FINANCING WITH EXXON MOBIL & EURO AMERICAN FINANCE >> The second quarter has been a very active one for eFUEL EFN CORPORATION. It began with the acquisition of the Hotel Marion business located in Marion, Indiana for $2 million and 400,000,000 common shares at $0.01. The new business will be a significant gain for eFUEL as it activates the company's hospitality department (division) and brings in revenue. The eFUEL EFN CORPORATION has paid $129,000.00 in Real estate tax on Hotel Marion to the Grand County and has to pay more than $69,000.00 by August 2015.
Presently company has over $18,000.000 in assets and expecting to haveapproximately $1,500,000.00 in revenue by the end of the year. The nature of business activities changes the accounting information day after day. The eFUEL EFN CORPORATION has established two credit lines with Exxon-Mobil and Euro-American Finance Network, Inc. This will help the company to maintain a good credit rating. The company is registered with the Dun & Bradstreet agency.
The management is close to closing an asset purchase valued at $5,000.000 and is presently generating very impressive revenue. However, when eFUEL EFN CORPORATION closes this deal the asset value will increase to $23,000,000 and revenue will increase substantially. The company should close deal in 1st quarter of 2015.
CEO Directly Stated in Phone Call that Company is Worth 23m, Which Indirectly States that the Acquistion Has Been Completeted
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