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FPFI 209,327,184 OS a/o yday per TA.
146m dumped in the last minute
ATPT ~400m o/s last reported. Not much volume since.
ATPT .0001s gone. lotto
VFIN has joined the party once again.
I wonder if BKRT is going to have it's dump of the day @ .0003.
.0003 New 52wk low. BKRT doesn't want to stop.
FPFI Vfin "might" be done for now.
ATPT .0002 up then .001 on L2
There simply isn't enough volume to prop this thing up. Look at the chart, every day after the first run, volume has dropped off.
If volume would have kept up with the momentum, OCFN would have at least maintained their price.
EFLN is now OTC Pink current information
They reposted their 2015 Q1 report in a different (better) format. Nice to see.
VTPI .0003
$FPFI Vfin gone?
Well, the problem with that from an accounting perspective is that according to GAAP, all assets are recorded at cost. This is the same with any other company. So, the attorney letter did validate the cost to purchase the assets, but it's not required to validate their value.
The way that companies account for the difference they pay for an asset verses the fair value is depreciation. Their depreciation expense nor their accumulated depreciation are listed as items on the balance sheet or the income statement. It would be on the cash flow statement too, but they aren't required to file that so they don't.
I'm not sure how much of their assets listed as "property", valued at $13 million, are just empty land but land does not deprecate... so there's that.
I would be interested to know the depreciation their assets have experienced, too.
Oh, okay
62.9 mill issued at $.000143 average in the last 12 days.
From 8-k.
Isn't that what the attorney letter did? Doesn't it prove the numbers on the financial statements are real?
Reinstatement watch: ATPT ~400m O/S last known.
$FORC 184,123,040 OS a/o July, 6th Confirmed per Statement of Ownership (sc 13g). .0003x.0004.
$FORC 184,123,040 OS a/o July, 6th Confirmed per Statement of Ownership (sc 13g). .0003x.0004.
Watching: EHOH, ATPT, USNL, VTPI possible lottos
FPFI 1.3m left. no VFIN to be seen.
(yet)
FPFI .0006 going, tiny OS
FPFI .0006 going. Tiny OS. VFIN and BMAK are on the ask, watch it. Looking for new lows.
FPFI under100m O/S. .0005 x .0006!
$FPFI VFIN and BMAK are on the ask, watch it. Looking for new lows.
ATPT first VOLUME in a long time.
ATPT nibbles. Possible Lotto.
ATPT & USNL Reinstatement watch. Very THIN.
USNL Reinstatement watch. Thin. 19m/2m/3m L2
ATPT Thin! Reinstatement watch on little volume. 7m @ .0001 then 250k @ .001. Crazy.
ATPT volume, Reinstatement watch.
The attorney letter is a huge milestone. It provides independent verification that the numbers on the balance sheet and income statement are in fact, true. That takes care of the majority of my concerns with EFLN. Maybe one day the market will catch on.
They're currently "planning" to go SEC reporting; instead of their current "alternate reporting" status. That will only help their credibility.
ATPT volume, Reinstatement watch.
Their mortgage is ~16k a month, 48k for the quarter ending March 31, 2014. It's on the income statement. They pay it just fine. EFLN is one of very few sub-penny companies trading on the OTC - Pink tier - that actually makes a net profit, actually.
Also, your other comment #44625. I don't own this, right now. I'm what I would call a long-term flipper. ha.
Also @#44633 Cheeky.... there is no financing with Exxon. Just a supposed credit line. Nothing special. I'm sure they'll finance any company willing to take on debt.
Guys, I think I found a bidder.
Oh man. Looks like they never actually repurchased common stock, like they said.
^_~ weeeeee
Good to know they're doing business.