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Value_Investor

11/21/15 5:02 PM

#44869 RE: CJAKE1 #44868

$0.014 ~ $0.017 should be easy because the majority of Positive High-Book-Value stocks are trading at the price range of 2 ~ 10 times of their BV. EFLN has $0.0082 per share current BV! So it should be traded at the price range of $0.0164 ~ $0.082 to match the majority peers...

As matter of fact the company recently sold 960,000,000 shares of common stock at $0.01 per share to acquire assets!



In fact the High BV peer was trading at as high as $0.049 and as low as $0.0001 (actually "no bid" at all for long time) with just $0.0043 per share Positive BV but much higher float count (over 1.6B shares)!