U.S Fuel Corp. (fka USFF)

[enthalpy]

Can you post all of their names and backgrounds as your link did not generate the information? This was some new information I have not seen. Thanks!!

I will share with you that I did talk to the CEO early last week and here is what he said.

I was told that there is a shareholder update that will be coming soon with several 8ks to be released simultaneously and that the company is waiting on specific paperwork so everything is bona-fide at the time of release. They do not want to release information without everything being authentic and verifiable. Everything is going good. He did mentioned that to finance a large plant made it extremely difficult to have success as the upfront capital requirements are almost impossible to obtain.
The company is now planning on doing a phased modular CTL design that is smaller in initial capacity with less construction time and capital requirements. This should make it easier to obtain financing and to raise the capital requirements.

I believe that once profits are obtain from the first stage of smaller CTL plant development the company will be able to get financing for the second and third stages of the CTL plant expansion capacity by default because the profits alone should be able to cover the loan payments for each plant expansion.

I keep my fingers cross that this update will occur soon, but given that these updates were supposedly going to happen many weeks ago I do not know what to believe. Harry Baggot was a very sharp and intelligent man who specializes in getting projects up and running. For your information he was the person who helped set up the New Jersey Bond deal for the ethanol plant for NSOL when he was a private shareholder in 2005 which I found interesting.

If you guys criticize me for calling you can do your own pathetic research of guessing what is happening next or why you are afraid to call and therefore you don't! I get sick of most of your do nothing research and constant complaining. Maybe I just should not post anything here more as this board is in general not informative anymore. However some of you post great information!