This is huge news. For one, it shows that yesterday's MOU is actually beyond that and is practically signed, sealed and delivered. As most know, any pink can come up with some bogus MOU with just about any kind of company and then let it kind of fritter away in the months to come and never speak of it again. So, this looks like it's a done deal or at least as close as can be and it's with an entity with verifiable assets.
Yesterday's PR said they had 45 days to close the deal, but a week had already passed, so it should be iron clad by the end of October.
It's also obviously a lot better to have financing in place for shares to be bought above current price as opposed to below, so as long as your personal average price is below .001, you should be at less of a risk here in the next 9 months and it would lead one to believe they are going to try their darndest to get this thing well above .001, so they (EAFN) can get cheap shares--and it doesn't appear that these 250,000,000 will be going into hands that are looking to trade them at the drop of a hat, but that's just speculation.
And finally when analyzing this, I think you have to ask yourself, if some company offered you discounted shares, what kind of discount would get you excited? For me, I can imagine a 67% discount, others might say 50% off the current pps, others might want 90%, I don't know. But whatever the figure, it definitely wouldn't be close to the actual market price. It's reasonable to expect that EAFN wants EFLN's share price to move past .002 to .003 or even higher.
News 
Market Data 
Discover 
