InvestorsHub Logo

brooklyn137

03/26/24 10:15 AM

#6643 RE: golongguy #6642

Thanks golonguy. This is something, not because they have made ethanol, once they have sugar I don't think that's much of a challenge, but because it may indicate that more is coming. They are talking about offtake agreements, which should mean no dilution. Hopefully, they come through soon.

NewJerichoMan

03/26/24 2:03 PM

#6644 RE: golongguy #6642

Great article!

1. $BIOF successfully produced its first batch of cellulosic ethanol using its CTS pilot line. Significant milestone in journey towards commercialization.

2. $BIOF granted two US patents related to its technology, with six more patents pending.

3. Expansion Plans. $BIOF planning to establish production capacity for Sustainable Aviation Fuel (SAF) in collaboration with Vertimass. Evaluating potential locations in Florida that can accommodate both SAF and cellulosic ethanol production facilities.

4. $BIOF engaged in discussions to expand its off-take agreement(s) (contract between producer {$BIOF} and buyer {World Energy Sustainable Products + looking for others} for "X" supply at "Y" price) for biofuels.


Sounds like we're getting close to having an actual product, able to be produced on a commercial scale! We already have a partner to help us produce it. We already have at least one buyer willing to purchase it. Just a few more pieces needed to fall in place and then some big a$$ oil company will come along and snap us up.

NO birds Allowed

03/27/24 9:28 AM

#6645 RE: golongguy #6642

about time :)) the only thing is it does not say how much they produced.