SOURCE: ALL Fuels & Energy Company

July 18, 2007 14:55 ET

QualityStocks Announces Release of an Independent Analyst Report for ALL Fuels & Energy Company -- Target Price Set at $3.40

SCOTTSDALE, AZ--(Marketwire - July 18, 2007) - reports that Research Analyst Holmes Osborn III, CFA has set a target price of $3.40 per share for ALL Fuels & Energy Company (PINKSHEETS: AFSE), a Johnston, Iowa-based ethanol Energy Company.

The full report is available at

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About ALL Fuels & Energy Company (PINKSHEETS: AFSE)

ALL Fuels & Energy Company (AFSE) recently acquired ALL Energy Company, a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products. AFSE has adopted the business plan of ALL Energy Company. To date, AFSE has: obtained $2 million in private equity funding; purchased 150 acres on which to build its proposed ethanol production facility in Manchester, Iowa; signed a five-plant engineering and design agreement with Delta-T Corporation (Delta-T is a Virginia-based company with over twenty years of experience in the ethanol industry that management believes possesses superior expertise and superior technologies in the ethanol production space); engaged Natural Resources Group to handle water-related environmental matters relating to the proposed Manchester ethanol production facility; engaged Yaggy-Colby to handle air-related environmental matters relating to the proposed Manchester ethanol production facility; and investigated and become involved in the potential acquisition of one or more existing ethanol production facilities, including Ace Ethanol.

About Holmes Osborne, CFA - Senior Analyst

Holmes serves QualityStocks as an independent research analyst. He brings to the company over nine years' experience in equity research and investment marketing. Prior to writing with QualityStocks, Mr. Osborne worked as an equity analyst for an independent research provider. Mr. Osborne has also held positions as investor relations officer for a NYSE-listed company and director of financial analysis for a large consulting firm. Mr. Osborne is a Chartered Financial Analyst (CFA).

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The analyst in this report, or any analysts contributing to this report, do not own any shares of ALL Fuels & Energy (PINKSHEETS: AFSE). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. ("QualityStocks") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. QualityStocks has been compensated 12,000 shares of AFSE from 3rd party for a limited participation of the company in its research program and advertising. This report is based on data obtained from sources believed to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.

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