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Saturday, July 30, 2016 4:06:29 PM
Anyway the Huge Book Value is 30 TIMES of the current joke low price $0.0002! Therefore it is very easy for EFLN to hit the previous highs area 0.0016 ~ 0.0021 again since the float is the FIXED and SAME while the Book Value is at much much higher price $0.0060 per share!
It is impossible to find another OTC Reporting stock with such high Book Value with Zero Dilution over Five Years!
To those hundreds of millions shares of $0.0021 ~ $0.0006 buyers: if you ever bought 1M shares at $0.0021 ~ $0.0006 then you could buy 7M ~ 2M shares at $0.0003 now by using the same amount of cash to average down your cost bases! Say someone every bought 1M shares at $0.0015 ($1,500 cost) and now one could buy 5M shares at $0.0003 with the same money! Thus the cost base will be reduced singificantly from $0.0015 to $0.0005.
To all the new investors here: with only $300 you could buy 1M shares at 0.0003 which only cost you $300 now. Then you could gain $1,800 ~ $300 when EFLN hits $0.0021 ~ $0.0006 price area again!
EFLN can easily surge back to the recent high $0.0016 again based on the FIXED Tiny float available for trading below $0.0017 --- less than 80M shares from the first chart below! 80M shares trading volume is the Maximal one since 02/2011 (i.e. over Five Years)!
http://www.otcmarkets.com/financialReportViewer?symbol=EFLN&id=151102
http://www.otcmarkets.com/financialReportViewer?symbol=EFLN&id=156606
http://www.otcmarkets.com/financialReportViewer?symbol=EFLN&id=153929
http://www.otcmarkets.com/financialReportViewer?symbol=EFLN&id=155073
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=140770
http://www.otcmarkets.com/financialReportViewer?symbol=EFLN&id=134830
http://www.otcmarkets.com/financialReportViewer?symbol=EFLN&id=129662
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107690242
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