EFuel EFN Corp (EFLN)

[DragonBear]

Have you looked lately? SEC had no choice

Choice? EFLN is not a registered stock with the SEC. As such the only action the SEC could take was to suspend it. Which occurred 05-Apr-2018.

The cause was when the OTC Market Group placed a Caveat Emptor on the stock due to non-disclosure. In response first EFLN protested they were up to date on disclosure. When that didn't work, EFLN issued a forged letter from the OTC Market Group indicating they were up to date, and the Caveat Emptor would be removed. At which point the OTC Market group screamed fraud to the SEC. And the SEC suspended the stock for 10 days. Since that time it has been stuck on the Grey sheet, with no MM sponsoring a quote for the stock.

EFLN is trading again and has some new sources of earnings!

And where can these new sources of earnings be found?

For the lmao part, the last SEC document is laughter all the way

SEC document

Remember the valuable infamous Cherokee Trading Post as a source of earnings? I especially like this part:

EFLN's principal place of business in Wildwood, Florida appears to be the"Cherokee Trading Post" and "Cherokee Cafe," a retail store and restaurant operated by the Stefanovics. On November 1, 2010, Slavoljub Stefanovic was found guilty in Florida state court of one count of arson in the second degree, one count of arson to defraud an insurer, and one count of arson to cause bodily harm in connection with his setting fire to the "Cherokee Trading Post." He was sentenced to five years' probation

Apparently in the last couple of years our hero Slavoljub, demanded that the SEC order the OTC Market Group to remove the Caveat Emptor on the stock. So that once again it would have trade as a solicited quote on the new so called "Expert" OTC Market. Only one problem... the SEC has no authority to direct the OTC Market Group to do so! Slavoljub isn't quite the brightest around.

Nothing has happened with this stock in the last 2 yrs! The SEC suspended it 2 yrs ago. It fell into the Grey sheets. The OTC Market Group had it Caveat Emptor in 2018, and still does. The stock can trade off the Grey sheet with unsolicited quotes, like any other Grey sheet stock. Have fun trying to trade a Zombie stock. Where oh where are you Slavoljub Stefanovic! ROTFLMAO!