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Tuesday, August 31, 2010 12:19:49 PM
A couple of PR's stated their background checkers and iPhone app were EFLN's properties. However, some of us did a little deeper DD than to just buy into what the PR's stated. We ACTUALLY USED THE SERVICES.
And guess what? Payment went to INEX Solutions, Inc., NOT EFLN. INEX is a separate company, a private company. It's revenues have ABSOLUTELY NOTHING to do with the balance sheet of EFLN.
Now EFLN released one of their "came to an agreement" PR's this spring, stating that they were going to buy 30% of INEX...but there is no proof that ever happened, and then Cillo let is slip recently that it never occurred.
And I'm not trying to kill this. The company is doing a fine job all by themselves with their lack of products, lack of transparency, lies, bogus PR's and constant dilution to be the killers. All I've ever pointed out, was why you were losing money, and why you should try to save whatever is left in your position.
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