FuelStream, Inc. (FLST)

[Green&Gold]

Regardless of the outcome of these proceedings, no one really knows what kind of liability Fuelstream will have in this. We can speculate and speculate, but the truth is the ex-CEO here is a lawyer. Lawyers are very good at setting up corporations to shield them from these types of situations. Companies buy other company's assets every day without assuming the liabilities. A company I worked for went through that very situation a few years back. And, the company I work for now is owned by a lawyer, and trust me there are loopholes everywhere that these guys know that can protect them from the liabilities of these types of situations. Bottom line is that we don't know.

I would dare to speculate also that the merger into Fuelstream may have been exactly for this purpose. Wagner will have to deal with this personally either way, but I have a feeling the company's business will be protected. That's just my opinion.