|   | Form 10-QSB |   |
|--------|-------------|--------|

|   |
|--------|

|   | SECURITIES AND EXCHANGE COMMISSION Washington, D.C. |   |
|--------|-----------------------------------------------------|--------|

|   |
|--------|

|   | [ X ] Quarterly Report Pursuant to Section 13 or 15(d) of the                Securities Exchange Act of 1934 For the quarterly period ended June                30,                2007 |   |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

| OR |
|----|

|   | [ ] Transition Report Pursuant to Section 13 or 15(d) of the                Securities Exchange Act of 1934 For the transition period from _______                to                _______. |   |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

|   |
|--------|

|   | Commission File No. 0-29417 |   |
|--------|-----------------------------|--------|

|   |
|--------|

|   | ALL Fuels & Energy Company                                                   |   |
|--------|----------------------------------------------------------------------------------|--------|
|   | (Exact Name of Small Business Issuer as Specified in its                Charter) |   |

|   | DELAWARE |   | 62-1581902 |   |
|--------|----------|--------|------------|--------|

|   | (State or Other Jurisdiction of incorporation or                organization) |   | (I.R.S. Employer Identification Number) |   |
|--------|-------------------------------------------------------------------------------|--------|-----------------------------------------|--------|

|   | 6165 N.W. 86th Street, Johnston, Iowa 50131 |   |
|--------|---------------------------------------------|--------|

|   | (Address of Principal Executive Offices, including Zip Code) |   |
|--------|--------------------------------------------------------------|--------|

|   | (515) 331-6509 |   |
|--------|----------------|--------|

|   | (Issuer’s telephone number, including area code) |   |
|--------|--------------------------------------------------------|--------|

|   |
|--------|

| Indicate by check mark whether Registrant (1) has filed all reports                required to be filed by Section 13 or 15(d) of the Securities Exchange                Act                of 1934 during the preceding 12 months (or for such shorter period                that                Registrant is required to file such reports), and (2) has been subject                to                such filing requirements for the past 90 days: Yes [ X ] No [                ] |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Indicate by check mark whether the registrant is a shell company                (as                defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [ X                ] |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Indicate the number of shares outstanding of each of the issuer’s                classes of common stock as of the latest practicable                date: |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Class |   | Outstanding as of 8-15-07 |   |
|--------|-------|--------|---------------------------|--------|

|   | Common Stock, $.01 par value |   | 50,821,215 |   |
|--------|------------------------------|--------|------------|--------|

|         |
|--------------|
| <PAGE> |
|         |

| PART I - FINANCIAL INFORMATION |
|--------------------------------|

| Item 1. | Financial Statements |
|---------|----------------------|

| INDEX TO FINANCIAL STATEMENTS |
|-------------------------------|

|   |   | Page |
|--------|--------|------|

| ALL Fuels & Energy Company |
|--------------------------------|

|   | Condensed Consolidated Balance Sheets as of June 30, 2007                (unaudited), and December 31, 2006 | 3 |
|--------|-------------------------------------------------------------------------------------------------------------|---|

|   | Condensed Consolidated Statements of Operations for the Three                Months                and Six Months Ended June 30, 2007 and 2006, and the Period from                Commencement of Development Stage (June 7, 2004) to June 30, 2007                (unaudited) | 5 |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---|

|   | Condensed Consolidated Statements of Cash Flows for the Six Months                Ended June 30, 2007 and 2006, and the Period from Commencement of                Development Stage (June 7, 2004) to June 30, 2007 (unaudited) | 6 |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---|

|   | Notes to Interim Condensed Consolidated Financial Statements | 8 |
|--------|--------------------------------------------------------------|---|

|         |
|--------------|
| <PAGE> |
|         |

|   | ALL FUELS & ENERGY COMPANY |   |
|--------|--------------------------------|--------|

|   | (a development stage company) |   |
|--------|-------------------------------|--------|

|   | CONDENSED CONSOLIDATED BALANCE SHEETS |   |
|--------|---------------------------------------|--------|

|   | June 30, 2007, and December 31, 2006 |   |
|--------|--------------------------------------|--------|

|   | 6/30/07(unaudited) |   | 12/31/06 |
|--------|--------------------|--------|----------|

| ASSETS |
|--------|

| Current assets |   |   |
|----------------|--------|--------|

|   | Cash and cash equivalents | $657,505 |   | $--- |
|--------|---------------------------|----------|--------|------|

|   | Prepaid expenses | 97,639 |   | --- |
|--------|------------------|--------|--------|-----|

|   | Total current assets | 755,144 |   | --- |
|--------|----------------------|---------|--------|-----|

| Property and equipment - at cost |   |   |
|----------------------------------|--------|--------|

|   | Land | 951,238 |   | --- |
|--------|------|---------|--------|-----|

|   | Equipment | 1,093 |   | --- |
|--------|-----------|-------|--------|-----|

|   | Construction-in-progress | 164,861 |   | --- |
|--------|--------------------------|---------|--------|-----|

|   |   | 1,117,192 |   | --- |
|--------|--------|-----------|--------|-----|

|   | Less accumulated depreciation | (105) |   | --- |
|--------|-------------------------------|-------|--------|-----|

|   | Total property and equipment - net | 1,117,087 |   | --- |
|--------|------------------------------------|-----------|--------|-----|

| Other assets |   |   |
|--------------|--------|--------|

|   | Deferred borrowing costs | 4,492 |   | --- |
|--------|--------------------------|-------|--------|-----|

|   | Total other assets | 4,492 |   | --- |
|--------|--------------------|-------|--------|-----|

|   | Total assets | $1,876,723 |   | $--- |
|--------|--------------|------------|--------|------|

| LIABILITIES AND STOCKHOLDERS’ EQUITY                (DEFICIT) |
|---------------------------------------------------------------------|

| Current liabilities |   |   |
|---------------------|--------|--------|

|   | Accounts payable and accrued expenses | $49,493 |   | $4,000 |
|--------|---------------------------------------|---------|--------|--------|

|   | Total current liabilities | 49,493 |   | 4,000 |
|--------|---------------------------|--------|--------|-------|

| Long-term debt | 488,000 |   | --- |
|----------------|---------|--------|-----|

|   | Total liabilities | 537,493 |   | --- |
|--------|-------------------|---------|--------|-----|

| Stockholders’ equity (deficit) |   |   |
|--------------------------------------|--------|--------|

|   | Common stock, $.01 par value; 80,000,000 shares authorized,                50,821,215 and 9,316,131 shares issued and outstanding | 508,212 |   | 93,161 |
|--------|-----------------------------------------------------------------------------------------------------------------------------------|---------|--------|--------|

|   | Additional paid-in capital | 8,564,637 |   | 6,816,233 |
|--------|----------------------------|-----------|--------|-----------|

|   | Treasury stock, at cost | (150,000) |   | --- |
|--------|-------------------------|-----------|--------|-----|

|   | Receivable from shareholder | (50,000) |   | (50,000) |
|--------|-----------------------------|----------|--------|----------|

|   | Accumulated deficit | (6,423,944) |   | (6,423,944) |
|--------|---------------------|-------------|--------|-------------|

|   | Deficit accumulated during the development stage | (1,109,675) |   | (439,450) |
|--------|--------------------------------------------------|-------------|--------|-----------|

|   | Total stockholders' equity (deficit) | 1,339,230 |   | (4,000) |
|--------|--------------------------------------|-----------|--------|---------|

|   | Total liabilities and stockholders’ deficit | $1,876,723 |   | $--- |
|--------|---------------------------------------------------|------------|--------|------|

|   |
|--------|

| The accompanying notes are an integral part of these                statements. |
|---------------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | ALL FUELS & ENERGY COMPANY |   |
|--------|--------------------------------|--------|

|   | (a development stage company) |   |
|--------|-------------------------------|--------|

|   | CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS |   |
|--------|-------------------------------------------------|--------|

|   | For the Three Months and Six Months Ended June 30, 2007 and 2006,                and                the Period fromCommencement of Development Stage (June 7, 2004) to June 30,                2007 |   |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

|   |   | Three Months Ended June 30, |   | Six Months Ended June 30, |   |
|--------|--------|-----------------------------|--------|---------------------------|--------|

|   | 2007 |   | 2006 |   | 2007 |   | 2006 |   | Period from Commencementof Development Stage (June 7,2004) to6/30/07 |
|--------|------|--------|------|--------|------|--------|------|--------|----------------------------------------------------------------------|

| Revenues | $--- |   | $--- |   | $--- |   | $--- |   | $--- |
|----------|------|--------|------|--------|------|--------|------|--------|------|

| Operating Costs and Expenses |   |   |   |   |   |   |   |   |   |
|------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|

|   | Consulting | 810,000 |   | --- |   | 374,700 |   | --- |   | 554,700 |
|--------|------------|---------|--------|-----|--------|---------|--------|-----|--------|---------|

|   | Legal and professional | 104,232 |   | --- |   | 104,232 |   | --- |   | 230,232 |
|--------|------------------------|---------|--------|-----|--------|---------|--------|-----|--------|---------|

|   | Impairment charge | --- |   | --- |   | --- |   | --- |   | 52,000 |
|--------|-------------------|-----|--------|-----|--------|-----|--------|-----|--------|--------|

|   | General and administrative | 120,497 |   | --- |   | 200,497 |   | 100 |   | 281,947 |
|--------|----------------------------|---------|--------|-----|--------|---------|--------|-----|--------|---------|

|   | Total operating expenses | 1,034,729 |   | --- |   | 679,429 |   | 100 |   | 1,118,879 |
|--------|--------------------------|-----------|--------|-----|--------|---------|--------|-----|--------|-----------|

| Other income (expense) |   |   |   |   |   |   |   |   |   |
|------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|

|   | Interest expense | (9,803) |   | --- |   | (9,803) |   | --- |   | (9,803) |
|--------|------------------|---------|--------|-----|--------|---------|--------|-----|--------|---------|

|   | Interest income | 5,882 |   | --- |   | 5,882 |   | --- |   | 5,882 |
|--------|-----------------|-------|--------|-----|--------|-------|--------|-----|--------|-------|

|   | Rental income | 13,125 |   | --- |   | 13,125 |   | --- |   | 13,125 |
|--------|---------------|--------|--------|-----|--------|--------|--------|-----|--------|--------|

|   | Total other income | 9,204 |   | --- |   | 9,204 |   | --- |   | 9,204 |
|--------|--------------------|-------|--------|-----|--------|-------|--------|-----|--------|-------|

| Net loss | $(1,025,525) |   | $--- |   | $(670,225) |   | $(100) |   | $(1,109,675) |
|----------|--------------|--------|------|--------|------------|--------|--------|--------|--------------|

|   |
|--------|

| Income (loss) per share | $(0.02) |   | $0.00 |   | $(0.02) |   | $(0.00) |   |   |
|-------------------------|---------|--------|-------|--------|---------|--------|---------|--------|--------|

|   |
|--------|

| Weighted average number of shares outstanding (basic and                diluted) | 46,812,186 |   | 3,016,131 |   | 29,497,492 |   | 3,016,131 |   |   |
|----------------------------------------------------------------------------------|------------|--------|-----------|--------|------------|--------|-----------|--------|--------|

|   |
|--------|

| The accompanying notes are an integral part of these                statements. |
|---------------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | ALL FUELS & ENERGY COMPANY |   |
|--------|--------------------------------|--------|

|   | (a development stage company) |   |
|--------|-------------------------------|--------|

|   | CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS |   |
|--------|-------------------------------------------------|--------|

|   | For the Six Months Ended June 30, 2007 and 2006, and the Period                fromCommencement of Development Stage (June 7, 2004) to June 30,                2007 |   |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

|   | Six Months Ended June 30, |   |   |
|--------|---------------------------|--------|--------|

|   | 2007 |   | 2006 |   | Period from Commencementof Development Stage (June 7,2004) to6/30/07 |
|--------|------|--------|------|--------|----------------------------------------------------------------------|

| CASH FLOWS FROM OPERATING ACTIVITIES |   |   |   |   |   |
|--------------------------------------|--------|--------|--------|--------|--------|

| Net loss | $(670,225) |   | $(100) |   | $(1,109,675) |
|----------|------------|--------|--------|--------|--------------|

|   | Adjustments to reconcile net loss to cash used for operating                activities: |   |   |   |   |   |
|--------|-----------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|

|   | Depreciation | 105 |   | --- |   | 105 |
|--------|--------------|-----|--------|-----|--------|-----|

|   | Stock issued for services | 454,700 |   | --- |   | 837,200 |
|--------|---------------------------|---------|--------|-----|--------|---------|

|   | Impairment charge | --- |   | --- |   | 52,000 |
|--------|-------------------|-----|--------|-----|--------|--------|

|   | Increase in prepaids | (19,368) |   | 100 |   | (19,368) |
|--------|----------------------|----------|--------|-----|--------|----------|

|   | Increase in accounts payable | 5,344 |   | 100 |   | 9,344 |
|--------|------------------------------|-------|--------|-----|--------|-------|

| Net cash used for operating activities | (229,444) |   | --- |   | (230,394) |
|----------------------------------------|-----------|--------|-----|--------|-----------|

|   |
|--------|

| CASH FLOWS FROM INVESTING ACTIVITIES |   |   |   |   |   |
|--------------------------------------|--------|--------|--------|--------|--------|

|   | Payments on construction in progress | (30,177) |   | --- |   | (30,177) |
|--------|--------------------------------------|----------|--------|-----|--------|----------|

| Net cash used for financing activities | (30,177) |   | --- |   | (30,177) |
|----------------------------------------|----------|--------|-----|--------|----------|

|   |
|--------|

| CASH FLOWS FROM FINANCING ACTIVITIES |   |   |   |   |   |
|--------------------------------------|--------|--------|--------|--------|--------|

|   | Proceeds from sale of common stock for cash | 75,000 |   | --- |   | 75,000 |
|--------|---------------------------------------------|--------|--------|-----|--------|--------|

|   | Cash acquired in acquisition | 358,618 |   | --- |   | 358,618 |
|--------|------------------------------|---------|--------|-----|--------|---------|

|   | Principal payments on related party advances | --- |   | --- |   | (3,988) |
|--------|----------------------------------------------|-----|--------|-----|--------|---------|

|   | Proceeds from long-term debt, net of deferred borrowing                costs | 483,508 |   | --- |   | 483,508 |
|--------|------------------------------------------------------------------------------|---------|--------|-----|--------|---------|

|   | Contributions from shareholders | --- |   | --- |   | 950 |
|--------|---------------------------------|-----|--------|-----|--------|-----|

| Net cash provided by financing activities | 917,126 |   | --- |   | 914,088 |
|-------------------------------------------|---------|--------|-----|--------|---------|

|   |
|--------|

| NET CHANGE IN CASH | 657,505 |   | --- |   | 653,517 |
|--------------------|---------|--------|-----|--------|---------|

| Cash, beginning of period | --- |   | --- |   | 3,988 |
|---------------------------|-----|--------|-----|--------|-------|

| Cash, end of period | $657,505 |   | $--- |   | $657,505 |
|---------------------|----------|--------|------|--------|----------|

| The accompanying notes are an integral part of these                statements. |
|---------------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | ALL FUELS & ENERGY COMPANY |   |
|--------|--------------------------------|--------|

|   | (a development stage company) |   |
|--------|-------------------------------|--------|

|   | NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS |   |
|--------|------------------------------------------------------|--------|

|   | June 30, 2007 (unaudited) |   |
|--------|---------------------------|--------|

|   |
|--------|

| Note 1 | Summary of Significant Accounting                Policies |
|--------|-----------------------------------------------------------|

| Basis of Presentation |
|-----------------------|

| The accompanying unaudited interim financial statements of ALL                Fuels                & Energy Company (the “Company”) have been prepared by the Company in                accordance with accounting principles generally accepted in the United                States of America, pursuant to the Securities and Exchange Commission                rules and regulations. In management’s opinion all adjustments necessary                for a fair presentation of the results for interim periods have been                reflected in the interim financial statements. The results of operations                for any interim period are not necessarily indicative of the results                for a                full year. All adjustments to the financial statements are of a normal                recurring nature. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Certain information and footnote disclosures normally included                in                financial statements prepared in accordance with generally accepted                accounting principles have been condensed or omitted. Such disclosures                are                those that would substantially duplicate information contained in                the most                recent audited financial statements of the Company, such as significant                accounting policies and stock options. Management presumes that users                of                the interim statements have read or have access to the audited financial                statements and notes thereto included in the Company’s most recent annual                report on Form 10-KSB/A. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note 2 | Acquisition of ALL Energy Company |
|--------|-----------------------------------|

| On April 9, 2007, the Company acquired ALL Energy Company, a                Delaware                corporation, pursuant to which ALL Energy Company became a wholly-owned                subsidiary of the Company. The Company issued 25,330,000 shares of                stock                in exchange for 100% of the stock of ALL Energy Company. The transaction                resulted in net assets in the amount of approximately $1,630,000                being                consolidated into the financial statements of the Company consisting                mostly of cash of approximately $359,000 and land and other capitalized                assets of approximately $1,149,000. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The activity related to ALL Energy Company from the acquisition                date                in April 2007 through the end of the fiscal period has been included                in                the accompanying financial statements. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note 3 | Change in Corporate Name |
|--------|--------------------------|

| Effective May 3, 2007, the Company changed its name to “ALL Fuels                & Energy Company”. |
|---------------------------------------------------------------------------------------------------------------------|

| Note 4 | Forward Split of Common Stock |
|--------|-------------------------------|

| In May 2007, the Company’s board of directors approved a forward                split of the Company’s common stock at a ratio of                one(1)-new-share-for-every-two(2)-shares-owned, effective May 14,                2007.                The financial statement presentation has been adjusted to reflect                this                forward stock split. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note 5 | Prepaid Expenses |
|--------|------------------|

| At June 30, 2007, the Company had prepaid expenses of $97,639,                of                which $77,820 relates to expenses incurred in connection with its                efforts                in acquiring certain ethanol-related businesses. In future periods,                prepaid expenses associated with successful acquisitions are capitalized,                while those associated with unsuccessful acquisition efforts are                expensed.                The remaining $19,819 represents prepaid                insurance. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note 6 | Land, Equipment and Construction in                Progress |
|--------|-------------------------------------------------------------|

| The Company owns, as a result of its acquisition of ALL Energy                Company, 152.5 acres near Manchester, Iowa, which is carried at its                cost                of $951,238. The Company also acquired approximately $1,100 of office                equipment. Since its inception in August 2006, ALL Energy Company                has paid                approximately $164,861 in construction-related expenses associated                with                the Company’s proposed ethanol production facility to be constructed on                the Manchester, Iowa, land. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note 7 | Long-term Debt |
|--------|----------------|

| On April 5, 2007, the Company obtained financing on the land                discussed in Note 6. In the transaction, the Company obtained $488,000                in                loan proceeds. The loan associated with the financing transaction                has a                three year term, with interest at “prime” and monthly interest-only                payments until the end of the term. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note 8 | Non-cash Investing and Financing |
|--------|----------------------------------|

| In conjunction with the acquisition discussed in Note 2, the                Company                received net assets, after assuming certain liabilities, of approximately                $1,271,000 net of approximately $359,000 of cash received in the                acquisition. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note 9 | Capital Stock |
|--------|---------------|

| Stock for Services |
|--------------------|

| During the first six months of 2007, the Company issued a total                of                2,360,000 shares of common stock to third-party consultants for services,                resulting in $454,700 in non-cash compensation expense included in                professional and legal expenses and consulting fees in the accompanying                statements of operations. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| During the first six months of 2006, the Company did not issue                any                shares to third-party consultants for                services. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The Company measured the transactions at the respective dates                of                issuance at 50% of the then-quoted market price. There are no performance                commitments or penalties for non-performance, therefore the Company                recorded the expense at the date of                issuance. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | FORWARD-LOOKING STATEMENTS |   |
|--------|----------------------------|--------|

| On April 9, 2007, we acquired ALL Energy Company, a privately-held,                development-stage ethanol company based in Johnston, Iowa. References                to                “us”, “we” and “our” include ALL Energy Company, and its subsidiary, ALL                Energy Manchester, LLC, unless otherwise                indicated. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| In addition, certain other forward-looking statements herein                are                statements regarding financial and operating performance and results                and                other statements that are not historical facts. The words “expect”,                “project”, “estimate”, “believe”, “anticipate”, “intend”, “plan”,                “forecast” and similar expressions are intended to identify                forward-looking statements. Certain important risks could cause results                to                differ materially from those anticipated by some of the forward-looking                statements. Some, but not all, of the important risks that could                cause                actual results to differ materially from those suggested by the                forward-looking statements include, among other                things: |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| - | Events that deprive us of the services of our president, Dean                Sukowatey; |
|---|-----------------------------------------------------------------------------------------|

| - | Whether we are able to obtain adequate capital with which to                construct and/or purchase one or more ethanol production facilities;                and |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| - | Other uncertainties, all of which are difficult to predict and                many                of which are beyond our control. |
|---|------------------------------------------------------------------------------------------------------------------------------------|

| Item 2. | Plan of Operations. |
|---------|---------------------|

| Background |
|------------|

| From 1999 through 2002, the business operations of ALL Fuels&                Energy Company involved the development of Internet-based software                for                computer-based card and table games for gaming and casino applications.                This business proved to be unsuccessful and, in 2003, management                sold our                software business. During 2003, we recognized nominal income from                our                discontinued operations. However, we did not engage in active business                operations during 2003. During 2004 and 2005, we did not engage in                active                business operations and had no revenues. During 2006, we did not                engage in                active business operations, until November of that year. In November                2006,                we started a new business, but did not generate any revenues therefrom                in                2006. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| From 2004 through November 2006, our management searched for                a going                business to acquire, without success. Due to this lack of success,                our                board of directors determined that it would be in the best interests                of                our company and our shareholders for our company to start a new business.                After assessing the business opportunities available to our company                vis-a-vis our lack of available capital, in November 2006, our board                of                directors determined that we would become a publisher of web pages.                In                connection with this determination, we entered into three separate                asset                purchase agreements, whereby we acquired certain web site domains                and                Internet web pages associated therewith. During 2006, we did not                derive                any revenues from this business. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| As we pursued our web page publishing business, in January 2007,                our                former management acted upon an opportunity for our company to acquire                ALL                Energy Company and determined that the best interests of our shareholders                would be served by acquiring ALL Energy Company and pursuing the                ethanol-related business plan of ALL Energy Company as a combined                enterprise. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| In January 2007, there occurred a change in control with respect                to                our company and new management was installed. Our new management                has                determined that we will pursue a plan of business whereby we would                become                a producer of ethanol and its co-products. To that end, on April                9, 2007,                we acquired 100% of ALL Energy Company, a development-stage ethanol                company. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Our web page publishing business continues and has been assigned                to a                subsidiary, Venus Associates, Inc., a Nevada corporation, which intends                to                change its corporate name to “Vortal 9, Inc.” At an appropriate time in                the near future, all of the stock of Venus Associates is to be                distributed, as a dividend, to our shareholders of record on January                19,                2007, pursuant to an effective registration statement filed with                the SEC.                Thereafter, the web page publishing business of Venus Associates                will no                longer be a part of our company. The costs associated with the dividend                distribution of the Venus Associates stock will be borne by Venus                Associates and we will not provide any operating funds to Venus Associates                at any time. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Critical Accounting Policies |
|------------------------------|

| While we believe that the factors considered provide a meaningful                basis for the accounting policies applied in the preparation of the                condensed consolidated financial statements, we cannot guarantee                that our                estimates and assumptions will be accurate. If such estimates and                assumptions prove to be inaccurate, we may be required to make adjustments                to these estimates in future periods. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Litigation and Tax Assessments. Should we become involved in                lawsuits, we intend to assess the likelihood of any adverse judgments                or                outcomes of any of these matters as well as the potential range of                probable losses. A determination of the amount of accrual required,                if                any, for these contingencies will be made after careful analysis                of each                matter. The required accrual may change from time to time, due to                new                developments in any matter or changes in approach (such as a change                in                settlement strategy) in dealing with these                matters. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Additionally, in the future, we may become engaged in various                tax                audits by federal and state governmental authorities incidental to                our                business activities. We anticipate that we will record reserves for                any                estimated probable losses for any such                proceeding. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Stock-Based Compensation. We account for stock-based compensation                based on the provisions of Statement of Financial Accounting Standards                No.                123. In December 2004, the Financial Accounting Standards Board issued                Statement of Financial Accounting Standards No. 123 (Revised 2004),                Share-Based Payment, (FAS-123R). This statement replaces FAS-123,                Accounting for Stock-Based Compensation, supercedes APB Opinion No.                25,                Accounting for Stock Issued to Employees, and amends FAS-95, Statement                of                Cash Flows. FAS-123R requires companies to apply a fair-value-based                measurement method in accounting for share-based payment transactions                with                employees and to record compensation cost for all stock awards granted                after the required effective date and for awards modified, repurchased                or                cancelled after that date. The scope of FAS-123R encompasses a wide                range                of share-based compensation arrangements, including share options,                restricted share plans, performance-based awards, share appreciation                rights and employee share purchase plans. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| New Accounting Pronouncement. In September 2006, the Financial                Accounting Standards Board (“FASB”) issued Statement of Financial                Accounting Standards (“SFAS”) No. 157, “Fair Value Measurements”                (“SFAS 157”). SFAS 157 defines fair value, establishes a framework                for measuring fair value in accordance with generally accepted accounting                principles, and expands disclosures about fair value measurements.                SFAS                157 is effective January 1, 2008. We do not believe this statement                will adversely impact our financial                statements. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Six Month Periods Ended June 30, 2007 and                2006 |
|---------------------------------------------------------------|

| During the six months ended June 30, 2006, we did not engage                in                active business operations and had no revenues. Since our acquisition                of                ALL Energy Company in April 2007, we have engaged in active business                operations, but have not yet generated revenues from our                activities.During the current period, we acquired a company that had spent                approximately $164,861 with respect to pre-construction activities                relating to or proposed Manchester, Iowa, ethanol production facility.                It                is expected that the level of these expenditures will be substantially                less during the remainder of 2007. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Our monthly operating expenses unrelated to pre-construction                activities, which including salary and professional fees, currently                are                approximately $40,000. The level of such operating expenses is expected                to                remain substantially the same for the remainder of 2007, unless we                are                able complete the acquisition of an existing ethanol production facility,                of which there is no assurance. Should we successful in so acquiring                an                existing facility, our operating expenses will significantly increase,                although we are unable to predict the amount of such                increase. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Plan of Operations |
|--------------------|

| Ethanol. Unless and until we obtain significant capital,                approximately $200 million for the construction of our proposed ethanol                production facility in Manchester, Iowa (the “Manchester facility”) or                approximately $102.5 million for our proposed purchase of Ace Ethanol,                LLC, a Stanley, Wisconsin-based operator of an ethanol production                facility, our operations will be limited, with respect to the Manchester                facility, to pre-construction tasks, such as air quality and water                quality                permitting activities. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Should we obtain the capital necessary only to construct the                Manchester facility, our activities will be focused on completing                that                construction project on time and under budget, as we will not derive                revenues from the Manchester facilities until construction is completed,                a                period of between 14 and 18 months from the date construction                begins. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Should we obtain the capital necessary to acquire Ace Ethanol,                LLC,                we would, immediately upon completion of such acquisition transaction,                become an ethanol producer. In this regard, we have obtained a intent                to                provide up to $121 million of debt financing. Also, we have obtained                an                additional letter of intent for over $25 million in secondary debt                financing. However, the final terms of these financing facilities                remain                subject to final negotiation. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Web Page Publishing. Our web page publishing business continues                and                has been assigned to a subsidiary, Venus Associates, Inc., a Nevada                corporation, which intends to change its corporate name to “Vortal 9,                Inc.” At an appropriate time in the near future, all of the stock of Venus                Associates is to be distributed, as a dividend, to our shareholders                of                record on January 19, 2007, pursuant to an effective registration                statement filed with the SEC. Thereafter, the web page publishing                business                of Venus Associates will no longer be a part of our company. The                costs                associated with the dividend distribution of the Venus Associates                stock                will be borne by Venus Associates and we will not provide any operating                funds to Venus Associates at any time, as this business is no longer                a                part of our business plan. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Current Liquidity |
|-------------------|

| At June 30, 2007, we had $657,505 in cash and working capital                of                $701,651. In April 2007, we obtained $488,000 in cash from a loan                secured                by the 150 acres of land we own in Manchester, Iowa, for which we                paid                approximately $951,000. Our current cash position is adequate to                sustain                our current level of operations for at least the next 12 months.                However,                as discussed below, we will be required to obtain additional capital                to                pursue current business opportunities and otherwise to pursue our                complete                plan of business. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Management’s Plans Relating to Future                Liquidity |
|----------------------------------------------------------------------|

| Ethanol. We require approximately $200 million to construct the                Manchester facility and approximately $106 million to purchase Ace                Ethanol, LLC. Our management believes it will be able to secure the                financing, in the form of debt, equity or a combination thereof,                necessary                to complete these opportunities. In this regard, we have obtained                a intent                to provide up to $121 million of debt financing. Also, in the near                future,                we expect to obtain an additional letter of intent for over $25 million                in                financing. However, the final terms of these financing facilities                remain                subject to final negotiation. Should we fail to negotiate successfully                the                final terms of these funding arrangement, our plan of business would                likely be unsuccessful and we may be forced to cease                operations. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Web Page Publishing. We have determined not to commit any resources                to the web page publishing business of our subsidiary, Venus Associates,                Inc. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Capital Expenditures |
|----------------------|

| During the six month periods ended June 30, 2007 and 2006, we                made no                capital expenditures. |
|---------------------------------------------------------------------------------------------------------------------------|

| In March 2007 and prior to our acquiring ALL Energy Company,                that                company purchased approximately 150 acres of real property located                adjacent to Manchester, Iowa, for approximately $951,000 in cash.                We                intend to construct the Manchester facility on this                site. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Should we obtain the capital required to build the Manchester                facility or to purchase Ace Ethanol, LLC, our capital expenditures                during                the remainder of 2007 will be significant. However, we cannot predict                the                exact amount of these potential                expenditures. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 3. | Controls and Procedures. |
|---------|--------------------------|

| Our Chief Executive Officer and Acting Chief Financial Officer                has                reviewed and evaluated the effectiveness of our disclosure controls                and                procedures (as defined in the Securities Exchange Act of 1934 Rules                240.13a-14(c) and 15d-14(c)) as of the end of the period covered                by this                report and has concluded that such disclosure controls and procedures                are                effective in timely alerting him and other members of management                to                material information about our company required to be disclosed by                us in                our periodic reports that we file or submit under the Securities                Exchange                Act of 1934. Prior to the first quarter of 2007, however, we did                have                deficiencies in our disclosure controls and procedures as a result                of our                lack of accounting personnel, due to our then-limited financial resources.                Our acquisition of ALL Energy Company has allowed us to retain adequate                accounting personnel. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| There have not been any significant changes in our internal controls                over financial reporting (as such term is defined in Rules 13a-15(f)                and                15d-15(f) under the Securities Exchange Act of 1934) during the fiscal                quarter to which this report relates that have materially affected,                or are                reasonably likely to materially affect, our internal control over                financial reporting. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| PART II - OTHER INFORMATION |
|-----------------------------|

| Item 1. | Legal Proceedings. |
|---------|--------------------|

| We are not currently involved in any legal                proceedings. |
|------------------------------------------------------------------------|

|   |
|--------|

| Item 2. | Item 2. Unregistered Sales of Equity Securities and Use of                Proceeds. |
|---------|-------------------------------------------------------------------------------------|

| During the three month ended June 30, 2007, we issued the following                unregistered securities: |
|-------------------------------------------------------------------------------------------------------------|

| 1. | (a) | Securities Sold. In April 2007, 25,300,000 shares of our common                stock                were issued. |
|----|-----|------------------------------------------------------------------------------------------------------------------|

|   | (b) | Underwriter or Other Purchasers. Such shares of common stock                were                issued to the owners of ALL Energy Company, a Delaware                corporation. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Consideration. Such shares of common stock were issued pursuant                to a                plan and agreement of reorganization in consideration of 100% of                the                outstanding capital stock of ALL Energy                Company. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Exemption from Registration Claimed. These securities are exempt                from                registration under the Securities Act of 1933, as amended, pursuant                to the                provisions of Section 4(2) thereof and Rule 506 thereunder, as a                transaction not involving a public offering. This purchaser was a                sophisticated investor capable of evaluating an investment in the                company. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | (a) | Securities Sold. In May 2007, 260,000 shares of our common stock                were                issued. |
|----|-----|-------------------------------------------------------------------------------------------------------------|

|   | (b) | Underwriter or Other Purchasers. Such shares of common stock                were                issued to David Loflin. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Consideration. Such shares of common stock were issued pursuant                to                consulting agreement and were valued at $262,200, in the                aggregate. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Exemption from Registration Claimed. These securities are exempt                from                registration under the Securities Act of 1933, as amended, pursuant                to the                provisions of Section 4(2) thereof and Rule 506 thereunder, as a                transaction not involving a public offering. This purchaser was a                sophisticated investor capable of evaluating an investment in the                company. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | (a) | Securities Sold. In May 2007, 100,000 shares of our common stock                were                issued. |
|----|-----|-------------------------------------------------------------------------------------------------------------|

|   | (b) | Underwriter or Other Purchasers. Such shares of common stock                were                issued to Capital Financial Consultants,                Inc. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Consideration. Such shares of common stock were issued pursuant                to                consulting agreement and were valued at $112,500, in the                aggregate. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Exemption from Registration Claimed. These securities are exempt                from                registration under the Securities Act of 1933, as amended, pursuant                to the                provisions of Section 4(2) thereof and Rule 506 thereunder, as a                transaction not involving a public offering. This purchaser was a                sophisticated investor capable of evaluating an investment in the                company. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | (a) | Securities Sold. In June 2007, 75,000 shares of our common stock                were                issued. |
|----|-----|-------------------------------------------------------------------------------------------------------------|

|   | (b) | Underwriter or Other Purchasers. Such shares of common stock                were                issued to Rick Bertrand. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Consideration. Such shares of common stock were sold for $75,000                in                cash. |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | (d) | Exemption from Registration Claimed. These securities are exempt                from                registration under the Securities Act of 1933, as amended, pursuant                to the                provisions of Section 4(2) thereof and Rule 506 thereunder, as a                transaction not involving a public offering. This purchaser was a                sophisticated investor capable of evaluating an investment in the                company. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 3. | Defaults upon Senior Securities. |
|---------|----------------------------------|

| None. |
|-------|

|   |
|--------|

| Item 4. | Submission of Matters to a Vote of Security                Holders. |
|---------|---------------------------------------------------------------------|

| In March 2007, holders of approximately 69.42% of our common                stock,                acting by written consent in lieu of a meeting, approved a change                of our                corporate name from ICrystal, Inc. to “ALL Fuels & Energy Company”.                This name change became effective May 3,                2007. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| In April 2007, holders of approximately 60% of our common stock,                acting by written consent in lieu of a meeting, approved an amendment                to                our amended and restated certificate of incorporation, whereby our                authorized capital shares would be increased to 700,000,000 shares                of                common stock and 50,000,000 shares of preferred stock. This amendment                to                our amended and restated certificate of incorporation will be effected                in                the near future. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 5. | Other Information. |
|---------|--------------------|

| None. |
|-------|

|   |
|--------|

| Item 6. | Exhibits and Reports on Form 8-K. |
|---------|-----------------------------------|

| (a) Exhibits |
|--------------|

| Exhibit No. |   | Description |
|-------------|--------|-------------|

| 31.1 |   | Certification of Chief Executive Officer required by Rule 13a-14(a)                or Rule 15d-14(b) |
|------|--------|------------------------------------------------------------------------------------------------------|

| 31.2 |   | Certification of Chief Accounting Officer required by Rule 13a-14(a)                or Rule 15d-14(b) |
|------|--------|-------------------------------------------------------------------------------------------------------|

| 32.1 |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C.                Section 1350 |
|------|--------|--------------------------------------------------------------------------------------------|

| 32.2 |   | Certification of Chief Accounting Officer Pursuant to 18 U.S.C.                Section 1350 |
|------|--------|---------------------------------------------------------------------------------------------|

| (b) Reports on Form 8-K |
|-------------------------|

| During the three months ended June 30, 2007, we filed the following                Current Reports on Form 8-K: (1) date of event: April 9, 2007, as                amended;                (2) date of event: May 2, 2007; (3) and May 3,                2007. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| SIGNATURES |
|------------|

| In accordance with the requirements of the Securities Exchange                Act of                1934, Registrant has duly caused this report to be signed on its                behalf by                the undersigned, thereunto duly                authorized. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Date: August 20, 2007 | ALL FUELS & ENERGY COMPANY |
|-----------------------|--------------------------------|

|   |
|--------|

|   | By: | /s/ DEAN E. SUKOWATEY |   |
|--------|-----|-----------------------|--------|

|   | Dean E. Sukowatey, President and Acting Chief Financial                Officer |   |
|--------|--------------------------------------------------------------------------------|--------|