LONDON, Jan. 25, 2010 (GLOBE NEWSWIRE) -- Flex Fuels Energy, Inc. ("Flex" or the "Company") (OTCBB:FXFL) announces that Mr. David Miller, the Company's President, has bought stock in the Company.
Mr. Miller purchased 150,000 shares at $0.0505 per share in the open market on January 21, 2010. This brings Mr. Miller's holding to a total of 203,000 shares, representing approximately 0.46% of the Company's common stock.
About Flex Fuels Energy, Inc.
Flex Fuels has Intellectual Property based interests in the UK: the WDX Organisation Ltd - the owner of the Wocu™, the new derivative World Currency quotation www.wocu.com , and mining exploration activities in British Columbia, Canada.
To find out more about Flex Fuels Energy (OTCBB:FXFL), visit our website at www.flexgp.com.
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Forward-Looking Statements
The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. Flex Fuels Energy, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.