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Re: Pellinore post# 25596

Thursday, 09/30/2010 6:23:39 PM

Thursday, September 30, 2010 6:23:39 PM

Post# of 61041
From a pure EFLN perspective, I don't think the RM makes sense. Nothing in EAFN's business description indicates that they would want to get into that business.

But from EAFN's perspective, they've been wanting to go public. Could it be they just bought a shell in EFLN and they will either spin off the technology or run EFLN's business as a holding company?

If the later, EAFN gains a public company, reverse merges and changes the CUSPID# and name.

Secondly, what I find interesting is that EAFN has at least one asset worth $25 million! Under the present share structure of EFLN, that would make the book value worth $1/share. With the other assets that EAFN has, the book value is more.

I am not saying that's what the pps will be, I'm only drawing connections between the dots.

Either way, I think the probability of this going up in share price is very bullish right now.