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Re: MASTERTRADER post# 21482

Tuesday, 09/30/2014 1:54:09 PM

Tuesday, September 30, 2014 1:54:09 PM

Post# of 26916
FLST was on its way to multi $MILLION$ Company

However early 2013, US Dept of Justice served indictments against FLST wholly owned subsidiary , AFI

Sean E. Wagner, the former owner and operator of Aviation Fuel International Inc. (AFI), was sentenced in the U.S. District Court for the Southern District of Florida in West Palm Beach to serve 50 months in prison and to pay $202,856 in restitution. On Aug. 13, 2013, a grand jury returned an indictment against Wagner and AFI, charging them for their roles in a conspiracy to defraud Ryan. On March 6, 2014, Wagner pleaded guilty to one count of conspiracy to commit honest services wire fraud. According to court documents, from at least as early as December 2005 through at least August 2009, Wagner and others at AFI made kickback payments to Wayne Kepple, a former vice president of ground operations for Ryan, totaling more than $200,000 in the form of checks, wire transfers, cash and gift cards in exchange for awarding business to AFI. The charges against AFI were dismissed on Feb. 21, 2014.

REFERENCE: http://www.justice.gov/opa/pr/2014/May/14-at-525.html

FLST FINALLY IN THE CLEAR ONCE THE DIRT GOT FILTERED OUT

but there was some other dirt too!!! Russ Adler was dismissed as CEO.!!!! GOTA GET THE DIRT OUT!!!!!
REFERENCE: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8859770


what a corrupt person: I've never seen such a DIRTY LIST OF INCENTIVES:
REFERENCE: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8821430#FLST10_1_HTM

plus
There were some questionable 8k's throughout 2012
and between questionable business conduct and taking on questionable toxic debt


FLST HAS BEEN THROUGH THE RINGER

-it was impossible for FuelStream to receive lines of credit to sell fuel during the interim of the case against AFI, which lasted almost A YEAR

not only that, but after some insider sales from Wagner
REFERENCE:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9407749
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9407769
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9274771
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9249789


followed by the Indictment , THE INVESTORS RAN AND NEVER LOOKED BACK. .

BETWEEN INSIDER SALES , US DEPT of JUSTICE INDICTMENTS; AND THE INABILITY TO RECEIVE LINES OF CREDIT FOR FUEL , WHO WOULD INVEST????

-if you take a look at the SALES prior to the charges, you will see that FLST made $1,054,826 in Net Sales IN 2012.

2013 WAS UGLY FOR REASONS BEYOND THE CONTROL OF THE HARD WORKING INDIVIDUALS TRULY TRYING TO MAKE THE COMPANY SUCCESSFUL

NOW FLST CAN MOVE FORWARD AND THEY ARE PROVING IT
Fuel Stream receives line of credit for $250,000
REFERENCE: http://www.thefuelstream.com/fuelstream-inc-is-proud-to-announce-key-funding-for-its-fueling-business/

AND WITH THAT FUNDING THEY CREATED 400%+ IN SALES

Q2 SHOWS $210,174 IN NET SALES , up from $47,414 in Q1

AND THE LINE OF CREDIT WAS INCREASED

Q2 REVENUES DID NOT START RAMPING UP UNTIL MAY, WHEN THE CUSTOMER FUEL PORTAL WAS LAUNCHED IN MAY
"The increased credit line, coupled with the proprietary website developed to allow clients to access fuel pricing and other information on a real-time basis, are resulting in increased fueling operations."
http://www.marketwired.com/press-release/fuelstream-corporation-announces-its-first-2014-revenue-otcqb-flst-1906716.htm

WITH CURRENT THE CURRENT LINE OF CREDIT, WHICH WAS INCREASED

AND WITH BUSINESS WITH THE SOUTH AFRICAN GOVERNMENT CONTINUING TO EXPAND;

Kevin Blanco, Vice President of Sales, added "Providing both fuel uplifts and logistical services to a flight carrying Bafana Bafana certainly puts Fuelstream in the spotlight. This is a tremendous opportunity for Fuelstream to showcase our capabilities and we expect our contract with the South African Government will continue to be a growing part of our business."
http://www.marketwired.com/press-release/fuelstream-provides-fuel-uplift-logistical-services-south-african-soccer-team-pinksheets-flst-1944606.htm
Q3 AND Q4 AND BEYOND WILL CONTINUE TO SHOW INCREASED REVENUES.

]All my iHub posts are just my opinion. It is not a recommendation to buy or sell a stock. Due to possible human error, I can not guarantee the accuracy of the posted information. As always do your own Due Diligence before investing.