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Saturday, October 1, 2022

Blue Fire Equipment Corp (OTCMKTS: BLFR) the Miracle Life Farm Reverse Merger

Blue Fire Equipment Corp (OTCMKTS: BLFR) is on the move northbound after the Company announced it has acquired Miracle Life Farm, LLC., a family-owned farm in Homestead FL operator of 13 acres of land growing exotic fruit including Thai Guava, Sugar Apple, and Mamay. The exotic fruits have been wholesaled under USDA throughout the nation including chain supermarkets such as Presidente and Windixie. Through a friendly transaction, the owners merged into BLFR for 81% of its Preferred Class B shares for its control while the founders remained with 19%. Now public, Miracle Life can utilize the capital markets alongside all the USDA benefits to greatly expand its operations and acquire synergistic companies to amplify its growth ultimately leading to overall shareholder value. 

As of June 30, 2022 Miracle Life held $3,133,827.95 in assets and $307,423.21 in revenue with December 31, 2021’s yearend generating over $980,000 in revenue. The Company continues to progress its expansion and restructure plans that’ll be shared soon. Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. Two recent RM runners that stand out are TSNP which went from sub pennies (where we first wrote about it) to several dollars per share. The other is HRBR which went from a few cents (where we first wrote about it) to $3 plus. 

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Blue Fire Equipment Corp (OTCMKTS: BLFR) is specialized in emerging industries acquisitions with an emphasis in the business of agriculture. BLFR is primary focused on its first acquisition, Miracle Life Farm, LLC., a family owned farm in Homestead, FL focused on growing exotic fruit including and not limited to Thai Guava, Sugar Apple, Banana, and Mamey under the USDA while utilizing their benefits to sell throughout the States. 

On September 15 BLFR announced it has acquired Miracle Life Farm, LLC., a family owned farm in Homestead FL. Miracle Life Farm, LLC. currently operates on 13 acres of land growing exotic fruit including Thai Guava, Sugar Apple, and Mamay. The exotic fruits have been wholesaled under USDA throughout the nation including chain supermarkets such as Presidente and Windixie. Successfully operating for over 6 years the owners of Miracle Life are ready to expand to larger lots and distribution channels utilizing their experience and network.  

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BLFR

 

Through a friendly transaction, the owners merged into BLFR for 81% of its Preferred Class B shares for its control while the founders remained with 19%. Now public, Miracle Life can utilize the capital markets alongside all the USDA benefits to greatly expand its operations and acquire synergistic companies to amplify its growth ultimately leading to overall shareholder value. 

As of June 30, 2022 Miracle Life held $3,133,827.95 in assets and $307,423.21 in revenue with December 31, 2021’s yearend generating over $980,000 in revenue. The Company continues to progress its expansion and restructure plans that’ll be shared soon. 

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Currently trading at a $2.2 million market valuation BLFR OS is 33,947,368 with 12,143,315 in the float. According to the Company they plan to cancel 18 million shares more than half the OS which would bring the market cap to under $1 million USD. The stock has been on the move since the Company announced it has acquired Miracle Life Farm, LLC., a family owned farm in Homestead FL operator of 13 acres of land growing exotic fruit including Thai Guava, Sugar Apple, and Mamay. As of June 30, 2022 Miracle Life held $3,133,827.95 in assets and $307,423.21 in revenue with December 31, 2021’s yearend generating over $980,000 in revenue. The Company continues to progress its expansion and restructure plans that’ll be shared soon. Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors.  We will be updating on BLFR on a daily basis so make sure you are subscribed to microcapdaily.com.

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Disclosure: we hold no position in BLFR either long or short and we have not been compensated for this article.

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