Replies to post #21217 on EFuel EFN Corp (EFLN)

[Talc Moan]

There is a reason for raising the Authorized. It's not for them to pad there pockets either. 300 mill shares is not enough to hurt anyone. It's capital to fund Project X

The company has not been a diluting pig type company. There authorized has always been very respectable.

I am going to wait it out. My guess EFLN News is coming very soon and that is the reason for raising the authorized.

Time will tell

When we were in CNE@ the Authorized was 800 million than raised to 1.4 billion before the 11x run. Go back and look at the T/A posted in the I-box. Were at 750 million it has gone up 300 lousy million for reasons we shall know soon enough.


Smitter SMTT

[Oz the OK]

They haven't been diluting. There would be a massive increase in the volume it there was.

If peeps are afraid this is a classic pump and dump, they should go follow what one that actually is a P&D for a comparison. Hall of Fame Beverages (HFBG) was a recent victim of one. Go look at their chart from last week. They announce a decent PR about a national distributor for their product, then flooded the market the very same day with over a BILLION shares. Just check the volume chart.

We aren't seeing anything like that here. First off, the increase in A/S is minimal, not in the billions. It looks more like a financial cushion/options to me instead of the classic P&D money machines a lot of these pinks do.

Personally, I'm gonna be looking to buy more cheap shares tomorrow should there be another panic. I did pretty damn good on the last fear sell-off from the now canceled R/S sneaker of early June.

Remember the old trader's saying..."Buy funerals...sell weddings"

GLTA

[Pellinore]

If it was easy everyone would be doing it!