BlueFire Equipment Corp (BLFR)

[TheHappyVulcan]

For an otc company, this has a very tight, desireable share structure and it seems like they want very much to keep it that way. Otcmarkets shows a float of just over 12M. This apears to be accurate. Further, the company's debt load is minimal. Again, this appears to be how they ( and I) like it.

Even though they have a huge credit line at their disposal, they're not put there running up huge bills. One good merger would likely put share price in the range of big boards with no need for any dreaded recerse split. Like anyone, I'd love for this to be growing faster, but they clearly choose repeatedly to preserve a sound financial footing no matter what.
I remain long on this one. That know full well that establishing a papertrail of smart, conservative moves will serve them very, very well when the next merger candidate arrives to complete discovery and due diligence.

glta. thv.