AS usual, that report is bereft of anything resembling a truthful report.
A few highlights.
On page one, they've copied the OTC M guidelines, which include the requirement of a soon to be filed attorney letter. I do believe that EFLN has NEVER filed one, hence they remain OTC Pink Limited Info.
Two, they list the Trading Post, and associated retail establishments with it, and the lease of billboard space... No other assets are listed, besides the bogus gold claims, which have no value. The trading post and all its accoutrements are unlikely to be worth more than a few million, yet they attempt to say the total assets, besides the gold claims, which are actually a liability, are somewhere around $15-16 million.
About page 5, they again try to say the report is GAAP compliant. Ummm, don't think so.
Near the end, the call the report "audited". Of course it is not. Clearly, the report compilers have no idea what entails an audited financial report.
To their credit, they omit any forward looking projections of $25 or $160 million in pending funding....no more Nigerian scammers. Gee, that's no fun anymore.
That's a good thing. Being as there's not a snowball's chance in hell of said funding ever materializing.
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