Fuego Enterprises (FUGI) 8-K Departure of Directors or Principal Officers

Exhibit 99.1

October 31, 2007

Hugo M. Cancio

Chairman and CEO

Fuego Entertainment, Inc.

8010 NW 156 Street

Miami Lakes, FL 33016

Tel (305) 823 9999

hugo.cancio@fuegoentertainment.net

Re: Letter of Resignation

Dear Hugo,

Circumstances require that I resign from the Board of Directors of Fuego Entertainment, Inc., including as its Chair of the Audit Committee, effective immediately on October 31, 2007.

It has been a pleasure working with you and I am grateful for the experiences we have shared.

I wish you and the Company the best of luck in your future endeavors.

 Sincerely,

/s/ Felix Danciu

Felix Danciu

6011 El Parque Avenue

Las Vegas, NV 89146

Tel (213) 321 1146

Fax (702) 973-0200

fdanciu@olivecapital.com