Blue Biofuels Inc (QB) (BIOF)

At Massport’s urging, Healey signs tax break for sustainable aviation fuel
Airlines will be able to take advantage of a new $10 million tax credit in each of the next three years

https://commonwealthbeacon.org/environment/at-massports-urging-healey-signs-tax-break-for-sustainable-aviation-fuel/

The only thing they need to do is activate the loan guarantee.

Moving where? What can you do with $587k as a company. To scale for production they need tens of millions, not sure how this helps other than paying again salaries and basic expenses for a few more months.
The follow up on the doe grant for phase 3, would have been huge, not sure what happened there. They really need something meaningful rather than doing the same snowball every year

I'm speculating now, so take this with a grain of salt. But I'm wondering if the 11 investors were stockholders and if they sold shares to finance the newest tranche. If so, it might explain the selling in the last couple of weeks.

I just checked the volume for the last four weeks or so, since the price started dropping. It was about 3.5 million. If the average price was about 10 or 11 cents, it would just about be the amount needed. This is not at all scientific, but as a ball park it's possible.

Thanks Paddydigital. That looks good, it may be enough to get them moving.

Blue Biofuels has received $587,000 in funding, closing its second tranche on 26th June 2026. The transaction attracted participation from 11 investors, with the second tranche contributing $337,000.
The company frequently utilizes private placements and tranches to secure funding as it pushes toward large-scale commercial production and federal loan backing. Tranche funding like this helps the company maintain liquidity and pursue strategic regulatory milestones. 
https://app.dealroom.co/news/feed/blue-biofuels-raises-587k-in-second-tranche-with-11-investors

I didn't say anything about raising cash to make it to the end of the year. Different perspective w shareholders on when they entered the stock. For me it has been most recent with averaging down over the last year or so. I understand the frustration and losing patience over the years thats why i believe timing w the market is most important. They basically bailed themselves out of bankruptcy and getting traction on this new advanced CTS process that is life changing for some. I for one believe in the management and believe the DOE bigwigs believe in it also. These type of deals take a hell of alot of time and capital. Once we get any sort of update then the SP will take care of itself. Also I am not privy to any additional info/news than anybody else until they make news public through the proper channels including social media. Im just a small time retailer holding a few thousand  shares that believe in this interesting story. Good luck to all including the longtimers that have had the patience thus far :)

Why you even bother replying what he thinks. He might as well say $10 what does this have to do with fundamentals and that over the past 10 years there have been zero progress, while we are in the greatest bull run… imagine how screwed we as investors are thanks to Ben and management

What makes you think that they will be able to raise enough cash to make it to the end of the year ? We have heard no update from mgmt on anything. If you know something please share. 

Yes I saw that also. I managed to snag a few shares today low .11 cent range. Conservatively this will be over a buck by next year IMHO. And much higher if you hold for a few years. I believe we may here news by end of year ;)

Anyone watching L2 live? Calculated selling going on here?

some volume today, and on the up side. Not sure if it means anything.

A going-concern disclosure is a formal note added to a company's financial statements when there is substantial doubt about its ability to survive for the next 12 months. For a startup, this disclosure acts as a public warning to investors, lenders, and regulators that the business is facing a severe cash crunch and could potentially fail or be forced to liquidate.
Blue Biofuels Inc. (BIOF) has shown positive signs of potential survival. This is despite its recent SEC Form 10-K filing highlighting a standard going-concern warning due to a $2.87 million net loss and $0 revenue. The company's survival strategy hinges on several key "indicators of survival" that management is leveraging to secure funding and scale operations.

The going-concern disclosure means that the company may not be able to keep operating without new funding. Being in a survival and financing mode, the management's primary focus right now is raising money to keep the lights on. 

Seems like even Ben gave up on it. It is a joke at this point…

Looks like noone knows whats going on with the company and people are giving up on this pig. SILENCE is never your friend in investing.

Perhaps someone has heard what the new financing terms are? Feels like we have an eager seller.

As always, I am a pollyanna, but this may be positive. Consider no one who knows anything about penny stocks would put in a market order. The other possibility is someone is trying to scare up some shares by scaring holders. it is also possible that someone so needed 9000 dollars that they sold their shares. My Bayesian analysis that it is someone attempting to scare up some shares.

Looks like someone placed a market order to dump 150k worth of shares at the open. Hence the wild swing.

$0.06 this morning? Time to put in some bids I guess.

In my opinion, if Blue Biofuels and Vertimass begin projecting VertiBlue Fuels as a standalone company/platform at this stage, it could materially change both the financing narrative and the operational trajectory. 
Given the current situation:Blue Biofuels has weak balance-sheet strength; VertiBlue carries the “clean” SAF growth narrative; the project has site control, USDA pathway, scalability thesis, and policy alignment.
Investors may respond better to a focused SAF platform than to a distressed microcap parent company. This is very common in energy/infrastructure finance.

I think the grant money is gone at this point or they would have had it by now.It is up to the low interest government loan to save us. This company is too quiet as noone has a clue how we are progressing. 

Hopefully they are working hard to keep the project going.

the only one who has showed up is anthony. hope he is right

and yet they give themselves raises every year , find the money for that it seems.

Waiting for them to execute on something is beyond a parody. Seems like they can’t deliver on anything, with markets at all time high, they can’t come up with $10-15mil to qualify for something big. Management is a joke, and seems like there will never be light at the end of the tunnel with them. Over 10 years of nada with them.

so . has anyone seen the new deck, they need another 15mm to move forward, what with all they have raised , does any think they will need to issure more stock to raise those funds,

you are a better man than I . I LOST hope quite a while ago, now just being stubborn cause its been so long

what a surprise ::((

Don't know. they were a bit cagey with the language. "...for an insurance wrap intended to help secure financing for the project." It could mean they have it on the condition of the wrap or that they think having an agreement for the wrap would help them get financing in general. I'm optimistic, but I'm always optimistic.

so does that mean that have money coming in or

This seems like the kind of thing they would do if they were ready to begin some kind of construction. To me it means they are ready to go and may have gotten the financing they need, but the financer may want this kind of insurance as a condition of funding the project. It feels good to me.

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

what in the 7 hells does that mean

Blue Biofuels (BIOF) is working to establish favorable funding conditions by engaging with risk insurance companies. The company has taken an important first step by executing an LOI with two risk insurance companies for an insurance wrap intended to help secure financing for the production facility.

This marks another step toward advancing the commercialization pathway for its first production facility.

https://www.linkedin.com/posts/blue-biofuels_biofuel-renewables-usenergy-activity-7458220762454200320-v6tQ?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAXtGSIBLtZ4HSLGs8D6jtkC-2JyrRnq8KA

you read the new release, ben sure has a high opinion of himself, taking and taking and taking

a bit of volume today. Not sure if it means anything, but some higher prices during the day.

I hope he brought his knee pads

you never know .they are both transactional. he may offer him a piece of the company if theu put one of the evil twins on the board, or maybe something more valuble, lol

Maralago has meeting rooms with dinner sometimes used for meetings with potential investors. I imagine this is what it means, not a meeting with Trump or his people. The linkedin post says, they were kicking off their promotional tour, and "while increasing awareness among both the public and investors." This context indicates to me that it was investors. But who knows.

Your guess is as good as mine.

What exactly does it mean that he went to Marlargo?!..He went golfing with a few buddies? Or he met with the Trump Admin. about Blue Biofuels?.

The post is either great news or a sinister and pathetic attempt to sell shares on a depective post?!

Think we're gonna call it a swing-and-a-miss.

It looks good. Let's see if the market recognizes it.

Gu-ON-teed we close the week on a high!

Blue Biofuels at Mar a Lago,

CEO of Blue Biofuels, Ben Slager, visited Mar-a-Lago last night, Thursday evening, as the company officially kicked off its promotional tour.

With the development stage now complete, Blue Biofuels is advancing into its next phase: starting the engineering and design of the production capacity, while increasing awareness among both the public and investors.

As momentum builds, Blue Biofuels is focusing on raising increased awareness among the public and investors, where is a better place to start than a place where influential voices and ideas meet!

New tweet & post on Twitter & LinkedIn.

"Blue Biofuels at Mar a Lago,

CEO of Blue Biofuels, Ben Slager, visited Mar-a-Lago last night, Thursday evening, as the company officially kicked off its promotional tour.

With the development stage now complete, Blue Biofuels is advancing into its next phase: starting the engineering and design of the production capacity, while increasing awareness among both the public and investors.

As momentum builds, Blue Biofuels is focusing on raising increased awareness among the public and investors, where is a better place to start than a place where influential voices and ideas meet!"

https://www.linkedin.com/posts/blue-biofuels_blue-biofuels-at-mar-a-lago-ceo-of-blue-activity-7456006312590479360-XcWF?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAXtGSIBLtZ4HSLGs8D6jtkC-2JyrRnq8KA

I'll take it. But there is a 20% to 60% chance my post had nothing to do with it.

I know this post hoc ergo proctor hoc., but after you posted the nothing burger Knuckleballer, some buying volume came in.

LinkedIn comment = nothing burger... but it's better than nothing?

"Blue Biofuels is positioned to deliver the lowest operating cost structures in the industry.

This advantage is driven by superior feedstock and operating efficiency, as well as industry-leading feedstock conversion rates

As a result, Blue Biofuels achieves operating costs approximately 20–60% lower than competitors.

In an industry where cost efficiency and scalability are critical, this positions the company with a significant competitive edge.

#biofuels #biofuelfeedstock"

https://www.linkedin.com/posts/biofuels-biofuelfeedstock-share-7455634743276220416-TCJ3?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAXtGSIBLtZ4HSLGs8D6jtkC-2JyrRnq8KA