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Update on OTC markets
OTC DISCLOSURE & NEWS SERVICE
Xfuels Corporate Update
Press Release | 04/29/2020
Calgary, Alberta, April 29th, 2020 Xfuels Inc. (OTC: XFLS) is pleased to update its shareholders with the following report.
The company continues to push forward to reconcile its financial statements in order to file its initial report with OTC markets. Issues revolving around COVID-19 have slowed things down considerably from previous timeline projections. Xfuels continues to push forward and is on a day by day schedule for filing.
The company is also continuing to push forward on an acquisition candidate and hopes to sign a formal agreement with that candidate as soon as the disclosure requirements are met.
Further to our May 16th press release Xfuels is pleased to report the 30 million shares have been officially canceled and reflected in our OTC Markets security profile. The issued and outstanding shares have been reduced to 44,849,758.
About Xfuels Inc.
XFuels The Clean Petroleum & Power Company, is a publicly held energy company based in Alberta, Canada and develops technologies for clean energy and synthetic hydrocarbon products.
Clean Petroleum chemicals and fuels have the same molecular composition as traditional petroleum, offer premium performance with NEAR-ZERO environmental footprint, and face very few hurdles to full market penetration in today's existing petroleum vehicle fleet and distribution infrastructure.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Xfuels Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Xfuels Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Xfuels Inc.'s filings with the Securities and Exchange Commission.
For further information please contact:
Xfuels Inc. Public Relations and Shareholder Information
Email: mikem@cyclenrgy.com
I think the problem being is all these regulatory bodies these days are slow things that should take a few days are taking weeks. My thoughts are we can expect something very shortly even if its an update on waiting for approvals.
The CEO seems responsive and answers questions in a direct and manner and within limitations. I'm sure they are just as frustrated over there as we are.
JMHO
OTC Markets reporting a short interest this morning as of the end of February. I'm sure its much more than published your bid whackers don't want to cover yet. Hopefully the market can give them some motivation today.
Either someone has issues and doesn't know how to trade or someone is trying to slow the market for some reason hmmmmm ......
Big blocks are trying to shake out scared stock.
Someone wants in cheaper I think
JMHO
well this will tell you why all short yesterday MM manipulation at its best.
my thought is it says 50% however they were double printing as well.
http://otcshortreport.com/?index=XFLS&action=view
and this one since I like this page
http://www.redchip.com/company/energy/XFLS/322/xfls
going to leave this here again since it was deleted for whatever reason
http://otcshortreport.com/?index=XFLS&action=view
Have to agree IMHO anyone selling at these prices are fools this is 10 cents all day way undervalued. Natural gas spot prices up huge today .11 cents
lol and your point ??? its a great page on the company and what they are doing who cares who paid for what.
Since your an moderator maybe you could pin this post is great info on the company !!!
http://www.redchip.com/company/energy/XFLS/322/xfls
Let it consolidate at these levels get rid of the scared stock no reason to give them more than rock bottom for it. They can play chase when it head north if they want back in. Its obvious no new stock coming out here.
Boy making some people nervous. Looks like the line in the sand has been drawn at .01 lets break it before the holiday and make a big start for next week.
NEWS
XFuels Engages RedChip to Lead Investor Relations Efforts
DIDSBURY, AB -- (Marketwired) -- 06/21/16 -- XFuels, Inc. (OTC PINK: XFLS) has engaged RedChip Companies ("RedChip") to lead its investor relations efforts.
Michael McLaren, CEO of XFuels, stated, "RedChip has a demonstrated track record of improving valuations and expanding the shareholder bases of emerging technology companies like ours. With RedChip's help, we're confident our visibility in the retail and institutional investor communities will improve immensely in the months and quarters ahead."
RedChip is a world leader in investor relations, financial media, and research for microcap, small-cap, and mid-cap stocks. Founded in 1992, and headquartered in Orlando, Florida, with affiliates in New York, Pittsburgh, Paris, and Seoul, RedChip has helped hundreds of companies achieve their capital markets goals and has been ranked by Inc. Magazine as one of the fastest growing privately held investor relations firms in the U.S. RedChip's robust platform includes a weekly television show, "The RedChip Money Report," which reaches more than 160 million households in Australia, Europe, Asia, and Latin America (http://www.redchip.com/tv).
About XFuels, Inc.
XFuels The Clean Petroleum & Power Company is a publicly held energy company based in Portland, Oregon USA, established to design, build, and operate regionally-integrated, small-to-midcap electricity and petroleum production facilities. XFuels is a leader in carbon-neutral energy solutions, as well as providing water and food technologies specifically designed to improve the quality of life on our planet.
The company's (patented and patent-pending) IP delivers one of the highest energy yields (electricity at sub-5 cents per kWh, and diesel fuel profitable at $25 a barrel oil without government subsidies), from a broad range of carbon-bearing inputs (forestry, agricultural, and urban waste including municipal solid waste and plastics), with one of the lowest capital expenditures of any known energy production method. One of XFuels technologies literally converts garbage to gas.
XFuels offers a range of low cost attractive modular systems via its hydrocarbon bio refinery platform (the XRefinery), which produce low cost electricity and advanced petroleum-equivalent fuels and chemicals in partnership with select small to mid-size industrial energy users (info@xfuels.com) in target markets.
XFuels Clean Petroleum chemicals and fuels have the same molecular composition as traditional petroleum, offer premium performance with NEAR-ZERO environmental footprint, and with easy integration to full market penetration in today's existing petroleum vehicle fleet and distribution infrastructure.
For more information on Xfuels Inc. please see www.xfuels.com
Safe Harbor:
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Xfuels Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Xfuels Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Xfuels Inc.'s filings with the Securities and Exchange Commission.
Bruce Haase
RedChip Companies
Tel: +1 407-644-4256
bruce@redchip.com
otcmarkets does not have the shares posted yet so unless you dreamed it Im pretty sure they did not increase the shares 4 days after a reverse split.
http://www.otcmarkets.com/stock/AMZZD/profile
please show us where you find that and we will see who the fraud is
lol so you went on Christmas or Christmas Eve expecting the company to be open??? Really ??? I can tell you they are shut down all week as I spoke to the company Friday. They thought it would be nice considering how hard they have all worked to have a break for the week but whatever you obviously have alternative motives. Also if you are in Canada you cannot buy OTC stock from ANY broker ANY OTC stock. I am with Desjardins as I am also in Canada as many of you here know. They do not allow any purchase of OTC, OTCBB, OTCQB etc. stocks. This is not a W2 Energy isolated incident.
I buy these stocks in our offshore account. Some brokers will allow it depending on your relationship and your assets but most will not.
Wow some of you guys are a desperate bunch
but good for you we will keep on buying your scared stock!!!
Cheers ;-D
guess you wont have to wait long they are here
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=97214
115 in revenue and more to come sorry suckers we are on the fast train now
I’m not sure where you are coming from huge pump one week then down the next. Secondly I’m not sure what you are talking about with Nevada they look pretty current to me
https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=lJo2sjSwWLfqJ%252brsSbAV%252fw%253d%253d&nt7=0
I’ll give you the financials yep they are late oh well its a pink and I know they are working on bigger things.
But honestly tracking down the CEO on his personal line when they have an IR person to field investors hence the name "Investor Relations" I think you deserve the welcome you got.
I'm long on this company alway have been have watched them grow over the years the trials, tribulations and disappointments. But they have always pushed through and have a will of stone you guys come and go pump and bash blame blame blame but you will never get rich on this stuff because you have no patience for it. It’s an emerging company raising capital from a nano-cap market plain and simple. The stock will go up and it will go down. The share count will increase as they raise capital to meet the objectives they have it’s the way it goes. Then step by step the company if done right and I believe this one is being done right will build assets and cash flow and one day grow and possibly uplift to a better exchange or what usually happens they get bought out by a larger company.
I myself will continue to buy, hold and trade in the meantime I’m happy as hell with my investment and I love taking your emotional stock and trading it out on the peaks. So keep it up Im always on the bid !!!
Someone's trying way to hard pressure must be mounting going in for 2m in the morning
shorting is crazy here lets screw these guys
http://otcshortreport.com/WTWO
Nice to see the shorty's here working this thing lets me know they are still in the hole big Monday will hurt them good
Funny how any slight sign that this is turning and out come the trolls. This is a real company with real products and smart management. I have been to the plant myself as I have stated many times. The only thing that keeps this stock down is the market they trade on.
thus the reason all the helpers are out
http://otcshortreport.com/WTWO
Yah your doing a great job of stealing shares lol
Answer is you lost 50 bucks and you just can't let go move on
Lol it's been posted for 2 days shows how much actual due diligence this board actually does
519-341-4776 it's everywhere and I have called it several times stop trying to create something that does not exist
That was no short that was a sell out weeks end. People if you cant afford to play at this table please move to the lounge and let those who can afford to keep the stock play. Thanks for letting some MM off the hook.
Go here
http://otcshortreport.com/
Type wtwo you will find your seller they are called market makers and they are crooks
But we can break them
looks like some MM is really betting the farm on this thing not succeeding crazy !!!
http://otcshortreport.com/wtwo
I called the company the q1 will be release this week. But honestly why do you care if its 6 million or 100 million the mm don't care they sell you shares whether they have them or not. This is a good company that like many others are trying to raise money to meet their objective. They have build balance sheet value over the years and moved the company forward. They as well as so many others can help that the market is corrupt.
freakin finally can we hold you to that?? quick someone tag this for further reference
Hey I agree with you (never thought I'd say that on this board) but I just got off the phone with the company they are just as frustrated as us. They confirmed they are in the audit and preparing a registration statement. He was joking with me as well about he market cap as it seems we will find out that the company has over 4 million in hard assets now building,property, equipment etc.. the market cap is a total joke
make it 3 I'll add a mill too just to watch them sweat
try again its on the front page sounds like you and the boys are getting a little nervous
http://q-team.com/
Or even have approved the reverse
Don't forget the company has obviously checked out otherwise Finra would have not released the d so much for our scam criers