SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
PLAINFIELD ASSET MANAGEMENT LLC

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/12/2007
3. Issuer Name and Ticker or Trading Symbol
PURE BIOFUELS CORP [ PBOF ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share 11,000,000 D(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
10%/12% Senior Convertible PIK Election Note (4) 09/12/2012 Common Stock, par value $0.001 16,666,667 $0.6 D(2)
Warrant (4) 09/12/2014 Common Stock, par value $0.001 56,938,245 $0.6 D(3)
1. Name and Address of Reporting Person*
PLAINFIELD ASSET MANAGEMENT LLC

(Last) (First) (Middle)
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
PLAINFIELD SPECIAL SITUATIONS MASTER FUND LTD.

(Last) (First) (Middle)
C/O PLAINFIELD ASSET MANAGEMENT LLC
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Plainfield Peru I LLC

(Last) (First) (Middle)
C/O PLAINFIELD ASSET MANAGEMENT LLC
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Plainfield Peru II LLC

(Last) (First) (Middle)
C/O PLAINFIELD ASSET MANAGEMENT LLC
55 RAILROAD AVENUE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
HOLMES MAX

(Last) (First) (Middle)
C/O PLAINFIELD ASSET MANAGEMENT LLC
55 RAILROAD AVE

(Street)
GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These shares are owned directly by Plainfield Peru II LLC, a Delaware limited liability company, and indirectly by Plainfield Special Situations Master Fund Limited, Plainfield Asset Management LLC and Max Holmes. Plainfield Special Situations Master Fund Limited, a Cayman Islands exempted company, is the sole member of Plainfield Peru II LLC. Plainfield Asset Management LLC, a Delaware limited liability company, is the manager of Plainfield Special Situations Master Fund Limited. Max Holmes, an individual, is the chief investment officer of Plainfield Asset Management LLC. Each of Plainfield Asset Management LLC and Max Holmes disclaims beneficial ownership of all such shares, except to the extent to which each holds a pecuniary interest therein.
2. The convertible note is owned directly by Plainfield Peru I LLC, a Delaware limited liability company, and indirectly by Plainfield Special Situations Master Fund Limited, Plainfield Asset Management LLC and Max Holmes. Plainfield Special Situations Master Fund Limited, a Cayman Islands exempted company, is the sole member of Plainfield Peru I LLC. Each of Plainfield Asset Management LLC and Max Holmes disclaims beneficial ownership of the convertible note and the shares into which it is convertible, except to the extent to which each holds a pecuniary interest therein.
3. The warrant is owned directly by Plainfield Peru II LLC, a Delaware limited liability company, and indirectly by Plainfield Special Situations Master Fund Limited, Plainfield Asset Management LLC and Max Holmes. Each of Plainfield Asset Management LLC and Max Holmes disclaims beneficial ownership of the warrant and the shares into which it is exercisable, except to the extent to which each holds a pecuniary interest therein.
4. The convertible note and the warrant are exercisable upon effectiveness of an amendment to the articles of incorporation of the issuer to increase the authorized common stock of the issuer to a number sufficient to support the issuance of the common stock underlying the convertible note and the warrant.
Remarks:
* Duly authorized pursuant to Limited Power of Attorney, dated February 1, 2007, by and on behalf of Max Holmes, appointing Thomas X. Fritsch as his attorney-in-fact, included as an Exhibit to this Form 3.
PLAINFIELD SPECIAL SITUATIONS MASTER FUND LIMITED, by /s/ THOMAS X. FRITSCH, Authorized Individual 09/21/2007
PLAINFIELD PERU I LLC, by /s/ Steven Segaloff, Senior Vice President 09/21/2007
PLAINFIELD PERU II LLC, by /s/ Steven Segaloff, Senior Vice President 09/21/2007
PLAINFIELD ASSET MANAGEMENT LLC, by /s/ THOMAS X. FRITSCH, Managing Director and General Counsel 09/21/2007
MAX HOLMES, by /s/ THOMAS X. FRITSCH, Attorney-in-Fact* 09/21/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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