(Total Views: 329)
Posted On: 05/08/2017 8:40:51 AM
Post# of 106590
$EFLN up 144% Friday. CEO's last PR discussed buyback efforts.
http://www.otcmarkets.com/financialReportView...;id=171333
The company has not increase the AS in 5 years.
The company which is family owned...owns 1.6bil of the 2.5bil OS
They are in the process of buying back 50mil sh
They will continue buyback efforts when the 50mil buyback is completed
http://www.otcmarkets.com/financialReportView...;id=170386
The biggest news is that they were recently approved for a 35mil loan however the funds have not been received. From their April 26 PR they need to achieve a pps of 20 cents to access the loan. This will be accomplished by continued buyback. In the above link find the page entitled "Lucrative Growth Environment Predicted." The information is in the 3rd paragraph.
http://www.otcmarkets.com/financialReportView...;id=171333
The company has not increase the AS in 5 years.
The company which is family owned...owns 1.6bil of the 2.5bil OS
They are in the process of buying back 50mil sh
They will continue buyback efforts when the 50mil buyback is completed
http://www.otcmarkets.com/financialReportView...;id=170386
The biggest news is that they were recently approved for a 35mil loan however the funds have not been received. From their April 26 PR they need to achieve a pps of 20 cents to access the loan. This will be accomplished by continued buyback. In the above link find the page entitled "Lucrative Growth Environment Predicted." The information is in the 3rd paragraph.
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