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Saturday, March 25, 2017 3:47:58 PM
If we add that Gold Mine's Equity Value or Net Asset to the existing Huge number ($15.453M+) then EFLN should have much much higher Positive Book Value now. The Real Current BV could be Ten Times higher ($0.063 or above)!
EFLN (worth $0.0063 a share) is a Sole Investment-Grade OTC stock among ten thousands of OTC peers v.s. it is trading at 95.24% Huge Discount price $0.0003 now!
Great news and Updating On 02/06/2017 --- see the link below! Updated business and financial reports! OTC Tier-Upgrading in 2016 --- from Non-reporting to Reporting! Multiple New Business Plans!
EFLN can easily hit the recent high 0.0016 again since the float is the FIXED and SAME and the Book Value will be much much higher than before!
EFLN only had 120M shares of Maximal trading volume since May of 2013 --- see the second chart below. The public float available for trading below 0.0017 is estimated less than 100M shares...
For any OTC stock the so-called "audited" financials are not important at all! The company should spend more money (say $40,000) to buy back EFLN floating shares (such as 100M shares at $0.0004) to absorb more floating shares, instead of paying very expensive real cash for the useless auditing.
Should the company buy back 100M shares at $0.0004 then EFLN will never fall back to $0.0003 or below again! In fact EFLN had ever been traded at $0.0016 ~ $0.0004 for one and half a years --- see the chart below.
http://finance.yahoo.com/news/efuel-efn-corp-announces-lease-133000662.html
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