WILDWOOD, Fla., Feb. 13, 2018 (GLOBE NEWSWIRE) -- OTC PR WIRE -- eFUEL EFN Corp. (OTC:EFLN) releases today the following letter to shareholders:
February 8, 2018:
It is with great pleasure, to let our shareholders know, that eFUEL EFN Corporation has filed its annual report and letter of attorney, with Otcmarkets. Company may need to look for legal route if OTC does not update its status as ‘OTC Pink Current’ soon. The report details our company goals, objectives, and a balance sheet. Also, eFUEL EFN Corporation has invested money in Cryptocurrency and Blockchain technology. The company is working tirelessly, to increase sales and develop new lines of revenue.
eFUEL EFN Corporation has introduced new products in the Cherokee trading post store. These products are Kokopelli Products, Wolf Products, Dream Catchers, and Organic Cone Honey. Also, the Cherokee Trading Post store will be in a movie, called “Lush Life”, based off of a poem and song artist in Switzerland. The director is Mr Evan Houston from California. For allowing use of our store, the company will be receiving 5% from net production sales.
The company has also invested in Bitcoin and Litecoin. eFUEL EFN CORPORATION is exercising caution with our Cryptocurrency purchases. This will be a long term investment for the company. In addition to the Cryptocurrency purchases, the company and its directors are in discussions, to have an electronic payment system developed, using block chain technology. The company is also evaluating to integrate BitPay (Bitcoin payment processing services for merchants, and is one of the largest Bitcoin payment processors) and Litepay (Litecoin launches new payment options for merchants) with the existing payment system for customers so that they can buy gold coins using Bitcoin/Litecoin crypto currency also. The reason for getting this technology developed is because the company is going to begin production of gold coins, that will be 16g and contain 99.99 percent gold.
“This is a very exciting time for EFLN Company, leadership, and shareholders. We are trying to develop many new areas of sales, revenue, and profit. We want to thank our shareholders for their patience. The leadership team is putting together an EFLN Brand that will be very profitable for the company and shareholders,” stated EFLN CEO, Ljubica Stefanovic. “The Company has small debt and starting to reinvest a large portion of its profits back into the company. This year will be exciting for our company and its shareholders. Lastly, our valuation for our company based off of our assets, is 20 cents per share. Remember, the company controls over 1.6 billion shares. The shares are restricted and untouchable until our stock price reaches $1 per share.”
Forward-Looking Statements:
Statements in this press release that are not statement of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward - looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” belief,” “expects,“ “expect,” intends,” intend,” anticipate,” anticipates,” plans,” plan,” to be uncertain and forward-looking. The forward- looking statements are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with the Securities and Exchange Commission.
eFUEL EFN CORPORATION
EFLN Investor Relations
Ph: 352-399-6278 efuelefn@yahoo.com
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