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Raising the authorized and reverse splitting the outstanding = nothing good. This one's going the way of so many micro's before it, reverse.....dilute.....repeat.
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The Company believes that the recent increases in the numbers of orders that it has shipped and its marketing plan will enable it to significantly increase its sales during 2014. In addition, the Company has already taken many steps to reduce the amount of operating expenses that it incurs on a monthly basis. Lastly, the Company believes that it will be able to complete additional fundraising with several of its current shareholders or debt holders that will enable it to meet its business plan.
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MIAMI LAKES, FL--(Marketwired - Feb 27, 2014) - Fuse Science, Inc. (OTCQB: DROP) (www.fusescience.com), a consumer products and delivery technology company that is developing new, patent-pending technologies working to redefine how consumers receive energy, medicines, vitamins and minerals announced yesterday their financial results for its fiscal 2014 first quarter ended December 31, 2013.
Key Financial Results for the First Quarter Ended December 31, 2013
The Company had gross sales of $513,993 and reported net revenue of $313,993 for the quarter ended December 31, 2013 an increase of 671% as compared to net revenue of $40,711 for the prior year quarter-end December 31, 2012.
Loss from operations decreased $579,708 to $1,617,006 for the quarter ended December 31, 2013 as compared to $2,196,714 for the quarter period ended December 31, 2012.
Excluding non-cash charges, loss from operations decreased $549,927 to $495,737 for the quarter ended December 31, 2013 as compared to $1,045,664 for the quarter ended December 31, 2012.
Brian Tuffin, CEO of Fuse Science, Inc. states, "We continue to focus on the execution of our business plan. The aggressive steps in expense control and targeted execution of our plan has begun to move results in the right direction. We maintain our focus on advancing a series of strategic licensing and commercialization opportunities that we anticipate will be completed shortly. We believe these initiatives will accelerate growth in shareholder value by strengthening both our consumer products business and technology licensing revenue.
A full analysis of results for the period ended December 31, 2013 is available in the Company's Form 10-Q, which is available on the Company's website at www.fusescience.com or within the Filings section of the Securities and Exchange Commission's web site located at www.sec.gov.
To become "Powered By FuseŽ", visit your local Walgreens or Duane Reade store or go to www.poweredbyfuse.com.
About Fuse Science, Inc. Fuse Science, Inc. (OTCQB: DROP), is an innovative consumer products and delivery technology company based in Miami Lakes, Florida. Fuse Science holds the rights to new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals. The Company maintains the rights to sublingual and transdermal delivery systems for bioactive agents that can now, for the first time, effectively encapsulate and charge many varying molecules in order to produce complete product formulations which can bypass the gastrointestinal tract and enter the blood stream directly -- all in a concentrated "DROP" form that is simply applied under the tongue. The Fuse Science technology is designed to accelerate conveyance of medicines or nutrients relative to traditional pills and liquids and can enhance how consumers receive these products. Information about Fuse Science is available online at www.fusescience.com and www.poweredbyfuse.com or by calling 305-503-FUSE (3873).
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MIAMI LAKES, FL--(Marketwired - Mar 11, 2014) - Fuse Science, Inc. (OTCQB: DROP) (www.fusescience.com), a consumer products and delivery technology company that is developing new, patent-pending technologies working to redefine how consumers receive energy, medicines, vitamins and minerals announced today the launch of a comprehensive marketing campaign utilizing strategic assets and targeted consumer intelligence to reach their target market.
The marketing campaign began in early March by featuring four of Fuse's high profile athletes: Major League Baseball superstars David Ortiz, and Jose' Bautista as spring training began; Chicago Blackhawk Star Chris Versteeg as the Blackhawks push to defend the Cup; and ultra-marathoner Zoe Romano, who recently completed running the Tour de France on foot, (www.zoegoesrunning.com). Fuse anticipates that shortly, it will add golf and tennis to the campaign to aid in the education of what it means to be Powered By FuseŽ. The components of the campaign include intelligent "In-Stream TV Ads" via YouTube, which began airing March 10th, 2014, and will continue over the next several months. This effort allows Fuse ScienceŽ to educate and expose target consumers on what it means to be "Powered by FuseŽ with relevant content of interest.
In parallel with the In-Stream marketing campaign, Fuse ScienceŽ has also overlaid a comprehensive print and email campaign featuring these high profile athletes with consumer interaction. Lastly, Fuse ScienceŽ is advertising its consumer products via social media through an innovative program created by Personicom. The technology application, originally scheduled for broadcast last October, is now ready for placement starring two of Fuse's athlete partners, Jose' Bautista and Kris Versteeg. Both Bautista and Versteeg will be featured during personal messages to the end-consumer on Facebook.
The three advertising platforms will work in concert with each other to build brand awareness and educate consumers on how to get the most benefit from Fuse's consumer products, PowerFuseŽ, ElectroFuseŽ and EnerJelŽ.
Brian Tuffin, CEO of Fuse Science, Inc., states, "The new marketing campaign reinforces our point of difference and focuses on product education to drive trial and repeat for the brand. We feel the new ads are cutting edge and clearly break through the everyday clutter to deliver the Twist, Drop & Swish brand messaging."
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have you even read its 10q in its entirety?having to lower there prices?,they have to release another buttload of shares?.they estimate they need 3-5 million dollars?.not enuff stock for that.Take your money and run.76,000 dollars in sales in 3 months wont make this company worth anything.Only enough people pumping this pos will make it move.And this stock was run allready,why you think it climbed and then the bottom fell out of it.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?
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This may be part of the deal to sell/incorporate FUSE with MP or other entity. They might have to clean out whatever to meet requests by the partner/new owners. Have to wait & see.
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Now that it is very apparent that FUSE shareholders have been scammed and lied too. The SEC is asking all FUSE investors to contact them and file a complaint so they can track & investigate this disaster.
Contact: help@sec.gov and detail your thoughts-they cannot act without investor input.
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Traded a billion shares since the reverse and CEO says nobody inside is trading. Therefore a group of pumpers are working the tape & trades plus the former insiders may well be dumping. Very interesting to see how this pink is manipulated.
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Spiral Energy Tech, Inc. Announces Patent Filing
Nov 20, 2014 (eTeligis.com via COMTEX) -- LONG ISLAND, NY, United States, via ETELIGIS INC., 11/20/2014 - - Spiral Energy Tech, Inc., ("SETI"), a Fuse Science (OTC Pink: DROP) (PINKSHEETS: DROP) subsidiary, today announced that it has filed for Patent protection in the U.S. and foreign countries for the proprietary Drone support technology, Energy Demand Network or "EDEN". The proprietary technology enables the long distance flight required for drone based commerce without the need to return "home" every 15 minutes to recharge. The technology allows a drone operator to travel many miles outside of its "home range" allowing for a flight path of numerous miles limited only by our EDEN network of SkyPorts. This network is being developed for several states with planned nationwide deployment.
Conventional long distance flight planning requires combustion engines with fuel bladders or tanks that would allow it to cover large distances however it is expected that government regulatory agencies will not be permitting their mass deployment due to the nature of their design. SETI has designed and is currently developing the modular SkyPorts allowing for the "refueling" of electrical powered drones for long distant flight and commercial applications. Home deliveries and business-to-business applications will be able to thrive regionally with national capabilities.
SETI is a technology company with several patent awards that utilizes renewable energy to power the conventional and unconventional products with quality in mind.
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The company is pleased to announce the appointment of David Delke. David and makes his home in Jacksonville FL . David is the founder of jumbbble.com a CRM software platform. David brings years of experience in software engineering and building digital products and services. David is on Twitter @itsred62. Jumbbble Twitter account is @jumbbble.
The company accepts the resignation of interim management Miro Zecevic. Miro Zecevic is a principal of Mina Mar Group an M&A firm in West Palm Beach Florida
The company accepts the resignation of Nevada custodian Brandon Dean.
As part of the resignation and corporate restructuring the company has recapitalized with preferred Class A shares 1 Million shares with 1- 10,000 super voting and convertible rights
The company has commenced work on bringing jumbbble to the market as part of DROP. This software platform is a CRM (customer relationship management) platform focused on live video customer service, sales, and support with a vast product roadmap and long-term vision in remote assistance and customer support, service, sales and success.
The management is of the opinion that this is a material event and as a voluntary SEC filer is making the market aware of its activities. The management is applying to OTC Markets to gain access to OTCIQ in order to file its periodic filings and get the company current.
The company has no existing debt.
The Company intends to do a name change in concert with its new business. The management does not anticipate disturbing the share structure with any sort of a share stock split.
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