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Created: 05/25/2005 09:58:33 PM - Followers: 216 - Board type: Free - Posts Today: 0

Fuelstream, Inc. (OTC:FLST)

Fuelstream, Inc.

Listed as a OTC Pink Current Information Stock Company

11650 South State Street, Ste 240
Draper, Utah 84020
(801) 816-2510

Web Site:

Facebook Page:

as of 4-11-2016
Shares Issued and Outstanding 37,797,793

Authorized Shares 2,500,000,00

Fuel Stream secures fuel supplies from various vendors in the aviation and marine fuel markets. The Company offers global 24 hour a day fuel management and logistic service for airlines originating out of South Africa and sub-African continent and other global locations. The Company offers its global fuel service through supply contracts with companies such as ExxonMobil, Shell Oil, BP Oil, ConocoPhillips, Air Total, AVFuel and other globally integrated companies with multiple regional subsidiaries with a reach to thousands of locations. Other supply contracts include single-operator contracts with fixed-based operators, into-plane agents at individual airports, trucking companies and other companies filling in smaller pieces of the supply chain. With these supply contracts in place, Fuel Stream has access to over 2,500 locations worldwide on behalf of its customers.


Kenneth I. Denos, 47 - Chief Executive Officer

In addition to his role as the Company’s CEO and Chairman, Mr. Denos is presently a member of the board, Secretary, and Chief Compliance Officer of Equus Total Return, Inc. (NYSE: EQS), a closed-end fund traded on the New York Stock Exchange. He has served as a member of the Equus Board since July 2008, as its Secretary since June 2010, and as Chief Compliance Officer since July 2011. From August 2007 until June 2009, he was the Chief Executive Officer and President of Equus, and from June 2005 to August 2007, he was the Executive Vice President of Equus. Mr. Denos is presently the Chairman and CEO of the Acadia Group, Inc., an international corporate finance and investment firm, having served in this capacity since March 2009. From August 2009 to December 2014, Mr. Denos also served as the Deputy Chairman of London Pacific & Partners, Inc., a Los Angeles-based advisory and investment firm which specializes in the healthcare, hospitality, and natural resources industries. From May 2007 until October 2009, Mr. Denos served as the Chief Executive Officer of MCC Global N.V., an international corporate finance and advisory conglomerate based in Amsterdam. From February 2012 to January 2015, Mr. Denos served as a director of Start Scientific, Inc., a San Antonio-based oil and gas firm and a filer of reports pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934. In addition to a Bachelor of Science degree in Business Finance and Political Science, he holds a Master of Business Administration and a Juris Doctor from the University of Utah.


Chene C. Gardner - Chief Financial Officer

Chene Gardner. Mr. Gardner, age 50, is the President of Chene C. Gardner & Associates, Inc., a company which provides accounting services and specializes in assisting public entities with their filings with the Securities and Exchange Commission. Mr. Gardner has previously served as the Chief Financial Officer and Principal Executive Officer of the Company. Mr. Gardner also currently serves as Financial Controller of several public companies such as Start Scientific, Inc., Helmer Directional Drilling, Inc. and Uplift Nutrition, Inc. All these companies are filers of reports pursuant to requirements of the Securities Exchange Act of 1934 (the "Exchange Act"). Mr. Gardner also assists several non-public companies with their accounting functions. Mr. Gardner has five years of auditing and accounting experience with the firm of Deloitte & Touche LLP from June 1990 to August, 1995, serving clients in the banking, manufacturing, and retail industries. Mr. Gardner holds Bachelor and Master of Accounting degrees from Weber State University.


Kevin Blanco - V.P. of Sales Worldwide

Kevin Blanco graduated George T. Baker aviation school in the late eighties and received his aviation mechanics license from the FAA. Kevin has always dreamed of working on airplanes and with his first job at a flight school in Miami he was able to not only work on airplanes but he also learned to fly. Kevin has over 25 years of experience in aviation and over 17 years of running a successful business.


Arthur Steyn - Africa, Europe and Middle East Representative

Arthur Steyn is the Company's Head of Sales & Business Development in Africa and the Middle East. He has over 15 years experience in the aviation industry in various fields ranging from Flight Operations, Safety & Quality Assurance. Arthur started his career with the South African national carrier South African Airways (SAA) not long after school where he was employed to work in their scheduling department. His talent and willingness to learn was quickly recognised by the Flight Operations department who offered him a position in Operations. After 6 Years at SAA rising through the ranks from Junior to Senior Operations Controller, Arthur decided that it was time to take his career on a new path so he then went to work for one of the first 100% Black Owned Airlines 'Interlink Airlines', where he was directly involved in a variety of different tasks including Deportation Flights, VIP Flights, VVIP Flights, BIG 5 (President & Ministers), Scheduled Flights, Charter Flights and Pilgrimage flights (Hajj & Umrah). After 4 years with Interlink Airlines he was offered a job at Lanseria Airport to work for one of their biggest operators at that time, Allegiance Air who were doing contract work in Africa & Middle East. Not long after that he was head hunted again by Global Aviation in 2011 to run their Station in Dubai. He also spent time in India, Sri Lanka, Afghanistan, Dubai, Ivory Coast, Congo, Senegal as a Station Manager. Arthur went on to become the Operations Manager for Global Aviation. He is now pursuing his passion for the transport industry with Fuelstream.

Left to right:

Arthur Steyn: VP Sales Africa, Europe and Middle East, Fuelstream.

Wade Mitchel: Managing Director, Fuelstream.

Kenneth Denos: CEO, Fuelstream.

Mohamed Hamed: CEO Spot Group.

Roland Taylor: Managing Director, Spot Reisen GMBH.

Ahmed Elhawary: Managing Director, Spot Reisen UAE.

Sadiqali Bohjani: Chairman SMB, Financial & Legal consultancy.

Strategic Partners

In 2015, Fuelstream obtained a $2M revolving line of credit from NuVenture Group, LLC for fuel purchases, and has the ability to expand the line of credit. Access to credit has and will result in more favorable pricing and, consequently, improved margins. Additional credit lines in excess of $10M are also being developed as the Company's sales increase. Access to a stable credit provider will enable Fuelstream to service progressively larger accounts and obtain larger discounts from fuel producers.


Wade M. Mitchell - CEO of NuVenture Group, LLC

Wade M. Mitchell, age 51. in addition to Mr. Mitchell's role as Chief Executive Officer/Manager of NuVenture, Mr. Mitchell, age 51, is presently the managing partner of Western Financial Consulting Services LLC and its wholly owned subsidiary Leland Capital LLC, a commercial mortgage broker. Mr. Mitchell also serves as Chairman CEO and Manager of NuVenture Group, an international advisory and investment group of companies specializing in small startup and mid-level companies in the US and South America. He also invests in numerous other business ventures. Since 1996 he has been the Chairman CEO and Manager of TAZ Group LLC, managing various real-estate investment including a portfolio of senior housing projects (sold in 2014). From 2008 to 2011, Mr. Mitchell was a member of the Loan Committee of Western Capital LLC, a US-based commercial mortgage broker. From 1992-2000 Mr. Mitchell served as a director or principal for several small-cap public companies on the, OTC Bulletin Board Stock Exchange, and has worked closely with many public and private emerging growth companies throughout the world. In addition to a Bachelor of Science degree in Business Finance, Accounting and Economics, he holds a Master of Business Administration from Brigham Young University.


On December 16, 2015, Spot Reisen GMBH & Fuelstream, Inc. announced the signing of their strategic partnership which was materialized in the new Joint Venture Company SAFS-AVIA DWC headquartered in Dubai. The alliance will allow SAFS-AVIA DWC to offer increased aviation capabilities in regions of operation worldwide. SAFS is expected to kick off in February 2016 with a combined bundle of services of the two parent companies that would deliver to the global aviation market a wide range of aviation related deliverables starting with flight permits, flight support, and commercial aircraft chartering for passengers, VIP jets & cargo, up to strategic aviation fuel supply.


Mohamed Hamed: CEO Spot Group

Roland Taylor: Managing Director, Spot Reisen GMBH

Ahmed Elhawary: Managing Director, Spot Reisen UAE


IR Contact

David Kugelman
Phone: (404) 856-9157

























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Post Subject
#26916 You mean scam! Ha I went to there Ace Trader 07/14/2021 09:24:47 PM
#26915 Is this company still in business? LUCKYSUE 03/24/2021 01:44:47 PM
#26914 Reuters put out a report on FLST dated Yukoncole 02/04/2021 11:07:19 AM
#26913 Well I for one have no record of MRDALE 02/02/2021 07:44:10 PM
#26912 Trading thin but not much volume yet jchords 02/02/2021 03:50:37 PM
#26911 From Ace Trader's default signature: JLS 09/22/2020 10:51:09 AM
#26910 I’ve traded this on and off for the Ace Trader 08/15/2020 11:36:56 PM
#26909 Company is also all but dead though it Yukoncole 06/03/2020 10:51:29 AM
#26908 FLST~ Lowest float in da OTC????? 714 06/03/2020 09:10:21 AM
#26907 I don’t think there are many still here :( Yukoncole 06/03/2020 09:04:26 AM
#26906 Hello... anybody there? ComptonBrosInc 06/02/2020 06:06:44 PM
#26905 I haven't flipped this thing since 2012 2013, Ace Trader 01/17/2020 10:55:53 PM
#26904 FLST —-> Airbus > Boeing it’s really a ComptonBrosInc 10/25/2019 11:14:03 AM
#26903 Well I generated 800k in volume on Tuesday.... ComptonBrosInc 10/24/2019 06:01:07 PM
#26902 Yea where are the Cheerleaders like ComptonBroInc ??????? Yukoncole 10/23/2019 07:24:22 PM
#26901 What is with no action on this board BUNDO 10/22/2019 11:01:20 AM
#26900 Needs juicy news from company Maple tree 08/23/2019 06:25:48 PM
#26899 2 more days of this volume and we’ll ComptonBrosInc 08/22/2019 03:27:37 PM
#26898 Oh yea, she is on Fire this week!! Yukoncole 08/21/2019 11:48:40 AM
#26897 I’m right here, break out this week. ComptonBrosInc 08/18/2019 05:24:26 PM
#26896 Where did the cheer squad go with the Yukoncole 07/25/2019 02:40:22 PM
#26895 Yeah, well thinking is one thing.......Evidence is another....... Zardiw 07/19/2019 09:51:08 AM
#26894 Some bullish investors think otherwise. dazetrader 07/18/2019 10:06:57 AM
#26891 FLST HAS to be the ULTIMATE POS.......What a Zardiw 07/16/2019 10:56:38 AM
#26890 Got her chained up in the basement.... Zardiw 07/15/2019 10:17:12 AM
#26889 Someone keeps putting up walls. People can't even TheStockYogi 07/10/2019 09:54:39 AM
#26888 Ready to rock n roll 004’s and blast sanderburwil 07/10/2019 09:36:26 AM
#26887 Let’s break that 36 and move north boys sanderburwil 07/09/2019 11:24:06 AM
#26886 For sure- how many left at 0036? sanderburwil 07/09/2019 10:25:21 AM
#26885 After 0036 start next breakout. Next big boarding l2 hunter 07/09/2019 10:24:47 AM
#26884 Nice buys hitting the ask. sanderburwil 07/09/2019 10:06:57 AM
#26883 Let’s go sanderburwil 07/09/2019 09:26:12 AM
#26882 A am with you. FLST excellent 15/12G R/M l2 hunter 07/08/2019 01:03:56 PM
#26881 1PR away from 03-.05++ sanderburwil 07/08/2019 12:20:58 PM
#26880 Looking good :) sanderburwil 07/08/2019 12:18:13 PM
#26879 I see we are catching a bid today ... Welsh_Dragon 07/08/2019 10:38:47 AM
#26878 No sellers yet no buyers zzzzz something has sanderburwil 07/05/2019 10:34:21 AM
#26877 Agree sanderburwil 07/03/2019 11:41:10 AM
#26876 ?? sanderburwil 07/03/2019 11:40:42 AM
#26875 Looks good. 0025/004 the new bottom here. Wait l2 hunter 07/03/2019 11:40:16 AM
#26874 L2 what’s are your thoughts. Seems like someone accumulating sanderburwil 07/03/2019 10:53:16 AM
#26873 Time is nearing and news will break and sanderburwil 07/03/2019 09:50:33 AM
#26872 Like a coiled spring ready to spike up Love sanderburwil 07/02/2019 11:16:39 AM
#26871 And followed up with 120k to all but Welsh_Dragon 07/02/2019 11:08:10 AM
#26870 500k buy 25 sanderburwil 07/02/2019 10:57:54 AM
#26869 How’s this trading pre market? sanderburwil 07/01/2019 08:55:12 AM
#26868 I have to agree. I got in this alewis520 06/28/2019 03:08:14 PM
#26867 Same was said with SOLI when was 000’s sanderburwil 06/28/2019 12:42:02 PM
#26866 Total scam garbage! One trade. No liquidity for bagholders. crudeoil24 06/28/2019 12:40:40 PM
#26865 I have been holding a bag for a Yukoncole 06/28/2019 11:40:54 AM
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