EFuel EFN Corp (EFLN)

[Oz the OK]

Hmmm...another "entered into an agreement" fluff PR. That's now three in a row. Maybe that's why this thing didn't explode with 50+ million volume/blow through .0010 price behavior, but instead is up only 1 tick after the flippers made some nice change. The markets just ain't buying into these PR's anymore if they don't have solid evidence of signed contracts with revenue numbers.

Also, maybe the markets not only aren't buying the fluff, but maybe they are doing extensive DD also on this, and noticed that Leading Points Corporation is just one person, Kevin J. Sullivan, a retired logistics officer for the US Air Force. Seems he was forced to retire after a reprimand for a botched nuclear missile component shipment in 2008.

http://www.airforcetimes.com/news/2008/09/airforce_generals_nuclear_092508/

His company works with an awful lot of Pinks. You can see that on their Facebook page.

http://www.facebook.com/pages/Leading-Points-Corporation/189721188693#!/pages/Leading-Points-Corporation/189721188693?v=wall

Providing the products of Cannibis Science to his military connections must be a hoot.

http://www.pr-inside.com/cannabis-science-signs-leading-points-corporation-r1459525.htm

Nope...the markets just aren't buying into an "agreement" between ELFN, a company with a few crappy websites and a retired logistics officer who has another website as revenue generating monster. Their treating it as a handshake over lunch at Denny's.


Again gang...NO MEAT on this PR. 30,000 downloads for a free iPhone app means nothing, and is actually anemic for an iPhone app. What the market needed to read, was how many times was the FEE paid to actually use that free app, and what was the revenue numbers for that period.

Working on getting compliant with the SEC...again, it means nothing. 99% of all Pinks in the same classification state they are "working on becoming compliant". The market needs definite, confirmed information. What is the name of the auditing/accounting firm? What date were they hired? It's great they are going to eventually put together a PR to release this information, but until then, why bother to even toss it in a current PR?

The market isn't comprised of idiots willing to buy on veiled hope.

GLTA...still standing on the sidelines.