Manuel Asensio and Asensio.com ("Asensio") report that KFx, Inc. (AMEX: KFX, $20.36) have placed a five-slide presentation on its web site. According to Manuel Asensio and Asensio, the presentation contains two still photos accompanied by notes that claim the photos illustrate that the K-Fuel exhibits no particle degradation or dust. The fifth slide shows the driver of a wheel loader looking at the photographer while supposedly in the process of dumping coal into a small 10-ton dump truck. (Coal is normally transported in a much larger double-belly dump truck.) The fourth slide shows a worker wearing a very clean pair of white overalls and white gloves holding a scoop full of coal over the shovel of a wheel loader that clearly contains two very differently positioned and different looking coals.