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FuelStream, Inc. (FLST)

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Last Post: 3/9/2017 2:57:44 PM - Followers: 240 - 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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Current Price
Bid Ask Day's Range
FLST News: Amended Statement of Ownership (sc 13g/a) 03/09/2017 01:52:13 PM
FLST News: Amended Statement of Ownership (sc 13g/a) 01/09/2017 04:45:45 PM
#26652   MM has more shares, so why would peeps Coppermine 03/09/17 02:57:44 PM
#26651   Must be super low float if 4 million =11% 714 03/09/17 02:54:55 PM
#26650   now knight capital just got more... something must Mistr Tommy 03/09/17 02:48:13 PM
#26649   Waiting for 1z&2zzz 714 03/02/17 10:28:05 AM
#26648   Hmmmm.... FLST Liquid1974 02/28/17 06:01:36 PM
#26647   KCG Americas LLC, f/k/a KNIGHT CAPITAL AMERICAS, LLC, Alyssa 02/03/17 10:10:59 AM
#26646   I'm showing institutional ownership here of 8.29%, what Top Penny 01/13/17 07:53:26 AM
#26645   Knight Trading a mere elgundy 01/10/17 04:34:41 PM
#26644   So an $.08 cent trade (200 shares) sent Alyssa 12/30/16 10:47:27 AM
#26643   Looks gonna move up now mandrake1 12/10/16 01:31:49 PM
#26642   This will move fast newlonginvest 11/23/16 08:00:14 PM
#26641   Thin as a dime. Have a feeling Alyssa 11/23/16 11:20:59 AM
#26640   Don't think I've seen anything this thin in Hereitfirst 11/22/16 03:48:14 PM
#26639   NOPE, YOU HAVE ENTERED THE FLST BONEYARD.. QUITE PLEASE!!!! Denmarkxx1 11/11/16 01:37:27 PM
#26638   Is anyone there ? newlonginvest 11/07/16 04:13:20 PM
#26637   Why did you do that? If anyone is Ace Trader 11/01/16 04:44:52 PM
#26636   Not anymore and oh have you noticed no Denmarkxx1 10/02/16 09:59:18 PM
#26635   Low float! Thank you litar 09/30/16 10:29:42 AM
#26634   Should be around 35 million I guess !! newlonginvest 09/29/16 07:18:07 PM
#26633   Someome know the float here? litar 09/27/16 11:29:07 AM
#26632   Something is up here ? newlonginvest 09/10/16 11:55:20 AM
#26631   They have claimed that many times over the years.. Denmarkxx1 08/31/16 03:15:48 PM
#26630   Don't feel bad, I have made my share Denmarkxx1 08/31/16 03:14:45 PM
#26629   Actually the Bid is starting to rise... hmmmmmm.. linkvest 08/31/16 03:13:10 PM
#26628   If in deed that is done and issued linkvest 08/31/16 03:04:57 PM
#26627   I have talk to the office person but linkvest 08/31/16 03:03:49 PM
#26626   Embarrassed to say I bought into this POS viper666 08/31/16 02:17:39 PM
#26625   NOT LOL ): Denmarkxx1 08/21/16 09:16:40 PM
#26624   I think you're probably right Rainer 08/19/16 03:07:49 PM
#26623   FLST going to bounce here. Bids building! The Dutchess 08/19/16 11:57:53 AM
#26622   Yeah, FLST was shopping for space over Denmarkxx1 08/14/16 08:49:53 PM
#26621   Any news update in this yet ? mandrake1 08/12/16 09:01:17 AM
#26620   LMAO... it came back as well as non deliverable... linkvest 08/04/16 10:23:58 PM
#26619   Sent it again to his scamming law office email: linkvest 08/04/16 08:43:41 AM
#26618   Should have asked Demos if his father in Denmarkxx1 08/03/16 10:57:52 PM
#26617   Should have asked Denos if his father in Denmarkxx1 08/03/16 10:57:52 PM
#26616   Of course it came back as undeliverable LMAO... linkvest 08/03/16 11:20:36 AM
#26615   Just sent this email to denos today: linkvest 08/03/16 09:06:26 AM
#26614   Any hope here ? mandrake1 07/23/16 11:44:15 AM
#26613   Some volume today. FLST waking up? linkvest 07/21/16 03:31:03 PM
#26612   Someone just sold their 12 cents worth of linkvest 07/20/16 03:00:13 PM
#26611   Big float here? litar 07/13/16 11:49:51 AM
#26610   Just explain it ... no need for the linkvest 07/12/16 01:59:34 PM
#26609   This is a Fort Lauderdale scam! Blow out Ace Trader 07/12/16 12:10:00 PM
#26608   Tried to tell all. His father in law Denmarkxx1 07/11/16 09:55:26 PM
#26607   Been over two years since the last Face linkvest 07/11/16 11:15:50 AM
#26606   Here one of his many Scams he is linkvest 07/11/16 10:48:16 AM
#26605   FLST hasn't filed anything since last year..... what linkvest 07/11/16 10:46:14 AM
#26604   Denos is nothing more than a scam artist. linkvest 07/11/16 10:44:27 AM
#26603   Trending higher ! mandrake1 07/09/16 12:33:59 PM