EFuel EFN Corp (EFLN)

[rrojarom]

We are awaiting the completion of the Euro-American Finance Network, Inc. (EAFN) IPO

I was simply using it as shorthand didn't know they actually tried an IPO...

https://www.yahoo.com/news/eFUEL-EFN-Corp-Is-Pleased-to-iw-3468696886.html

eFUEL is an internet services company offering on-line dating site www.outRAGEousEncounters.com.

acquired a profitable tree farm on 188 acres of valuable land located in Georgia. The farm is presently harvesting and selling pine straw, pine syrup and other tree products.

theres so much in that one article...

This strategy would substantially increase net income from the tree farm, by selling each of the present 36,000 mature trees with a price structure of approximately $100.00 per tree.
This would value the farm's trees at more than $3,600,000.00.
It is management's plan to immediately start an expansion program that will include the planting of additional trees.
The planting program will provide a sustainable tree harvest well into the future, with the present land valued at $3,700,000.00.
As a result of this asset being acquired by eFUEL, the balance sheet of eFUEL will reflect an additional $7,300,000.00 Dollars.
With assistance from the State of Georgia, federal agencies and private equity institutions, there is the possible alternative of using the property for the purpose of renewable energy projects. Such as a wind farm, and /or a solar power generating plant.
This existing tree farm and its many alternative possibilities is the first of many profitable assets that will be placed into EFLN.