Replies to post #3719 on Bluefire Renewables, Inc. (fka BFRE)

[Mjmillions]

Awesome! This is very encouraging. And it's great advice to do our own DD. Thanks!

[Mr Pennypacker]

Thanks for sharing!
BFRE long!$$$

[spidaman]

Great post! It's all about knowing what you own. Once you understand that then these scare tactics won't work. When the DOE pulled the grant, I remember talk of bankruptcy. I ignored all that noise and kept on purchasing as I understood the technology and I believed in their management. I've spoken with both Arnold and Richard Klann and any questions or concerns I've had has always been addressed. I own a considerable amount of shares and I am very comfortable with my investment. If I sold all my shares today I could live very comfortably, but I plan on holding as this is just the tip of the iceberg. GLTA.

[Garyst]

Excellent post!

[spec machine]

I find it hard to trust a company executive when they say things that are demonstrably false.

Also, BFRE was very informative. There is no "toxic debt" also. So information you may hear about "toxic debt" and "millions of shares diluting" is false information. That debt was all taken care of last year. No millions of toxic shares will be hitting the market. The sky will not fall and nor will any of us starve in the street.

The term "toxic debt" has no strict definition and BFRE executives probably dislike the term as it applies to them.

Despite this, the term applies to BFRE and the convertible debt it has on its books currently and has in the past. The debt converts to common shares at a rate well below market and the company has no reasonable near-term expectation of being able to repay the debt in cash. Therefore, it can be reasonably termed "toxic debt".

The fact that previous debt has already converted to millions of shares (in 2014) is concrete proof that both "dilution" and "toxic debt" are part of the reality of BFRE in 2014.

To say otherwise is a lie.

spec