Replies to post #60956 on EFuel EFN Corp (EFLN)

[DragonBear]

One of these days somebody with mining experience-watt???

and money will appear

The only thing that's going to appear is the results of

SEC Litigation

Securities and Exchange Commission v. Efuel EFN Corp., et al., No. 5:19-CV-482 (M.D. Fl., filed September 24, 2019)

The Securities and Exchange Commission today charged penny stock issuer Efuel EFN Corp., its CEO, Ljubica Stefanovic, and its CFO, Slavoljub Stefanovic, for fraudulently misrepresenting that the company owned California gold mine interests worth $500 million.

As in the Stefanovics disappearing.

The Stefanovics leased the land for a few $K per month, and instantly claimed they had $500M in assets. The claim based on some fly by night geologist saying so years ago. To hell with following Guide 7 standards! Surely the SEC won't notice - but they did. Along with the tug that it was part of the 1849 panning in creeks gold rush. The lessor even had a pleasant photo of a California creek on their website.

After the Stefanovics meet their end, and are run out of the market by the SEC, EFLN will be the classic Zombie stock. As if it already isn't. A stock with no management. No one to issue PR pumps. Neither can it be used as a shell. As long as there are a couple of trades per yr, it can continue to be traded as a Zombie stock. indefinitely.