is Brilliant but Unemployed
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CAN YOU TELL HOW MANY SHARESS WERE DUMPED AT 0.0003? Either very little, say only a few thousands, or if it was several millions, that person took a large loss, I don't understand why!?
Doesn't not touching 0.0004 this time around mean anything to you, old buddy? There was not even a "paint job" at 0.0004!
Slavo is still working to make this stock grow, not selling any (I imagine EFLN has a lot of its own stock that they purchased in the open market).
Of course he should do more advertising and he should work-out a business model that shows good earnings potential. Then again, we have to ask ourselves, how much earnings does a Company at 0.0005 need to show, so that people would believe it would go to 0.0016 and stay there?!
I am not worried, this stock will get out of these ridiculously low levels and establish a higher bottom (above 0.0005) soon. IMO
Some of it was my gut feeling because I used to own Commercial income property that was making some money but had high sewer and water charges and high taxes. So at times, I did not pay sewer (City can not shut-off sewer). I also held off on paying taxes and tried to get the City to lower it.
Also, I think I saw something on Marion Hotel recently on Yahoo Financial that made me think that Slavo might be doing similar things! You can probably find it, you are better with DD.
Go EFLN
Taxes on hotel are relatively high. I understand that Slavo paid a good portion of taxes, may be 70%. So people buying Certificates from authorities, hoping to get the Hotel for peanuts, in case of a tax default - that is not going to happen. Postponing the last portion of tax payment may be Slavos strategy. Who knows.
Go EFLN
Bidding 3,000,000 at 0.0005. Looks it will go Up again!
That is funny. What I gather from that is that Slavo is frustrated with the whole thing, I imagine the authorites at the pink sheets and some people selling his stock. I am not panicking.
Go EFLN
I bought today some chunks of EFLN, because I do not think this stock will ever hit 0.0004. It seems I was right, 5 bid 6 ask at the end.
Upwards from now again, slow, that is what I expect. I am not sure it will ever come close to book value, as ValueInvestor says, but it definitely should be able to get out of these ridiculously low 0.000s.
Investors, EFLN-ers don't worry. I don't.
Go EFLN
At that link you gave us the only news I got was "Gymnastics team heads to hotel Marion", notho\ing about any tax sales?!
May be Margrit will have another announcement on U-tube about new Markets (Taiwan, Siera Leone etc) and a purchase of 100 containers of empty bottles for new impending shipment of the product. May be stock will go up again.
I would not believe in anything she says any more, so I won't buy any.
I agree. It doesn't have any thing to hold it. Lies don't do it any more!
Sad! May be Margrit will announce the new markets these days, China, Quala Lumpur, Burkuni Faso, Thailand, and show that Marani is buying 100 containers worth of bottles! Then people will buy this worthless stock all the way up to 5 cents again.
Hey, you never know!
This stock still kicking? No more news on new bottles being bought and possible large shipments to may be Taiwan? Well, if those kind of news and possible videos come out soon, they will not fool me, like they fooled a lot of investors in the past. Good luck Margaret! Go MRIB if you can!
What Marketing and what Marketing champagne are you guys talking about? I have not heard of any Marketing of any kind lately?!
Didn't that somebody lose 5200 dollars with that sale? That was not smart!
This sounds like a reasonable explanation why this stock went to 5 cents 4-5 months ago (with all those bogus PR-s) and now is struggling to make it up to 1 cent after this latest teasing PR.
I think they should either come up with Finnacials or shut up!
Ha-ha, that is funny. I noticed the resemblance too, may be it is just a coincidence.
Go EFLN, I wish you prosperity (like Mr Spok used to say).
Zero price sounds about right. This stock had only PR-s which were all LIES and now people are starting to realize that LATE.
I am ready to sell. Better get some money back then no money at all!
It appears many people here think financials are important. I wonder, non-audited financials, why wouldn't MRIB management put them out, it can't be that hard to figure them out!
Why in the world did they even ask for May 20 extension!
All those things don't sound right!
Fair enough. It is good to hear somebody elses opinion. Thanks
Non-audited financial, why is it so hard to do?
Doesn't management of MRIB think that is important?
I am glad to hear that!
EFLN!
Sounds Disturbing: Selling their shares to us investors being their only income now! And not telling us that they are doing this!
I wonder how long can it go like this?
0.001 and up soon! And to stay there!
We just need some good news!
EFLN!
They did not pay anybody! NO DILUTION!
EFLN does not pay the Promoters, that is what I said. They know that those people make a hype, raise the price 200 to 300% and then sell to get paid, and PPS goes back where it started. We don't have that here, that is what I said.
When EFLN goes up for a while, usually 30% to 40% it is because something good has happened like CE removal, new projects in prospect etc. I wish there is more Official News from EFLN.
I don't see where and how you see a Dilution?
There is no Dilution in my opinion!
Non Reporting, no explanation of the reason and side-way trading this week in spite of all the hype here could probably bring this PPS to under 2 cents very quickly, may be lower!
I hope I am wrong, what do I know anyway?
Float estimate my way: 1,100,000,000, deduct shares owned by board of directors and EFLN company (shares that they can't sell without giving public notice or announcement), my conservative estimate 300 Million, we have a float of about 800 Million or less.
And that is with a tiny little EFLN company with huge assets and some earnings (can't knock that, small earnings better then NO earnings). We are still trading between 0.0005 and 0.0009.
Sounds unbelievable!
I can't explain, somebody else might have a clue on what is going on!
We old timers here know that Slavo does not do dilution, and he in fact is Tightening the Float. However, when I see today somebody dump 5,000,000 shares at 0.0005, I start to wonder myself.
I think that person did not make any money, or else somebody from Canada or other countries accumulated enough cheap shares during the 2 years or FREEZE time that he could break even or make a little money and get out.
I wonder if some News would help!
Go EFLN
OK, since KingV says there are other reasons possible, I am starting to understand your Speculation! But, you are wrong, there is no dilution in my opinion!
Gagged TA, what is that? Can somebody explain.
There is NO DILUTION here in my opinion, I can't see how?
Also, if I knew what a "Gagged TA is" I could have an opinion!
May be nobody is gagged, why does anybody think somebody is gagged?
Who is TA? Transfer Agent? May be he is long gone?!
Go EFLN, it is your time!
That + Black Face + Yield sign because of no financial and possible downgrade to "Scull and Bones" - That is what worries me.
And the fact that they fell down a tier and there is nobody from Company saying that they will fix it - That worries me TOO.
Otherwise, all Power to Distribution and Stores that carry Marani.
Go MRIB
Still, Black Head with Stop Sign, reminds me very much of the Caveat Emptor, which might be next downgrade to this "not a Dow 30" stock!
That could happen if they continue advertising and pumping, but forget to do just "regular" things for the stock, like simple filings to keep current.
What can I say, I am just cautious, I have been burned before!
I am a Small investor. My concern is that everybody forgot the lateness in filing the Earnings to the OTC and the fact that some big blocks,900,000 and 500,000 were sold by some traders Yesterday at 0.021 or so. Also, for a while yesterday, there were no much positive comments on MRIB and no excuses for lateness in filing!? What does it take to file, a few days of work by a Manager?
I am just cautious! I hope it goes up sometime!
Well Scuba and Snapper, let me put my 2 cents. Facts are:
- CE was removed due to good work by Management
- Financials are filed on time with OTC (due end of March)
- There is a new Web-Site that looks professional and explains Company business, possible future businesses and Projects.
The above facts do have to be announced in official NEWS and if there is a new Project with a Grant, it should be included! May be there should be 2 PR-s, may be they are coming! I don't know when!
But you know, lets say this new project with a Grant is a RUMOR.
Don't you know that people buy on "rumors" because they can still get CHEAP Shares!
So, take this any which way.
Go EFLN
Paid promoters would have bought $50 worth at 0.0009 at minute before closing, but we don't have those here! EFLN will go up next week! Up from 0.0005 to 0.0007 for the week is not bad either!
Going up weekly +0.0002 would be great, and it will happen.
The slower the better!
EFLN!
It looks better, 8-s will be taken down again and we end up at
0.0009 or 0.001!
EFLN!
Slow and steady growth- We want exactly that! Trading between 0.0008 and 9, may be end at 0.001 today, may be not. At least EFLN looks like a normal stock with a book value, some earnings, concerned and careful Management and a lot of potential! Sooner or later more people will realize this stock is better to invest in then other 0.000 or 0.001-2 stocks that have none of the above and a Pump and Dump history!
Go EFLN, slow and steady!
Bids building at 0.0008! NO MORE CHEAP SHARES!
We are going for 0.002!
Go EFLN
Discipline from all old timers and other people on this board is required: Sell only a portion (if you have to) at the asking price. That way nobody will hurt this stock!
Go EFLN!
Doubting Thomasses still bidding 6 and 7. Forget it people, EFLN seems to be moving UP!
Go EFLN