WILDWOOD, Fla., March 08, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- eFUEL EFN Corp. (OTC:EFLN) announces the following to the public, the OTC Markets in accordance with the filings submitted should lift Caveat Emptor warning from our company in the coming days.
The Stefanovic's family has been increasing its holdings in eFUEL EFN Corporation and the goal is to continue to purchase outstanding shares until our holdings reach approximately 90% of Outstanding.
The eFUEL EFN Corporation has recently announced that the company and Stefanovic family has elected to hold 1,600,000,000 (One Billion and Six Hundred Million) restricted shares of Common Stock at the fixed price of $1.00 per share. Regulations required eFUEL to hold all restricted shares until stock reaches a market value of $1.00. By increasing eFUEL's holding we are also increasing eFUEL's market value.
We are making tremendous progress. I remain fully confident with the long term growth of eFUEL. I am not concerned with the day to day, or short term fluctuations of the stock price. Mr. Stefanovic manages a very large fund called EURO-American Finance Network INC so he understands that it takes hard work and dedication to make a company prosperous.
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
www.efuelefncorporation.com
Ph: 352-399-6278
efuelefn@yahoo.com