TAMPA, Fla., May 6, 2009 (GLOBE NEWSWIRE) -- eFUEL EFN Corp. (Pink Sheets:EFUL) is pleased to announce a monumentally successful Stock Buy-Back/ Stock Retirement program this past week. The company believes that eFUEL stock is currently under valued, and believes that shareholder value would be maximized from the retirement of shares. Since the Stock Buy-Back / Stock Retirement began, eFUEL has purchased and/or retired more than 25,000,000 million shares. The company stated their goal is to retire 50-100 million shares in the market within the next few months and return those shares to the treasury.
In other recent events, the I-NEX Worldwide, Inc. Super 8(a) certification filed and expected to be granted, is the "golden apple" of small business programs. It opens the most doors and provides the greatest opportunities, like preferential treatment in contracting with the Federal Government/GSA. Super 8(a), coupled with the launching of the eFUEL's flagship social networking site, http://www.outRAGEousEncounters.com , the company expects both local and national media coverage.
About eFUEL EFN, Corp.:
eFUEL EFN, Corp., ("eFUEL") is a publicly traded company listed on Pink Sheets under the symbol EFUL. eFUEL is an internet services company offering a wide variety of products including but not limited to background screening and verification sites, including http://www.ValiMate.com, http://www.VeritasID.com, and http://www.FastandEasyID.com, and also http://www.VerifiAmerica.com, on-line dating sites http://www.outRAGEousEncounters.com and http://www.PositiveLove.com, and recently launched a new service called Easy ID, the fastest, easiest ID verification available on the Internet. This product will be offered to all new members who purchase any http://www.eFUELstore.com service. Simply enter a person's full name and birthday and the background information will be provided. This service is also available at the company's main site http://www.eFUELstore.com or http://www.ValiMate.com.
For additional Product information, go to our corporate site at http://www.eFUELcorp.com
Safe Harbor Statement:
Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.