Fuelstream Corporation Announces Its First 2014 Revenue
May 06 2014 - 8:30AM
Marketwired
Fuelstream Corporation Announces Its First 2014 Revenue
SUNRISE, FL--(Marketwired - May 6, 2014) - Fuelstream,
Inc. (OTCQB: FLST) ("Fuelstream" or the "Company"), an
international reseller of Aviation Jet fuel, is pleased to
announces progress on its fueling operations in Africa by providing
revenue generating fuel uplifts to Global Airway. Fuelstream has
ramped up to six flights per week in its fueling contract and plans
to continue expanding its operations.
"These sales represent a milestone for Fuelstream that we are
very proud of. Management has worked diligently to achieve this
accomplishment. The new website and credit line are tremendous
building blocks in moving the Company forward to a level both
management and shareholders expect," said Fuelstream CEO, John
Thomas . Mr. Thomas continued, "Fuelstream announced the
availability of a credit facility on March 6, 2014. We are managing
the line and maintaining a solid payment history, which has
resulted in increases in the line. The increased credit line,
coupled with the proprietary website developed to allow clients to
access fuel pricing and other information on a real-time basis, are
resulting in increased fueling operations."
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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