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GUGS is back on the ask
the stock hit a week low today. Nice to see management doing their job. Joey and denis are living on the selling of shares over the years, while stockholders continue to lose.
Facts on both sides. MJ app never released again. No appflix and been promised for years. Profitable for a few qtrs. No verified sales. the financials are not audited. Joey and denis sold tens of millions of shares. Shareholders never received a stock dividend when they increased authorized shares from 300M to 600M as was stated at the time. Blink was going to be out early this year. September and no mention of it in the last blog. Lots of other things promised and not delivered. Authorized shares will be increase shortly. Stock has gone from cents to triple zeros in the past 4 years. Management has underperformed.
If you decide to invest, just be prepared to be here for years and good luck.
So if someone knows their is a reverse split coming, would they be considered an insider? Just asking for clarification.
It is great to see a CEO who understands how to get things done. Unlike the previous one.
The store opening is just on JB time. the problem is he has nothing to work with. Very little capital, and I am sure he is doing all the work on it. If this opening is successful then he might be able to hire people to get things done in a timely manner.
With the legalization of MJ occurring in several states, picking the right location could me millions for one new store if picked correctly.
The company continues to work on all fronts to grow the business.
Looks like revenue from the grow store is increasing
Where was the reverse split mentioned.
The due diligence done by many is spot on. This is not a scam but a company putting all the right pieces together. Thanks for the great info guys. Truly appreciate it
I know why they code named their new app blink. Because if u did blink then u missed it. In all seriousness, I wish it was different. Penny land is full of CEO's that can't get the job done. Good luck to all those holding
Amazon is offering streaming entertainment content on their new mobile phone. They weren't a competitor in this arena and now it is up and running. I hate to say it but this is heading to .0001
Who is Kugelman. All I see is things reversing. This is ready to take off.
Well, if that POS EX-CEO Russ Adler didn't ruin things, this company would be flying even higher and stock price would be multi pennies if not higher. As is stands now, things are reversing in spite of Adler's negligence and laziness.
Naysayers will see the power of this technology and be sorry they didn't get in now.
When the third quarter numbers come out, you will see hyper growth for FuelStream and then this explodes big time. This will be pennies by the end of the year.
The flight number and tail number were included in the PR today, so those that doubt it took place and verify that information.
I bet they booked close to 90 to 100k in revenue on this. Just the servicing alone for the flight was probably worth 15 to 25k with the rest for the fuel. Charters are usually larger planes and require about 25000 gallons of fuel for long flights. JUMBO but these flights r money makers
It is just the start of good thing to come
Again, great Due Dilligence showing how valuable this stock is going to be.
Please view the sticky posts to view the pictures from the lab in Canada. Steps being taking to be a leader in the field.
the stock is a pressure cooker. looks like accumulation going on. The stock takes off soon.
I am sure there will be more pics at the conference on friday in Vegas
News if forthcoming will help this along.
I can feel it about to explode. With all the accumulation this thing will rocket. Watch for it soon.
Rest in Peace Joan Rivers
With their connections, I bet the partnerships come fast and furious to eventually dominate in their area.
You're welcome.
Putting the pieces together for success
From David Kugelman
Sorry for the delay. I can’t give you an exact time frame on when the decision will be made on the line, since I have no control over it. If hindsight were 20/20, I would have removed the sentence from that press release about FLST hoping for a decision in a week or two. I spoke with management yesterday and they are optimistic about the outcome of the decision. However; there is no such thing as a sure thing. The Company chooses not to share information about profits per gallon of fuel sold. At this point, it's better to focus on service. Also, the price per gallon varies widely with the location. Airports in remote areas are higher, and obviously more profitable, than in more populated areas.
The outstanding share count has increased significantly as a result of convertible debt. Unfortunately, FLST has some debt owned by institutional investors that is being converted to stock. We are looking for another investor or creditor to step in and take out the existing note holders. Here is my take on the status of the share price. Even though there is 1 billion shares out, FLST is on a run rate to do $1.5 million this year in revenues. If the stock traded at $0.0015, the market cap would be equal to revenues, which is unheard of for a growth company. Normally, growth companies trade at much higher multiples. While earnings multiples are intuitively appealing and widely used, analysts in recent years have increasingly turned to alternative multiples to value companies. For new technology firms that have negative earnings, multiples of revenues have replaced multiples of earnings in many valuations. A recent historical study of stock prices to revenues by the NYU Stern School of Business showed the average non-technology growth stock traded with a market cap over 11 times revenue. Obviously, that would take the stock back into the $0.015 range. Just a side note, the line will be for the express purpose of purchasing fuel from suppliers and not for general purposes. FLST’s customer’s payments would be applied directly to the outstanding balance created by fueling their plane. The point we need to consider is there are many small airlines that could utilize FLST’s services. The $1 million line would make that $1.5 million run rate they’re on significantly higher.
I hope this helps? I'm still positive.
A chance to get in early at almost the 52 week low before the conference. Timing is everything and this is the time.
These are the dips. I would start from here and pick up the 99's
while you can
My bad. I got the Friday's confused.
I believe they present in the morning tomorrow. It should be an interesting report. Is this also an investor conference as well? That would bring new investors on board
Funding will allow the inventory turnover for the fuel. Combined with today's news, revenues will start to grow even faster. What I wish I would have seen is the gross profit projection on that amount of fuel. maybe the next release or two.
Just because there isn't news on it doesn't mean it doesn't exist
Check google. You will find him.
I agree. I am just posting the simplest definition. The last resistance on a run was .0018 before that it was around .003. If we break the .0018 then I would want to see the .003 broken. After that I believe it is almost a half a penny. All of which I would take. There was a serious short attack Friday on heavy buy volume to keep this down. Maybe loading before news
Definition of Golden Cross.
http://www.investopedia.com/terms/g/goldencross.asp