Smf Energy (NASDAQ:FUEL)

Fiscal 2011 Year End Call (September 2011)

• Fixed cost model allows additonal volumes to drop to bottom line
• Can not rule out negative impacts from uncertain economy, but their model is such that they should be able to successfully implement its growth plan, barring an extreme economic downturn.
• So far, the company has not experienced any "negative economic impacts" on business
• Sees fiscal 2012 first quarter substantially higher than the comparable period last year
• Sees year end 2012 financial results materially higher then 2011