All anyone has to do is look up the history of this company since Cillo got a hold of it to see what a stock selling machine it became.
9/24/97 Company formed as shell corporation by Eric P. Littman in Miami. Incorporated as October Project II.
50,000,000 A/S
7/19/00 Shell company bought by Paul Simmons. Named changed to Nutracuetical Clinical Labs, Inc.
10/12/01 Company merged with another corporation, renamed Nutracuetical Clinical Laboratories International, Inc.
4/28/03 Gary Harrison assumes control of company
6/12/03 Name changed to Preservation Sciences, Inc.
9/27/06 A/S increased from 50,000,000 to 75,000,000
4/1/07 A/S increased to 150,000,000
ENTER CILLO
1/28/08 Name changed to Efuel EFN Corporation
A/S increased to 300,000,000
7 months later...
8/15/08 A/S increased to 750,000,000
2 months later...
11/7/08 A/S increased to 980,000,000
5 months later...
4/22/09 40-1 R/S announced for June.
6/1/09 R/S occurs. A/S down to 24,500,000
4 months later...
10/08/09 A/S increased to 450,000,000
6 months later...
4/30/10 Board votes for ANOTHER 40-1 R/S to occur in June
2 months later...
6/24/10 Due to shareholder uproar, R/S is canceled. Instead, A/S is increased to 750,000,000
This POS is nothing but a stock printing machine. In the first 9.5 years of this company's existence, the A/S was raised by 100,000,000 shares. In the 2.5 years since Cillo and his cronies got their mitts on the thing, over 1.5 BILLION shares have been issued.
Good luck. A new, all time closing low today, but hey, at least we heard from Frank and Cillo...and they have all sorts of news to announce in the near future for us...just like they have been doing for 2.5 years now. All ya gotta do is put faith and hope in their honesty and integrity. They wouldn't lie to you, now would they?
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