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EFLN - R/S Canceled.
VERT and VFIN heavily buying up shares.
Should get interesting on Monday.
We'll be fine. There won't be an R/S and we should move into the 2's today
None taken but IMO, I think all the panic sellers are gone and no one will panic if we don't see a PR. Anyone who wanted out got out yesterday and the remaining folks are strong hands and new money.
Who knows when the meeting will be but if we don't get a PR this morning, no one is going to panic.
The fact that they called a meeting after investors went through the roof leads me to believe they will PR the results after the meeting.
IMO, they will cancel the R/S and we move into the mid 2's.
Gee, I wonder where all the bashers went? Must have got their cheapies from the panic sellers and shut their mouths.
TY, looking for that news. Agree.
Nope. I'm guessing at 9 this morning but it cold be going on right now and they could PR results prior to open which would rock.
Nice, what do you see the PPS being after today, should PR cancellation of RS
You still in EFLN?
Quiet time before the storm.
Up or down, this company either sinks or swims today
EFLN has done remarkably well today all things considered. Only 4 million difference between buy and sell thus far. We could close at 2 no problem with a good power hour.
Gonzo is a "small time investor" in his own words but has posted on 446 different board.
Are you back in?
EFLN News - Apparently the R/S paperwork was legit but obviously ticked off a lot of investors. Lets see if EFLN can regain some credibility and rescind the R/S.
Still in play...
eFUEL EFN, Corp. Announces That There Will be a Board Meeting on Friday, June 11th 2010
TAMPA, Fla., June 10, 2010
GLOBE NEWSWIRE
eFUEL EFN, Corp. (Pink Sheets:EFLN) announces that it will hold a Board Meeting on Friday, June 11, 2010, with the intentions of withdrawing its previous filing, dated June 2, 2010, for a Reverse Stock Split.
About eFUEL EFN, Corp.:
eFUEL EFN, Corp. ("eFUEL'') is a publicly traded company listed on Pink Sheets under the symbol EFLN. eFUEL is an internet services company offering a wide variety of products including but not limited to background screening and verification sites, including www.ValiMate.com, www.VeritasID.com, and www.FastandEasyID.com, www.BackgroundAnswers.com and also www.VerifiAmerica.com, on-line dating sites www.outRAGEousEncounters.com and www.PositiveLove.com, and recently launched a new service called Easy ID, the fastest, easiest ID verification available on the internet. This product will be offered to all new members who purchase any www.eFUELstore.com service. Simply enter a person's full name and birthday and the background information will be provided. This service is also available at the company's main site www.eFUELstore.com or www.ValiMate.com. For additional Product information, go to our corporate site at www.eFUELcorp.com
Safe Harbor Statement: Certain Statements in this press release constitute "forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
CONTACT: eFUEL EFN, Corp.
Investor Relations:
Frank Pinizzotto
727-698-7492
Read the board. If anyone can be believed, EFLN never filed paperwork with FINRA which means RS can't go forward and folks have called and been informed that R/S is bogus.
EFLN still in play. R/S paperwork is possibly a forgery.
Stay tuned for one heck of a learning experience and one heck of a ride.
15 x 15 bid ask...R/S possibly wrong.
I had a sell in at 008 but if we get a short squeeze, we could move over a penny.
Canceling sell, putting on in at 4 cents.
Maybe he's in on it...
If this is true, there is something huge brewing in the works of EFLN
Nice 13 buy my friend. I think you'll be happy with the purchase.
Nowhere near as bad as I thought it would be. Moving up here.
Who sold at 12, 13 x 15 now...
I have no dry powder of I would be all over this like stink on a monkey.
There will be some pissed people when we close at 25 today.
Something stinks here on the MM side.
It's pinkyland, anything is possible.
The very fact that BB is putting his rep on the line by posting on a the EFLN board is reason enough for me to cancel my sell order.
Maybe I'm putting too much faith in one poster on iHub but having BB show up here is awesome.
Oh and if they didn't file the R/S PW with FINRA, then the R/S won't happen.
OK, we all know there will be a massive dump this morning as people head for the exits en masse. Lets not delude ourselves into thinking we aren't goingto see a 50% loss. Folks, I hate to break it to you but its probably coming. There is too much anger and fear for it not too happen.
What you do is your own business but once the dump is over, what happens then? Do folks play the bounce and drive the price back up? Does the company PR a voided ammendment and no R/S? Do they release news concering gevernment contracts, uplisting etc? I don't have the answers to these questions and neither does anyone else except the company.
I think the company is stupid to continue with the R/S especially since the chart was showing breakout and the PPS was heading higher on it's own. No reason to screw investors with a R/S when they are showing signs of loyalty. With that being said, I won't vouch for their character so if they are scammers, they don't give a flaming rat terd about the SP.
We'll all have to wait and see.
I know they filed before their success. If they do the right thing and don't RS, this puppy will fly.
Problem is, we are going to have to wait until Friday for them to officially announce if they are going to do it and unfortunately, the damage is done.
I'm going to hold and ride it out. They don't need to do this split and it would be to their benefit not to.
25 might be a bit high. If we don't get wholesale tankage tomorrow and stabilize around 2, the Friday meeting and subsequent PR will have a lot of folks looking this way.
EFLN Scenarios - 40-1 R/S (Not a bog fan of these)
I was gone all day today and did not watch the action. I came back after the bell and saw the great day with the exception being the last hour or so. I then began to read up on the R/S rumors/news/meeting etc. After calming down and taking a few deep breaths, here is what I think will happen tomorrow.
Scenario 1: A lot of position holder try to bail and sell as fast as they can at the bid with market orders tanking the price to 0009 or 001. Once they unload, we drift in that range and most likely close at 001 or 0011. Everyone is pissed and in the red. The board lights up with posts about how we are all going to call the SEC and report EFLN blah blah blah. Long story short, we got screwed by a stinky pinky who is going to RS on us and dilute to steal more money from a new batch of investors long after we are all gone.
Scenario 2: A lot of position holders try to bail and sell as fast as they can at the bid with market orders tanking the price to 0009 or 001. Once they unload, a bunch of buyers swoop in and play the bounce back to 0022 or 0023 where these dudes unload and retank the price to 001. We close there, see above SEC posts and screwjob.
Scenario 3: Folks try to bail but the folks playing the bounce far outnumber them and the price only tanks to 0015 or so and then rockets to 0025 where they sell and price finally stabilizes at 002. Folks are happy and no one thinks the company is screwing us just yet. Holders are willing to hold with a wait and see attitude.
Scenario 4: No one tries to bail and the folks who wanted to play the bounce decide to jump in. MM's are short with no sellers. Price climbs to mid 3's and settles there. Company leaks PR that R/S will most likely not take place. Everyone is happy and no one calls the SEC.
Scenario 5: Some try to bail, others pick up the shares. Sideways trading dominates day with people looking for a PR following Friday meeting of the minds. Folks are happy, no one dives off a building. SEC is not called.
Scenario 6: Everyone bails. Price goes to 0001. Company is a diluting POS with scammers leading it. Everyone is pissed. Welcome to pinkyland.
Who knows which one plays out. Bottom line is do what you need to do in this play and realize that if we do lose money, it should not have been the mortgage or your kids college.
Hopefuly we don't see major tankage.
Cheers,
JP1101
I was gone all day today and did not watch the action. I came back after the bell and saw the great day with the exception being the last hour or so. I then began to read up on the R/S rumors/news/meeting etc. After calming down and taking a few deep breaths, here is what I think will happen tomorrow.
Scenario 1: A lot of position holder try to bail and sell as fast as they can at the bid with market orders tanking the price to 0009 or 001. Once they unload, we drift in that range and most likely close at 001 or 0011. Everyone is pissed and in the red. The board lights up with posts about how we are all going to call the SEC and report EFLN blah blah blah. Long story short, we got screwed by a stinky pinky who is going to RS on us and dilute to steal more money from a new batch of investors long after we are all gone.
Scenario 2: A lot of position holders try to bail and sell as fast as they can at the bid with market orders tanking the price to 0009 or 001. Once they unload, a bunch of buyers swoop in and play the bounce back to 0022 or 0023 where these dudes unload and retank the price to 001. We close there, see above SEC posts and screwjob.
Scenario 3: Folks try to bail but the folks playing the bounce far outnumber them and the price only tanks to 0015 or so and then rockets to 0025 where they sell and price finally stabilizes at 002. Folks are happy and no one thinks the company is screwing us just yet. Holders are willing to hold with a wait and see attitude.
Scenario 4: No one tries to bail and the folks who wanted to play the bounce decide to jump in. MM's are short with no sellers. Price climbs to mid 3's and settles there. Company leaks PR that R/S will most likely not take place. Everyone is happy and no one calls the SEC.
Scenario 5: Some try to bail, others pick up the shares. Sideways trading dominates day with people looking for a PR following Friday meeting of the minds. Folks are happy, no one dives off a building. SEC is not called.
Scenario 6: Everyone bails. Price goes to 0001. Company is a diluting POS with scammers leading it. Everyone is pissed. Welcome to pinkyland.
Who knows which one plays out. Bottom line is do what you need to do in this play and realize that if we do lose money, it should not have been the mortgage or your kids college.
Hopefuly we don't see major tankage.
Cheers,
JP1101
BM's are up to 239, looks like we are getting a bit more interest.
I'll be out all day but will check in this evening.
Yesterday I was gone all day and we closed up 33% so today I expect a close in the 26 or 27 range.
Have a great day all!
Welcome Smitter!
I can tell you from previous experience, the board will be very hapy with smitt as a mod.
6/8/10 Stock Picks
CDIV - FLD play
EIGH - FLD play
GRNO - FLD play
PNTV - FLD play
EFLN - News Runner
EVEP - Non-penny, long term dividend play
No one knows for sure but a few folks have called the comapny and it sure sounds like we'll have an0830 PR tomorrow. The general consensus is that it is going to be a great PR which should push us into the 3's.
We'll see.
EFLN will do very well. Chart looks great and with good news, this baby will soar. The company is getting it's act together and delivering on their promises. Those who get in now will be in on the ground floor. I think we can easily go to 003 or 004 short term and with increased interest, we can probably see a penny within a month.
I think we need to concentrate on the near term PPS which with a good PR should put us in the mid 003 to 004 range. I can see us churning through there a bit and doing a bit of consolidation. If EFLN moves into te 3 range, it will attract a lot of buyers.
.01 to .03 is not out of the question but I am not going to pump those prices because they inveitably let investors down when they don't materialize. .1 to .3 is very possible long term but the company will really have to deliver and a short squeeze will have to ensue.
Focus on the strong support we are building here and when we are trading in the 005 range, you will look back on this day and be happy you held.
Nice day for EFLN today.
Up 33% on 24 million in volume with potential news tomorrow.
Should run well from these levels.
Wow, what a day! Gone all day and we close at 002!
Awesome day with potential news tomorrow. I wish I could be there but I have an all day drive tomorrow. Keep up the great work folks, patience pays off. EFLN is going places.
8 mil more buys than sells today.
I think it's going to be a quiet low volume day. Tomorrow we should get a PR and hopefully things begin to move north. My guess is we close flat today which wouldn't be a bad sign. I think most of the sellers are gone.
Buys outnumbered sells yesterday so there are folks with shares in this range.
Stay positive, we'll do fine.
Howdy Bob,
I have to run, got to work all day but I just wanted to say good morning and that I'm still in the FLD's for the long haul regardless of how many there are.
Have a great day all!
JP1101