Xfuels Inc (XFLS)

[Clean]

Well I was just looking up a link to a "merge" and found something i hadn't read yet. Learn something new everyday.

"In July, 2019, Keen merged with Ecovent. Ecovent had similar technology but aimed its sales focus to the construction and HVAC industries."

https://www.sharktankblog.com/business/keen-home/

I guess I had it backwards. KEEN merged into Ecovent? I dunno, tax paper work has my brain just about maxed out for the day...

[MU_Redskin1]

Fair points and good post.

I got the EcoVents information from Andreas Roussos LinkdIn page and the company web site so I don't know about any deal with KEEN Home? I can do DD on that tonight.

GLTA XFLS!

Cheers, Red

[Clean]

At this point. I don't mind waiting.

Right before the engineered SVB bank run, the market was like watching paint dry. There were multiple liquidity warnings such as the Volmagedon 2. I have no problem with Andreas getting the ducks in a row, but any attempt at value creation will probably not materialize.

Just think about if for a minute...

They sucked much of the money out of the economy. Then the market bounced from 500+ billion dollars being injected back into the economy (which supposedly ends April 30th). Now that the wealthy have been backstopped from any real risk, we enter the wealth accumulation phase. This is where wealthy individuals, corporations, and/or institutions participate in predatory market practices to steal value from distressed companies for pennies on the dollar... This is NOT favorable to OTC companies.

They're trying to line this phase up perfectly with the beginning of the election cycle... This way, we are all too distracted by some political BS to notice... This is all typical market cyclicality considering there's no flash crash.

Sorry if this post seems cynical, but its just the way the aristocratic cookie crumbles... It is what it is.

Andreas may be better off waiting for rate cuts to happen before any attempt at value creation.

Someone, correct me if I'm wrong, but isn't EcoVents owned by KEEN home now?

[M_agnat/eria57]

I keep buying, I'll probably keep buying until I get to zero.
but I don't want to believe that XFLS would end like this. I currently have 1,300,000 average units. .00396 and wait either until zero or to earn. the general point is, it's a tragedy, and the audacity and the way scammers bring everything down deserves something I can't define here!!!!!!!!!!

[MU_Redskin1]

Contact XFLS CEO need update [e-mail] !

CEO is Andreas Roussos, let him know that shareholders deserve an update! He has been CEO since 02/22/2023! what is going on up there!

https://www.otcmarkets.com/stock/XFLS/news/Xfuels-announces-Shareholder-update-on-February-Board-Meeting?id=392495

Xfuels announces Shareholder update on February Board Meeting.
Press Release | 03/07/2023
Carson City, Nevada -- Xfuels Inc. (OTC PINK: XFLS) Mr. Charles Iggulden reports on February 22th, 2023, Xfuels Inc. board meeting.

The board discussed the settlement agreement with the ASC and as a result of the settlement agreement with the ASC, Mr. Michael McLaren CEO and Director tendered his resignation to the board and Mr. Charles Iggulden accepted Mr. McLarens resignation.

Mr. Iggulden then motioned that Mr. Andreas Roussos be appointed as CEO and Director and the motion was accepted.

Xfuels looks forward to the new leadership and direction under Mr. Andreas Roussos.

About Mr. Andreas Roussos

Andreas has over 30 years of corporate management, business development experience. He has an extensive international cross sector business network and sufficient knowledge of the capital markets. He is very experienced in early stage, planning, implementation, operations and roll outs.

Andreas is well disciplined & mission accomplished oriented. He is a team player with exceptional organization and leadership skills. His experience in upper management and extensive target industry knowledge will greatly support the Xfuels drive forward.

Andreas past accomplishments include the elevation of 2 small regional businesses to national status.

About Xfuels Inc.

Xfuels Inc. (OTC Pink: XFLS) is a diversified & licensed energy company based in the state of Nevada.

GLTA XFLS!

Cheers, Red

[helpus]

TRY TO STAY POSITIVE this might turn out good but im going to see were it takes us good luck

[MU_Redskin1]

Well the fact that Andreas Roussos bought 500K at $.0551 is somewhat comforting as that was a $27,550.00 investment in the company 07/10/2020. Now he is the CEO and I bet he is the controlling shareholder too as he probably got/purchaed the 1 share of Class A preferred and 120,000 preferred shares of Class B from MIke unless they were cancelled?

We won't know until we get filings or an update. I'm down ALOT too but I'm hoping Andreas wants to create value and make some cash off his shares too.

Hoping for the best!

GLTA XFLS!

Cheers, Red

[staynafloat]

I'm totally confused too. Just saw this this morning and posted it here.

Just hoping something good happens here cause I'm sure most are like me ... very red.

Definitely hasn't been one of my better plays ... SMH

[MU_Redskin1]

I'm staying put too but I think Roussos rolls his baby EcoVentz into XFLS then does a name and CUSIP change.

Ready for prime time? https://www.ecoventz.com/#theteam

We shall see but I'm in and may buy a few more if we get a stupid dip! Did you email Andreas to see if he would reply? Angers me he didn't reply with a generic message. Watching for friends and family to begin buying.

Cheers, Red

[helpus]

im staying put i really think that XFLS will merge with PWWR.NE OCTQB:ALKFF
Bullish

[MU_Redskin1]

Outstanding AMIH presentation! Where's Andreas Roussos and XFLS!?!!!

I sent an email to Andreas Roussos asking him to make a statement that XFLS is moving ahead and that things are progressing behind the scenes. I didn't ask for details or specifics just put something out to the effect " I am happy to be able to lead XFLS in the next phase of it's corporate life. We are working to lift the CTO in Canada, produce and file the necessary financial documents to return to Pink Current on the OTC markets. Details of our new business plans will be released in the X quarter once we have the paperwork and documents in order. We ask shareholders to be patient while we work through this process."

Andreas Roussos email that he posted on twitter: [e-mail]

Looks like he was looking for funding on his Linkd in feed as well so it makes sense he would roll that company into XFLS to get access to capital in the public markets.

DD LinkdIn and EcoVent links between Andreas Roussos and Frank Carnevale... possible company acquisition?

https://www.linkedin.com/in/andreas-roussos-855718143/recent-activity/comments/

Most relevant
See profile for Andreas Roussos
Andreas Roussos
out of network3rd+
...a Breath of Fresh Air... Sustainable - Superior - Responsible
1y
Hello Everyone-Andreas Roussos-Founder 7 CEO of Ontario based Ecoventz, Inc. All about clean fresh air. Planet Earth needs us now more than ever. Need start up capital to get our show on the road. Proven product line big time. Get in touch to help me ECOmplish my mission.
Andreas Roussos
out of network3rd+
...a Breath of Fresh Air... Sustainable - Superior - Responsible
1y
you can reach me at [e-mail]

Has anybody else reached out to him for a comment?

GLTA XFLS!

Cheers, Red

[staynafloat]

Cycle Energy Corp. is pleased to provide its 2023 Investor Brief

https://twitter.com/CycleNRG/status/1646133751871668226

[Clean]

LMAO... So they want us to believe some paid $6.95 in commisions to sell .66 cents worth... yyyeaaaa... Market makers got jokes...

[helpus]

im in till its over

[Clean]

Looks like they're tryin hard to push this into trips. Every position here is underwater. Makes no sense to sell it now.

[helpus]

That's why I haven't left and still accumulated good luck

[Clean]

Well As we await a filing here..

AMIH just got the OS increase we all knew was coming.
https://www.otcmarkets.com/filing/html?id=16551623&guid=e7m-knRCUJlDV3h

It's a premature thought, but if Mike took the convertible debt from XFLS with him to AMIH and the OS was updated this week to reflect the deletion of Mike's shares... Can we assume that the current Share Structure is here to stay? As our CEO lives in Canada and I see nothing to state the CTO has been removed. So the only liability we have is the loan from Mike. Considering XFLS sold its interest in Cycle Energy to Marble Trital, would this not satisfy much of the debt we owe to Mike?

"Mr. McLaren then presented to the board a demand letter for his outstanding secured loan of $1,674,096.07 plus daily default interest."
https://www.otcmarkets.com/stock/XFLS/news/Xfuels-announces-Shareholder-update-on-February-Board-Meeting?id=392495

"Xfuels Inc. (OTC PINK: XFLS) is pleased to report that it has sold its interest in Cycle Oil & Gas Ltd.(Alberta) for the sum of One Million Five hundred thousand ($C1,500,000) dollars."
https://www.otcmarkets.com/stock/XFLS/news/Xfuels-sells-interest-in-Cycle-Oil--Gas-Ltd?id=384286

So if these mostly cancel each other out... Are we not a clean 'nearly' debt free shell?
This looks much better to me than the Mammoth and Union Dumpster fire that took itself over to AMIH.

Cycle may have revenue, but stripper wells don't produce forever... And the only people I've known to make millions on stripper wells, actually did the work themselves. I don't see Mike gettin his hands dirty... So, the profitability will always get dragged down by the "overhead" that is Mike... To be honest I think XFLS got the better deal here.

Its all speculation until filings hit... But, I have always liked clean shells. I wonder what Roussous has planned.

[TheGuy87]

32m

[Radar02]

how many shares are we talking about?

[MU_Redskin1]

No new filings with SilverFlume yet!

https://esos.nv.gov/EntitySearch/BusinessInformation

GLTA XFLS!

Cheers, Red

[MU_Redskin1]

Adjustment has been made on OTC Markets. Looks complete?

Market cap is only $840,633! We may have a little room to run!

https://www.otcmarkets.com/stock/XFLS/security

GLTA XFLS!

Cheers, Red

[TheGuy87]

Share reduction hit the scanners

[helpus]

i think XFLS will merg with AKLFF OR PWWR BOTH THE SAME

[helpus]

i would be pissed off to Roussos bought 500K 7/10/2020 at .0551 per the filings, so he knows WTF is going on here! i think he can straiten this ship up

[MU_Redskin1]

My calculations say that Mike and his family had 36,245,000 common shares that should be cancelled and his 120,000 Class B preferred and the controlling 1 share of Class A preferred.

We shall see.

Roussos bought 500K 7/10/2020 at .0551 per the filings, so he knows WTF is going on here!

GLTA XFLS!

Cheers, Red

[helpus]

Still here and waiting can't get any worse and I'm fascinated about where this is going what have we got to loose or gain

[Clean]

The ASC filing state that him and his family will have to "cancel" the shares they own. The only other time I have seen this happen the shares just get removed by the transfer agent under the guidance of the regulatory body. This is how I have seen it happen with other OTC within the US. I would think that Canada would do things in a similar matter.

The question you should be asking is "if" they even had shares to begin with as of the date of this filing. Also, even though Mike took the Mammoth and Union Financial debt with him, that doesn't take into consideration the shares these companies already own.

Either way we should be happy that the debt goes with him, as I had the SS ballooning to around 1.2 billion considering they still get the 50% discount.

However, none of this matters until we get a filing. It is all speculation until Andreas reports a filing. For all we know even more shares could have been issued to Mammoth and Union before Mike's departure.

This is the OTC, none of this is uncommon. It is always a mess. It's by design.

I will wait to see what Andreas brings. If it goes gray it goes gray. I have made the most money from grays. High risk high reward. I was down 20grand here before it went up and made six figures. It's just how the otc works. I usually miss out massively because I sell too early, this time I didn't sell enough. It is what it is.

[Farmboynate]

all mike's shares and his families have to be given back to the treasury I guess then canceled

[Radar02]

How do they retire shares?

[Farmboynate]

more likely MM's trying to walk the price down to nothing and kill the company like they do with most OTCM companies that have low volume... add in the waiting for new ceo to take over and get back P/C doesn't help anything until its back there and we know wtf is going on here
but the OS hasn't changed in months and mike and his family have to retire their shares...

Outstanding Shares
527,235,222
03/30/2023
Restricted
124,947,000
03/30/2023
Unrestricted
402,288,222
03/30/2023
Held at DTC
354,905,410
03/30/2023

[Radar02]

Looks to me as more dilution.

[gdog]

$AMIH Completes Acquisition of Cycle Energy Corp. of Electra, TX

Cycle Energy Corp. is a diversified energy company based in the state of Texas and currently operates three vertically integrated businesses

Cycle Oil and Gas, Cycle Energy Services, and https://globenewswire.com/news-release/2023/03/27/2634803/0/en/American-International-Holdings-Corp-Completes-Acquisition-of-Cycle-Energy-Corp-of-Electra-Texas.html…
globenewswire.com
American International Holdings Corp. Completes Acquisition of Cycle Energy Corp. of Electra, Texas.
Michael McLaren appointed Director and Chief Executive Officer; James Pendergast appointed Chief Financial Officer Electra, Texas, March 27, 2023 ...

[MU_Redskin1]

U DA' MAN!

I'll get to the bottom of this and report back to the board.

Let's see what Andreas has to say about the transition!

GLTA XFLS!

Cheers, Red

[TheGuy87]

I hope so

[TheGuy87]

Agreed, let’s hope it works out for all of us

[MU_Redskin1]

Funny thing about this whole situation is the new CEO, Andreas Roussos, either was gifted shares or bought 500K shares from Mike 0n 07/10/2020, as this is noted in the Financials.

https://www.otcmarkets.com/otcapi/company/financial-report/332085/content

This plan could have been in the works for a few years???!!! Who knows.

I guess XFLS is out of the Oil business now!? Maybe hydrogen or other who knows but Andreas has much to do to hire folks, organize the company, get the fins fixed, file with NVSOS and get us back to PC

Take care Champ!

Red

[TheGuy87]

hopefully youre onto something

[TheGuy87]

will be good for new CEO to get this ticker back on the right track

[Farmboynate]

at worst I see a double once pinkcurrent again wouldn't take much to get over .01 again just wish I had $ to add...

[MU_Redskin1]

Here is another company that could be bundled in with the others.

Andreas Roussos commented on this

Frank Carnevale
Frank CarnevaleFrank Carnevale
• 3rd+• 3rd+
CEO of (NEO:$PWWR OTCQB:$ALKFF FSE:$77R), Delivering #PWWRtothePeople #hydrogen #energytransition | Opinions are my ownCEO of (NEO:$PWWR OTCQB:$ALKFF FSE:$77R), Delivering #PWWRtothePeople #hydrogen #energytransition | Opinions are my own
1yr • 1 year ago

Follow
This is a great opportunity to develop and fund alternative energy systems behind the meter. There are great opportunities to work work with regulated and unregulated utilities and other property developers to build out very cost effective, low or no carbon systems. Here's our vision on what Universal PropTech Inc. is doing. Have a read! Thanks
SMS Engineering Sustainable Tech Inc
…see more
Universal PropTech Inc.
Universal PropTech Inc.Universal PropTech Inc.
1,053 followers1,053 followers
1yr • 1 year ago

Follow
Read more about how $UPI.V $UPIPF is... "Unleashing The Value From Energy" - Universal PropTech #communityenergy #newenergyparadigm #customercentric

Unleashing The Value From Energy - Universal PropTech
universalproptech.com • 5 min read

We are in good hands these guys are businessmen and they will create a great company to make everyone wealthy.

Time will tell ... I may start adding more shares here and there! The other outlier is the Blue/Green hydrogen technology I think XFLS retained. That would make sense to add to the Alkaline Fuel Cell Power/ PWWR portfolio.

GLTA XFLS!

Cheers, Red

[Farmboynate]

https://www.ecoventz.com/#theteam this is prob the new team for Xfls just noticed that Frank Carnevale is also with Cad company PWWR hope it all gets rolled in to XFLS


Looks like Frank works at the same company ECOventz with new CEo so maybe it gets rolled in to XFLS ...

[Farmboynate]

I hope its to take Alkaline Fuel Cell Power Corp PWWR to the Us exchanges its on the CAD exchange but not the US Andreas sure comments a lot on it
https://www.zoominfo.com/c/alkaline-fuel-cell-power-corp/562587299

[MU_Redskin1]

DD LinkdIn and EcoVent links between Andreas Roussos and Frank Carnevale... possible company acquisition?

https://www.linkedin.com/in/andreas-roussos-855718143/recent-activity/comments/

Most relevant
See profile for Andreas Roussos
Andreas Roussos
out of network3rd+
...a Breath of Fresh Air... Sustainable - Superior - Responsible
1y
Hello Everyone-Andreas Roussos-Founder 7 CEO of Ontario based Ecoventz, Inc. All about clean fresh air. Planet Earth needs us now more than ever. Need start up capital to get our show on the road. Proven product line big time. Get in touch to help me ECOmplish my mission.

Andreas Roussos
out of network3rd+
...a Breath of Fresh Air... Sustainable - Superior - Responsible
1y
you can reach me at [e-mail]

Current selected sort order is Most relevant
Most relevant
See profile for Andreas Roussos
Andreas Roussos
out of network3rd+
...a Breath of Fresh Air... Sustainable - Superior - Responsible
9mo
Ecoventz is here to Help. Feel free to get in touch!!

https://www.ecoventz.com/
Under 'The Team' link Andreas Roussos is the CEO and Frank Carnevale is an advisory board member.

GLTA XFLS!

Cheers, Red

[helpus]

you have to go to link ed and see his conversation on it

[MU_Redskin1]

Good that the CEO responded!

01bc
Mar 16, 2023 5:18 PM
$XFLS I emailed the CEO on Monday and got a response on Wednesday (screenshot attached). Great response time. I asked some specific questions which his response stayed away from (also exactly what you want to see from a CEO). He didn’t pump me or reveal any insider info. Impressed so far. Already seems like an upgrade over Mike. Looks like we might have a seasoned CEO running things now.
Bullish

Essentially the CEO said "Shareholder updates soon"!

GLTA XFLS!

Cheers, Red

[MU_Redskin1]

Do you have a link to illustrate their interactions? I found the following information but nothing on their communications. TIA

https://newsdirect.com/news/xfuels-announces-shareholder-update-on-february-board-meeting-897262570

About Mr. Andreas Roussos

Andreas has over 30 years of corporate management, business development experience. He has an extensive international cross sector business network and sufficient knowledge of the capital markets. He is very experienced in early stage, planning, implementation, operations and roll outs.

Andreas is well disciplined & mission accomplished oriented. He is a team player with exceptional organization and leadership skills. His experience in upper management and extensive target industry knowledge will greatly support the Xfuels drive forward.

Andreas past accomplishments include the elevation of 2 small regional businesses to national status.

About Xfuels Inc.

Xfuels Inc. (OTC: XFLS) is a diversified & licensed energy company based in the state of Nevada.

I found this twitter account for Frank Carnevale but don’t see any Andreas Roussos comments?

https://twitter.com/fcarnevale?lang=en

https://www.instagram.com/frank_carnevale/?hl=en

Frank’s a BIG HITTER!

https://energycentral.com/member/profile/frank-carnevale/about

Can’t find much about Mr. Roussos!

[helpus]

$XFLS what does this person Frank Carnevale

CEO of (NEO:$PWWR OTCQB:$ALKFF FSE:$77R), Delivering #PWWRtothePeople #hydrogen and Andreas Roussos have in common they sure talk a lot amongst them self.
Bullish

[Farmboynate]

someone on stocktwits posted a reply they got from him from Linkden
but not sure on email address or phone for charles or the new guy,...
I think once we start seeing the shares vanish from the OS will know things are going forward as well as the Nevada SOS updated... but reading the last PR I'd guess Mike took the leases with him in TX so we're a debt free low OS Shell? or whatever the New guy is bringing to the Table...
Is suspect that the Leases and stuff in TX suddenly is Mikes when he was PR'ing it like it was Xfuels not his but idk Mike belongs in jail and banned from owning any company or managing a company but looks like he's moving to TX and giving us all the birdy finger in the proccess... I'd guess he'll end up getting his arse sued the heck out of from the holders of debt that he's taking on with the TX company since the debt will no longer be able to convert to shares to sell. and make Mammoth and the bradly's family pissed off.

[MU_Redskin1]

Do we have any contact info for Charles or the new guy? My email to the company was kicked back. I’d like to get an idea what’s going on here. The new guy doesn’t look like he uses social media to communicate.

Do we control the Texas leases or did Mike maintain control?

Very confusing situation to say the least!

GLTA XFLS!

Cheers, Red

[Farmboynate]

No need for that OS is low and with Mike and his family having to give back shares and Mike taking the debt with him should reduce it a lot no need for 1 at all...