Replies to post #60382 on EFuel EFN Corp (EFLN)

[sidedraft]

Your concern is over which Ohio property?

[Kool Aid Man]

"Get your facts staright"

LMAO..."aright."

eFUEL EFN, Corp. Is Pleased to Announce That Riverside Assisted Living, Inc. (RAL) Has Executed a Letter of Intent and Understanding

TAMPA, FL--(Marketwire - September 30, 2010) - eFUEL EFN, Corp. (PINKSHEETS: EFLN) is pleased to announce that Riverside Assisted Living, Inc. (RAL) and eFUEL have executed a Letter of Intent and Understanding with regard to the following:

It is the intention of eFUEL and RAL that within forty-five (45) days of the execution of the Letter of Intent and Understanding dated September 24, 2010, that they will enter into a Stock Exchange Agreement. The Principles of RAL agree to cause RAL to merge into eFUEL as a wholly owned subsidiary of eFUEL.

The sole asset of RAL at the time of the aforementioned merger will be a 244,000 square ft. mortgaged hospital building on 16 acres located in Warren, Ohio.

http://www.marketwired.com/press-release/efuel-efn-corp-is-pleased-announce-that-riverside-assisted-living-inc-ral-has-executed-1327567.htm

Care to explain this? On Feb 02, 2012 Slavo said-->

EAFN will transfer the following three properties to eFUEL EFN, Corp. in exchange for eFUEL EFN, Corp. Preferred "A" shares by the end of 2013.

1) Cherokee Trading Post - located on over 5 acres, valued at $5,500,000, generating revenue of $400,000 per year.

2) Cordele Hotel - located on over 10 acres valued at $3,600,000 generating positive revenue.

3) St. John Hospital is 245,000 sq. feet building located on 16 acres valued at $25,000,000, generating positive revenue.
https://www.prnewswire.com/news-releases/business-summary-of-efuel-efn-corporation-138560319.html

According to the lawsuit against Slavo & Ljubica, this VACANT hospital was deemed a "serious safety hazard, a public nuisance, and cited for several health violations. Notice was sent to them via Certified Mail on Nov 15, 2012. Because of Defendants inaction the board of health ordered it demolished on Jan 30, 2013.

A year later the Stefanovics were called "slum landlords" by the Ohio Attorney General.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132680780

More-->
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=95551431

Clearly the Scamming Serbian Stefanovics took a virtually worthless asset and grossly inflated its' value to pump their stock. IMO they also clearly lied by saying this facility was generating "positive revenue."

[rbtree]

Bullshit. Both of them were. Of course that is no longer the case, as EFLN abandoned them and stiffed the state by leaving the mess.

[Value_Investor]

What is the company's plan for the public stock EFLN? Cash Liquidation or OTC Tier-Upgrading from the current disaster OTC-GS?

[Value_Investor]

Nice to see EFLN finally be up 50% today or up 200% from its New bottom 0.0001!

The company should use some cash (say $40,000) to buy up to 100M shares at $0.0006 ~ $0.0002 (average cost $0.0004) to boost all the shareholder's confidence! EFLN has been traded at 0.0009 ~ 0.0001 price range since April 6, 2018 (see the chart below)!

Quik question for you: when will this stock be upgraded to the OTC Pink Sheet market ("Caveat Emptor" is fine for the investors) or not at all?