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doggone

07/06/10 1:04 PM

#22416 RE: jetpilot1101 #22409

uhhh, they are doing their best. If you can't verify PR info, management has a history of fraud, dilution is a consistent occurance and phantom, partners promise unrealistic revenue then chances are extremely good it is a scam. One other thing, nothing exists unless it can be proven, is the old 'prove a negative' argument. EFLN has no significant revenue reghardless of what one chooses to 'believe'! Dog

Oz the OK

07/06/10 1:08 PM

#22418 RE: jetpilot1101 #22409

IMO, the recent dilution wasn't a direct dilution by the company for operating cash, but freebie shares to vendors for various services...and the vendors in turn sold the shares because they were nothing more than accounts receivable to them that had to be converted to cash. Those vendors weren't interested in holding on to shares as an appreciable asset/higher price for them, they were interested in getting paid NOW for whatever service had been provided.