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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » Force Fuels FOFU (Page 1)

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Author Topic: Force Fuels FOFU
mrchipper
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this stock seeing alot of buzz around town in penny land , had a nice 24 % gain on avg. volume today
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mrchipper
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with the ongoing good news we see from this company one can only see higher pps imo. keep up the good work FOFU no more foreign oil
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mrchipper
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$FOFU a very strong chart showing growing accumulation mfi at 77 and rsi in the power zone on a daily time period
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mrchipper
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$ FOFUNice mfi indicator showing no selling and with small buys coming in its only time before she goes on the great news the last week or so . People i called EVCA to .005 this week in the chat room last sunday it hit .0065 pay attention to this stock
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mrchipper
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$FOFU looking for continuation of buying volume to come in again this week . If mfi holds above 70 and the rsi continues to rise we will have a winner
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mrchipper
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$FOFU news out today

http://ih.advfn.com/p.php?pid=nmona&article=46468735&symbol=FOFU

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mrchipper
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Force Fuels Upgraded to OTCBB NEWS

http://finance.yahoo.com/news/Force-Fuels-Upgraded-to-iw-2837763299.html?x=0&.v= 1
this was news from two weeks ago, this company is moving in the right direction

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mrchipper
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FOLKS when you see upgrades on stocks pay attention this stock up 50% since upgrade. $FOFU going higher imo. to good not to
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mrchipper
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Vice-President and Director of $FOFU Force Fuels, Tom Hemingway, believes that this 4-phase program should push oil production to levels in excess of 10,000 barrels per month for the Company within two years. Per the plan, operations will be continuously profitable from the start of the 2011 forward. At current oil prices, Force Fuel anticipates that it will be generating $1 million per month in gross revenues from the Kansas property alone.
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mrchipper
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$FOFU holding here, pullinback a bit after nice 50% run Friday
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mrchipper
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very nice buying volume once again today and both accumulation indies are again rising $FOFU getting well deserves attention
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mrchipper
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lots of chatter on $FOFU as to be expected with the volume and such a low float, one of the biggest things about penny stocks is patience
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mrchipper
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$FOFU all eyes on this one even the big PR firms paying attention to this company, seeing the full potential of what they can do with existing wells and at what cost to bring them in
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mrchipper
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$FOFU we are seeing nice continuation play today and is a nice sign she has gained traction in the otcbb world look for more upside next week u all have a great weekend
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mrchipper
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Hope you all have been paying attention to not only this stock but others that our gang have been posting about. We only deal with real companies not shell waiting to be sold. $FOFU Dec quarter end should be out soon due, should have some nice information in it and expect a PR to follow...keeping an eye on FOFU - this will fly once it hits [Big Grin]

In the last few weeks we have seen this company blossom from having been up listed and existing wells positive revenue report

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mrchipper
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well i hope you all paid attention to my call on this one its not done $FOFU is very strong company that is in a good sector
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mrchipper
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$FOFU had a nice low volume technical pullback , im glad to see that so we can see the day flippers have pulled out, giving INVESTORS now a clear path to higher ground imo
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mrchipper
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Compensated Awareness Post - View Disclaimer
$FOFU.OB~ 1.2 Float, 7.4 outstanding. With last weeks breakout above that 100d sma, she looks like shes setting up again imo
PAT ATTENTION Folks this week may be a gooder

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mrchipper
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So far we have been right on the money with the growth of this company over the last month or so. This company has great potential and it looks like the peeps are catching up with latest news from $FOFU. whats cool is its protecting its share holders by not getting loans fron so called consulting companies. lol
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mrchipper
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Look for accumulation next week no matter how small or large, so long as we see positive volume with out large chunks of sells , it will signal a longer and safer move higher in the weeks and months to come. $FOFU again sharing all information as it comes out, and a current filing company. Please visit pinksheets.com and click the financials tab and take the time to read and understand them Folks if you dont know whats in them find out before you buy them. Trust me I learned the hard way and know very successful at pennies
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mrchipper
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$FOFU we going to be here for a long time. and we will see nice gains for our loyal investors, does someone hear a train coming tomorrow . Remember folks a full reporting and transparent company. Dont miss the train
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mrchipper
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accumulation is the key to any stocks success to get to the next tier in a stock price, you must form a base as you go, $FOFU took another step in that direction.Not bad at all for FOFU closed up 23% yesterday and looking for it to trade back to the top of the trading channel today
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mrchipper
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The new CEO for $FOFU Thomas C. Hemingway has a long outstanding history, please take some time to look through some these filings from the previuos companies that have very succesful
http://yahoo.brand.edgar-online.com/PeopleFilingResults.aspx?PersonID=2793818&Pe rsonName=THOMAS+C.+HEMINGWAY

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mrchipper
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$FOFU ok we have a channel going on here . 60 minute chart shows we are channeling from .10 to .26 range. As you see when the stock hit .10 she bounced and now we sit at .16. There is another 60% left to the top of the channel and the 100 day ma line sits there as well
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mrchipper
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$FOFU all I can say if you see a stock getting bid whacked with small selling on the ask, it only can mean one thing. Someone knows something we dont know
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mrchipper
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$FOFU continues to trade in a very tight range and low volume hearing news on Wednesday so be looking for some good results from that imo
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Jamesk
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PYBX is going to hit some highs tomorrow
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Homersbud
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MrChipper is a paid pumper....he don't care what the stock does, he gets his 100k shares no matter what.

News today, the worthless IRP group can't even move it...lol

Company could have put the money to better use them these idiots.

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CAPTNEMOS
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a stock will never move up if they keep issuin shares every month can it?stock is garbage.

In August, 2010 the Company issued 100,000 shares of common stock for consulting services at the market rate of $0.65 per share, or $65,000 in the aggregate.

In September, 2010 the Company issued 500,000 shares of common stock upon the default of a note payable. The shares were valued at the market rate of $0.45 per share, or $225,000 in the aggregate.

In September, 2010 the Company issued 60,000 shares of common stock as a loan inducement fee. The shares were valued at the market rate of $0.26 per share, or $15,600 in the aggregate.

In October, 2010 the Company issued 150,000 shares of common stock as payment for prepaid consulting fees valued at the market rate of $0.45 per share, or $67,500 in the aggregate.

In October, 2010 the Company issued 25,000 shares of common stock for services rendered. The shares were valued at the market rate of $0.45 per share, or $11,250 in the aggregate.

In November, 2010 the Company issued 300,000 shares of common stock for services rendered. The shares were valued at the market rate of $0.35 per share, or $105,000 in the aggregate.

In December, 2010 the Company issued 150,000 shares of common stock for services rendered. The shares were valued at the market rate of $0.20 per share, or $30,000 in the aggregate.

In January, 2011 the Company issued 700,000 shares of common stock for services rendered. The shares were valued at the market rate of $0.10 per share, or $70,000 in the aggregate.

F-14

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WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?

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CAPTNEMOS
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At January 31, 2011, we had $3,000 in cash and cash equivalents and our current liabilities consisted of $239,772 in accounts payable and accrued expenses, $253,066 in notes payable and convertible notes, $1,352,265 in notes payable relating to the purchase of oil and gas property, and $536,663 in accrued officer salaries.

For the six months ended January 31, 2011, net cash used in operating activities was $141,342, inclusive of a $1,164,593 net loss for the six months ended January 31, 2011. Additional significant factors effecting cash flows from operations were depreciation charges of $9,878, common stock issuances for services totaling $430,183, a loss on settlement of debt in the amount of $225,000, amortization of debt discount totaling $62,463, a change in inventory of $52,291, an increase in accrued officer salaries in the amount of $225,833, and a change in accounts payable and accrued expenses amounting to $15,513.

Cash used in investing activities during the six months ended January 31, 2011 totaled $2,500, all of which related to the Company’s note receivable from a related party.

Net cash provided by financing activities was $60,000 for the six months ended January 31, 2011, resulting primarily from proceeds from notes payable in the aggregate amount of $105,000, partially offset by payments on notes payable in the aggregate amount of $45,000.

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WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?

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CAPTNEMOS
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At January 31, 2011, we had $3,000 in cash and cash equivalents and our current liabilities consisted of $239,772 in accounts payable and accrued expenses, $253,066 in notes payable and convertible notes, $1,352,265 in notes payable relating to the purchase of oil and gas property, and $536,663 in accrued officer salaries.

For the six months ended January 31, 2011, net cash used in operating activities was $141,342, inclusive of a $1,164,593 net loss for the six months ended January 31, 2011. Additional significant factors effecting cash flows from operations were depreciation charges of $9,878, common stock issuances for services totaling $430,183, a loss on settlement of debt in the amount of $225,000, amortization of debt discount totaling $62,463, a change in inventory of $52,291, an increase in accrued officer salaries in the amount of $225,833, and a change in accounts payable and accrued expenses amounting to $15,513.

Cash used in investing activities during the six months ended January 31, 2011 totaled $2,500, all of which related to the Company’s note receivable from a related party.

Net cash provided by financing activities was $60,000 for the six months ended January 31, 2011, resulting primarily from proceeds from notes payable in the aggregate amount of $105,000, partially offset by payments on notes payable in the aggregate amount of $45,000.

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WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?

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CAPTNEMOS
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Our registered independent accounting firm expressed substantial doubt as to our ability to continue as a going concern in its report on the accompanying financial statements for the period ended January 31, 2011 based on the fact that we do not have adequate working capital to finance our day-to-day operations. Our continued existence depends upon the success of our efforts to raise additional capital necessary to meet our obligations as they come due and to obtain sufficient capital to execute our business plan. We intend to obtain capital primarily through issuances of debt or equity or entering into collaborative arrangements with corporate partners. There can be no assurance that we will be successful in completing additional financing or collaboration transactions or, if financing is available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we may be required to further scale down or perhaps even cease the operation of our business. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments. Our financial statements do not include any adjustments that might result from the outcome of this uncertainty.

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WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?

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Homersbud
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lol...such a pos.
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CAPTNEMOS
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yep/ive seen too many people put there savins into these stocks just to watch it dwindle.do your homework people.

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WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?

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mrchipper
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$FOFU debt reduction , no share dilution Acquisitions, what are you people waiting for , Its amazes me that we have a current and transparent company and we cant get more peeps to see the value here
Posts: 119 | From: florida | Registered: Oct 2010  |  IP: Logged | Report this post to a Moderator
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