U.S Fuel Corp. (fka USFF)

[fluke321]

Any reason to be concerned? From Robnj

""On January 25, 2006, we issued Denise Barbato 2,000,000 shares valued at $146,000 for interest expense according to the terms of the January 8, 2004 debt consolidation agreement

(the market value of those shares "valued at $146,000" was actually over $1.5M when issued)


March 31, December 31,
2006 2005
$ 973,135 $ 973,135

Denise Barbato, bearing interest at 10% per year, convertible into common stock
at $0.084 per share. The note is payable on August 31, 2006""

hmmmm, 973135 / .084 = 11,584,940 shares

or over $13M at current "bargain" PPS!!!!!