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It can't mean very much. Nobody has bought a single share. There was a movie called The Shining. This one should be called The Filings !!!! Florida
steven. You seem to know a great deal about this company. In your opinion, how much time do they have to update everyone on whether or not the reverse split is going through ? Since it should have been final about 2 months ago, you would think that "someone" would tell people just what happened to it. Florida
As of 2 days ago, Kevin Blanco was still with FLST. They no doubt have put a gag order on him.
fuelstream inc
(FLST:OTC Markets Group Inc - Current Information)
Last $0.0001 USD
Change Today 0.00 / 0.00%
Volume 0.0
FLST On Other Exchanges
As of 8:10 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).
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Kevin Blanco
Vice President of Sales, FuelStream, Inc.
Age Total Calculated Compensation This person is connected to 0 board members in 0 different organizations across 1 different industries.
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Good morning guys. I tried sending an e-mail to their transfer agent asking them if they had any news regarding what's going on at FLST ???? I also asked if they are still this company's transfer agent ? So far no reply. If they're still the agent for FLST I would feel a lot better. Just have to continue to wait this thing out. Florida
CER, do we have a choice ? It's all up to the company. If they sink, so do we. If they can figure out a way to keep this company going, we might all still escape with a profit ? Only God knows ? Florida
Has anybody ever owned a stock that announced a stock split, and 6 weeks after they said it would be done, it's still not finalized. Even worse than that, the company has not said a word to shareholders explaining just what's going on ? Can they continue forever just not trading and not addressing their announced split filing ? Even more surprising is the fact that neither the S.E.C. nor FINRA seem to care too much even though it was put into their last official filing over 2 months ago. I agree with some earlier posters, it has to rank as the "worst stock" I've ever been in.Florida
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me
To
Gayle Terry
Today at 10:27 AM
Hello again Gayle. Anything new on what's been going on at FLST ? Are you folks still their transfer agent ? Any news you can share would be great. Best wishes, Richard
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Gayle Terry
To
me
Today at 11:49 AM
Richard,
There is no new information to report.
Gayle
That was 280,000 sold at .00001, but now somebody bought 13 million at the ask of .0001. Florida
Today makes the one month birthday of the reverse split that our C.E.O. said would be completed on Jan. 19th. Not only was it not completed but it sent the whole company into hiding. No updates, no answering of phone calls or e-mails, nothing but complete silence from "the gang that couldn't shoot straight" ! The way things are going, we'll be lucky if we hear anything at all "this year" !!!! Florida
That means we still have a pulse ! Florida
Welcome to a new week at the office. Nothing has changed. Still no bid and no news. We've waited this long I might as well wait a little longer. Even another filing would look great about now. Florida
I'm with you. While things look hopeless when a stock doesn't trade and the company is silent, maybe one of these mornings something in the way of news might hit the wires, and turn a disaster into a surprising turnaround. Unlikely as this seems, one never knows what might happen on Wall Street. Florida
steven, since you know a whole lot more about FLST than most of us, perhaps you could tell us how this company can stay listed almost a month after their reverse split was supposed to be finalized ? They have managed to keep their filings up to date, so it would make no sense for them to continue filing with the S.E.C. if the company was going out of business ???? Maybe you can enlighten us. Florida
It looks like everything remains the same. No trades, no messages, and still no word from our C.E.O. Just can't help wondering, at this rate how much longer do you think this stock will be listed. It wouldn't surprise me if they are attempting to sell their shell of a company to somebody who just wants their company to be listed. With all the baggage FLST is carrying it might be a very tough sell. Florida
Hello again Flush. Not in this one yet but it's been on my radar for a while. I have to wait for things to clear with FLST. Florida
"And the beat goes on". Just the fact that this C.E.O. has blocked out all contacts while leaving everyone hanging out to dry, is proof that he doesn't give a hoot about anyone but himself. How selfish can you get ???? I'll be glad when this nightmare ends. Florida
Is there a time frame on reverse splits, or can they just remain in limbo for months and months ???? From last Decembers filing. This Information Statement is furnished to the stockholders of Fuelstream, Inc. a Delaware corporation (the “Company”), in connection with action taken by our board of directors and the holders of a majority in interest of our voting capital stock to approve a reverse split of our outstanding shares (“Reverse Split”). The foregoing action has been ratified by the written consent of the holders of a majority in interest of our voting capital stock, consisting of our outstanding common stock, outstanding Series A Preferred Stock, as well as our board of directors, by written consent on December 8, 2014. We anticipate that a copy of the Definitive Information Statement will be mailed to our shareholders as of the date it is filed definitive.
In effecting the Reverse Split, we are consolidating the number of our outstanding shares of common stock on a ratio of 1 share for every 2,000 shares issued and outstanding as of the record date set forth below. We will not issue fractional shares and will round each fractional share up to the nearest whole share. Additionally, we will also round up to 200 shares each shareholder whose holdings would otherwise be less than 200 shares following the Reverse Split.
The Reverse Split will be effected as of the date it is filed definitive, but, under federal securities laws, is not effective until at least 20 days after the mailing of this Information Statement. We anticipate that the effective date for the Reverse Split will be on or about December 23, 2014.
Well in 10 more days it will be one month since they announced that their reverse split would be finalized. Since they continue to remain completely silent, we really don't know if we have a reverse split or for that matter still have a company ???? For those folks who contacted the S.E.C. any results ???? Florida
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me
To
Gayle Terry
Today at 11:11 AM
Good morning Gayle. Anything new on just what's going on with this company. Is their overdue reverse split still in play ? The only thing we ever get from them is an occasional filing, so we can only assume that the share structure has remained the same. I guess it would be safe to say we're in a holding pattern. Regards, Richard
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Gayle Terry
To
me
Today at 12:21 PM
Hi Richard,
Sorry…nothing new to report.
Sincerely,
Gayle
CER, do you have a bid and ask on level 2 ? E-Trade shows a zero ask. Florida
Hey Al, I'm with you. Hope you are correct. Florida
To make certain it doesn't close below .0001. We'll probably see continued buying all day long, probably not too heavy though. Florida
Maybe the reverse split is very close. They want it at .0001 or higher before it splits. At least then it starts out at .20 Florida
Could someone explain just what yesterdays filing means, and how it might affect their shareholders ? Florida
Do you think we'll ever see this stock trade again ???? With this continued complete silence from the company, if we still have a company, no contact with any of us, or even with their own attorney and transfer agent, what are the chances that this stock even trades again ???? Looking more and more hopeless every day. Florida
Good morning folks. Next week is February and the silence continues. If nothing comes out by next Monday, I will call the transfer agent to see if they've had any contact with the company. Not much else I can do. Florida
Does our C.E.O. realize that some people are still involved with this stock ? To not even come out with some sort of an update when you can't get your house in order and your announced date for the reverse split has come and gone. How expensive could it be to put out a short news release informing stockholders just why there's been this "extra quiet" delay ???? If you don't even contact your own attorney or your transfer agent anymore something is not right. Nothing lasts forever. Sooner or later you will surface again and say something, or, you might just disappear. Either way it would be better than this boring and never ending silence !!!! Florida
Date Creek Geo., since you know a lot more about this company than I do, do you have any idea what might be causing the delay in finalizing their reverse split which they said would be finalized on or around Jan. 19th ???? Their complete silence to not only their shareholders, but to their own transfer agent and attorney just doesn't sound right. Anything you can tell us that might help me understand why we're so very quiet and how much longer this might take, would be appreciated. Florida
Still waiting for the company or their transfer agent's news of the reverse split. Other than that, complete silence every day. Florida
I just received the following reply from their transfer agent. It seems they aren't replying to anyone right now.
Jan 22 at 11:46 AM
Gayle Terry
To
me
Today at 11:32 AM
Hi Richard,
Actually, I didn’t hear from the company but their counsel responded saying that they knew as much as we do right now and that there is NO indication that there have been any changes in their plans. It’s not much…but it’s something.
Best regards,
Gayle
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It's post # 23945, but it still isn't showing on my screen. Doesn't really matter now as I can still read it in one of your replies. Thanks again, Florida
Thanks guys. After it was posted it disappeared for a couple of hours. Glad to see it back. Florida
Maybe he knows more than we do. Hopefully, there's some kind of clue in his posting, which is a possibility. Or, then again, I'm just getting a little paranoid by this time. Florida
It was removed this morning. From what I remember, he said the reverse split was known 8 months ago, and that the company can't speak to anybody right now as they're in a quiet period. He also said this reverse split will go through and when it does the company will have something to say. Just from what I remember, I only had a chance to read it once. Florida
Last night just before your post # 23946. Florida
Why was post 23945 from date creek george deleted ???? Anyone know the reason ???? Florida
Good morning CER. Nothing as yet. If the transfer agent had heard back from FLST, I'm pretty sure they would have responded. They always did whenever I contacted them, so they're probably waiting just like many of us for some news from this company. Sooner or later, whether it's in another filing, or a rare p.r. from them, or both, some news will have to be released. Until then, we're still on hold. Florida
The last time this stock traded was 10 days ago. With them having absolutely nothing to fear from the S.E.C., this could go on for a long time. The big boys draw their pay checks, while any investors that are still left, are kept in the dark. Just the fact that the company refuses to have any contact with anyone outside of the company, means they can do whatever they want without ever having to answer to anybody !!!! What an impossible situation to be stuck in. Florida
Nothing back yet from their transfer agent who always answers promptly. This means that the company still hasn't answered the e-mail they received yesterday morning. Any luck with your e-mails yet ? Florida
If it's possible, things keep looking worse and worse. I contacted their transfer agent and their reply follows.
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RE: Absolutely no contact with the company after several of us have tried for over one month.
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Gayle Terry
To
me
Today at 11:46 AM
Hi Richard,
I have forwarded your email to the company to see if I can get a response from them. I’ll let you know when I hear back.
Sincerely,
Gayle
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