U.S Fuel Corp. (fka USFF)

[DaveSmith08004]

From what I understand Mr. Drinkwater was one of the founders of the fuel concept years ago, 2005. He was supposto receive 25%. He choose to take less and more important than that, the company did not give him any shares. His shares and all of the executives were tendered by the funder. The actual funder G&A Capital satisfied all of the executive compensation due out of their own pockets. G&A also absorbed almost 6mm in debt and that will be appearing on the next 10-k to be filed for 2012. G&A did something that no other funding vehicle would ever do. Because of that the ceo, Stan, etc took less because of the faith that the funder has in Harry Bagot.
While it is unfortunate for the delay I believe that it will be MORE beneficial to have the filings all done to Harry's standard.
They are paying big big money to do these filings correctly to an extreme high standard. The money is coming out of their personal pockets.
Everyone is in for the big pay day...

My current holdings are slightly over 1MM shares at an average price of $.106 / share