FuelStream, Inc. (FLST)

[CHUCKY13]

why is it they cant get financing, they do have a good business model which has been successful for world fuels for years, they were quite successful for a long time as AFI under the same model, but yet cant get anyone to help get them credit lines. They actually only need letters of credit or of course cash to post with fuel suppliers in case of default. THey could or should be able to make any investors comfortable by pledging the receivables from fuel supply contract and doing direct billing.

The answer is that the truth lies in the numbers and the margins. THe real numbers are that the industry is so competitive that the margins on fuel sales in The US are only around 1.5-3% and there is not enough margins to interest anyone. They have higher margins between 3-7% on international business but NO ONE can control or secure reasonable payments from foreign companies and airlines and charters alike which is there has no one stepping up for this. When you take the slim margins along with rcvbls ins and everything else involved everyone just keeps saying NNNNNOOOOO!!!!!!!