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Re: Karma11 post# 56558

Sunday, 09/17/2017 12:26:52 PM

Sunday, September 17, 2017 12:26:52 PM

Post# of 61040
First here's some information for educational purposes that I could find on the subject to the outlandish claims that more than 200,000,000 shares are naked shorted...

Short selling/interest
http://www.investopedia.com/terms/s/shortselling.asp

The regulations
https://www.sec.gov/investor/pubs/regsho.htm

The short interest report (of which efln is not on currently)
http://otce.finra.org/esi

failed to deliver (efln also not listed)
https://www.sec.gov/data/foiadocsfailsdatahtm

Authorized Shares 2,500,000,000 a/o Sep 15, 2017
Outstanding Shares 2,460,982,109 a/o Sep 15, 2017
-Restricted 1,285,727,308 a/o Sep 15, 2017
-Unrestricted 1,175,254,801 a/o Sep 15, 2017
Float 1,175,254,801 a/o Jun 09, 2014

1. the difference of 39,017,891 between the A/S and O/S where are those shares? the transfer agent and that number has shrunk...

2. Who owns the already restricted 1.285,727,308 common shares? Why haven't they been listed since the 2013 annual report?

3. 1,175,254,801 float of which has claims of 500,000,000 being held by the posters here... leaving a mere 675,254,801

4.

Seems like 80% is crossed recently hence he changed it to 90% now. Assuming he has 80% which is 2B and from that 2B he wants to restrict 1.6 B shares till the share price goes to 1$.

unfortunately there are not that many shares if there's already 1.2 bil restricted and the company is restricting another 1.6 bil, mathematically impossible.

5.

My point is that we longs have 500 million and CEO has 2B then the Total is coming as 2.5 B already.

If this were true the stock would truly be locked and it wouldn't be stuck under .003.

6. So far this seem mathematically impossible. maybe there's a lot lost in translation.

7. $34k is all they have. that number hasn't changed. The trading post is all that is making a little money... is this why they continue to audit themselves?