FuelStream, Inc. (FLST)

[florida135]

CER, here's his reply.
me Hello again David. We spoke a couple of months ago regarding the future of FLST. At that time you mentioned they had paid you in shares and that we were basically in the same boat. You also said you h






Today at 10:45 AM
David Kugelman We have to see if the SEC approves the reverse before we do anything. If they don't approve it, I'm afraid it's a difficult comeback. I'm not sure how the company will look after the reverse, but I ha

Today at 10:53 AM
me David, just curious as to why you think the reverse split would be a good thing ? All of the posters on the message boards that are still involved in FLST, believe the opposite. Some of them even feel

Today at 1:50 PM


David Kugelman

To
me
Today at 2:55 PM
Richard

The stock has no bid! The reason is that FLST has been trying to get out from under convertible debt owned by Asher and Magna. If the stock is not reversed, the lenders could force the company into bankruptcy and the shareholders would probably get nothing. Personally, I would rather have a big loss on the stock and try to

Bring my average cost down. I know a lot of investors trade some of their position, buying when the stock is down and selling when it's up. So, the reverse is crucial and there would be nothing good about it not happening. The stock was liquid all the way down. Every shareholder had an opportunity to sell for a small loss. I like all of the people involved and would like to stay involved.


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David L. Kugelman

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