Replies to post #23616 on FuelStream, Inc. (FLST)

[steven11111]

Can't raise the AS
Because the 4 billion convertible won't cover the final reverse

[BigAlBalbosci]

perhaps that will change:


Excerpts from FLST Form S-1/A-1 filed on April 22, 2014 which they are now withdrawing (canceling)??
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1/A-1

x REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
x Pre-effective Amendment No. 1
¨ Post-effective Amendment No.
FUELSTREAM, INC.
Approximate Date of Proposed Public Offering: As soon as practicable after the effective date of this Registration Statement.

If any of the securities being registered on this form are offered on a delayed or continuous basis in reliance on Rule 415 under the Securities Act of 1933, other than securities offered in connection with a dividend reinvestment plan, check the following box.

Title of Securities Being Registered

Amount Being Registered (1)
Proposed Maximum
Aggregate
Offering Price (2)
Amount of Registration Fee (2)

Common Stock ($0.0001 par value) 42,505,433 $340,043.46 $43.80

(1) Represents the number of shares being registered for resale by the selling stockholder pursuant to the conversion of a certain convertible note issued by the Registrant, which is convertible based on a 40% discount to the average of the three lowest daily volume-weighted average prices as reported on the OTCQB for the ten trading days ended April 16, 2014. In the event of a stock split, stock dividend, or similar transaction involving our common stock, the number of shares registered shall automatically be increased to cover additional shares of common stock pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”).