Fellows Energy (fka FLWE)

[quickbuckvulture]

Did you notice that their SEC filings were invalid?

For the first 3 quarters of 2006, FLWE claimed revenues of over $450 thousand. At the end of year, FLWE claimed that revenues for all of 2006 was $420 thousand (or so).

How did they earn less for the year than they filed with the SEC for the first 3 quarters?

I called. Their answer: FLWE claimed 100 percent of the gas revenues even though they only owned half or so.

One more time, They claimed revenues thay that weren't theirs and that they hadn't earned. They did that for 9 months. They filed this with the SEC.

Then at the end of the year, most of the revenues disappear and millions of assets likewise disappear.

Can you say "fraud"?