Primary SIC — Industry Classification 6770 - Blank Checks State Of Incorporation NV Jurisdiction Of Incorporation USA Company Officers Tim Brink, CEO Josh Crescenzi, Dir. Corp. Communications Ernesto Haberer, Vice President
SEC Reporting Status SEC Reporting Company CIK 0000859365 Estimated Market Cap 823,987 as of Apr 1, 2008 Outstanding Shares 49,938,611 as of Apr 23, 2007 Current Capital Change shs increased by 3 for 1 split Ex-Date: Apr 23, 2007 Record Date: Apr 13, 2007 Pay Date: Apr 20, 2007 Company Notes Formerly=Coronado Industries, Inc. until 3-07 Note=1-97 State of Incorporation New York changed to Nevada Formerly=Logical Computer Services of New York, Ltd until 8-96 Security Notes Capital Change=shs decreased by 1 for 100 split. Pay date=02/05/2007. Capital Change=shs decreased by 1 for 10 split. Effective date=2-21-06 Capital Change=shs decreased by 1 for 5 split. Effective date=8-31-96 New Issue=3-90 25,000 shs at 90 cents (best efforts-all or none) by the company Transfer Agent Integrity Stock Transfer, 3027 East Sunset Rd. Suite 103 Las Vegas, NV 89120
Investor Relations Firm Administrative Outsource Services, Inc. 14255 U.S. Highway 1 Suite 209 Juno Beach, FL 33408
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SEC FILE NUMBER
NOTIFICATION OF LATE FILING
(Check One) [X] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q
[ ] Form 10-D [ ] Form N-SAR [ ] Form N-CSR
For Period Ended: December 31, 2007
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For Transition Period Ended: ______________________________
Read Attached Instruction Sheet Before preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
PART I REGISTRANT INFORMATION
Full Name of Registrant: Continental Fuels, Inc.
Former Name if Applicable:
600 Travis, Suite 6910
Address of Principal Executive Office (Street and Number)
Houston, Texas 77002
City, State and Zip Code
PART II RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on Form 10-KSB, Form 20-F, 11-K. Form N- SAR or Form N-CSR, or portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-QSB, the subject distribution report on Form 10-D, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
[ ] (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III NARRATIVE
State below in reasonable detail the reasons why Forms 10-KSB, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof could not be filed within the prescribed period. (Attach Extra Sheets if Needed)
Continental Fuels, Inc. (the “Registrant”) was not able to complete its Form 10-KSB for the fiscal year ended December 31, 2007, by the close of business on March 31, 2008, because certain supporting documents required for the completion of the audit of the Registrant’s financial statements for the period ended December 31, 2007, could not, without unreasonable effort or expense, be prepared and provided to the Registrant’s independent accountants early enough to allow for the completion of the audit of the Registrant’s financial statements. Thus, the Registrant requires additional time to properly complete and file its Form 10-KSB for the fiscal year ended December 31, 2007.
The Registrant will file its Form 10-KSB for the fiscal year ended December 31, 2007, no later than the fifteenth calendar day after the due date of such Form 10-KSB.
PART IV OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Timothy Brink (210) 558-2800
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the Registrant was required to file such report(s) been filed? If the answer is no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof:
[ ] Yes [X] No
If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
Continental Fuels, Inc
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date: March 31, 2008 By : /s/ Timothy Brink
Chief Executive Officer
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
| IP: Logged |
I played this a month or so ago and am holding some freebies on this one. The company said reason for the drop was selling by some disgruntled former employees, if that holds true and it was not dilution this could have a nice bounce.
-------------------- "Remember that time is money." Posts: 412 | From: Murfreesboro | Registered: Oct 2006
| IP: Logged |
Not the best filing negative 95 million in revenue. Not sure why the huge cost of production to only have a gross profit of 2 million on 27 million isn't very good IMO. They need to cut costs huge to get this thing into a profitable company probably would take years not months.
Posts: 795 | From: Brown Deer, WI 53223 | Registered: Feb 2004
| IP: Logged |