UNDERVALUED PENNY STOCKS

[ToBeContinuous]

EFLN MUST READ

This R/S no vote might be bigger than we all think.

They filed for the r/s in April.
On 5/19 they issued 35 mil Class B Preferred convertible 2:1 after 1 year.
On that same date they added two new directors.

Surely the issuance of the preferred stock was for the noobs.

The r/s was for the common stock only.
2:1 convertible after a 40:1 r/s = huge increase in pps for the convertibles.

if they put the kaibosh on the r/s.... something big must be on the way.


Here's the math behind my last post & why this is huge.

35mil x .0011 (closing price on 5/19) = $38,500

$38,500 / 2 = $19,250 (17.5 mil shares) per new Director.

Now if the common stock 40:1 R/S was executed @ .0011, the new price would be .044.
Should that price hold to the convertible date, the $19,250 each director owns in preferred stock would be worth $385K in common stock.

That's an inside 20 bagger they voted no to today.

(GOVERNMENT CONTRACT NEWS EXPECTED MONDAY)