Efuel EFN Corp.
As of January 2014, EAFN has placed $17 million in asset into eFUEL, assets with a net cash value of approximately $400,000 per fiscal quarter. This infusion enables eFUEL to move aggressively, purchasing additional assets, engage in new product development, implement distribution agreements, expand its retail holdings, and acquire new real estate holdings: i.e., shopping malls, hotels, apartment buildings, and condominium developments. At the same time, EAFN will place millions of dollars of new, positive cash flow assets into eFUEL.
We have concluded a thorough analysis of US and global markets. We have mechanisms in place and a strategy to broaden our holdings. Our present and anticipated asset placements are poised to meet the demands of the marketplace.
Current Net Equity Value: $16,346,304.40a/o September 30, 2014 Curret Market Cap: $794,847
a/o October 6, 2014
Share Structure as of September 30, 2014
|Shares Outstanding ||1,499,982,109 |
|Float ||1,175,254,801 |
|Authorized Shares ||2,500,000,000 |
|Par Value ||0.001 | In the same time period, EFLN's assets have increased over $8 Million, or +80%.
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 1.49b and 324m restricted, that leaves the float at 1.17b. As stated above EAFN owns ~845m. That would leave 330 million shares in the publicly traded float not held by insiders assuming the 845m doesn't include the restricted shares.
The CEO: Ljubica Stefanovic