EFuel EFN Corp (EFLN)

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ASSETS NORTH OF 500MILLION~~>Wednesday, November 29 2017 8:30 AM, EST eFUEL EFN Corp Posts Attorney Letter and Reports a 70% Increase in Income for 3rd Quarter 2017 GlobeNewswire   "Press Releases"
WILDWOOD, Fla. , Nov. 29, 2017 (GLOBE NEWSWIRE) -- eFUEL EFN Corp. (OTC:EFLN) issues the following press release to update our current shareholders andthose interested in our company. We have many opportunities to look forward to in the near future. Wehave updated OTC markets site with our Attorney letter. We are now current with OTC market filings.The company has been working tirelessly to remove the caveat emptor status from the EFLN filings onthe OTC markets website.

eFUEL EFN CORP has been working on ideas to gain potential sales, and the purchasing ofnew assets. The company is seeking international market presence of our products and in taking advantage of a depressing world economy, EFLN will expand its position in domestic and international markets. The company has long-term objectives to expand, create more wealth and generate new revenue streams.
The company has accepted an agreement to assist in the exporting of 100,000 barrels of light crude oilfrom Riyadh, Saudi Arabia to Europe . The cost and profit from this will be discussed soon in anotherfiling to OTC markets. We will also be generating profits with our new bitcoin account. We would like tomaximize our profits with this technology. More details to come on it in future press releases.
Currently, our company has no large debt. The corporation is existing as an asset holding entity, with goals of purchasing, expanding and acquiring businesses.
In the third quarter, in 2017, EFLN negotiated to purchase and sales additional assets, with the value of$1,250,000 and net income of $250,000 . These assets will be added to the first quarter in 2018. Inaddition to these assets, our portfolio consists of land, minerals and gold worth approximately $500million. These assets will be on the 2017 IRS Tax balance sheet. Our sales projection is to increase salesby $25 million by the year 2020.
Management, is currently in the process, of upgrading our company readings, so we can tradeelectronically in international markets. This will create additional opportunities for EFLN.
The press release has information contains certain forward looking statement with the meaning of Section27 A of securities Act 1933 as a amended, and Section 21E of the Securities Exchange Act 1954 whichare intended to be covered by the safe harbors created in connection with that investor are cautioned thatall Forwarding Statements involve risks and uncertainties including eFUEL EFN CORP.
Thank you, Ljubica Stefanovic , President EFUEL EFN CORPORATION Ph. 352504-1300 or 352-254-0237