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Posted On: 05/15/2017 7:58:12 AM
Post# of 104085
$EFLN From April 5th (the initial move to .007) to May 12th (Fridays closing of .0027), the total number of short shares has been 552,681,104. Remember these shares are often created and covered instantly or within minutes.
Considering the float is only 700M (update per otcmarkets on SS while becoming current this week imo) these shares have been absorbed by shareholders.
As longs continue to accumulate and hold MM's are getting more desperate to control prices. Break .0028 and things become very difficult for them. Buying pressure has continued while confidence is building amongst shareholders. Buyback, no Dilution or A/S increase, verifiable audited assets of 520M, revenue of 800k+, company price target of .20 and future projects on the horizon.
Buy all u can at these levels because price is definitely going beyond a Penny.
Glta
Considering the float is only 700M (update per otcmarkets on SS while becoming current this week imo) these shares have been absorbed by shareholders.
As longs continue to accumulate and hold MM's are getting more desperate to control prices. Break .0028 and things become very difficult for them. Buying pressure has continued while confidence is building amongst shareholders. Buyback, no Dilution or A/S increase, verifiable audited assets of 520M, revenue of 800k+, company price target of .20 and future projects on the horizon.
Buy all u can at these levels because price is definitely going beyond a Penny.
Glta
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