InvestorsHub Logo
icon url

Teaks1185

07/03/11 10:58 PM

#3439 RE: ManicTrader #3438


dd on $FOFU FOCUSED~ON~THE~BUSINESS~OF~POWERING~THE~NATION~OIL







http://www.youtube.com/watch?v=n8j4NJO7anw&feature=fvst


About


Company Description
Based in Newport Beach, California, Force Fuels, Inc. was incorporated in the State of Nevada on July 15, 2002 and initiated trading on the Over-The-Counter Bulletin Board under the symbol “FOFU” in April 2010. The primary products of the Company are regulated and standardized energy-based products, which do not require a marketing or sales force. These energy-based products include oil, natural gas, solar and wind.


In the oil and gas field, Force Fuels focuses on: 1) the purchase of marginally producing shallow oil wells, which are relatively inexpensive to operate and can be optimized with existing technologies; 2) the purchase of leases with potential for additional drilling in proven producing areas; and 3) the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization.


By investing in the established energy market, the Company can isolate itself from exposure to individual factors that could otherwise negatively affect its performance. By investing in proven technologies that generate an immediate benefit, Force Fuels can reduce exposure to negative economic impact. Also, by leveraging the tax advantages of renewable energy projects against the cash flow generated by oil production, the Company can maximize after tax earnings. The combination of these three factors represents the core business drivers behind Force Fuels.


Finally, the Company is open to exploring new strategic opportunities in the fast evolving energy industry. As technologies mature and standards are defined by industry, Force Fuels intends to be in the position to leverage its flexibility and know-how to respond quickly and decisively.





Security Details








Email from $FOFU TA, share structure is reported as follows from:


Standard Registrar and Transfer Co., Inc.
Transfer Agent
12528 South 1840 E.
Draper, UT, 84020
801-571-8844 begin_of_the_skype_highlighting 801-571-8844 end_of_the_skype_highlighting
standardregistrar@comcast.net


Outstanding: 10,666,875
Float: 6,169,957
Authorized: 100,000,000


Thank you!


FORM 10Q filed June 14, 2011 period ending April 30, 2011
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7993109


Shareholders of Record 224 a/o Dec 23, 2010


Sector: 1382 OIL & GAS FIELD EXPLORATION SERVICES





Business Model
The strategy of the Company is to invest principally in the acquisition or installation of energy-based assets, which can contribute immediately and substantially to cash flow through sales to local energy companies, thus only requiring external or government financing for subsequent acquisitions and not for operating expenses.


In the short term, Force Fuels will focus on maximizing revenue from its recent acquisition of more than 2,600 acres of oil-producing land with 49 oil strippers and five natural gas sites.


Subsequently, in the field of electrical energy production, the Company will focused solely on the exploitation of proven and established technologies that can generate a positive return on investment and tax benefits applicable to green energy and oil revenues. While naturally taking full advantage of current government assistance and incentives, we place a significant premium on the economic self-sustainability of all our projects and how new technologies and policies may affect us.





Industry Opportunities
A large number of oil and gas wells in the United States are owned by small producers and individuals.
The aging of the owner population, current economic challenges and recent improvements in extracting
and stimulation technologies, are culminating to form a unique opportunity:


• Poorly producing wells and smaller properties are often run without access to technical
expertise and are not maintained correctly. In many cases, production can be increased simply
by making a modest investment in maintenance and updated or refurbished equipment.
• Small property owners looking to “cash out” are typically too small for large operators.
• Many p roducers lack access t o f unds for production optimization, such as stimulation or well
depth modification.
• Several locations are strong candidates for higher well densities and increased production,
which, when combined with the drastic drop in drilling and pumping equipment costs, make
established reserves development desirable.
• New low cost technologies applicable to low/non-producing small plots: recent improvement in
technologies – once difficult to control, like nitrogen stimulation, or too expensive to implement
on a small scale, like chemical and mechanical fracturing – are now available for
implementation and are economically feasible


The Market
According to government forecasts, the price range (in 2007 dollars) for crude oil for the next ten years will remain in the range between $80 and $115 per barrel-1


US crude oil production in 2008 equaled 4,950,000 barrels per day.
21% of electrical energy generated in 2007 is from natural gas and 52% of US households are heated with natural gas. The majority of hydrogen produced in the United States is through reforming of natural gas.


Oil reserves in the United States are not being depleted. In 2007, the United States had 2% more proven reserves than in 2006-2
During the last 10 years, new yearly proven reserves have compensated for 96% of total oil production-3


1 EIA 2009 yearly forecast of crude oil prices. http://www.eia.doe.gov/oiaf/forecasting.html (thus not effectively reducing total available and proven oil reserves significantly).
2 DOE report on current oil and gas reserves 2008
3 Ibid


Products & Services





OIL AND GAS PROJECTS


“85% of producing oil wells in the United States are classified as marginal and produce less than ten barrels per day; however, only one in six barrels of oil produced in this country comes from a marginal well. At Force Fuels, we realize the value of domestic sources of supply to America's energy future, and we are currently involved in acquiring and improving low and moderate production oil properties with an eye to increasing their yield via modern, proven, technological methods."


The company owns 13 viable, mostly contiguous oil and gas leases located in Montgomery and Chautauqua counties in southern Kansas, comprising approximately 2600 acres of land.


The purchase included 49 fully equipped oil strippers and five natural gas wells; as well as five salt disposal wells complete with duplex/triplex pumps; all settling, stock and water tanks necessary to service the wells; and several miles of tubing.


Our most recent Independent Proven Reserves Report: Click Here for a copy estimates recoverable reserves in excess of 11 million barrels. http://www.forcefuels.com/proven_reserve_report.pdf


Force Fuels’ management team believes that the property has significant development potential due to the following considerations:


• The existing wells have been subjected to no or minimal secondary stimulation;
• The area boasts multiple pay zones placed between 600 and 2,000 feet.
Since the purchase we have implemented the first steps toward refurbishing and developing the property by:


• Repairing and rehabilitating the mechanics of existing wells and infrastructure
• Performing production test on selected fields
• Initiating a chemical refurbishing program on existing wells
• Analizing historical and geological data to develop a drilling program


FUTURE ENERGY PROJECTS


Wind and Solar programs are being developed to work in synergy with our oil activiews and will be implemented after establishment of positive cash flow.









Current News


Tuesday, June 7, 2011
Force Fuels Schedules an Additional 5 Oil Wells in Kansas Totaling 25, the Goal is 50 Total for 2011
PR Newswire (Tue, Jun 7)


Tuesday, May 31, 2011
Force Fuels Successfully Reopens 10 Oil Wells in Kansas, The Goal is 50 total for 2011
PR Newswire (Tue, May 31)


Tuesday, May 17, 2011
Force Fuels Announces Reopening of 10 Oil Wells in Kansas
PR Newswire (Tue, May 17)


Wednesday, April 20, 2011
Force Fuels Announces Reopening of 25 Oil Wells in Kansas
Marketwire (Wed, Apr 20)


Friday, April 15, 2011
Force Fuels Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
EDGAR Online (Fri, Apr 15)


Thursday, April 14, 2011
Force Fuels Announces an LOI for $1,500,000 Investment Non Dilutive to Shareholders
Marketwire (Thu, Apr 14)





MESSAGE FROM CHAIRMAN AND CEO


Welcome to our Investor Information Center!


On behalf of everyone at Force Fuels, we would like to welcome you to our online Investor Information Center. Here you will find a broad range of corporate data, SEC filings, leadership biographies, press releases, media coverage and other information about our Company and its business operations that we believe will be essential in helping you learn more about us.


We are committed to providing excellent service to our shareholders and to the Wall Street community, in general. To that end, we encourage you to share your questions and comments with us. If you require information that is not already posted to our site, please let us know! You can reach our investor relations counsel at info@forcefuels.com or by way of our “Contact Us” page.


Thank you very much for your interest in Force Fuels and for your ongoing support and encouragement.


Sincerely,
FORCE FUELS, INC.


Tom Hemingway
Chairman of the Board, Chief Executive Officer and President







Management





Thomas C. Hemingway
Chairman of the Board, Chief Executive Officer and President



A proven, highly experienced senior executive of high growth technology companies and a noted early pioneer of emerging Internet technologies, Tom has served as Chief Executive Officer of Redwood Investment Group, LLC since 2003.


From March 2011 to current Chairman of the Board, Chief Executive Officer and President of Force Fuels, Inc.


From 2006 through 2009, he also served as Chairman and COO of NextPhase Wireless, Inc, a publicly traded wireless connectivity company that specialized in integrated Internet, voice and data communication solutions; and from 2004 through 2006, he was Chairman and CEO of Oxford Media, Inc., a publicly traded company engaged in developing private broadband networks and proprietary software and hardware, content and support services for in-room entertainment and high-speed internet access to small and medium sized hospitality properties. From 1998 until 2003 when the Company was acquired by Oxford Media, Tom was Chairman of eSynch Corporation.


Prior to this, he was President and CEO of Intermark Corporation, a software developer and publisher serving the entertainment markets; President and CEO of Omni Advanced Technologies; and President and CEO of Intellinet Information Systems. In addition, he has served as a professional business consultant and advisor to several public and private companies, including Financial News Group, Smart House/LV, Great American Coffee Company, CBC and Pure Bioscience. Tom is a graduate of the State University of New York where he earned a Bachelor of Arts degree.


Donald Hejmanowski
Director, Treasurer and Vice President of Business Development



Don has served as a Director of the Company and Corporate Secretary from November 1, 2009 to the present. He is also currently the Secretary, Treasurer and a Director of H Y D, Inc., a Nevada corporation, a position he has held from 2002 to the present. HYD is in the business of providing business consulting services. He also served as the Vice-President of Corporate Communications and a Director of Vision Industries Corp. from December 2008 until May 2010. Vision Industries Corp. is a provider of electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems. He also has served as a Director of Ice Conversions, Inc., a California corporation, from November 2005 to March 2010. Ice Conversions is in the business of developing electric drive systems for installation in short-haul commercial trucks. From April 2006 to February 2009, Don served as a Director of US Farms, Inc., a Nevada corporation. US Farms, Inc. is a diversified commercial farming and nursery company. From January 2006 to September 2007, he was a Director of Cyclone Energy, Inc., a California corporation that sought to develop, distribute, and market alternative fuels and hydrogen fuels through the existing gas station infrastructure. He also served as a Director of LitFunding Corp. from June 2005 to September 2006. LitFunding Corp. provided funding for litigation primarily for plaintiffs’ attorneys. From November 2002 to April 2005, Don served as a consultant to American Water Star, Inc. a water bottling and distribution company.


Oil Advisory Board


Donald Hejmanowski
Chairman of the Oil Advisory Board
See above biography.


Daniel Molleker
Advisory Board Member

Dan has worked in the Kansas and Oklahoma oil and gas business for most of his life and has been involved in several development projects. From the time he began in the oil & gas industry, he has had indispensable hands-on experience in every phase of business; lease acquisition, drilling, completion, construction, production and maintenance. He continues to manage his own oil properties in the area. His knowledge of local geology and performance profile of oil wells in Kansas is extremely beneficial to the Company. Dan is also a prolific inventor, holding several successful patents related to oil production and other industries. He is the co-inventor of the nitrogen tracking and injection system licensed to the Company by Energy Recovery Systems.


Richard Coody
Advisory Board Member

Since 1980, Richard has served in management as an executive officer and/or owner of technology companies with an oil and gas or environmental focus. His technology experience began with Dowell Schlumberger, where he served as Manufacturing Manager from 1980-1993. During his tenure, Richard managed an extensive China development project that included technology transfer, training in design and assembly procedures, plant manufacturing training, as well as in the field at rig and well site locations. Since that time, he has had ongoing involvement in technology driven companies within the oil and gas and environmental industries.





Contact Info


Force Fuels Inc.
1503 South Coast Drive
Suite 206
Costa Mesa, CA , 92626
Website: http://www.forcefuels.com
Phone: 949-783-6723 begin_of_the_skype_highlighting 949-783-6723 end_of_the_skype_highlighting
Email: info@forcefuels.com







Penny stocks are very volatile, Always do your own Due Diligence.
icon url

LiquidOTC

07/03/11 11:01 PM

#3440 RE: ManicTrader #3438

i agree once people see the potential here should be solid action.

The Company changed the focus of its business plan and on April 23, 2010 signed an agreement with Pemco, LLC to begin the process of engaging in the new direction. The primary products of the Company will be regulated and standardized energy-based products, which do not require a significant marketing or sales force. These energy-based products include traditional hydrocarbon-based oil and gas, as well as green" or alternative" energy, which includes solar and wind. On March 31, 2011 the Company and Pemco LLC mutually agreed to terminate agreement dated April 23, 2010 above in exchange for one-half (50%) working interest in the Company's oil producing revenue. As the result of the Joint Operating Agreement, Pemco, LLC and Energy Recovery Systems released all remaining debts owed by the Company.

In the oil and gas field, the Company focuses on: 1) the purchase of marginally producing shallow oil wells, which are relatively inexpensive to operate and can be optimized with existing technologies; 2) the purchase of leases with potential for additional drilling in proven producing areas; and 3) the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization.