Replies to post #1100 on Bluefire Renewables, Inc. (fka BFRE)

[terry hallinan]

Chilling indeed, Moras.

Tarpon Bay Convertible Notes



Pursuant to a 3(a)10 transaction with Tarpon Bay Partners LLC (“Tarpon”), on November 4, 2013, the Company issued to Tarpon a convertible promissory note in the principal amount of $25,000 (the “Tarpon Initial Note”). Under the terms of the Tarpon Initial Note, the Company shall pay Tarpon $25,000 on the date of maturity which is January 30, 2014. This note is convertible by Tarpon into the Company’s Common Shares at a 50% discount to the lowest closing bid price for the Common Stock for the twenty (20) trading days ending on the trading day immediately before the conversion date.



Also pursuant to the the 3(a)10 transaction with Tarpon, on December 23, 2013, the Company issued a convertible promissory note in the principal amount of $50,000 in favor of Tarpon as a success fee (the “Tarpon Success Fee Note”). The Tarpon Success Fee Note is due on June 30, 2014. The Tarpon Success Fee Note is convertible into shares of the Company’s common stock at a conversion price for each share of Common Stock at a 50% discount from the lowest closing bid price in the twenty (20) trading days prior to the day that Tarpon requests conversion

Page F-25
https://www.sec.gov/Archives/edgar/data/1370489/000149315214001141/form10k.htm

See also Page F-11
https://www.sec.gov/Archives/edgar/data/1370489/000149315214002424/form10q.htm

Best, Terry

[Snizzle]

Moras, looks like it's too late. BFRE was around Its 52 week high of .13 when Tarpon took control of the stock. I am curious about the recent spike to the current levels from .002's??? A setup??