Fuelstream Adds New Locations for Fuel Deliveries and Provides Update on Sales
June 27 2014 - 8:30AM
Marketwired
Fuelstream Adds New Locations for Fuel Deliveries and Provides
Update on Sales
SUNRISE, FL--(Marketwired - Jun 27, 2014) - Fuelstream, Inc.
(OTCQB: FLST) ("Fuelstream" or the "Company") is pleased to
announce two new locations for fuel deliveries. Fuelstream is now
providing fueling and logistical services at airports in Lusaka,
Zambia and Kampala, Uganda. Lusaka is the capital of Zambia, as
well as the largest city. Lusaka has been called one of the
fastest-developing cities in Southern Africa, Kampala is the
capital of Uganda and its largest city. Fuelstream has already
commenced fuel delivery service at both airports.
In an effort to answer shareholder questions regarding sales, we
committed to releasing preliminary sales figures for our Second
Quarter ending June 30, 2014. On the advice of our legal counsel,
we will not release specific numbers. Sales for the first two
months of our Second Quarter were more than double the first two
months of our previous quarter. We expect to file our Second
Quarter sometime in mid-August.
Kevin Blanco, Vice President of Sales for Fuelstream, stated
"Each fuel delivery location we add is basically another potential
revenue stream. We expect to announce several more in the coming
months."
About Fuelstream
Fuelstream is an operating fuel logistics company that
concentrates its supply chain management efforts in the
distribution of aviation fuel to corporate, commercial, military,
and privately-owned aircraft throughout the world. Currently, a
majority of the Company's fuel and related services are
concentrated in the sourcing, purchase and delivery of (Jet-A) fuel
"into the wing" of private and commercial aircraft at various
airports. With offices in Sunrise, Florida and Johannesburg South
Africa, the Company intends to supply a variety of ground services
either directly or through its affiliates, including concierge
services, passenger and baggage handling, landing rights,
coordination with local aviation authorities, aircraft maintenance
services, catering, cabin cleaning, customs approvals, and
third-party invoice reconciliations. For more information please
visit www.thefuelstream.com.
Safe Harbor and Forward-Looking Statements
This press release contains certain forward-looking statements
regarding possible future circumstances. These forward-looking
statements are based upon the Company's current expectations and
assumptions and are subject to various risks and uncertainties that
could cause actual results to differ materially from those
contemplated in such forward-looking statements including, in
particular, any risks and uncertainties with respect to the
Company's operations, as well as those contained in the Company's
quarterly, annual, and periodic filings with the Securities and
Exchange Commission. Actual results, events, and performance may
differ. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as to the date hereof.
The Company undertakes no obligation to release publicly any
revisions to these forward-looking statements that may be made to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events. The inclusion of any
statement in this release does not constitute an admission by the
Company or any other person that the events or circumstances
described in such statements are material.
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