Well, with an huge bids support for any stock is very very important because in this way the majority of weak hands could sell out their shares at the bid without causing the price down to below the bid! It is an huge price protection action by the loyal and strong shareholders!
If I were the weak hand here or if I'm very unhappy with EFLN then I would definitely liquidate all my positions at the bid ASAP! Why should anyone hold a stock he/she hate? Selling at 0.0002 is 100% higher than selling at 0.0001 later...
Unless the company could find the required $160M cash fund to start the "Mall Project" I don't think EFLN would hit $0.1 in the near future!
The current Net Asset or Equity Value ($14.6M+) entitles EFLN $0.0060 per share value!
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