Fuego Enterprises, Inc. (FUGI)

[Squeegee_1]

Holy Crapola! Repost

Remember the Beverage Plus web advertising revenue? The company accepted shares in Beverage Plus as payment.

http://biz.yahoo.com/iw/080325/0378887.html

Here is the big news! Beverage Plus is about to go public on the Frankfurt Stock Exchange. The shares are all on deposit with an international broker and can be traded at any time. If my math is correct we own 580,859 shares. The company has been valuated at 2.50 Euros and will open for trading at this price.

Current exchange rate is 1 dollar to every .7036 Euro. This means every Euro is equal to $1.42 US Dollars.

2.50 * 1.42= $3.55 per share
3.55 * 580,859= $2,062,049.45

Yes, your reading this correctly... The shares we hold are worth over 2 million dollars. The entire market cap for the company is 2.76 million right now and before the end of the year we may see the company convert these shares to cash.