MIAMI, Dec. 24, 2014
/PRNewswire/ -- Fuego Enterprises, Inc. (OTC Pink: FUGI) is
pleased to announce that over the next several weeks, we plan on
rejoining the reporting program with OTC Markets in order to be
more transparent and keep our shareholders more informed about the
Company. We plan on posting our missing financial reports, and
becoming fully compliant with the reporting requirements of the OTC
Markets.
CFO Ed Steinback stated, "We are
pleased about this improvement in the market categorization of the
company as it relates directly to the improvement in our management
and in our level of financial and corporate disclosure. We have
worked toward this for some time now, and this up-listing will
demonstrate our commitment to our shareholders. Over the next year
we plan to perform the necessary audits to bring our financial
reports to the highest level for OTC Markets."
"We look forward to being transparent and maintaining the open
communication through our filings and press releases," said
Hugo Cancio, CEO of Fuego.
"Washington and Havana are
establishing diplomatic relations and the Cuban economy is
opening up to investment from the US, our time has come to
move our company forward and continue our progress. Assuming
successful execution of our plans, we anticipate a successful year
in 2015."
contact: Ariel Machado (702)
738-0451
About Fuego Enterprises, Inc.
Fuego Enterprises, Inc. is a diversified holdings company focused
on business opportunities in Cuba
and the United States with
operations in Media and Entertainment, Telecommunications, Travel
& Real Estate. Fuego Enterprises also publishes two magazines:
OnCuba and ART OnCuba, the first Cuba-focused monthly and quarterly bilingual
magazine publication with national distribution in the U.S. Both
magazines are published in hard copies and electronic formats and
is distributed in select Barnes & Noble stores throughout
the United States. It is also
distributed in Cuba and is the
official and exclusive "in-flight" magazine for almost all flights
from the U.S. to Cuba.
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SOURCE Fuego Enterprises, Inc.