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So obviously you didn't read my very POLITE posts yesterday warning some of the pumpers that didn't believe the OTC fraud and how rudely I responded to. ALSO yes when I engage in civil conversation and someone is really nasty back, I do not mind if they lose. That means they will more than likely go away. So why don't you do a little research before you walk in at the end of a conversation with your "not cool".
That is why they buy back for .0001 when trading resumes on April 4. You know, all those shares they sold short yesterday for .001 and up.
NO ONE SOLD THEIR SHARES YESTERDAY! LOOK AT THE TRADES! IT WAS ALL MM's. Did anyone see the cross trades yesterday? The only people that bought were the shorts that were covering. No one got their orders filled for a profit. The shorts suckered in a few people AND THAT IS WHO SOLD YESTERDAY. That is why they kept the PP where it was.
I was just reviewing that with someone. I guess they don't know how to read the old fashioned ticker tape...although now electronic. A listing of all the trades as well as the spread between the bid and the ask. The shorts had a field day with all the suckers and now they are going to make a killing when those suckers have to sell back there shares at .0001. You know some MM's were out partying last night.
No you didn't. Looking at the trading tape from yesterday as well as the spread between the bid and the ask, the only thing you made was your trading fees. Yes it was halted by the SEC.
Sorry kid. You live and learn. We tried to warn you. If it does open on April 4th, it will open in the trips. The shorts are celebrating as we speak because they sold you their shares at .0012 and will buy them back from you at .0001. Don't hold when trading resumes, try to get anything out of this one even if it is a couple bucks. Next time you may want to listen to the seasoned traders.
Shows you how much they care about OTC.
LOL looks like the SEC, they got the symbol wrong.
Look at this company...they look like this is going to be a HUGE partnership.
http://www.axihub.com/
http://axihubfinancial.com/index.php
Did you see today's PR
You NAILED it! They are in what's hot. Best thing is, they have everything to gain and an awesome hedge on any loss. Their portfolio keeps growing and looking more lucrative every day!
Unbelievable.
Well, if you read the messages you would know that Dave said there was a retraction. i posted the link because there was not retraction posted on OTC. IF there was a retraction, they would have posted it!!!!!!!They did not post a retraction on OTC. I am done with these conversations today. Nobody is reading, doing DD, and you're coming up with the most ridiculous posts. HERE IT IS...ELFN GOT DESPERATE, FORGED A DOCUMENT, GOT CAUGHT, FRAUD INVESTIGATION HAPPENING, WILL GO DOWN TO NO BID, EVERYONE CAN INVEST AND LOSE THEIR MONEY!!!!!!I AM DONE WARNING!!!!!!!!
Right, so the general public can forge letters, send it to a corporation, and then they will post it? Wrong. If you read the CE removal process, the ATTORNEY representing EFLN sends a letter to the OTC (as was stated in a PR earlier). At that point, there is a reply sent to the attorney representing EFLN as per an NDA. This is all EFLN. They have a history of doing stupid things. Good grief, they burned down their own property because the state of Ohio said it was a hazard and needed to be fixed and they were arrested and charged for arson (public records). Go ahead and stay in it, you have already lost money, hopefully you won't loose too much more before you learn.
So someone else forged the letter and then PAID for the PR (yes, IHUB does charge for that). That payment came from somewhere...it cane from ELFN's account. Even if the CEO did not do it (which I am sure he did) he has to be responsible for his employees. The general public cannot get PR's done when they don't work for the company. There has to be an account and account verification. Sorry you got suckered in this morning. People are trying to dump and you got taken advantage of. Stick around, you'll learn.
This is what the sticky is referring to. EFLN posted a forged letter from OTC saying that the CE is being removed. This is not correct. The article from OTC claiming fraud was posted on March 20. The letter below was posted on March 19. The sticky is referring to disregarding the below letter posted by ELFN. Wow...I cannot believe we have to go into such deep explanation. As you can see, the cheerleaders from this morning are gone. They did what they needed to do to lure people in.
Review of Disclosure and Attorney Letter for eFuel EFN Corp.
Print
Alert
March 19, 2018
Ljubica Stefanovic
President
Efuel EFN Corp. (“EFLN”)
1212 South Main Street
Wildwood, FL 34785-9404
Subject: Review of Disclosure and Attorney Letter for eFuel EFN Corp.
Dear Mr. Stefanovic,
We have completed our review of your December 31, 2017 Annual Report and related Attorney Letter and have determined that the information contained in these documents comply with the OTC Pink Basic Disclosure Guidelines, therefore we are able to remove the Caveat Emptor flag at this time.
Please direct all further communications regarding the removal of the Caveat Emptor sign of Efuel EFN Corp. to me directly.
Thank you,
Michael Vasilios
Executive Director, Head of Issuer Compliance
(212) 896-4486
mike@otcmarkets.com
You mean the PPS is up 4. Looking at the bid and the ask this morning, you would not have bought at .0009. You would be lucky to buy at .0011. Now that the ask is at .0012, you might try to get out and only worry about the loss you paid on the trade.
https://www.otcmarkets.com/stock/EFLN/news
Doesn't look like OTC posted anything.
Then post the retraction. You can't because their isn't one.
I see you have just started following this today. Well, they have done this before. Looks like the volume is drying up. It has been up 4 several times. Of all the times it has been up 4, this is not the time to take a position. I got out on the last run and knew that K was not good enough (as most of us realized) to get them close to current.
That bid is about as fake as the OTC letter
Be careful, you may not be able to get out.
DD is key old man. You have seen it and I have seen it. The ones that are left trying to get out make a quick pop to lure in the rookies and make a clean getaway. I am surprised they did not halt this one. Oh well, they live and learn like we did.
I think it is a game of "see if I can catch some rookie's" We don't have time for this. Here's a link to an OTC I have been following that says the SAME thing. I guess we need to do a lecture on GAAP reporting and FASB regulations.
https://www.sec.gov/Archives/edgar/data/1531266/000156761917001564/s001747x1_s1.htm
Nice to see your back. I haven't seen you since this was .0007. So if you had invested $10,000 back then you would be sitting on $91,000 right now. Well keep up the DD, it's working.VSTR
stock king 1 Tuesday, 09/08/15 10:18:31 PM
Re: None 0
Post #
1000
of 30652
will hit dollar by end of December watch and enjoy
I will. Time to get Flip Flops TXHD
For OTC to actually write an alert that this was a fraudulent act is beyond anything I have ever seen. We have never seen this kind of volume ever. That last huge run was the pump and that letter relieved them of any shares they needed to split town. This one is done. The CE is there for a reason and ELFN had horrible reporting which everyone knew was no where near enough to remove a CE. Any buying here is wasted money.
We also know that some of these companies in their portfolio is ripe for a buyout. When that happens, you won't need a Q to see this move fast. I think it will be that first one that does it, then it will become more frequent.
They probably want to sell on the news due to the volume. If a flipper gets in this, the volume can be good, but then the volume can dry up for a couple weeks. This week will be important. I have noticed the new floor seems to be .005. That is pretty good since the floor most recently has been .002.
SPEA Symbol changed to CKXE, before it was bought. If you are a Sykes fan, TLRG was a hot one as well. And who can for get SIRI. Went down to $.05 Had to R/S as they got booted from the NASDAQ, had to R/S. There are several more that have R/S. Still as you see the Champ and I are risking $350 bucks. TXHD still has rising revenues and paid a note cash rather than diluting more shares...even though they could and to the R/S after. The question isn't why someone is on here doing negative posts because we want sunshine and roses. It is why would someone spend enough time making over 1000 posts that are negative? I guess you have to look at the value of one's time.
You're late to the party. Everyone knows I got out of this long ago after the run. When it came down, I bought 1 million shares at .0003. So I have a whopping $300 in this so I really don't care. So obviously you have never been in a penny that R/S and went on a major exchange. I have done that twice on the NASDAQ and once on the NYSE. The link below can help you learn. Although I got through with my subscription you may not be able to read the whole thing. Oh, and I noticed you have had 5 posts on this board. Just curious why you would be interested in this all of a sudden. Especially if you have nothing good to say about it. TXHD
https://finance.zacks.com/reverse-stock-split-good-bad-2298.html
stock king 1 Tuesday, 09/08/15 10:18:31 PM
Re: None 0
Post #
1000
of 30603
will hit dollar by end of December watch and enjoy
You're wrong.
No it doesn't. I have had pennies do that to get listed.
Maybe if it is a good Q, they will announce on Monday before open.
Yes, at .0002 they are risking $200 bucks. Hopefully they have 50 other holdings their paying attention to. If, after the reverse split the company still has growing revenues and increase of clients like they say, you can get a double or triple. And yes, that does happen because I have been in stocks that have done a R/S before a big contract that was signed so they could get listed. Just my experience but for $200 who cares. You have to remember most of the posts are from people that have been on this board for years posting the same thing.
I don't know if I would have done that. Their revenues have continually increased. They have better financing at this point. They also said in their last interview they had financial advisers that will work on getting them listed. This bull on the board about R/S dropping 80% is just that, bull. I would wait until the next Q.