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FUEGO ENTERTAINMENT INC. 

Brand New Company website:

www.fuegoentertainment.net

RETURNING TO OTCBB

SHARES OUTSTANDING 40 MILLION

FLOAT 9.9 MILLION

ANNUAL REVENUE $2,000,000.00

REDUCING A/S TO 100 MILLION

REDUCING O/S BY AT LEAST 800,000

JANUARY END OF 2011 ALL UNAUDITED FILES TO BE UPDATED

2011 ALREADY OVER 70 CONCERTS BOOKED

STOCK TRADING AT 0.05 VERY CHEAP!

1 YEAR AGO TRADING OVER A DIME WITH NO REVENUE!

EASILY WORTH A QUARTER IF NOT MORE WITH ALL THIS REVENUE!

 CHECK THIS OUT!!!!

INSIDERS PAID BETWEEN .015 TO .20 PER SHARE, WE ARE MOVING UP SOONER THEN LATER

 

 

Fuego Entertainment Inc. Answers Shareholder Concerns
For Immediate Release
MIAMI/EWORLDWIRE/Jan. 6, 2011 --- It has come to the attention of Fuego Enterprises (Pink Sheets: FUGI) and management that there is a lot of speculation among current and prospective shareholders that the company may be selling shares into the market and/or participating in some kind of toxic financing. The speculation seems to be fueled by the recent unusually high volume of trading in Fuego Enterprises stock since Dec. 8, 2010. Therefore management has authorized this press release to speak directly with the Fuego shareholders, directly addressing some of their concerns.

From the inception of Fuego Entertainment and subsequent to the name change to Fuego Enterprises, CEO Hugo Cancio has never sold a single share of his original 19 million shares along with an additional 5.5 million shares issued to his wholly owned predecessor company, Ciocan Entertainment. Those original 24.5 million shares were issued in certificate form with a restriction legend attached. The original share certificates have never been sold, transferred or deposited into a trading account. The shares still reside in certificate form with the restriction legend in Mr. Cancio's portfolio.

The company has not entered into any type of financing, toxic or otherwise, from the inception of the company in 2005. At times in the past, the company has considered various financing options but has never consummated any of them. At this time, the company is in a good financial position and has no intention in the foreseeable near future of entering into any type of capital financing.

Over the last calendar year, the company has earned about $2 million in gross revenues. Revenues over the last calendar year are several times greater than in any year since the company's inception in 2005. The company expects to earn much greater gross revenues during this coming calendar year due to the fact that the 2011 concert schedule has an increased number of bookings over this previous year, and other scheduled special events that will be announced in the near future. Sometime during January, the company will be announcing a specific day and time for a conference call with an open invitation for all shareholders and prospective shareholders to participate. In that conference call Mr. Cancio will be providing an update on what has been happening with the company over the last year and plans for 2011. After providing an overview of future plans, Mr. Cancio will engage in a Q&A session with the participants.

 

 

 

 Your one stop resource for all things about Fuego Entertainment, Stock Symbol: FUGO.  FUGO.OB is no longer valid. It has changed to FUGI.PK.
Fuego Entertainment, Inc. is a media and entertainment company primarily in the production, distribution and broadcasting of entertainment products
such as films, documentaries, television shows and music.

 Fuego Entertainment, Inc. is a media and entertainment company primarily in the production, distribution and broadcasting of entertainment products such as films, documentaries, television shows and music. The Company also produces filmed content and manages a music record label, Fuego Entertainment Music International (FEMI),
Following our continuing success in marketing entertainment products to the Latin markets, the Company is expanding its content for the English market. Through acquisition of new media outlets, continuing expansion into new entertainment markets, increasing aggressive marketing of our existing products, and production of new entertainment content, we are dedicated to grow the Company by increasing revenue streams and maintaining low overhead.
Most recently, Fuego President and CEO, Hugo M. Cancio, has formed a private exploratory group, the US-Cuban Investment Committee. Fuego Entertainment is positioning itself for such opportunities as music publishing, catalogs and film libraries that are currently owned by the Cuban government. Being both a native Cuban and US citizen who has maintained close ties with the business community and entertainment industry in Cuba, Mr. Cancio is uniquely qualified to direct this exploratory group.  
In anticipation of the inevitable political and economic transformations soon to occur in the post- Fidel Castro era, the eyes of the world investment community are watching Cuba closely.  Fuego intends to participate in these positive changes.
 
Mr. Cancio comments:
  
The potential transformation of the Cuban economy will be driven by the culture of its people. I am very proud of my heritage and hope to become a leader in the expression of Cuban media and entertainment to the world. While our ultimate involvement is far from certain, on a timeline perspective and a business focus, we are preparing ourselves for the possibilities that can arise in the near term.?
Our long-term goal is becoming a media and entertainment conglomerate.

  Fuego Entertainment Inc. is engaged in the production, acquisition, marketing sales & distribution of entertainment products such as short films, documentaries, television shows, music, and tour productions. Also, through it's subsidiaries, provides management and development of television stations, recorded music and music publishing services worldwide. Its recorded music operations includes the discovery, production and development of artists, and  marketing, distribution, and licensing of  the recorded music by the artists. The company also markets it's music catalog through compilations and re-issuances of previously released music and video titles, as well as licenses tracks to and from  other producers/record labels for various uses, including film, documentaries, short films and television soundtracks.
Fuego Entertainment currently manages its own music catalog and is seeking to develop additional artists to expand its music library. The Company develops new and existing talent, networks with music producers to explore potential collaborations, and pursues the expansion of its distribution network. Fuego has an in-house distribution network with over 100 clients across the globe, including Specs Music Stores, Reyes Records Distributors, DLN Distribution, H&L Distribution, Sony Music, and Universal Music. These clients are distributors of the Company's music products through independent record stores and record labels. The company distributes it's music catalog through most major on-line track and CD download sites. The Company also licenses products from Sun Flower Publishing, receiving royalties for record sales, radio and television play and other licensing opportunities. The company was founded in December of 2005 and is headquartered in Miami, Florida.
Most recently, Fuego President and CEO, Hugo M. Cancio, has formed a private exploratory group, the US-Cuban Investment Committee. Fuego Entertainment is positioning itself for such opportunities as music publishing, catalogs, and film libraries that are currently owned by the Cuban government. Being both a native Cuban and US citizen who has maintained close ties with the business community and entertainment industry in Cuba, Mr. Cancio is uniquely qualified to direct this exploratory group. The exploratory group may be contacted directly via email at:
uscubaninvestmentcommittee@yahoo.com
www.uscubaninvestmentcommittee.com
In anticipation of the inevitable political and economic transformations soon to occur in the post- Fidel Castro era, the eyes of the world investment community are watching Cuba closely.  Fuego intends to participate in these positive changes.

 Fuego Entertainment is an operating entity involved primarily in music distribution, concert promotion and all aspects of the entertainment business. The parent company Fuego Enterprises is a Nevada corporation publicly trading on the Over The Counter Pink Sheets under the symbol FUGI.
 
Institutional Investors
The Herzfeld Caribbean Basin Fund Inc.

Investor Relations Contact:
Dan York
phone (214) 675-2531
email
ir@fuegoentertainment.net

Corporate Office:
8010 NW 156 St
Miami Lakes, Florida, 33016
(305) 823-9999

SHARE STRUCTURE AS OF DEC. 31, 2010

 
Technicals & Ratios
 
3 Months Avg. Volume: 179.17K
1 Month Avg. Volume: 528.50K
10 Days Avg. Volume: 102.59K
5 Days Avg. Volume: 63.80K
 
52 Weeks High: 0.0700
26 Weeks High: 0.0300
8 Weeks High: 0.0190
10 Days High: 0.0065
5 Days High: 0.0065
 
Market Cap: 224.26K
Shares Outstanding: 40.78M
Float: 9.96M
% Held by Insiders: N/A
% Held by Institutions: N/A
3 Months Avg. Price: 0.0150
1 Month Avg. Price: 0.0060
10 Days Avg. Price: 0.0044
5 Days Avg. Price: 0.0052
 
52 Weeks Low: 0.0015
26 Weeks Low: 0.0015
8 Weeks Low: 0.0015
10 Days Low: 0.0027
5 Days Low: 0.0040
 
Diluted EPS: -0.00
Price/Earnings: N/A
Ex-Date: N/A
Dividend: NA
Dividend Yield: N/A
 

 
 

Date Time Source Headline Symbol   Company
01/13/2011 10:52AM GLOBE Fuego Enterprises Inc. Highlights Increased Concert Scheduling for Cuban Music "All-Stars" for 2011 USOTC:FUGI   Fuego Enterprises, Inc.
01/11/2011 11:02AM GLOBE Fuego Enterprises, Inc. Announces Record Revenue of More Than Two Million Dollars

 
May 26. 2010 - Fuego Enterprises Announces Cuban Folk Icon Silvio Rodriguez Performance Sold Out at Carnegie Hall
Feb. 9, 2010 - Fuego Enterprises Announces Increasing Revenues From Tours and Live Performances of Music Groups
Oct. 15, 2009 - Fuego Enterprises Does Spin Off of Cuba Business Development Group
Sept. 18, 2009 - Fuego Enterprises, Inc. Updates Shareholders On Its Decision Not to Continue as a Reporting Company
July 7, 2009 - Fuego Enterprises Announces a Major Development in Its Substantial Investment in Beverage Plus
June 23, 2009 - Fuego Enterprises, Inc. Announces Name Change to Define Its Expanded Role in Non-media Business Activities
June 23, 2009 - Fuego Enterprises, Inc. Launches Operations in the  Telecommunications Industry
 

 
 
Fuego Entertainment's website may include a number of "forward-looking statements" as defined under the Securities Act of 1933, the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. These statements reflect management's current views with respect to future events and financial performance and include statements regarding management's intent, belief or current expectations, which are based upon assumptions about future conditions that may prove to be inaccurate. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, among other things, the volatile and competitive markets in which we operate, our limited operating history, our limited financial resources, our ability to manage our growth and the lack of an established trading market for our securities. When considering forward-looking statements, readers are urged to carefully review and consider the various disclosures, including risk factors and their cautionary statements, made by Fuego Entertainment & Fuego Enterprises in our press releases and in our reports filed with the Securities and Exchange Commission.

home  |   about us   |   company profile   |   investor relations   |   business
projects   |   media gallery   |   store   |   contact us
© 2005 Fuego Entertainment, Inc.
Maintained by Fuego Entertainment.
Please direct problems or comments regarding this site to: web@fuegoentertainment.net

 
************************************************************************************************************************************************************************************************

Fuego Entertainment Acquires 15 "Lost", Never Before Released, Recordings by The Beatles
http://biz.yahoo.com/iw/080110/0346908.html
Jeffrey Collins, Beatles Tapes on the Today Show
http://www.msnbc.msn.com/id/21134540/vp/22965189#22965189
Fuego Entertainment Announces Acquisition of Jimi Hendrix Live Performance Music Library
http://biz.yahoo.com/iw/080111/0347466.html

************************************************************************************************************************************************************************************************
Fuego is a fully reporting OTCBB stock. Absoultuely new trader absent any dark clouded history or reverse mergers.

Associates:
Fuego Entertainment Media Group, LLC
Fuego Entertainment Music International (FEMI)
Fuego Entertainment Publishing Group (FMP)
Ciocan Entertainment and Music Group, LLC

Investor Relations Contact:
Dan York
phone (214) 675-2531
email ir@fuegoentertainment.net

Corporate Office:
Fuego Entertainment, Inc.
8010 NW 156 St
Miami Lakes, Florida, 33016
(305) 823-9999


Press Releases:
http://www.fuegoentertainment.net/investor.html

3/27/2008 - Fuego Entertainment Releases Over One Hundred CDs for Digital Sales and Distribution
3/26/2008 - Fuego Entertainment Digital Distribution Continues to Expand Throughout the World
3/25/2008 - Fuego Entertainment Announces $425,000 in Advertising Revenue From Beverage Plus
1/29/2008 - Fuego Entertainment Announces New English Music Release Schedule of Fourteen Albums Over the Next Four Months
1/11/2008 - Fuego Entertainment Announces Acquisition of Jimi Hendrix Live Performance Music Library
1/11/2008 - Fuego Entertainment Taps Into the Advertising Arena and Announces $300,000 in Advertising Revenue in the First 10 Days of 2008
1/10/08 - Fuego Entertainment Acquires 15 "Lost", Never Before Released, Recordings by The Beatles
1/09/08 - Fuego Entertainment Announces Joint Venture, Echo-Fuego, With Legendary Music Producer and Promoter Jeffrey Collins and Makes a Cross Over Into the English Music Market

12/5/07 - Fuego Entertainment Closes $340,600 in Private Placements
10/31/07 - Marc Bodin Joins Fuego Entertainment's Board of Directors
10/23/07 - Fuego Entertainment Announces the Release Date of The Viashow Inc. Song "FuegoLatinFire" Remixed by Luny Tunes and Various Other Acquisitions of Music and Video Content
10/11/07 - Fuego Entertainment Enters the Digital Music Download Retail Market
10/10/07 - Rene Lavandera and Bernardo Maurovich Join Fuego Entertainment's Board of Directors
9/25/07 - Fuego Entertainment Announces Production Agreement with Award-Winning Music Producers Luny Tunes
9/24/07 - Fuego Entertainment Announces New Digital Distribution Deal in Central and South America via Movistar.
8/22/07 - Fuego Entertainment Acquires More Music and Video Content; Executes Exclusive Music Publishing Agreement with Europe's Music Publishing Giant, Ediciones Musicales Clipper's S.L.
7/24/07 - Fuego Entertainment Announces a Distribution Agreement to Promote and Distribute Dr. Joe Vitale's Revolutionary Sugarless Margarita Mix, Fit-a-Rita™, in all Spanish-Speaking Countries Worldwide.
6/18/07 - Fuego Entertainment Announces Three New Album Releases, Including the Long Awaited CD Release, Habia Una Vez, La Caperucita, from the Popular Music Phenomenon Clan 537, Baby Lores & Insurrecto
6/14/07 - Fuego Entertainment Acquires All Music Assets From Sunflower Publishing and Launches Its Own Publishing Division, Fuego Music Publishing
6/13/07 - Fuego Entertainment continues to Acquire More Music and Video Content; Executes Exclusive Artist Representation and Distribution Agreement with the Popular Latin Music Group, Tecupae
5/29/07 - Fuego Entertainment Acquires More Music and Video Content; Executes Exclusive Agreements With Nine World Famous Latin Artists, and Enters the Christian Music Market
5/1/07 - Fuego Entertainment Announces the Acquisition of Adriano Tota Productions' Media Library and an Exclusive Production Agreement With Adriano Tota
4/18/2007 - Cuban-American Film, "Zafiros Locura Azul," to Be Screened at the Silver Lake Film Festival in Los Angeles
4/17/2007 - Fuego Entertainment Announces New Sales Revenues From Its Music Content
3/16/07 - Fuego Entertainment Announces the Acquisition of the Cuban-American Film, The Bases are Loaded
3/14/07 - Fuego Entertainment Announces An Exclusive Agreement With Digital Music Group, Inc., a Global Leader in the Digital Distribution of Music, TV, and Film Catalogs
3/12/07 - Fuego Entertainment Announces the Release Date of the Popularly Acclaimed Cuban Film, Zafiros Locura Azul
3/8/07 - Fuego Entertainment Announces the World Release of the Much Anticipated Cuban Music CD "Algo Ritmo" by Fuego Entertainment Music International (FEMI)
3/7/07 - Parnell Francois Delcham Joins Fuego Entertainment's Board of Directors

SEC filings:
http://www.sec.gov/cgi-bin/browse-edgar?company=Fuego%20Entertainment&CIK=FUGO&filenum=&....

***********************************************************************************************************************************************************************************************
 

                          
              FUGI - Daily Candlesticks  
                           
              FUGI - Daily Candlesticks  
                           


*********************************************************************************************************************************************************************************************** SEC Filingshttp://www.otcmarkets.com/stock/FUGI/financials
 

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FUGI
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PostSubject
#5923   https://www.youtube.com/watch?v=Fzs86SccsfQ Thinman13 11/27/16 10:35:28 PM
#5922   Fidel Castro is dead. Maybe some positive news Thinman13 11/27/16 10:28:14 PM
#5921   That would be nice. Thinman13 10/28/16 10:55:47 AM
#5920   Nice. Maybe Hugo will do a monte379 10/27/16 05:59:53 PM
#5919   Somebody just bought $10,000 worth of FUGI today? Thinman13 10/27/16 04:06:00 PM
#5918   Fuego Enterprises, Inc. Developing Cuba's First E-Commerce Website edwk 07/21/16 02:00:07 PM
#5917   $FUGI - Looking good with filings! wholelotamoney 05/12/16 08:37:39 AM
#5916   not a nice man goldbarren58 08/29/15 06:35:39 PM
#5915   HUGO IS AN A-HOE HAS NOT PUT ANYTHING edwk 08/28/15 02:01:05 PM
#5914   The Fuego Enterprises Group, (FUGI) Inc. Announces Publication Thinman13 04/08/15 11:57:22 AM
#5913   Want to know who Hugo is, and what barryl 03/08/15 01:05:34 PM
#5912   Hugo Cancio: Cuba's American business connection? barryl 02/20/15 09:37:30 PM
#5911   Took a little time but we are on edwk 02/20/15 03:24:14 PM
#5910   www.prnewswire.com/news-releases/fuego-enterprises-inc-announces-the-plan-t barryl 12/29/14 02:16:10 PM
#5909   Fuego CEO, Mr Hugo Cancio on CNN, Reliable cubaninvestor 12/28/14 12:14:00 PM
#5908   FUGI Havana Offices. cubaninvestor 12/18/14 09:47:19 PM
#5907   CEO of Fuego Enterprises, Mr. Hugo Cancio.. check cubaninvestor 12/18/14 09:45:36 PM
#5906   good luck ed goldbarren58 12/17/14 08:25:22 PM
#5905   let us pray thinman goldbarren58 12/17/14 08:24:41 PM
#5904   Yes! barryl 12/17/14 11:53:10 AM
#5903   It's alive! Perhaps something is up? Thinman13 12/17/14 11:50:52 AM
#5902   BOOM! FUGI Patience pays off. Now go spread barryl 12/17/14 11:18:01 AM
#5901   nice move dmb17 09/21/14 03:58:01 PM
#5900   WE MAY START MOVIN NEXT WEEK edwk 02/23/14 12:58:06 AM
#5899   Wishful thinking.. strike4 02/12/14 07:31:10 PM
#5898   FUGI is smells like a winner kranthikumar 11/05/13 09:55:04 AM
#5897   When looking at the bigger picture and thinking barryl 03/21/13 06:37:41 PM
#5896   more dilution goldbarren58 03/21/13 03:26:25 PM
#5895   Fuego Enterprises, Inc. Completes the acquisition of control barryl 03/21/13 02:18:01 PM
#5894   yeyyyy dividend time goldbarren58 03/20/13 04:14:25 PM
#5893   Homestead Speedway must pay more than $500K for edwk 03/20/13 01:20:21 PM
#5892   LOL hi Hugo goldbarren58 02/07/13 05:58:34 PM
#5891   oops i messed up the symbol nevermind Sportsjunkie 02/07/13 03:31:07 PM
#5890   ok was told to watch tomorrow for a Sportsjunkie 02/07/13 03:15:46 PM
#5889   Continued trial cancellation of Cuban music festival barryl 02/06/13 01:06:06 PM
#5888   Fuego Enterprises, Inc. signs an MOU to acquire goldbarren58 01/31/13 09:48:13 AM
#5887   It likely will. I'll revisit this later TreasureCoasting 01/18/13 12:32:46 AM
#5886   Yes I remember that stock. ASK 01/18/13 12:18:18 AM
#5885   Hi Lorel, do you recall chatting a few TreasureCoasting 01/18/13 12:13:14 AM
#5884   Nice buying action today. ASK 01/17/13 08:59:03 PM
#5883   I'll take it! Can't wait for volume. barryl 01/17/13 07:57:32 PM
#5882   Up 117% today without news. Any thoughts? TreasureCoasting 01/17/13 04:11:07 PM
#5881   Nice drop in the ask.. Hugo Still has strike4 12/21/12 10:52:37 PM
#5880   Nice accumulation!! ASK 12/19/12 02:29:22 PM
#5879   A tad better thank you. $5.00 would put Thinman13 11/21/12 09:26:02 PM
#5878   FEEL BETTER Thinman edwk 11/21/12 03:58:30 PM
#5877   Easing of Restraints in Cuba Renews Debate on smartinvestment 11/20/12 10:21:11 AM
#5876   Somebody tap that 1.00 and make me feel better. Thinman13 11/19/12 03:31:40 PM
#5875   "OnCuba is an opportunity to feed the soul" smartinvestment 11/19/12 02:45:45 PM
#5874   Translated: Havana, Nov 18 (Prensa Latina) Cuban traditional music barryl 11/19/12 07:14:57 AM
PostSubject