EFuel EFN Corp (EFLN)

[Sooah]

The Company responded in an email that they were in the process of becoming a fully reporting SEC filer. There are two ways to remove the YIELD sign on OTCMarkets: 1) To upload a legal opinion letter from counsel OR 2) File an audited annual report for 2014. Either will make EFLN current with OTCM.

If you look at the reports that have been uploaded on OTCM and pair them with the statement made by the CEO via email (see sticky), it is quite possible that EFLN is working on an audit, and this is why the CEO appears fairly confident that they will become fully reporting soon. In order to become a fully reporting SEC filer, audited reports going back 3 years are required and they must be submitted alongside a Form 10 or a S-1 depending on the issuer's situation. I have a sneaking suspicion that we will see some more progress soon.

If I can see an audited annual report for 2014, I am a big buyer here.

Finally, to answer your question about why 8-K or 10Qs have not been filed by this issuer, they are not required to file these at this time.