To all potential new investors,
While doing your DD on EFLN you may find yourselves scratching your heads due to some past events involving people being sued and the DTCC chill.
It is a little confusing but there is good reason why this board is extremely bullish on this stock.
The previous owners of EFLN were running this company like a typical penny stock for years complete with reverse splits and dillution. Investors were duped and we all lost complete faith in the company and the way it was being run.
EFLN was eventually taken over by a new family run company (Euro American Finance Network) to be used as a holding company.
Since that time, EAFN placed numerous assets into EFLN and those assets alone are valued around 10 million dollars. It was around that time that investors were given a new reason to be excited about EFLN. They were not diluting the stock and the assets being placed were real legitimate businesses and properties with PR's explaining many more assets and profitable ventures on the way.
Things were starting to look very promising for all involved and the future looked very bright. EFLN was completely reborn and was being run by a trustworthy, personable, multi million dollar parent company EAFN.
Unfortunately, due to the old CEO, Joseph Cillo being sued, the DTCC placed a chill on EFLN even though they could not provide a good reason for doing so other than the fact that Joseph Cillo was at one time the CEO.
After a long, drawn out, 18 month affair, the DTCC finally released EFLN from the chill because they were convinced that EFLN was now a completely new company run by the Stefanovic family and there was no longer any ties to Joseph Cillo.
Now of course, it is like we have all been reborn once again. The Stefanovic family fought to get this chill removed so they could continue their business plan and reach the company goals for the good of EAFN and their ever so patient shareholders.
Please read the stickied posts and previous company PR's to get an idea of what is to come.
Currently, we are trading at 1/10 the value of the company but that will not be the case for much longer as the current shareholders are accumulating and holding their shares while we wait for the much anticipated first PR to come since being released from the chill. We are expecting news about once again getting current on the OTC as well as numerous new assets to further expand our already impressive value. Very exciting times indeed!
Please do not hesitate to ask our board any questions you may have.
If you are thinking of hopping aboard, then we welcome you with open arms.
If you have already hitched on for the ride, then congratulations and be sure to say hello!
