Fuego Enterprises, Inc. announces the plan to rejoin the reporting program and become fully compliant with the requirements of the OTC Markets

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Dec 24, 2014, 01:15 ET

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.