Blue Biofuels Inc (BIOF)

[brooklyn137]

Look, we all know what's going on. the company has a technology that works, has a deal with a company that has a technology to convert ethanol to aviation fuel and a license to sell 20 percent ethanol fuel. They have a plan with Vertimass to build a plant. The next step is to raise money. If they are talking to people, and I am virtually sure they are, they probably can't talk to us because because of the rules of their negotiation.

So, what could they say to bring us up to date? Nothing. So talking to us would be worse than worthless. Stockholders would be demanding information they can't give and would be more pissed at the end.

Consider, when we bought we knew we were taking a big risk, but the reward justified it. Now, we are taking a much smaller risk for the same reward. Why smaller? Because all the development has been done. The only question left is can they raise the money.