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FLST is an established company over 12 years old and traded for big bucks on Nasdaq , They will have no problem getting money to operate with. Their goal is to get over a dollar per share ASAP and get back on Nasdaq . Believe me company's like more stable investors - just like investors like more stable company's .
Do you have money in Global or Fuelstream?
Sounds like more revenue besides fuel. Good Deal
New CEO info:
On June 25, 2013, Robert Catala was appointed as Chief Operations Officer. A summary of Mr. Catala's background and business experience is as follows:
Ralph Robert Catala. Mr. Catala, age 54, is the Chief Operating Officer of the Company. A native of Corpus Christi, Texas, Mr. Catala was raised in Miami Florida and majored in Civil Engineering at the University of Miami. Straight out of college Mr. Catala served as an intelligence officer in the United States Army and completed coursework at the Defense Intelligence College in Washington, D.C. His military career lasted 12 years and gave him the opportunity to serve at various locations throughout the world, to include Germany, Korea and Panama. His service to his country was recognized when he was awarded the Defense Meritorious Service Medal at the completion of his tour of duty in 1992. Mr. Catala settled in Miami, Florida and was immediately hired in the aviation industry, first with several ground handling companies (1992-1997) where he was the Director of Airport Administration then directly with several charter and scheduled airlines (1997-2008), including Rich International Airlines, Air Europa, Star Air, and Falcon Air Express. After 16 years in aviation management, Mr. Catala went to work in the aviation fuel industry from 2008 thru the present. From March 2008 thru March of 2010 Mr. Catala served as VP of Operations at Aviation Fuel International. From April of 2010 thru January of 2012 Mr. Catala worked for Total Air Services as Sales Manager. In February, 2012, Mr. Catala moved on to J&D Oilfield International, a multinational jet fuel supplier based in Venezuela, and served as the Director of International Sales. Mr. Catala was drawn to Fuelstream in October of 2012 and was hired as the VP of Operations before accepting his appointment as the COO. Mr. Catala possesses a keen analytical mind and proven leadership abilities and is prepared to take Fuelstream to the next level. Mr. Catala is fluent in English and Spanish and lives in Miami, Florida. He is married and has three children.
Expanding into US and Caribbean. :
http://www.menafn.com/44a75197-3967-44ef-951d-31f7c4a1ca4c/Fuelstream-Enters-Domestic-US-Market-With-Expansion-Into-Caribbean
Fuelstream Contiues with Strong Daily Gains , I like the title to that article!
FLST added to OTC active stock watch :
http://www.stockhouse.com/news/press-releases/2013/08/07/fnma-fmcc-xuii-and-flst-added-to-otc-active-stock-watch-list-at-epr
FuelStream, Inc. Enters Domestic US Market With Expansion into Caribbean
Aug 1 13
FuelStream, Inc. announced that it will begin regular jet fuelings in both the US and the Caribbean and aggressively pursue this market. Fuelstream participated in the inaugural weekend of flights between Miami and Port-au-Prince and sees this as an exciting opportunity to expand its offerings. Once flights expand to a daily schedule, the company anticipates quarterly revenues of $1,329,600.00 with annual sales just over $5,300,000.00 on the airlines initial route. The airline has plans to expand its service throughout the region in the near future.
Can you show me where it was pumped ? I have looked and cannot find it . Here is the list:
http://www.pumpsanddumps.com/
You have to ask yourself , if they are not interested in the stock then why are they even posting here. They either are shorting or trying to create bad vibe to get it at a lower price. Simple as that.
Gee they should have made that clear in the release .
Yeah I read that in a book once. It has been true with this stock for sure. When we got the news of the contract in Africa and the price went down someone said on the board it was old news . I found where they were talking about an agreement with Global but nothing was finalized. The news made it final IMO . Which was good.
I can multitask , I am watching TV too . LOL
Yes some real news.
Well the MM ,s will not want to kill the market ,Maybe they will do it slowly and we won't get hurt to bad. Just have to wait it out . When this is all over we have a potential of a gap up .
We need to make sure everyone understands that and not get shook out. That's 53 grand @.20 per share.
So it's not the last of peak ones shares?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90847987&txt2find=$11000
Are you sure ? I read a post Friday someone called TA and they told them that was all . That's were the 11000 figure come from.
I think what drove the price down Friday was the last $11000 of shares That was suppose to be the last holdings of Peak right? When you combine that with flippers and scared money it added up .
Don't forget Alder was in on the deal too. What did he get ? I'm sure something.
I would think that would be a Violation. But possible anyway .
ASCM has been doing it for the last 3 trading days, We should all hold on and put the short squeeze on them . Next week will be a different game .
It wouldn't take long at all for the hedge fund buyers to come in and buy them up .
It appears to me short volume has bottomed out on the 8th . Time for reversal and MM,s will make money on the way up.
http://otcshortreport.com/index.php?index=FLST&action=view#.UgawkIy9KSM
TCPS ,Looking stronger everyday .
Good point consider it done here. TNX
This must be the $11,000 that was hanging over their heads . Gone at last . All systems go with FLST
Monkey on Back Removed:
Fuelstream Remits Funds to Redeem Convertible Debenture
By GlobeNewswire, August 07, 2013, 07:00:00 AM EDT
Vote up
SUNRISE, Fla., Aug. 7, 2013 (GLOBE NEWSWIRE) -- Fuelstream, Inc. (OTCQB:FLST) ("Fuelstream" or the "Company") announced today that it has wire transferred $124,600 to Peak One Opportunity Fund, L.P. ("Peak One") to redeem the unpaid balance and required premium of that certain convertible debenture issued on February 1, 2013 to Peak One. The redemption is part of the Company's ongoing efforts to deleverage and improve its balance sheet. Peak One has disputed the Company's attempt to redeem $11,000 of the principal amount of the debenture. The redemption, once effected, will result in Peak One no longer holding any debt securities of the Company.
Commenting on the redemption, Robert Catala, the Chief Executive Officer of the company stated "The redemption of the Peak One debenture represents a positive step forward in reducing the Company`s liabilities, as well as potential overhang on the Fuelstream stock price. We will continue to pursue additional ways to restructure and reduce our debt obligations along with our development of additional revenue opportunities to improve the financial health of the Company going forward."
About Fuelstream
Fuelstream is an operating fuel logistics company that concentrates its supply chain management efforts in the distribution of aviation fuel to corporate, commercial, military, and privately-owned aircraft throughout the world. Currently, a majority of the Company's fuel and related services are concentrated in the sourcing, purchase and delivery of (Jet-A) fuel "into the wing" of private and commercial aircraft at various airports. With offices in Sunrise, Florida and Johannesburg South Africa, the Company intends to supply a variety of ground services either directly or through its affiliates, including concierge services, passenger and baggage handling, landing rights, coordination with local aviation authorities, aircraft maintenance services, catering, cabin cleaning, customs approvals, and third-party invoice reconciliations. For more information please visit www.thefuelstream.com.
Read more: http://www.nasdaq.com/press-release/fuelstream-remits-funds-to-redeem-convertible-debenture-20130807-00237#ixzz2bWeiNcCF
Everytime Gem shows up the price goes up!
Hold your shares everybody.
Buys hitting ask hard.
More than just fuel too; Headquartered in Johannesburg, South Africa, has appointed Fuelstream as their U. S Representative for their scheduled service to Miami, Florida. Fuelstream will be responsible for the following: evaluating and recommending ground handling companies, caterers, crew transportation and services, coordinating with cargo handlers, serving as the GSA for cargo in Miami, working with the Aviation Department on gate assignments and ticket counters, working with all government authorities
Movin up!
Aggressively Pursuing Growth in US
I am Long on FLST , They are making big deals.
Now they got shares for .25 they can sell back for .40
Scared Money !
They are shakin the tree hard.
Buy Time Load up !
MM,S trying to pick up cheap shares.