Replies to post #7334 on Blue Biofuels Inc (BIOF)

[brooklyn137]

In the full x post, they say they have a letter of intent with two insurance companies for an insurance wrap. As I understand it an insurance wrap is a single policy that covers all the contractors for a project. It augments the credit worthiness of a project by putting an major insurance carrier behind it.

This link explains it in more detail.

https://www.investopedia.com/terms/w/wrap-up-insurance.asp