EFLO Energy Inc. (fka EFLO)

[Renee]

EFLO revoked:

https://www.sec.gov/litigation/admin/2017/34-81421.pdf

[Renee]

EFLO SEC Suspension for Financials/Filings delinquencies:

https://www.sec.gov/litigation/suspensions/2017/34-81284.pdf

Order:

https://www.sec.gov/litigation/suspensions/2017/34-81284-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2017/34-81283.pdf

[trader993]

The comment below sounds like EFLO lost their assets.
Where is the 8-k?

Assets are $53m worth. This is a material event! And what did shareholders get? Nothing!

Shares of insiders were purchased at $1+. They could not even sell. And now a known boiler room pump and dump artist took over. Hm...

http://www.yukon-news.com/letters-opinions/day-1-issue-yukons-oil-and-gas-industry-on-life-support/

Richard wrote:
12:12pm Thursday November 17, 2016

"Of course if our columnist had done just a little bit more research… say on EMR’s Oil and Gas webpage, he would know that the Kotaneelee fields are currently owned and operated by Apache Canada after EFLO Energy went bust. Having this facility owned by a larger, more reputable company like Apache rather than a fly by night investment outfit like EFLO will mean good things in the future (even if it only means the site will be properly rehabilitated when they’re done with it)."

[trader993]

EFLO has a new ceo, RICHARD W DONALDSON:

http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=Qv8dK%252b8IfJIY5Q%252f%252fgoQ1qg%253d%253d

6,2m float, 34,8m o/s:

Not sure if there is a plan, website is not up.

[Dina]

They lost probably their assets today.
Website is down since one week:

http://www.efloenergy.com/

[BeardOfWallSt]

The assets alone should not have the pps down here, even with a net loss under 2mil.

The reward outweighs the risk, imo. Good lotto here

$eflo

[etcetera]

Unreal gem hiding here

[Dina]

[Dina]

Last pr did not sound positive.

EFLO Energy, Inc. Ceases to be Operator, Provides Corporate Update and

October 28, 2015 – Houston, Texas. EFLO Energy, Inc. (the “Company”) (OTCQB: EFLO) announces that, pursuant to the terms of the joint venture agreements, it has ceased to be operator of the Kotaneelee Project, Yukon. A new operator will be appointed by the joint venture. Since January 2015, the Company’s new management team and board of directors have focused their resources on seeking substantial financing or a joint venture partner to fund a rework or recompletion of up to three wells on the Kotaneelee Project, which is anticipated to cost from $8,000,000 to $10,000,000. Due to the depressed oil and gas market, the Company has been unsuccessful in obtaining such financing.

Further, the Yukon Government has required that four existing wells at the Kotaneelee Project be suspended or abandoned in accordance with the standards required by the Oil and Gas Act (Yukon) by March 31, 2016. A failure to suspend or abandon the wells by March 31, 2016 will result in the government assuming management and control of these wells. Presently, the Company has insufficient funds to suspend or abandon the wells and there is a substantial risk that it will not obtain sufficient financing to satisfy the costs of suspending or abandoning the wells by March 31, 2016.

Throughout 2015, the new management team has obtained monthly bridge loans (the “Lenders”) to fund the care and maintenance costs of the Kotaneelee Project and to meet the costs associated with its reporting obligations under the Securities Exchange Act of 1933, as amended (the “Exchange Act”). However, the Company has been notified by the Lenders that they will no longer fund the ongoing operations of the Company. As a result, there is a substantial risk that the Company will be unable to pay its creditors, satisfy its ongoing obligations at the Kotaneelee Project and meet its ongoing reporting obligations under the Exchange Act.

Environmental Protection Order

The Yukon Government issued an Environmental Protection Order for Spills against the Company in connection with a spill at the Kotaneelee Project. The Company’s management team immediately stopped any further spillage on site and, with its joint venture partners, are in the process of repairing and remedying any effects of the spill. Based on an initial assessment, the spill was limited to a small area located at the Kotaneelee Gas Facility. The Company’s limited financial resources will be allocated to remedying the effects of the spill.

Resignations of Directors and Officers

The Company also announces Eric Prim and Nico Civelli have resigned as directors of the Company. Further, Matthew Anderson has resigned as Chief Financial Officer of the Company. The resignations of Messrs. Prim, Civelli and Anderson were not due to, and were not caused by, in whole or in part, any disagreement with the Company related to the Company’s operations, policies, practices or otherwise.

For further information please contact:

EFLO Energy, Inc.
Al Conrad Kerr Jr., CEO
[phone]

[etcetera]

"TOTAL ASSETS
$52,391,549"
Wtf

[etcetera]

From 10q
"After giving effect to these acquisitions, the current voting interest allocations in the KGP are described in the table below:

Voting Interest Holder

Working Interest

EFLO Energy, Inc. and affiliates

53.65
%
Apache Canada Ltd.

31.95
%
Imperial Oil Resources

10.4
%
Exxon Mobil Properties Canada

1.3
%
Talisman Energy Canada

2.7
%"

[etcetera]

Did u see the last 10q?

[etcetera]

Hopefully to .001 so I can buy the float

[TheInvincibleBull]

Depends on volume tomorrow

[greatgazu]

Where you all think this thing is headed???

[TheInvincibleBull]

.01 +300%

[TheInvincibleBull]

.12 is the 52wk high :)

[etcetera]

$50 million in reserves

[etcetera]

(ll) boom huge oil reserves

[TheInvincibleBull]

$EFLO .01 tiny floater!!! Oil play

[buccaneer1961]

going down..

[buccaneer1961]

are you ready?

[buccaneer1961]

lets get with it eflo!

[buccaneer1961]

and even more closer

[buccaneer1961]

getting lower

[buccaneer1961]

looking forward to seeing how this plays out

[buccaneer1961]

you very well could be correct,i hope they right this ship soon and get that huge gas consession going

[ALERTS100%to10000%GAIN]

EFLO~~looking for .01-.02

[buccaneer1961]

waiting for something

[buccaneer1961]

still quite

[buccaneer1961]

.1151

[buccaneer1961]

eflo .13

[buccaneer1961]

the company presentation is very informative

[buccaneer1961]

the consession looks very good

[buccaneer1961]

great buying oppty

[buccaneer1961]

hoping they their ship righted soon

[buccaneer1961]

http://www.emr.gov.yk.ca/oilandgas/pdf/liard.pdf

[buccaneer1961]

http://yukon-news.com/news/yukon-to-review-fracking-in-territory

[buccaneer1961]

that's very good news!

[buccaneer1961]

im going to see if this one drops further before buying more,its in a good range

[yaya88888888888]

Toronto list this company so we can get on with the show!!

[buccaneer1961]

eflo today is where tgc was last November when it was .05/.049 range,next summer it should be worth lots more...good to add when nobody wants it

[buccaneer1961]

I know we will hit oil and a dollar or several will come our way

[yaya88888888888]

there talking pel444 4 holes and pel 112 2 holes!!

[buccaneer1961]

oil especially if they have a multi well program

[yaya88888888888]

I believe so but tgc is really cheap now 12 13 cents and big chance of hitting big!

[buccaneer1961]

stbr moves before tgc?

[yaya88888888888]

You will have time STBR is going to start moving higher!

[buccaneer1961]

that's my favorite..tgc would like to roll stbr in tgc if it runs before tgc to have more shares there

[yaya88888888888]

in the long run I like tgc u get more for $$ and if they hit you really get more$$$$