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Tuesday, 04/17/2007 3:32:15 AM

Tuesday, April 17, 2007 3:32:15 AM

Post# of 7596
** Past Successful Reverse Mergers: CFUL-(CNDO)

1. Jan.26, 2007 CNDO (an OTCBB shell) – announces sale of majority of its stock and subsidiary companies for relief of debt. Also announces an upcoming 1:100 R/S. Will result in an empty clean shell.

2. 1:100 R/S happens on Feb.5, 2007.

3. New float was 1.3 million.

4. No one knew what was going on, who was going to take over the shell, or if it would get diluted to hell.

5. 8K Filing of Feb.26, 2007 – CEO of CNDO resigns, and a big Oil Chief takes the helm as CEO. Also announced is a name change to “Continental Fuels Inc".

6. Stock begins its rise from $0.25 to $8.60 (3300% gain)

7. Mar.14, 2007 – Continental Fuels introduces itself in a PR – it is pursuing acquisitions.

8. Mar.19, 2007 - UPDA releases news that it is selling $7.5 million in oil assets to CFUL.

6. Mar.23, 2007 - CNDO (Coronado Industries Inc) changes name and symbol to CFUL (Continential Fuels Inc).

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FOUNTAIN HILLS, Ariz., Jan 26, 2007 (BUSINESS WIRE) -- Management of Coronado Industries announces today the sale of a majority of its stock and controlling interest and the sale of its subsidiary companies for relief of debt. Coronado's European contracts will remain in force at this time with Coronado Industries.
New management, capitalization and products will be introduced in the near future. As part of the recapitalization a 100 to 1 reverse split will be implemented in the upcoming weeks.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.
SOURCE: Coronado Industries
CONTACT: Coronado Industries
Richard Smith, 480-837-6810
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8-K FILING: On February 26, 2007, Mr. Peter Gelb submitted to the Registrant his resignation from all his executive officer positions with the Registrant, including his position as Chief Executive Officer of the Registrant. Mr.Gelb’s resignation as Chief Executive Officer shall become effective on March 1, 2007. Mr. Gelb shall continue as a director of the Registrant and remain the Chairman of the Registrant’s Board of Directors.

On February 26, 2007, the board of directors of the Registrant approved the appointment of Mr. Timothy Brink as Chief Executive Officer of the Registrant. The appointment of Mr. Brink as Chief Executive Officer shall become effective on March 1, 2007.

Timothy Brink has 17 years experience in Petroleum retail operations. Mr. Brink has worked as a successful operational manager for several large companies including Southland Corp., Circle K, and Amerada Hess, Inc. Mr. Brink has also been employed as an Operations Manager by Garb-Ko, a 7-11 franchise chain in Michigan, Indiana, and Ohio. Mr. Brink specializes in developing marketing strategies to promote sales and overall profitability to meet long-term financial goals. While employed at Amerada Hess Mr. Brink was promoted into franchise operations (also called the Branded Retailer program). Mr. Brink aggressively signed up new accounts and outperformed the company’s expectations. The Branded Retailer program helped Amerada Hess establish their desired market share. In 2001, Mr. Brink started his own chain of petroleum retail outlets in Florida. Mr. Brink sold his interest in the company in January of 2005. Since 2005, Mr. Brink has been actively involved in oil trading and consulting.

Prior to 1990, Mr. Brink served 6 years in the United States Air Force. He was an electrical avionics communications and navigation specialist. While serving as a Non-Commission Officer in the United States Air Force, Mr. Brink was a full time student. He attended the Community College of the Air Force, Florida State University, and Troy State University. Mr. Brink received a degree in Avionics System Technology, Electrical Engineering Technology, and a Masters in Business Management.

The Board of Directors of the Registrant currently consists of two members, Mr. Peter Gelb and Mr. Marco Gutierrez. The full Board of Directors of the Registrant consists of five seats. Currently, three seats of the Registrant’s Board of Directors are vacant.

Item 5.03 Amendments to Articles of Incorporation or Bylaws.

On February 15, 2007, the board of directors of the Registrant unanimously approved the adoption of a proposed Amendment to the Articles of Incorporation of the Registrant (the "Amendment") to i) change the Registrant's name from CORONADO INDUSTRIES, INC. to CONTINENTAL FUELS, INC., and ii) to increase the authorized capital stock of the Registrant from 400,000,000 shares of $.001 par value per share common stock and 50,000,000 shares of $.001 par value per share preferred stock to 900,000,000 shares of $.001 par value per share common stock and 100,000,000 shares of $.001 par value per share preferred stock. The Amendment was approved by the board of directors subject to approval by a majority of the Registrant's stockholders

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HOUSTON, Mar 14, 2007 (BUSINESS WIRE) -- With the appointment of a dynamic new management team, Continental Fuels, Inc. (OTC BB: CNDI) has initiated its transformation to an oil and gas trading company with an emphasis on international and domestic distribution of petroleum products, as well as the international sourcing, marketing and distribution of upstream and downstream petroleum products. Because of the vast expertise and longstanding relationships which its key executives are contributing to the Company, Continental expects to become a significant factor in the energy industry in a very short period of time.
The new management team is led by Tim Brink, CEO, Ernesto Haberer, Vice President of Business Development and Josh Crescenzi, Director of Corporate Communications.
Mr. Brink has over seventeen years experience in petroleum retail operations including operational manager for several large companies including Southland, Circle K and Amerada Hess. Mr. Brink has specialized in developing marketing strategies to promote sales and overall profitability to meet long term financial goals. Mr. Haberer brings over 35 years experience in the oil refining, production, petrochemical and chemical fields, as well as in international sourcing and trading of petroleum products and equipment. Mr. Crescenzi has recently worked with The White House, Presidential Press Advance as a liaison to the media during Presidential events. Since 2004, he has also worked in the energy industry representing several major international energy firms in Russia, Azerbaijan, and India.
Continental's primary objective is to develop a nationwide distribution network for petroleum products and it is actively pursuing the acquisition of terminal and storage facilities throughout the United States. The plan also includes the acquisition of pipelines which would give Continental a logistical advantage in product distribution. Continental has the technical expertise as well as the financial resources which are vital to implementing such strategies.
Continental Fuels presently has offices in San Antonio and Houston. As it continues to expand its international operations, Continental intends to open offices in Geneva, Dubai and Singapore. Further information regarding Continental Fuels is available at www.continentalfuels.com.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
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Mar 19, 2007 (M2 PRESSWIRE via COMTEX) -- Universal Property Development and Acquisition Corporation (OTC BB:UPDA) operates as a publicly funded oil and gas company that targets projects with high net revenue interests and proven energy reserves, where risk has been substantially reduced by technical evaluation and geophysics.

During early morning trading shares are up 3% to $0.06 with over 2.9 million in volume. This momentum comes as Universal Property Development and Acquisition Corporation (OTCBB:UPDA), has entered into an agreement with Continental Fuels, Inc. (OTCBB: CNDI) to sell its trading and storage subsidiaries for $7.5 million.
MarketGainer.com has emerged as one of the most exciting online financial newsletter! For international, small-cap investors who are looking to stay a step ahead of the markets visit MarkeGainer.com.
The sales price, to be paid in cash and convertible debentures, represents a significant gain on UPDA's investment of approximately $1.25 million in the subsidiaries. The sale also represents an opportunity for UPDA to additionally enhance its shareholder value through an investment in Continental while utilizing the cash to be paid to continue to expand UPDA's exploration and production operations.
"With the pending acquisition of one million acres of coalbed methane leases in Kansas, UPDA has committed to a sharpened focus on exploration and production," said Chris McCauley, UPDA Vice President. In addition, we are very impressed with Continental's business plan and management. Continental is well positioned to take advantage of the relationships we have created in these subsidiaries and UPDA will benefit in the short term by the cash payment of $2.5 million required by the agreement and in the long term through the potential of its investment in Continental. We expect Continental to expand rapidly and successfully in the trading arena, a market that our experiences have convinced us has substantial possibilities. This transaction allows us to apply those experiences to monitor and assist in Continental's progress, to concentrate UPDA's resources on its core business and still to reap the rewards of both."
The Closing Date for the transaction has been scheduled for April 2, 2007.
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