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Re: hammer3 post# 59811

Friday, 03/23/2018 9:42:13 PM

Friday, March 23, 2018 9:42:13 PM

Post# of 61041
Hyper High Risk now for all the EFLN common shares! If the company fail to correctly and effectively response to the SEC/FINRA's questions and concerns plus take all the necessary actions to file the required documents before April 5, 2018 then all those 2.46B shares of stock will first plunge to 0.0001 on April 6 on the OTC Grey Sheet market then it will soon be deleted which means ZERO value for all the common shares!

Should the stock be extremely lucky to survive on the OTC Pink Sheet market (the chance is very very low unless the company do the right thing in time) then EFLN will quickly surge back to the current price levels!

At the current price $0.0011 EFLN has $2.706M MV. Which means all those $2.706M worthy shares will become ZERO if the company fail to do the right thing mentioned above! That is a lots of Real Money!!!


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

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

The Net Asset value of EFLN is $15,638,428 and its Market Value (MV) ever dropped to $246K (at $0.0001) ~ $24.6K (at its All-Time-Low $0.00001) (see the second chart below)!

Over 500,000,000 shares dumped at 0.0001 before! The actual Bottom price or All-Time-Low is 90% or more below 0.0001, it is at 0.00001 ~ 0.0! The first chart below confirmed that huge dumping period from the later of 2010 to the early of 2014!

Will EFLN crash back to $0.0001 again in 2018? It seems very possible once the investors realize the Real facts here or the stock be downgraded to the OTC Grey Sheet market!

Now EFLN has only $19,347,428 claimed real assets (the so-called $500M gold reserves has Zero value actually) but $3,709,000 total liability. Therefore the claimed Net asset is only $15,638,428 (not the FAKE $515,638,428). So the Net Asset is equal to $15,638,428. Thus the Book Value (BV) of EFLN is about $0.00126 a share v.s. it is trading at $0.0011 now!

In February EFLN did hit $0.0035 which is 2.778 Times of its BV $0.00126! Last year EFLN was ever traded at $16.974M MV (at $0.0069) v.s. company worth $15,638,428! On 03/20/2018 total 8,820,000 shares dumped at the daily low 0.0006.

Shares Dilution history: EFLN had already Diluted 1B shares OS, 425M shares float, and 1B shares AS since 2011 Alone because the previous OS/float/AS were 1.49B/750M/1.5B shares before 2011!

EFLN has 2.46B shares OS, 1.18B shares float, and 2.5B shares AS and it is trading at $2.706M Market Value now!



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