Xfuels Inc (XFLS)

[Jose Chavez]

Xfuels continues to collaborate with the auditors and its financial support team to get our filings current and now are up to date with our unaudited financial statements and have returned to Pink current on the OTC markets. The system in place is working well and the acquired companies and assets are now integrated properly into daily operations. Our next step in this process is to complete the audit and file our registration statement to return to a fully reporting issuer. Management expects this process to be finished mid-November.