Replies to post #22230 on EFuel EFN Corp (EFLN)

[dshade]

Alas you are wrong again. INEX Solutions is in business, selling a product that has been and is currently used by many.

[stock_legion]

Dog i posted this 49% ownership thing a few days ago after the PR came out about them TRYING to acquire 30% of the company. but now that i read the PR you posted from 2009 EFLN owns 49% of INEX-Worldwide not INEX-Solutions. So i guess technically they didnt lie about anything but they were a little misleading.

What they need to do now more then anything is show the shareholders they are for real and get up to date on the pinksheets. Then from there blast out some PR's about contracts and finalizing the 30% Inex deal (b/c until then EFLN is making no money from the contracts that INEX gets). Until they are actually filing things and keeping pinksheets up to date the PR's dont really mean anything to deep pockets wanting to INVEST not trade.

[Oz the OK]

OK...I just looked this up. It's two different corporations. INEX Solutions, Inc. is not the same company as I-NEX Worldwide.

I-NEX Worldwide was originally incorporated on 12-10-2001 as Fresh Fish, Inc., with Lori Marlin as the original and only Director. Cillo was the incorporator and registered agent. They must have been domestic partners or something because they shared the same home address. It looks like the corporate name was some inside humor on Ms. Marlin. 4 months later, Cillo is now a D and P and 4 more officers added, Fresh Fish, Inc. is changed to I-NEX Worldwide, Inc., and 5 months after that, Lori is out. In June of 2008, David Newman of Texas is now made President, Candis Coon Secretary, and Gigi Pinizzotto (wife or sister of Frank probably) was made VP. The company also had to apply for corporate reinstatement a couple of times the next 7 years after 2002 as they let it go inactive, and then it was declared inactive again on 6/25/09 last year.

So, the 49% ownership was in one company, now defunct, and the 30% is in another one. They have a whole bunch of shell corporations listed under that Dale Mabry address though.

The difficult thing about digging on Joseph Cillo (and this entire gang for that matter), is that at one time Cillo was a lawyer, and he made himself the registered agent for hundreds of corporations in FL, many of them probably legitimate and set up for honest business owners...so his name shows up for pages and pages of documents at sunbiz.org. It's time consuming finding the legitimate ones from his portfolio of shell ones.