Strattner Financial Group (SCNG)

[alexander77]

Indeed.
Someone I know wanted to buy shares from EVFN yesterday with Binckbanck (a Belgian trading bank) and they refused, because their broker - Goldman Sachs - was also involved trading (shorting) this company. So that would include a conflict of interest.

Remember last week when the share price went up above 0.012 with lots of volume and then, in less than 1,5 hour, the price dropped below 0.010 dollar with extremely low volume?! Market traders, Goldman Sachs, ...
We need to wait until they give the green light so EVFN can go up again.


"This debt was in connection with convertible notes originally issued in July 2006, and through a settlement agreement, a portion was exchanged for a new set of convertible notes in December 2008. A total of 2,060,308 shares of common stock were converted and issued on December 31, 2009 to the noteholders to satisfy the approximate $21 million of debt. The converted and issued common stock is "restricted" as defined under the Securities Act of 1933.
This conversion of debt eliminates over 94% of the financial liabilities associated with the Company's $52.5 financing package closed in July 2006.
In total, the Company has eliminated over $110 million of liabilities since June 30, 2008."

http://finance.yahoo.com/news/Evolution-Fuels-Announces-prnews-3701098275.html?x=0&.v=1

Liabilities went down significantly!
Next big news is the opening of a new fuel station!

Hold your shares and don't get influenced.