Based in Newport Beach, California, Force Fuels, Inc. was incorporated in the State of Nevada on July 15, 2002 and initiated trading on the Over-The-Counter Bulletin Board under the symbol “FOFU” in April 2010. The primary products of the Company are regulated and standardized energy-based products, which do not require a marketing or sales force. These energy-based products include oil, natural gas, solar and wind.
In the oil and gas field, Force Fuels focuses on: 1) the purchase of marginally producing shallow oil wells, which are relatively inexpensive to operate and can be optimized with existing technologies; 2) the purchase of leases with potential for additional drilling in proven producing areas; and 3) the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization.
By investing in the established energy market, the Company can isolate itself from exposure to individual factors that could otherwise negatively affect its performance. By investing in proven technologies that generate an immediate benefit, Force Fuels can reduce exposure to negative economic impact. Also, by leveraging the tax advantages of renewable energy projects against the cash flow generated by oil production, the Company can maximize after tax earnings. The combination of these three factors represents the core business drivers behind Force Fuels.
Finally, the Company is open to exploring new strategic opportunities in the fast evolving energy industry. As technologies mature and standards are defined by industry, Force Fuels intends to be in the position to leverage its flexibility and know-how to respond quickly and decisively.
Force Fuels, Inc. is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, [b]“FOFU”[/b], and within the OTCQB market tier. As such, Business, operational and financial information on FOFU is fully transparent and available to public view.
Visit http://www.otcmarkets.com/stock/FOFU/quote for more information.
Shares Outstanding 10,441,875 a/o Jun 13, 2011
Authorized Shares 100,000,000 a/o 4/30/2011
Par Value 0.001
Standard Registrar and Transfer Co., Inc.
12528 South 1840 E.
Draper, UT, 84020
Incorporated In: NV, USA
Year of Inc. 2002
Shareholders of Record 224 a/o Dec 23, 2010
Sector: 1382 OIL & GAS FIELD EXPLORATION SERVICES
HEADLINES OF INTEREST
Friday, September 30, 2011
- Force Fuels Begins Producing Natural Gas From Their Wells in KansasMarketwire (Fri, Sep 30)
Wednesday, September 14, 2011
- PURE Bioscience Engages Force Fuels, Inc. for Preliminary Testing and Product Research Using SDC in Petroleum IndustryBusiness Wire (Wed, Sep 14)
Thursday, September 8, 2011
- Force Fuels Announces Completion of Carroll Energy Geological and Drilling PlanMarketwire (Thu, Sep 8)
Tuesday, August 30, 2011
- FORCE FUELS INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material DefinitiveEDGAR Online (Tue, Aug 30)
Tuesday, August 23, 2011
- Force Fuels Announces the Appointment of Chief Financial OfficerMarketwire (Tue, Aug 23)
Monday, August 15, 2011
- Force Fuels Reports on Technology "250 to 300% Increased Flow on 5 of 10 Existing Wells"Marketwire (Mon, Aug 15)
Latest Press Release
Force Fuels Begins Producing Natural Gas From Their Wells in Kansas
Investor Relations Minataur Group www.minataurgroup.com (617) 379-0777
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