Trying to hustle the dough
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
8911 @ 0021
There was just a 10911.
They could be a little more creative.
my bad, i just woke up from a long-ish nap.
That sir, looks like an SOS @ 12:43
Please keep it within the current decade.
That's a good question.
What was the **entertainment crew's** incentive for tipping us off to the R/S?
Maybe they knew it was off the table before we even knew it was on the table?
Perhaps then, they were still short- and they tipped us off to induce a panic sell so they could cover.
They came to this board after close on the 9th.
Should they have used the trading day of the 9th to begin covering before they informed us...
230M shares have traded since then.
That still leaves around 150M out, which is still 25% of the assumed A/S.
The Magic 8 Ball doesn't lie.
Neither do the stats from The SEC.
Yes, that is correct. 383.8M
Straight from the SEC.
Now, is it any wonder why the *entertainment* recently showed up?
1990 what?
We got's the real DD... in the here and now.
And if the SEC's fails data weren't enough to convince you....
When I asked the Magic 8 Ball "Are 383M EFLN FTD's good for the shorts?"
Magic 8 Ball replied, "Outlook not so good."
Bazinga.
EFLN Fails-to-Deliver Data
The second half of May FTD data was released today.
Before I get to this ridiculously astounding figure....
In all of April (before the r/s adoption) EFLN had 2.65M FTD.
The grand total for all of May....?
383,827,156 Fails-to-Deliver
Shorting into a R/S is a no brainer.
You don't have to cover after the execution date / CUSIP change.
But uh... on 6/11/10 the R/S Amendment was rescinded.
All of those fails are going to have to be covered.
Man oh manischewitz.... that squeeze is gonna hurt some fools like you wouldn't believe.
oh snap.
EFLN Fails-to-Deliver Data
The second half of May FTD data was released today.
Before I get to this ridiculously astounding figure....
In all of April (before the r/s adoption) EFLN had 2.65M FTD.
The grand total for all of May....?
383,827,156 Fails-to-Deliver
That's 85% of the A/S.
Man oh manischewitz.... that squeeze is gonna hurt some fools like you wouldn't believe.
oh snap.
http://www.sec.gov/foia/docs/failsdata.htm
I think the sidelines are pretty full.
After the confidence buster last week, a majority of the spectators are probably waiting for a confirmation of the contracts mentioned in the last PR.
Patience young Jedi's.
Patience will be rewarded.
After the reverse mind job they pulled on the shorts last week, EFLN is quite probably preparing for a shock and awe PR campaign to add insult to injury.
All of this is my opinion, a logical sounding one at that.
Seeing as though the FTD's the first 2 weeks of May totalled 291.65M, and the next release of the second half of the month should be greater than or equal to that.... the o/s should be more of a concern to the shorts at this juncture.
In case you missed it earlier
Interesting Statistic
EFLN
Fails To Deliver-- All of April... 2,655,092
Fails To Deliver-- 1st Half of May ... 291,677,822
100x the FTD's in the first two weeks of May than in all of April???
I wonder if that 4/30/10 R/S adoption (recently rescinded) had anything to do with that?
291.65 Million FTD's = 64% of the A/S.
I can't wait to see the FTD's for the second half of May and the first half of June.
The negative facilitators would not have shown up if they thought the R/S was actually going to be executed. I mean, why point out the R/S when it could've been quietly shorted until it's execution date?
I think the shorts caught wind that the R/S was off the table before we knew what was going on.
They then deployed the negative facilitators to try to induce the mother of all panic sells.
Much to their dismay, and much due to our cohesive efforts on this board... things didn't and aren't going their way.
I got the G.I Joe kung fu grip on my shares.
19's just getting hit.
Early morning sour hour is about to wrap up.
And I agree, the truth will prevail... just not the early 90's version that some are selling.
Can you point out the part where it says found guilty and/or went to jail?
I mean, if no body went to jail-- these complaints can't be much worse than a speeding ticket.
Interesting Statistic on EFLN
EFLN
Fails To Deliver-- All of April... 2,655,092
Fails To Deliver-- 1st Half of May... 291,677,822
100x the FTD's in the first two weeks of May than in all of April???
I wonder if that 4/30/10 R/S adoption (recently rescinded) had anything to do with that? LOL
291.65 Million FTD's = 64% of the A/S.
Bazinga.
Shock and Awe news could make this the mother of all short squeezes.
p.s. don't take my word for it, check it out for yourself. DD is good for you
http://www.sec.gov/foia/docs/failsdata.htm
Interesting Statistic on EFLN
EFLN
Fails To Deliver-- All of April... 2,655,092
Fails To Deliver-- 1st Half of May... 291,677,822
100x the FTD's in the first two weeks of May than in all of April???
I wonder if that 4/30/10 R/S adoption (recently rescinded) had anything to do with that? LOL
291.65 Million FTD's = 64% of the A/S.
Bazinga.
Shock and Awe news could make this the mother of all short squeezes.
p.s. don't take my word for it, check it out for yourself. DD is good for you
http://www.sec.gov/foia/docs/failsdata.htm
Interesting Statistic
EFLN
Fails To Deliver-- All of April... 2,655,092
Fails To Deliver-- 1st Half of May ... 291,677,822
100x the FTD's in the first two weeks of May than in all of April???
I wonder if that 4/30/10 R/S adoption (recently rescinded) had anything to do with that? LOL
291.65 Million FTD's = 64% of the A/S.
Bazinga.
Out of date scare tactics or up to date truth?
I'm going with the latter.
MOASS
p.s. don't take my word for it, check it out for yourself. DD is good for you
http://www.sec.gov/foia/docs/failsdata.htm
Best way to contact Frank is via his phone.
727-698-7492
Actually it was 2 Preferred for 1 Common convertible after 1 year.
If you look at that filing, their issuance coincided with the addition of 2 new directors.
Each director presumably got 17.5 mil. shares on 5/19.
The closing price on 5/19/10 was .0011
That's $19,250 a piece.
Here's where I'm gonna blow your mind.
The voided 40:1 r/s was for common stock only.
If the r/s were to have actually happened and the closing price before the cusip change was .0011,
it would've opened at .044 with a new ticker.
Should it have held that price till 5/19/11, each director could've converted their preferred's into 8.75 mil common shares worth $385,000.
I can see why you showed up.
They rescinded an insider 20 bagger.
The shorts who were banking on a cusip change so as not to have to cover?
Tough luck.
This is old news, we've all seen this.
They refer to the business as the issuer
The $1,000,001 to $5,000,000 is the size of the issuer.
You've construed that figure to be a dollar amount of shares to be sold, which it is not.
Next...
Line 8
Does the Issuer intend this offering to last more than one year? NO
We already experienced the dilution you speak of.
It quickly dried up on 5/1/10.
365 days after the date of the first offering.
Keep on digging.
Good morning Smitter.
Here's to the start of a much anticipated week.
Any chance we can get posts 18639 & 18653 consolidated & stickied?
EFLN = super sleeper.
Check the sticky DD on the EFLN board.
We've gotta sleeper here.
Gonna blow like the Yellowstone Caldera
I don't think tipping off the MM's is a good idea.
I'm not going to disclose my limit orders.
I have many and they are not cheap.
Yeah Smitter, as PIZZABUSTER would say....
YOU DA MAAANNNN!!!!
Indeed. This is going to a summer to remember.
With the Hawks winng the cup, EFLN about to blow up....
I could careless about the Cubs for once.
Depends on the news.
You mentioned 3 different potential PR's.
I think the first piece might net us a 3 bagger and a new base.
I'd like to see a shock and awe campaign, those 3 pieces spread out over a week or two.
You don't want the keg to run dry before all the party goers show up.
All stop signs have that warning.
The last filing with the FL Sec. Of State had it at 450 mil.
I'm not sure if the RegDex 504 changed any of that.
You can view all of their filings @ Sunbiz.org
Click "Look up a business name"
Type in Efuel Efn Corp.
You can view all of their filings/reports.
It would not surprise me if the *canine crew* posted those reviews.
Getting that irate over 5 bucks is just a smidge ridiculous.
Would be nice if the company took advantage of Thursday's sell off and bought some back... close to 100 mil volume that day.
Wishful thinking... though so was getting the r/s called off.
See my posts 18639 & 18653
If you do the math in post 18653, an increase in the a/s would be counter productive to the no r/s vote Friday.
An increase in the A/S could bring dilution to the common stock thus making the convertible 2:1 preferred.... less preferrable.
Been there done that. Let's go everyone.
If you want to see this break out, do your portfolio a favor and rate/review the app.
EFLN MUST READ
This R/S no vote might be bigger than we all think.
They filed for the r/s in April.
On 5/19 they issued 35 mil Class B Preferred convertible 2:1 after 1 year.
On that same date they added two new directors.
Surely the issuance of the preferred stock was for the noobs.
The r/s was for the common stock only.
2:1 convertible after a 40:1 r/s = huge increase in pps for the convertibles.
if they put the kaibosh on the r/s.... something big must be on the way.
Here's the math behind my last post & why this is huge.
35mil x .0011 (closing price on 5/19) = $38,500
$38,500 / 2 = $19,250 (17.5 mil shares) per new Director.
Now if the common stock 40:1 R/S was executed @ .0011, the new price would be .044.
Should that price hold to the convertible date, the $19,250 each director owns in preferred stock would be worth $385K in common stock.
That's an inside 20 bagger they voted no to today.
(GOVERNMENT CONTRACT NEWS EXPECTED MONDAY)
EFLN MUST READ
This R/S no vote might be bigger than we all think.
They filed for the r/s in April.
On 5/19 they issued 35 mil Class B Preferred convertible 2:1 after 1 year.
On that same date they added two new directors.
Surely the issuance of the preferred stock was for the noobs.
The r/s was for the common stock only.
2:1 convertible after a 40:1 r/s = huge increase in pps for the convertibles.
if they put the kaibosh on the r/s.... something big must be on the way.
Here's the math behind my last post & why this is huge.
35mil x .0011 (closing price on 5/19) = $38,500
$38,500 / 2 = $19,250 (17.5 mil shares) per new Director.
Now if the common stock 40:1 R/S was executed @ .0011, the new price would be .044.
Should that price hold to the convertible date, the $19,250 each director owns in preferred stock would be worth $385K in common stock.
That's an inside 20 bagger they voted no to today.
(GOVERNMENT CONTRACT NEWS EXPECTED MONDAY)
EFLN MUST READ
This R/S no vote might be bigger than we all think.
They filed for the r/s in April.
On 5/19 they issued 35 mil Class B Preferred convertible 2:1 after 1 year.
On that same date they added two new directors.
Surely the issuance of the preferred stock was for the noobs.
The r/s was for the common stock only.
2:1 convertible after a 40:1 r/s = huge increase in pps for the convertibles.
if they put the kaibosh on the r/s.... something big must be on the way.
Here's the math behind my last post & why this is huge.
35mil x .0011 (closing price on 5/19) = $38,500
$38,500 / 2 = $19,250 (17.5 mil shares) per new Director.
Now if the common stock 40:1 R/S was executed @ .0011, the new price would be .044.
Should that price hold to the convertible date, the $19,250 each director owns in preferred stock would be worth $385K in common stock.
That's an inside 20 bagger they voted no to today.
High Five
(GOVERNMENT CONTRACT NEWS EXPECTED MONDAY)