It looks like BLFR are making all of the right moves right now. Reducing the Authorized Shares (AS) down from 2 billion to 250 million is a huge step in the right direction to include using Preferred Shares for future acquisition: https://www.globenewswire.com/news-release/20...Resou.html
BlueFire Equipment Corp (BLFR) Reduces Authorize Common Stock, Increases Series A Preferred Stock for Future Acquisitions, and Shares Updates on the Binding Letter Agreement with Resource Rock Expl...
https://www.globenewswire.com