Blue Biofuels Inc (BIOF)

[brooklyn137]

The other way to look at this is that they are a relatively small grant or off-take away from commercializing. Also, the partnership with Vertimass is for a plant to convert ethanol to aviation fuel, a process already proven by Vertimass. So there is no reason to believe building a plant that will take purchased ethanol and convert it into aviation fuel should take a year or more. I suspect funding is what is holding the company and the stock back.