The general explanation of eFUEL EFN CORPORATION activities for three quarters of 2014:
The second quarter has been a very active one for eFUEL EFN CORPORATION. It began with the acquisition of the Hotel Marion business located in Marion, Indiana for $2 million and 400,000,000 common shares at $0.01. The new business will be a significant gain for eFUEL as it activates the company's hospitality department (division) and brings in revenue. The eFUEL EFN CORPORATION has paid $129,000.00 in Real estate tax on Hotel Marion to the Grand County and has to pay more than $69,000.00 by August 2015.
Presently company has over $18,000.000 in assets and expecting to have approximately $1,500,000.00 in revenue by the end of the year. The nature of business activities changes the accounting information day after day. The eFUEL EFN CORPORATION has established two credit lines with Exxon-Mobil and Euro-American Finance Network, Inc. This will help the company to maintain a good credit rating. The company is registered with the Dun & Bradstreet agency.
The management is close to closing an asset purchase valued at $5,000.000 and is presently generating very impressive revenue. However, when eFUEL EFN CORPORATION closes this deal the asset value will increase to $23,000,000 and revenue will increase substantially. The company should close deal in 1st quarter of 2015.ACQUISITION HAS BEEN COMPLETED AS STATED BY CEO VIA PHONE CALL- WILL BE REPORTED 2ND QUARTER 2015
Hotel Marion business located in Marion, Indiana PICS:
160M SHOPPING CENTER TO BE BUILT BY 2015 BLUEPRINTS + PROJECTED REVENUE:
The investor from Europe would like to have direct investment of $160,000,000 in the company for four mall projects. Presently company's management are in negotiation with investment institution. We do not know if this investment can happen or not; however the Department of Environmental Protection has finished some of the soil testing needed for these four projects.
When these four projects are developed the eFUEL EFN CORPORATION assets will be over one billion dollars.
When these four projects are developed the eFUEL EFN CORPORATION assets will be over one billion dollars.
COMPANY CONTACT INFORMATION:
WWW.EFULEFNCORPORATION.COM.
For any inquiries you could email us at efuelefn@yahoo.com.
Sincerely,
eFUEL EFN CORPORATION Ljubica Stefanovic, President
Should investor have any future questions to not hesitate to contact our office by phone 352-326-8381 or mail to eFUEL EFN CORPORATION, 1212 S. Main St. Wildwood, Florida 34785. USA.
CEO STATED NO R/S PLANNED IN FUTURE
EVEN AT .01-.02, WE'D STILL BE UNDERVALUED!!! SO MUCH POTENTIAL HERE!
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