EFLN GOT THERE NEWS FINALLY,READ THIS
EFUEL EFN, Corp. Is Pleased to Announce That Agreement Has Been Reached.
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Efuel Efn Corp New (PN CE) (USOTC:EFLN)
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Today : Thursday 6 October 2011
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EFUEL EFN, Corp. (Pink Sheets: EFLN), President Ljubica Stefanovic, would like to thank all investors for their support through some very difficult times. It is Mrs. Stefanovic's mission to build investor confidence and trust. She assures all investors that the company is proceeding aggressively to add value to EFLN and increase company liquidity.
Mrs. Stefanovic is pleased to report to shareholders that agreement with Joseph Cillo has been reached with respect to the eFUEL EFN, Corp. Preferred "A" Shares. At the present time Euro-American Finance Network, Inc. owns two hundred-forty five million (245,000,000) of Preferred "A" Shares, and six hundred million (600,000,000) Common Shares as well as all voting rights associated with those shares. Joseph Cillo owes five million (5,000,000) Preferred "A" Shares. The remaining thirty-five million (35,000,000) "B" Shares and nine hundred million (900,000,000) Common Shares are owned by individual shareholders.
Documentation confirming the ownership rights to the above mentioned shares of eFUEL EFN, Corp. has been sent to OTC Market Pink Sheets, State of Florida and Clear Trust Transfer Agent.
The company is currently working to develop a new website and business plan. The company is also looking into purchasing discounted accounts receivable from various businesses in distress and other profitable assets. At this time the Company has 1st, 2nd and 3rd quarter revenue in the amount of seventy-nine thousand six hundred seventy-eight and 89/100 (79,678.89) USD and assets of approximate seven million seven hundred fifty-one thousand five hundred fifty-two (7,751,552.00) USD. In the future, the company will make to the general public available, a Corporate P&L Statements and Corporate balance sheets.
The new management does not have any intention to gain new investors by using outside specialized companies that get paid with Company stock. It is up to the shareholders to embrace and enhance their holdings. The eFUEL EFN, Corp. will report periodically on business progress and activity.
About eFUEL EFN, Corp.
EFUEL EFN, Corp., ("eFUEL") is a publicly traded company listed on Pink Sheet under the symbol EFLN. EFUEL is an internet services company. For Product information, go to our corporate site at www.eFUELcorp.com
Safe Harbor Statement: Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
contact:
Ljubica Stefanovic
President
352-326-8381
SOURCE eFUEL EFN, Corp.
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