Blue Biofuels Files Amended 2023 10-K

TL;DR

Blue Biofuels (BBFL) amended its 2023 10-K, check for updates.

AI Summary

Blue Biofuels, Inc. filed an amended 10-K on July 24, 2024, for the fiscal year ending December 31, 2023. The company, formerly known as Alliance Bioenergy Plus, Inc., is incorporated in Nevada and operates in the industrial organic chemicals sector. The filing provides updated information regarding its business operations and financial status.

Why It Matters

This amended filing provides updated financial and operational details for Blue Biofuels, Inc., which is crucial for investors and stakeholders to assess the company's current standing and future prospects.

Risk Assessment

Risk Level: medium — As a small business issuer with a history of name changes, the company's filings require careful review for potential volatility and evolving business strategies.

Key Players & Entities

• BLUE BIOFUELS, INC. (company) — Filer and company name
• Alliance Bioenergy Plus, Inc. (company) — Former company name
• Nevada (jurisdiction) — State of incorporation
• July 24, 2024 (date) — Filing date of the 10-K/A
• December 31, 2023 (date) — Fiscal year end

FAQ

Key Financial Figures

• $0.001 B — ich registered Common Stock par value $0.001 BIOF OTCQB Indicate by check mark if

Filing Documents

• form10-ka.htm (10-K/A) — 109KB
• ex31-1.htm (EX-31.1) — 20KB
• ex31-2.htm (EX-31.2) — 20KB
• 0001493152-24-028893.txt ( ) — 372KB
• biof-20231231.xsd (EX-101.SCH) — 3KB
• biof-20231231_lab.xml (EX-101.LAB) — 35KB
• biof-20231231_pre.xml (EX-101.PRE) — 23KB
• form10-ka_htm.xml (XML) — 7KB

Cyber Security;

Item 1C Cyber Security; Amend the wording of Item 9A to be compliant with Item 307 of Regulation S-K; and Report a change in our registered public accounting firm. This Form 10-K/A amends and restates only Part I, Items 1C, 9 and 9A of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. No other Items of the previous Form 10-K filing have been amended or revised in this Form 10-K/A, and all such other Items shall be as set forth in such previous Form 10-K filing. In addition, no other information has been updated for any subsequent events occurring after March 26, 2024, the date of filing of the Original Form 10-K. TABLE OF CONTENTS ITEM 1C. Cybersecurity 3 ITEM 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 3 ITEM 9A.

Controls and Procedures

Controls and Procedures 4

SIGNATURES

SIGNATURES 5 2 ITEM 1C. CYBERSECURITY The Company employs several strategies for assessing, identifying, and managing material risks from cybersecurity threats. Components of this strategy include the use of industry standard traffic monitoring tools, and training users to detect, report, and prevent unusual behavior. Through our IT consulting firm, we employ continuous monitoring mechanisms to detect and respond to cybersecurity threats promptly. Regular reports are generated as needed for management and the board, providing insights into our cybersecurity posture, incidents, and remediation efforts. We conduct regular assessments and testing to ensure the effectiveness of these controls, especially those related to the protection of financial information. The implementation and management of these processes are integrated with the Company's overall operational risk management processes that seeks to limit our exposure to unnecessary risks across our operations. Our cybersecurity program is overseen by the Chief Financial Officer (CFO), who reports directly to the Chief Executive Officer (CEO) and updates the Board of Directors on cybersecurity matters. Our employees receive regular training on cybersecurity best practices, emphasizing the protection of financial information. We foster a culture of cybersecurity awareness and responsibility throughout the organization. We maintain a comprehensive incident response plan that outlines the steps to be taken in the event of a cybersecurity incident. This plan includes procedures for promptly reporting material incidents to the SEC, as required, and for communicating with affected stakeholders. Upon discovery of a cybersecurity incident, the identifying party immediately notifies the Company's CFO. The CFO activates the incident response plan to include the following: Gather preliminary information about the cybersecurity incident. CFO notifies the CEO and the Board of Directors of the cybersecurity t

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Blue Biofuels, Inc. (Registrant) By /s/ Benjamin Slager Benjamin Slager Chief Executive Officer, (Principal Executive Officer) Date July 24, 2024 By /s/ Anthony Santelli Anthony Santelli Chief Financial Officer (Principal Financial and Accounting Officer) Date July 24, 2024 Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the registrant and in the capacity and on the date indicated. By /s/ Benjamin Slager Benjamin Slager Chief Executive Officer, (Principal Executive Officer) Date July 24, 2024 By /s/ Anthony Santelli II Anthony Santelli Chief Financial Officer (Principal Financial and Accounting Officer) Date July 24, 2024 By /s/ George D. Bolton George D. Bolton Director Date July 24, 2024 By /s/ Charles F. Sills Charles F. Sills Director Date July 24, 2024 By /s/ Peter Zimeri Peter Zimeri Director Date July 24, 2024 By /s/ Edmund Burke Edmund Burke Director Date July 24, 2024 By /s/ Chris Kneppers Chris Kneppers Director 5

View Full Filing

View this 10-K/A filing on SEC EDGAR