Replies to post #5782 on Fuego Enterprises, Inc. (FUGI)

[smartinvestment]

Well, I understand what you are explaining and it makes sense... Thank you.

It seems you know the company CEO very well, if he is a person of integrity and cares about the people that has believed in him and supported him like you claimed you have done, then is fare to say there is no reason to doubt his intentions now..

As far as I know, and I have never spoken to him, I did speak to Ariel Machado, Hugo has never sold a single shares, in reading FUEGO's financial statement and footnotes, he las loaned FUEGO hundreds of thousands of dollars of his personal funds, and have not charge any interest to the company. He has not taken a salary for his work as CEO nor he has sold shares in the company nor engaged in any kind of unhealthy capital raise instruments like must pink sheets company do.. That tells me something about this men and his vision but I could be wrong, You know him apparently, so you should know more than me.

Also, according to the Nevada Secretary of State, CBDG has 100 million shares authorized.. Hugo or Fuego management can still decide at a later day or any day to issue a dividend to FUEGO shareholders from it wholly owned subsidiary ..

Another scenario could be Hugo wants a higher share price to move to a higher board like AMEX of Nasdaq, assuming FUEGO meets the requirements.

I don't know, what is going to happen, all I know is I have never known a publicly traded company so tiedly held, not diluting, not raising millions of dollars in pipe deals or convertible debentures, or acting as a private company. I have never seen a public company CEO that does not sells shares and loan his personal money to its public company. Have you?

It seems they are really working really hard to built this company. Just my opinion.


Cheers.

[strike4]

If Hugo and company can get the price up before then to $5.00 per share or higher, then I will just barely break even.

Well for Bear to break even the stock would have to go to 30.00 plus dollars AND THAT does not include the 10 grand Hugo took and never paid back.... My other friend around 20 plus dollars.. We all know how R/S work, its to sell stock to gain capital which of course follows the same pattern as many other PINK SHEET stocks. Shares issued goes up thus diluting the value.. The only reason for the R/S was to issue more shares for capital at the cost of those who were loyal to him... Now with regards to Dan York Hugo has not called him since his stroke.. Was Dan owed a salary over the years as IR YES did he get paid anything after his stroke NO. Only thing Dan received while IR was some stock which right now is not worth a bill of beans.. Here is the bottom line we do not know if there are other Bear repeats out there. I do not see any filing showing the 10 grand he loaned Hugo.. The Company stopped filing we do not know the whole story here. Hugo's word means nothing to me..