FuelStream, Inc. (FLST)

[john runyon]

AFI was out of business basically and not selling fuel to anyone. They cashed in all of their collateral they had with the fuel companies and had completely stopped fueling any planes. Their revenues fell from 22 million to virtually nothing overnight. THye have judgements against them for not paying fuel bills and garnishments etc.....

Considering all of the cast of characters involved that I mentioned have a long history and a trail of companies being set up just to trades stock I believe says enough.

The company has lived off selling stock for the past 2 years. They have done 30k YTD of revenues, They brought in over 400k from stock sales or debentures and have done nothing but pay personnel and salaries, they never used it to buy fuel or the revenues would be higher. They keep saying the business is there if they had money for fuel but they did have money for fuel and did nothing positive with it.

They have been issuing stock like water to consultants who haven't produced anything positive to deserve millions of shares or the revenues would be more than 30k.

AFI was a mutli million dollar fuel supplier when they had big credit lines with fuel suppliers and terms and letters of credit with fuel suppliers as security and were given payment terms.

Now they have a black eye in the industry, no credit facilities, cashed in and liquidated before the merger all cash deposits and Letters of credit, no one jumoping to loan them real money to get started again etc.....

they are not generating enough revenue to pay their own bills as you suggested would be good.