Efuel EFN Corp.
$EFLN: 23m+ Assets -1.5m+ Annual Income - NO Convertibles
$EFLN "WHAT WE OWN":
$EFLN: 2013 Net Assets + Revenue : $EFLN: 2014 Net Assets + Revenue : 6.5m+ Increase in Net Assets -700k Increase in Net Revenue - No Change in Share Structure! 2013-2014 Annual Report: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=132060 EFLN Business Licences ( REAL ESTATE ASSETS = SUSTAINABLE STREAMS OF REVENUE) Hotel Marion Business located in Marion, Indiana PICS: Hotel Proving to Be a Successful Investment: Sustainable Cash Flow : NEGOTIATIONS For 140 MILLION DOLLAR MALL / HOTEL COMPLEX NEARLY COMPLETE:
When these four projects are developed the eFUEL EFN CORPORATION assets will be over one billion dollars. Feb-2-2015 PR:
http://finance.yahoo.com/news/information-future-investors-shareholders-231500129.html QUOTED FROM FEB-2-15 PRESS RELEASE The general explanation of eFUEL EFN CORPORATION activities for three quarters of 2014 The second quarter has been a very active one for eFUEL EFN CORPORATION. It began with the acquisition of the Hotel Marion business located in Marion, Indiana for $2 million and 400,000,000 common shares at $0.01. The new business will be a significant gain for eFUEL as it activates the company's hospitality department (division) and brings in revenue. The eFUEL EFN CORPORATION has paid $129,000.00 in Real estate tax on Hotel Marion to the Grand County and has to pay more than $69,000.00 by August 2015.
Presently company has over $18,000.000 in assets and expecting to have approximately $1,500,000.00 in revenue by the end of the year. The nature of business activities changes the accounting information day after day. The eFUEL EFN CORPORATION has established two credit lines with Exxon-Mobil and Euro-American Finance Network, Inc. This will help the company to maintain a good credit rating. The company is registered with the Dun & Bradstreet agency.
The management is close to closing an asset purchase valued at $5,000.000 and is presently generating very impressive revenue. However, when eFUEL EFN CORPORATION closes this deal the asset value will increase to $23,000,000 and revenue will increase substantially. The company should close deal in 1st quarter of 2015. CEO Directly Stated in Phone Call that Company is Worth 23m, Which Indirectly States that the Acquistion Has Been Completeted $EFLN Share Structure A/O Mar-31-2015 (No Change In FLOAT in Over Year):
Restricted Shares: 724m
Publicily Traded Float: 1.17b
EAFN (Private Funding / Business Partner): 845m Shares
That would leave 330 million shares in the publicly traded float not held by insiders assuming the 845m doesn't include the restricted shares.
Mrs. Stefanovic is pleased to report to share holders that an agreement with Joseph Cillo has
been reached with respect to the eFUEL EFN, Corp. Prefered "A" Shares. At the present time.
Euro-American Finance Network, Inc. owns two hundred-foruty five million ( 245,000,000), and six
hundred million (600,000,000) Common Shares, as well as, all the voting rights associated with
those shares. Joseph Cillo owe five million (5,000,000) Preferred "A" Shares. The remaining
thirty-five million (35,000,000) "B" Shares.
With the shares outstanding at 1.89b and 724m restricted, that leaves the float at 1.17b. As stated above EAFN owns ~845m.
Current Market Cap: 1.06m [Company Worth 21m (Assets - Liabilites)]
CEO STATED NO R/S PLANNED IN FUTURE
IBOX Updated By L_Rab
Share Structure as of March 31- 2015
|Shares Outstanding ||1,899,982,109 |
|Float ||1,175,254,801 |
|Authorized Shares ||2,500,000,000 |
|Par Value ||0.0 |