Replies to post #58917 on EFuel EFN Corp (EFLN)

[rbtree]

I really don't understand the comparison to that other company, which is now long gone, it seems.

EFLN fails abjectly, all by itself, in every way. Nothing that is claimed is real or accurate, save for the operations and ownership of the trading post and property. There may be some raw land, but that is more a liability than anything. (taxes, etc)

There is exactly ZERO value that can be attributed to the 22 old gold claims, which have not been worked for close to 100 years. Even then, only a couple of the claims/mines actually produced more than 10,000 ounces of gold. Each is separate from the next. each would require its own permitting, even to explore. The company has ZERO expertise or knowledge in or of mining, and would need to hire out any work of any kind...with what funding?

They have ZERO ability to obtain financing. and aren't, for some reason, disposed to dilute stock to raise money for operations. There will be no construction projects coming down the pike, as they have spouted off about for years, repeatedly.

The stock is worth what it trades for, and no more. They can bloviate till kingdom comes about 1.6 billion shares restricted till $1 as the stock has exactly zero chance of ever getting there.

[Value_Investor]

The Real Net Asset value of EFLN is about $179,842 which is why its market value ever dropped to $246K (at $0.0001) ~ $24.6K (at its All-Time-Low $0.00001) (see the chart below)!

Here is the why: the hotel Marion was claimed worth $6M, but it ended up selling at Mere $69K! Therefore the real asset value of EFLN is about 1.15% of the claimed one. Now EFLN has only $19,347,428 claimed real assets (the so-called $500M gold reserves are actually Zero value) and $3,709,000 total liability. Therefore the claimed Net asset is only $15,638,428 (not the FAKE $515,638,428). So the Real Net Asset is equal to $15,638,428 x 0.0115 = $179,842. Thus its Real Book Value is about $0.0000144 a share v.s. it is trading at joke high $0.0030 ~ $0.0023 today!

LOL, today's high price $0.0030 is 208.333 Times of its Book Value $0.0000144! Last Thursday EFLN was ever traded at ridiculous high $8.6M market value v.s. the company only worth $0.179M! Therefore EFLN is Hyper Hyper Hyper Overvalued now!

Giant Dilutions: EFLN has already Diluted 1B shares OS, 425M shares float, and 1B shares AS since 2011 Alone!

EFLN has 2.46B shares Huge OS, 1.18B shares Huge float, and 2.5B shares Huge AS!

EFLN has "Caveat Emptor" label or "Cross-Skull Bone" sign from the link below and this kind of Dangerous Warning label usually leads to a common stock's Cancellation finally!

http://www.otcmarkets.com/stock/EFLN/quote