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Re: stervc post# 43352

Sunday, 02/08/2015 8:19:42 PM

Sunday, February 08, 2015 8:19:42 PM

Post# of 61041
Glad to hear that! I knew Slavo tries always to do things the way that would cost the least of money, and I was not always sure that that was in the best interest of EFLN, but I know now. He saved a ton of Company's money and his own money by never paying huge fees to any of attorneys for removal of CE (attorneys asked for $30 to $50k). He found another way, negotiating directly to the ones that put the CE ON, and it worked after a period of time.
Now he publishes financials every time they are due and does not pay for "audited financials", saving a ton of money.
We on the EFLN board also know that EFLN owns the 177 acre or so of a tree farm in Georgia producing some income.
We know that EFLN owns hotel Marion in Indiana that is managed by one of his daughters. Therefore, this property is never going to default on taxes as was hinted in the past by some un-informed people, out of spite!
We know that EFLN owns and operates a store, Cherokee Trading Post, which also makes money.
All these properties have their value, prescribed by the local municipal authorities which collect taxes. I doubt that the financials would exaggerate these values by 10 times or more. So, if they exaggerate by 30 to 50 %, who cares!
I hope I have enlightened at least some of the Ihub EFLN board.
We need more investors that know and think the same way, then EFLN can move upward and not come back. It will happen!
Go EFLN