Fuego Enterprises Inc. (OTCPK: FUGI) Surges Over 400% in the Last Three Trading Sessions

(January 11, 2011) Shares of Fuego Enterprises Inc. (PINK: FUGI), a Miami, Florida-based company, soared in trading on Tuesday, finishing the day 325% higher at $0.0510.

In the last three trading sessions, the Fuego Enterprises Inc. stock has gained 410%. In the last one month, stock is up a spectacular 1,357.14%.

Fuego Enterprises Inc., on Tuesday, announced record revenue for 2010. The company reported more than $2 million in unaudited revenue for 2010. The company said that its revenue in 2010 is several times greater than in any year since the company’s inception in 2005.

In 2011, Fuego Enterprises anticipates to earn much higher revenue mainly due to the fact that the concert schedule in 2011 already has increased number of bookings over 2010.

About Fuego Enterprises Inc.: Fuego Enterprises Inc. is a diversified holding company. The company has operations in media and entertainment, telecommunications and other industries. The company focuses on Latin markets.

• The Fuego Enterprises Inc. stock has a 52-week range of $0.00-$0.08.
• The stock trades on a daily average volume of 686,982.
• The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal.
• The stock’s MACD has crossed the signal line on the upside and is above the zero-line, which are strong bullish signals.

Summary

Fuego Enterprises Inc. has reported strong results for 2010. The company’s stock has picked up momentum over the last one month.