Thursday, July 11, 2013 8:59:36 AM
On June 29, 2013, Juan Carlos Ley resigned as interim Chief Executive Officer and Secretary of Fuelstream, Inc. (the “Company”).
On June 25, 2013, Fuelstream, Inc. (the “Company”) disaffirmed its obligation to pay one million dollars ($1,000,000) to Sean Wagner, as set forth in that certain Stock Purchase Agreement (“SPA”) between the Company and Sean Wagner, dated December 14, 2011. A summary of the principal terms of the SPA were set forth in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 16, 2011.
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