EFuel EFN Corp (EFLN)

[Value_Investor]

The Real Net Asset value of EFLN is about $179,842 which is why its market value ever dropped to $246K (at $0.0001) ~ $24.6K (at its All-Time-Low $0.00001) (see the chart below)!

Here is the why: the hotel Marion was claimed worth $6M, but it ended up selling at Mere $69K! Therefore the real asset value of EFLN is about 1.15% of the claimed one. Now EFLN has only $19,347,428 claimed real assets (the so-called $500M gold reserves are actually Zero value) and $3,709,000 total liability. Therefore the claimed Net asset is only $15,638,428 (not the FAKE $515,638,428). So the Real Net Asset is equal to $15,638,428 x 0.0115 = $179,842. Thus its Real Book Value is about $0.0000144 a share v.s. it is trading at joke high $0.0030 ~ $0.0023 today!

LOL, today's high price $0.0030 is 208.333 Times of its Book Value $0.0000144! Last Thursday EFLN was ever traded at ridiculous high $8.6M market value v.s. the company only worth $0.179M! Therefore EFLN is Hyper Hyper Hyper Overvalued now!

Giant Dilutions: EFLN has already Diluted 1B shares OS, 425M shares float, and 1B shares AS since 2011 Alone!

EFLN has 2.46B shares Huge OS, 1.18B shares Huge float, and 2.5B shares Huge AS!

EFLN has "Caveat Emptor" label or "Cross-Skull Bone" sign from the link below and this kind of Dangerous Warning label usually leads to a common stock's Cancellation finally!

http://www.otcmarkets.com/stock/EFLN/quote