Xfuels Inc (XFLS)

[DaReal]

Half a Billion Mcap...
The HQ Address of this so called Company is:
Av. Presidente Medice,120 Room#1 Floor 1 Osasco, São Paulo



and yes it is 120


Wonder why they have not even a Sign up there like the Dentist or the Law Office or SolContadores

From the last 10Q (prior to the Capital Change=shs increased by 175 for 1 split. Ex-date=05/28/2013. Rec date=05/08/2013. Pay date=05/24/2013 doesn't it require some sort of Filing like an 8K anyways?)

LIQUIDITY AND CAPITAL RESOURCES

As of January 31, 2013

As of January 31, 2013, our current assets were $40 compared to $7,583 in current assets at April 30, 2012. As of January 31, 2013, our current liabilities were $28,277. Current liabilities were comprised entirely of $28,277 in advance from director.

Stockholders’ equity decreased from $2,459 as of April 30, 2012 to $(28,237) as of January 31, 2013.

Cash Flows from Operating Activities

We have not generated positive cash flows from operating activities. For the Nine month period ended January 31, 2013, net cash flows used in operating activities was $23,396 consisting of a net loss of $30,696 and prepaid expenses of $7,500. Net cash flows used in operating activities was $52,037 for the period from inception (June 2, 2010) to January 31, 2013.

Cash Flows from Financing Activities

We have financed our operations primarily from either advancements or the issuance of equity and debt instruments. For the Nine month period ended January 31, 2013, net cash provided by financing activities was $23,353, consisting entirely of director’s loan. For the period from inception (June 2, 2010) to January 31, 2013, net cash provided by financing activities was $52,077 received from proceeds from issuance of common stock and advance from director.

Yesterday ~1.5M shares were traded at 75cts that's a whooping $1.1M income for the selling Insiders/Seed holders while the Company hasn't reported the sale of a single piece of wood yet.
Just WOW