BlueFire Equipment Corp (BLFR)

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NEWS: BlueFire Equipment Corp (BLFR) Celebrates a Year of Major Achievements Leading to a Pivotal 2024 PR Link: https://www.otcmarkets.com/stock/BLFR/news/BlueFire-Equipment-Corp-(BLFR)-Celebrates-a-Year-of-Major-Achievements-Leading-to-a-Pivotal-2024?id=425916/

BlueFire Equipment Corp. (OTC: BLFR) , a specialist in emerging industry acquisitions,today celebrates a year of major achievements leading to a pivotal 2024.



Since the month of September 2023, BLFR has achieved and commenced many critical events leading to its current position and staged for the years ahead.



Achievements:

In September 2023, BLFR acquired 90% of Screaming Eagle Partners, LLC., a cashflow positive family-owned oil and gas company in Texas.
BLFR Change of Control and Merger Agreement

Screaming Eagle BNR JV, LLC. Operating Agreement

Assignment, Conveyance and Bill of Sale

Special Warranty Deed

Reserve Study of Wells in Madison County

BLFR September 30, 2023, Financial Results



Since October 2023, BLFR went from trading at $0.003 to a high of $0.83 a share.
BLFR Stock Chart



In November 2023, BLFR reduced its authorized common stock from 2 billion shares to 250 million shares and increased its series A preferred stock from 50 million shares to 99 million shares.
Amendments to Articles Incorporation for Authorized Stock Reduction and Series A Preferred Stock Increase

Information Statement for Authorized Share Reduction and Series A Preferred Stock Increase

Transfer Agent Stock Issue Detail



In December 2023, BLFR entered into a Joint Operating Agreement with Resource Rock Exploration, LLC. to increase its current oil and gas production in Bedias Creek, TX.
Binding Letter with Resource Rock Exploration, LLC.

Resource Rock Exploration, LLC. Joint Operating Agreement Announcement



In December 2023, BLFR acquired 85% Screaming Eagle Energy, LLC., purchasing oil and gas producing assets in Texas with approximately 1,400 DOE/day.
Screaming Eagle Energy, LLC. Acquisition

Screaming Eagle Energy, LLC. LOI to Purchase Producing Oil and Gas Assets in Texas

Screaming Eagle Energy, LLC. Acquisition and LOI Announcement



In December 2023, BLFR launched its corporate website showcasing its vision.
BLFR Website



In December 2023, BLFR entered into a Joint Venture Agreement with Willcox Holdings, Inc., to extract, and distribute refined Lithium Carbonate found in the brine water used in the Companys production of crude oil. Furthermore, the Company allows Willcox to obtain a 20% working interest of any future producing assets jointly acquired by providing 20% equity. All producing assets jointly purchased will grant Willcox 20% of the producing assets net profit with a 50/50 net profit split from all extracted and distributed refined lithium from the Companys locations.
Willcox International Holdings, Inc. Joint Venture Agreement



In Progress:

In November 2023, BLFR s CFO began communications with an audit firm and is preparing the Company for the required audit to uplist.
The CFO already has a firm ready for engagement early January 2024.



In November 2023, BLFR initiated the cancellation process for 18 million shares of its common stock.
Management has been in communication with the transfer agent and legal counsel to achieve the cancellation. Based on recent communication, the next step of the process will commence in January 2024 with anticipation on achieving the cancellation within Q1 2024.



In November 2023, BLFR set in motion the name change process.
Management has been working with FINRA on achieving the change. The anticipated name change and corresponding ticker symbol will be Screaming Eagle Holdings, Inc. (SEHI), if available.



In December 2023, BLFR commenced the process of cancelling the series B preferred stock class.
The Company has sent and communicated with each of its current 6 series B preferred stockholders the appropriate documents to have them properly executed and mailed to the transfer agent.



For more detailed insight, listen to December 12, 2023, OTC Stock Talk Space Interview with BLFR management team sharing BLFR vision and future.

Click to listen



BLFR Chairman of the Board comments, We are very pleased with the early results of the merger. The merger has provided multiple avenues to raise capital needed to execute management strategy to become one of the top 25 oil producers in Texas during 2024 through acquisitions and the development of assets. We are working on several options to increase the enterprise value of the company while guarding share structure integrity.



Nickolas S. Tabraue, BLFR Interim CEO and Director of the Board ends I am proud to share our year end summary. While the company has had several accomplishments, we are focused on company growth through increased oil production, strategic partnerships and acquiring producing assets, overall transpiring to shareholder value. We are excited for the upcoming year and committed to organically uplist to a major exchange.



About BlueFire Equipment Corp. (BLFR)

BLFR, after its two acquisitions in the oil and gas industry, Screaming Eagle Partners, LLC. and Screaming Eagle Energy, LLC. both operating in the state of Texas, is focused on increasing its acquisitions within the energy sector.



To learn more, please visit: https://blfr.info



SAFE HARBOR ACT: Forward-looking statements are included within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations or listing on an exchange are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond the Company control and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. There are no assurances that the Company will complete additional acquisitions or will be successful in being approved for a NASDAQ listing. No information in this press release should be construed in any manner whatsoever as an indication of the future performance of the Company revenues, financial condition or stock price.

Company Contact:

Nickolas S. Tabraue

Interim CEO and Director of the Board

[e-mail]

Phone [phone]