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10mill Dumped at .0007.
Assuming it will have an effect.
It only takes a 1mill whack to see .0006 at the moment. That's far from impossible.
Yeah, I was a little surprised when I only saw about 3mill bidding around 11am. It's all good though, I'm bidding lower than that.
That looks interesting.
Par value has no influence on the market price and never has. The revenue, assets and debt have to part in "determining" the Par value. I say that in quotes because Par value is not a calculation; the founders just pick a number when they form the articles of incorporation.
Book value is probably what you want to focus on. Book value is the statistic that will move this. Oh, by the way, the book value is $0.007.
Paint Jobs. You people raise hell when you think the MMs are manipulating the price down. But you hypocrites have no problem with an ask slap-paint job. It cracks me up.
As to EFLN. I'm bidding lower, since people are selling at the bid. I expect it to break eventually.
Once the CE is removed it may or may not have an affect on the price. Either way, EFLN is horrendously undervalued. I think that eventually EFLN's worth will be realized and a huge market correction will take place.
I for one was expecting a little more action today.
Some ask hitting sets it in motion I bet.
Open should be pretty thin. People selling down here are crazy. So much more to be had on the way up.
I'll be adding today. Anything under $0.007(book value) is profitable.
EFLN, a profitable OTC Pink company. Very, very, very rare.
I like this picture.
I think I mentioned a line of credit through EAFN in an earlier post. I revisited the Annual Report and it's actually 10 million dollar line of credit. As it is they're paying the bills with revenue and have no need to go in debt.
Might I add, they they were apparently right on about the revenue increase in the Annual Report, evident in recent the "Facebook PR" that specified a 600% increase.
Choice Trade is a broker. As with all brokers they have regulations on trading. This broker does not let its customers trade stocks priced at .0009 and lower. This means Geronb can not add to his position at these levels. I'm sure he could sell if he called Choice Trade, though.
Go EFLN.
EFLN is a 10-bagger from these levels if the values already existing in the Annual report are solidified in filings to come.
Pretty sure it said in recent Annual report that EFLN has a 100 million dollar credit line with EAFN. Just additional info.
.0013 up and thin.
I like the chart. When ever TLFX hits these levels it pops up to the .002 area, in some cases higher.
From recent filling -
The company also has a planned patent filing for 2nd quarter of 2013
The company secured renewal of TURF contract with Goodman Networks as a Tier 2 supplier to AT&T for 4G/LTE Tower upgrades. The company was assigned to markets in North and South Texas, Missouri, Arkansas, Louisiana.
Agree. I certainly hope it is gone by at least the end of this month. From what I gather from my experience talking with management and this board's supposed interactions with them, I can say I have confidence that they are making an effort. Though, it would be nice if they would use PRNewswire instead of Facebook for public announcements.
It can break if it wants to. I'll indulge on some insane cheepies.
Or not.
Looks like sellers are done.
Good day to add imo. Chart says this has nice upside potential from this area.
.0009 Getting filled.
It's retail. MMs aren't playing the games today.
Hope there's some bid support somewhere.
Actually, it was a 50k trade first. The 20k Trade was second.
Ask is a little heavy.
800k @ .0013 ask.
No sellers at the moment. Little buys could move EFLN up quite a bit.
Going to be an interesting day indeed.
$EFLN
EFLN. .007+ Book value.
$10mill in assets.
NO DEBT
Profitable
527M tradable float. The rest is locked up.
Recently announced a 600% increase in revenue.
CEO filing attorney letter removing CE.
Also filing Q 1,2 numbers to get current.
All words form the CEO.
Acquisitions from private multi-milion dollar parent company EFAN to come.
EFLN is rated STRONG BUY @ Barchart.com!
http://www.barchart.com/quotes/stocks/EFLN
#45 on most read boards
$EFLN
#12 on BO boards.
EFLN
I think you mean more than .007 Book value now with that 600% increase in revenue.
$EFLN
Most definitely.
$EFLN
Once fillings solidify this information there will be a HUGE market correction. EFLN is roughly 1000% from its book value.
$EFLN
With the 600% increase in revenue EFLN might just be over .01 book value. Haven't done the math, & am not sure if that's a year over year increase or a quarterly increase. Either way, it's awesome news.
$EFLN