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Yes it does and if you bather to read any other S1 or K's and Q's for any penny land company it says the same thing so if you invest and you loose money the lawyers have their buts covered.
That's misleading because if you look at any 10K or 10Q for any company in penny land it says the same thing, it's only in there to satisfy the Lawyers.
Show me where it says that Global didn't pay, you said that in the filing it says that Global didn't pay please post it.
From what I saw FLST had over a million in Revs in just two months last time they had a credit facility to fuel global, just look at the 10K that was filed at the beginning of last year.
Amen Brother, most forget FLST is fully reporting and have not missed any filings. They don't put out PR after PR like most scams all the PR can be proven with some DD.
So with your expertise you know that it's total BS what some posters are saying that the dilution is to pay for legal fees. The fees have been paid a long time ago.
Please get the facts straight, first Wagner is not under indictment he pled out, second quote: Wagner needs to pay his legal bills: when have you seen a lawyer take payments on a federal case they don't you have to pay up front, so that means no more legal fees.
Third how Does Wagner dilute to pay his legal bills: show me the filing that he is diluting.
One thing you posted is true Bad people post Bad things. What you ganna do!
Can you post that exhibit you speak of. How can you see an exhibit if he never went to trial.
Where did you see that information, I can't find any filings that state that.
I'm with Badgerbob April 1
Please help me understand, in past posts you admit that there is only one Asher note left and it's at 60% discount and now you post there is 3 Notes that Asher is selling from, how did you come up with this DD.
The truth is from the filings there is 1 Asher note outstanding at a 40% discount and it doesn't muture until April but don't you think that if FLST bought out the previous 2 Asher notes before they matured they would also buy the last note out and not let Asher crush the stock.
Thank you.
I don't understand some people, they first said that FLST would never get any financing and they did so now it's the financing is bad. They also call FLST a POS and they lost money with it but then they say they bought back in and will wait for a DCB (dead cat bounce) does't make sense.
The only thing I can say is I know the aviation business and with this financing FLST can parlay it to bigger and better financing mark my words they have their foot in the door now that was the hard part and as soon as we see fueling this will take off.
Hi Bouttime, I know what you are saying but you are talking about credit terms for the retail sector. I am in the aviation business and it doesn't work that way with jet fuel financing since it's gone at the end of the flight the companies like FLST don't give 30 day terms unless you are working with the government that only pays every 30 days, the way it works is if you are an second tear airline or cargo transporter you ether have 7 day terms or 15 day terms not 30 day terms so the argument that there is no wiggle room is not true plus in the jet fuel business you hedge you sales with credit insurance. Do you really think that if you have to repay a revolving credit line in 30 days they would give their customers 30 days to pay No because everyone knows that if you give a company 30 day terms you don't get paid for at least 30 to 35 days.
With all do respect what do you mean when you say 30 day credit terms is a joke it leaves them no wiggle room, do you know the credit terms for the aviation field?
They can't go after Mr. Catala, if you go back to the date of the last criminal act in the AFI case you would see that the statute of limitation has run out. Thats why they indicted Mr. Wagner when they did because the Feds were running out of time.
I don't think FLST would sign a bad financing deal, its simple as long as they make a profit the financing cost is a pass thru FLST can charge more to their costumers because they are providing credit to their costumers.
So if its not the MM's who would sell $13.81 worth of shares and then pay $10 bucks for the trade for a grand total profit of $3.81
The MM are painting it down, who else would sell 425 shares at .0325 at a gain of $13.81 less the trade charge.
If you look at L2 you will see that finally they show my order filled at .0339 more that 10 min. later.
just look at the volume its only 50,000 to me someone is holding it back (MM)
Finally got filled 25 min later at .0339 and it doesn't show on level 2 someone is playing games.
I still have my buy since open and not filled yet WTF
Actually I have a buy at .034 since open and the MM aren't filling I think they got caught with their pants down.
What do you mean its OLD NEWS it just happened, you said that FLST was responsible for what ever fines that AFI would receive, looks like thats not true.
This is big news it means that AFI and FLST are off the hook for any fines or legal issues.
Now the banks are going to be willing to work with FLST.
So Frosted Flakes can attack and he/she is still here and you get a one a day, how does that happen.
I'm in a win win situation because my hat is made of Hemp LOL.
You hit the nail on the head, I've seen posters like Frostedflakes come in from out of the blue and most of the time they are disgruntled ex employees or someone that was an insider that didn't get their way that's why they bash just look at her profile, no followers and the alias was just created. To me it's someone with a personal reson to try to hurt the company but nice try Frosted flakes.
I don't know what's going on here but I've been banned for less when attacking a basher on another board, if they don't ban that crazy fool I'll eat my hat.
Sorry I was away from the computer, the answer is they need to file first before they sell so it's easy to track the insiders sales if they are in fact selling.
Yes you are required to file if you sell shares if you are an insider or own more than 4.99% of the outstanding shares.
The 10k is what they need to file and thats not due until march.
How do you know they are not buying it looks to me in the filing that the insiders shares are increasing not declining and your accusation that they are selling is false because they would have to file with the SEC before they could sell a share.
So it looks like they have potential and possibility according to your own previous post.
Thats my one for today.
What going on
So you are saying that Hawk was created next July 1, 2014. so you can tell the future LOL.
Hi Hipo, the PPS of WNTR doesn't have to be $5 to up list to NASDAQ it could be as little as $2 with the new rules for uplisting so I think if the MM let it run we could uplist without a RS, take a look at the new rules below:
A recent change in the listing requirements for the NASDAQ Capital Market gives more small-cap companies the opportunity to uplist to the senior exchange.
On April 18, the Securities and Exchange Commission approved an alternative to the $4 initial listing bid price requirement for the NasdaqCM. The rule change is meant to level the playing field between the NASDAQ Stock Market and its main competitor, the NYSE Amex. Prior to the rule change, the NYSE Amex required companies to have a minimum stock price of $2 to $3, while the NasdaqCM required a price of $4. As a result, numerous small-cap stocks trading between $2 and $4 were shut out of the NasdaqCM. According to the NASDAQ Stock Market’s proposal, filed in January, “A number of companies have indicated a preference to initially list on the Capital Market instead of NYSE Amex and have expressed frustration at their inability to do so without reverse splitting their stock.”
Under the new NasdaqCM requirements, a stock can qualify for listing if it closes at $3 or above for at least five consecutive business days prior to approval. The five-day requirement is in place to reduce the risk of price manipulation aimed at allowing a security to qualify for listing. In addition to the $3 share price requirement, the company must meet the following requirements:
Stockholders’ equity of at least $5 million
Market value of publicly held shares of at least $15 million
Two years of operating history
Or:
Net income from continuing operations of $750,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years
Stockholders’ equity of at least $4 million
Market value of publicly held shares of at least $5 million.
Securities with a $2 minimum closing price for five consecutive business days prior to the approval can also qualify for listing on the NasdaqCM if they meet the Market Value of Listed Securities Standard, which requires a market value of listed securities of at least $50 million, stockholders’ equity of at least $4 million, and a market value of publicly held shares of at least $15 million
In addition, companies must demonstrate that they have more than $2 million in net tangible assets if they have been in continuous operation for at least three years, or more than $5 million if they’ve been in continuous operation for less than three years. A company must also have average revenue of at least $6 million for the past three years. All other requirements for listing on the Capital Market are the same or higher than those of the NYSE Amex. A copy of the NASDAQ Stock Market’s original proposal is available on the SEC website.
With the new requirements, the NASDAQ Stock Market becomes more competitive with the NYSE Amex, and emerging growth companies now have another avenue to benefit from the increased exposure, liquidity, and access to capital that comes with uplisting to a senior exchange.
Hi Ace, your DD is good but you are not taking into account that if FLST was taken over by another company they would have to file an 8k as they are an OTCQB fully reporting company
also you need to know that the 1 TIME global deal is just a small part of Global, Global has five different entities and the 1 First deal is just one of them. from my calls to FLST they say that Global extended their contract for two more years.
I called Ron Finger the CEO of Global last week and his secretary told me he was in Miami Florida getting things set up which sounds good to me because FLST is not far from Miami International Airport.
I checked out your DD on the tail number of the airplane that left from California on Flight track and it left the Airbus facility in Victorville California landed in west Indies Island then it took off and headed to Jo Berg so that tells me that the Aircraft are being repositioned from the Airbus Facilities to So. Africa to start the U.S. flights. Remember FLST can Fuel anywhere in the world.
Thats my one a day for today until I can prove I can play well with other kids in this sandbox.
Do you care to elaborate on what you found, I find it hard to believe that in a high end office building they would padlock the doors. First it was that FLST was being evicted last year to now the doors are padlocked nice try. LOL.
Interesting reading I found just take a look. The word is going to get out to the masses:
OTC.jpg
FuelStream, Inc. (OTCQB: FLST)
(OTCQB: FLST)
Dear subscriber
FuelStream, Inc. (OTCQB: FLST) is an undervalued airline-play that has a predictable history of multi-day runs after releasing a particular trading signal. FLST's chart pattern just showed up in a bullish pattern in our technical screens and we're looking for clear skies, and a little turbulence, at 38,000 feet!
This penny stock pulls off some of the biggest predictable multi-day runs we’ve ever seen, and we think you can make out hand-over-fist, if you have the guts to take advantage.
Not only is FLST currently trading at the attractive price of $0.035, but its previous high was $2.00, which means you can clean house when FLST starts its ascent. Last summer the stock got shelled, in light of the fact that the Company has made several strong announcements about future business. In our opinion, the main reason was the fact that FLST was plagued by weak management. Once investors lose confidence in management, they sell the stock. Now that the dead wood is out, FLST can grow.
FLST has currently contracted With South Africa's Global Airways to provide, not just fueling services, but, all aspects of logistical support. In addition to sourcing the jet fuel Global Airways requires, FLST will be responsible for the evaluation and recommendation of ground handling companies, caterers, crew transportation and services. The Company will also coordinate with cargo handlers, serve as Global's GSA for cargo in Miami, work with the Aviation Department on gate assignments and ticket counters, and work with all government authorities (TSA, Customs & Immigration and the local police) to ensure compliance. Global Airways announced recently that it would be providing the first nonstop service between Miami and Cape Town South Africa in decades. There are currently flights with stops in Europe, but nonstop flights were cancelled years ago as a result of political pressure. Miami is taking the lead in reinstating good relations between Cape Town, South Africa and the USA.
sc
Out With the Old and In With the New
CEO Robert Catala took over at FLST in July, 2013 and started cleaning up some of the previous management team's mistakes. Mr. Catala has a background as a U.S. Army intelligence officer and has a great deal of experience in the aviation industry. He has worked with several ground handling companies as Director of Airport Administration, as well as several charter and scheduled airlines like including Rich International Airlines, Air Europa, Star Air, and Falcon Air Express. After 16 years in aviation management, Mr. Catala served as VP of Operations at Aviation Fuel International. He's also worked as a sales executive for Total Air Services and J&D Oilfield International, a multinational jet fuel supplier based in Venezuela, before starting with FLST. In our opinion, he's a solid leader for FLST and he's piloting the Company to new heights.
Since Mr. Catala took over as Captain, you can see from the press releases that business is being done and revenue is starting to be generated.
Paid Off Toxic Debt
On July 19, 2013 and August 26, 2013 FKST borrowed $131,500 from Asher Enterprises in the form of 8% convertible notes. Asher is known in financial circles as a lender that converts the debt it own to equity. A lot of equity. On January 23, 2014 FLST announced it retired the two Asher Notes and has contracted to retire the third and final note issued to Asher before it matures. By redeeming the Asher Notes, they are now paid in full and will not be converted into stock. FLST did borrow the money from another lender, but management is confident they will have sufficient cash flow to pay the new note when it comes due. No matter how you look at it, this is huge news for FLST.
However, with no one to tell their story, investors turm to the land of misinformation, the message boards. You know the one? The one where a non shareholder of a public company posts derogatory comments because the company CEO beat him out for quarterback of the high school football team 35 years ago? Yeah, that one. As the market for FLST stock gains momentum, it is our opinion many of the naysayers will turn out to be nothing more than individuals who had "sour grapes." We also believe that as FLST begins generating significant revenue, many investors will see the potential for profit on the stock that we see today.
Began Fueling Operations
The big kahuna, the real cheesecake, that everyone is waiting for is the announcement that the Cape Town to Miami flights have started. In our opinion, we won't see that for a while. Let's face it, the airline industry is one of the most heavily regulated in the bsiness. Government regulations have choked many small players out of the business. A lot of investors reading this report have probably spent hours in line trying to clear security! I'm not an expert on the airline industry and the regulations surrounding it, but I am pretty comfortable stating that there will be a great deal of navigation ahead. We believe FLST has the wherewithall to move the process forward. That being said, we could see it in the first quarter, but once the flights start, you won't be able to buy a share of FLST for under $0.50. So, enjoy it while you can and get in the stock now, before it starts to move higher.
Sometimes, you have to read between the lines in order to be a successful investor. On January 13 FLST announced that it started both fueling and logistical support operations to South African based Global Airways. The operations are currently underway at Victorville Airport near San Bernardino, California and Hato International Airport in Willemstad, Curacao. Now, it's not the huge announcement everyone is looking for about the Cape town to Miami route, but it does show the relationship between Global Airways and FLST is on the runway. FLST has left the start-up phase of its business plan and has moved into the revenue generation stage. This is a major step i the life cycle of any business. Investors should be applauding FLST management for their diligence and perseverance, but instead, the guy on the message board said.......
The Company
FLST 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.theFLST.com.
Summary
FLST appears to be primed for a move higher. Strong news from the Company could result in five or ten times your money, as the stock trades back up into the $0.20 and $0.30 range. If you look at the chart you will see that there is an enormous gap to fill and it wouldn't take a whole lot to send this one back north of $0.20. One other thing, FLST is known amongst penny stock traders as an easy ROI trade because of its historically predictable multi-day upswings after any considerable pullback. And right now, we believe that FLST is on the very first day of its next multi-day run!
Historically speaking, FLST has run an average of 4 days after the 1st bullish trading period during a established downtrend, which means if the trend continues FLST will continue to increase in value for the rest of this week!
Plus consider this…
If FLST were to even gain 50% of its previous $2.00, subscribers who own shares at current levels would make over 20 times their money in realized gains! An average margin investment of $3,000 would become a whopping $60,000! I don't know about you, but money is something I can always use more of.
Penny stocks like FLST, which show predictable price movements are loved by experienced penny stock traders for a good reason. While they might not be able to break the 400%+ barrier, because of their predictability they are much easier to trade because of it. The majority of penny stock traders will take a greater chance of success that’s been proven by historical trading, over a penny stock play that’s unproven. FLST is currently trading under $0.04. If FLST succeeds in their multi-day rise we could easily see $0.200+ per share considering their last bullish run high was more than double that. We think the opportunity to profit big with FLST is worth your serious consideration.
OTC Symbol: FLST
Current Price: $0.04
Shares Outstanding:
35.3 million
Market Cap: $1.4 million
52 Week Trading Range:
52-Week Low: $0.02
52-Week High: $1.20
Corporate Offices:
510 Shotgun Road, Suite 110
Sunrise, Florida 33326
Phone: (954) 423-5345
Website: www.thefuelstream.com
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OTC Stock Review is not registered as an Investment Advisor or a Broker/Dealer. The information in this newsletter is not an offer to buy or sell securities of the companies profiled. Information is for informative purposes, not intended as advice for investment and is subject to change without notice. OTC Stock Review has not been compensated by FuelStream to perform investor relations services, but expects to be. Officers and directors of OTC Stock Review may hold a long equity position in FLST and may from time to time trade in these securities for their own accounts. Information on each company is from public releases and can not be guaranteed by OTC Stock Review. Companies profiled herein may carry a high investment risk; readers should carefully review profiled companies thoroughly with their investment advisor, stockbroker, or other such professional. OTC Stock Review is not liable for any investment decisions by its readers or their advisors. Any analysis contained herein does not purport to be a complete analysis of the profiled Companies and reflects the opinion of the author. Readers should obtain copies of the profiled Company’s periodic reports filed with United States Securities and Exchange Commission, generally available at http://www.sec.gov or http://www.otcmarkets.com.
You are spot on when you say the former CEO Russ Adler took a lot with him when he left, yes he took stock that he gave himself plus his girl friend and from what I was told he had to return money he took from FLST's account and put in a trading account that he opened in the name of FLST that no one knew about, the good news is that FLST was able to cancel all of those shares. The only person Russ Adler forgot to give shares to is his wife.
Look at the 10K it clearing says that the former CEO Russ Adler was replaced, it didn't say that he resigned.
I have no worries because Asher will be paid IMO. I did the calculations and FLST has until the 22 to pay I think they will pay by Wednesday so we will wait patiently for news
I thought you said FLST had no revenue but I'm confused because you just said they had under 50,000 in revenue. I'd like to know how you know now that they have revenue because as of yesterday you said they weren't doing any business.
If FLST hasn't announced anything about Asher IMO they have something browing and we should get some news on Tousday and I think the market knows this because the price didn't tank on Friday, if the market thought that FLST wasn't going to pay Asher the price would have dropped on Friday to sub penny instead it stayed steady at the 50 day MA.
The guys at FLST are working hard to make the company profitable that's all even when past management made bad deals like the peak one deal that drove the PPS from over $3 down to $.02, that's why the company has had such a hard time in receiving financing because the company went form over a $25 million dollar valuation to a couple of hundred thousand thanks to the prior Managment.
Thank you very much Russ Adler former CEO of FLST for dropping the PPS in record time he should be in the record books, and it shows what a grate CEO he was since he has been unable to find a (sucker) company to let him distroy it for over a year now and it shows in his rambling on some sites.
My one post for the day, GLTA
Thanks Hippo for your hard work and for keeping us longs calm.