Efuel EFN Corp (OTCMKTS:EFLN) On The Comeback Trail

After a long period of consolidation, Efuel EFN Corp (OTCMKTS:EFLN) stock is finally showing signs of ticking higher. Investors’ sentiments are strengthening after the EFLN released investments in Bitcoin and Litecoin besides the conversations with the OTC Markets to remove the Caveat Emptor sign. Consequent to this beneficial news, in our view, it is the right time to again revise this name. Image from the Website - Efuel EFN Corp OTCMKTS:EFLNRecent price action indicates that the stock could creep up higher, as the trading volumes are achieving six months record. In our opinion, as individuals digest the most recent information and understand the market opportunity, the share price could be pushed up. With more than 50 million shares changing hands some days, the stock needs to be able to close above the $0.0030 to affirm the upward trend:

2 months chart for EFLN

On the downside, Efuel EFN Corp stock chart shows the closest resistance at the $0.01 mark. If the stock price closes below that level, trading losses could be large. However, taking into account the recent steps taken by EFLN, ticking down to that share price levels does not seem likely.Before we provide the most critical stock catalysts, let's provide the background of the company for those who don't understand the activities of EFLN.BusinessEFLN, operating since 1997, is a holding corporation headquartered in Wildwood, Florida. The business consists of five business divisions: Solar and Wind Energy Division, Real Estate, Agricultural Land Division, Investment Division, Retail, Hospitality Division, and Construction Division. The management of these five divisions has vision and goals to advance business operation that will grow in this economy.In this new article, we will focus on the current stock catalysts that are making the price run. Readers looking for an extensive assessment of the business should read our previous piece "Efuel EFN Corp (OTCMKTS:EFLN) Is An Undervalued Play."The Stefanovic's family is planning to invest $160,000,000Undoubtedly, it is one of the most serious stock catalyst on this name. This rich family is acquiring a large number of outstanding shares and is planning to reach approximately 90% of outstanding shares. While there are many market participants in the iHub forum telling that the company is not trustworthy, but the whole market accepts that the upward trend in the share price will continue if the Stefanovic's family keeps buying. It is the basic law of supply and demand.Recently, the market received more information that supports this thesis. In particular, Slavoljub Stefanovic, CFO of EFUEL EFN Corporation, received $35,000,000.00 loan approval and he has planned to invest in EFUEL EFN Corporation when the stock price will reach to $0.20. For those who are hearing for the first time about Mr. Stefanovic, do some research and look for his fund EURO-American Finance Network INC. You will understand who we are referring to.Incoming projects seem promisingWith regards to the operations of EFUEL EFN, more beneficial information was recently noted. While the company is negotiating a partnership with Atlantic Surveyors and Mappers LLC on potential $16,000,000 project, it is also dealing with other business propositions. In our opinion, if the company plans continue summing more assets and business interests to the balance sheet, the market should push up the stock price.The mining operations of EFUEL EFN should also be assessed. A logistical and geo summary report will be ready by mid of 2018, which will help understand the structure and potential of this mesothermal type of deposit in multiple target zones. We will stay tuned since the optimism is at its highest level. The following is what the market is keeping in mind:"The preliminary testing indicates ground deposit of gold and other minerals. The present preliminary scientific research shows that there is more than multi million ounces of gold in grand deposit, plus large deposits of other minerals." SourceAdditionally, it is worth mentioning that the mining properties are located in SW Colorado. We are keeping in mind that these assets are the result of a lease-purchase agreement with The Liberty Mines Group. These assets consist of 2,905 acres of land with 21 gold mines. Preliminary tests indicate significant percentages for Rare Earth minerals in this zone, but more work will be needed to establish the value of these assets. This is another stock catalyst; if the company can confirm the estimated value of these mines, the stock price should take off.Finally, the company also noted recently that two large construction projects are going to be built in Florida. The first project is 160 condos and the second project is the Cherokee Trading Mall with a hotel. Like the other projects, more information and concrete details will be needed in 2018.Sales noted in the 3rd quarter 2017 and transparency efforts should pay offFor those cold individuals who only care about financial figures, net income and sales, the company also provided information. Please bear in mind the following information released in November:

"In the third quarter, in 2017, EFLN negotiated to purchase and sales additional assets, with the value of $1,250,000 and net income of $250,000. These assets will be added to the first quarter in 2018. In addition to these assets, our portfolio consists of land, minerals and gold worth approximately $500 million. These assets will be on the 2017 IRS Tax balance sheet. Our sales projection is to increase sales by $25 million by the year 2020." Source

What's our take? We are sure that the market will assess the numbers to be released in the 1Q 2018. With more detailed information about the sale of assets and the cash in hand, the stock could spike in 2018. There is more. With the company becoming much more transparent in 2017 and 2018, many more market participants seem to be interested in this name again. In our view, the amount of money paid to lawyers and accountants to publish the financial accounts should pay off in 2018. Check, for example, this letter from lawyers, wherein the total amount of assets along with the holdings of the Stefanovic's are disclosed.New products and investments in Bitcoin, LitecoinIn line with the expansion plans noted in our previous piece, EFUEL management created a new website and introduced a new line of products in the Cherokee Trading Post Mall:

• Wolf Product Line
• Dream Catcher Line
• Organic. Cone Honey Line

That's not all. On the top of it, the Cherokee Trading Post store will be in a movie, called "Lush Life", based on a poem and song artist in Switzerland. Please note that this initiative will not only help commercialize the Cherokee Trading Post Mall, but EFUEL will also receive 5% from net product sales.In addition to the fact that the company has acquired positions in several cryptocurrencies, the directors are preparing an electronic payment system using blockchain technology. More, in particular, the company is expected to integrate Litepay, and it is developing gold coins that will be able to be purchased with Litecoin. The dimensions of the coin will be 32 mm in diameter, 112 Troy ounce is the weight, and will be 99.99% gold. - Efuel EFN Corp OTCMKTS:EFLNIf the company is able to grow only at a fraction of the growth shown by the blockchain industry, the shareholder can expect the stock price to run. Undoubtedly, this is another significant catalyst that we will need to monitor closely.ConclusionCurrently trading with a market cap of $4.1 million, EFLN is an interesting story. We appreciate the projects and the involvement of the Stefanovic's. However, we need to warn market participants about the Caveat Emptor symbol placed by the OTC Markets. It means that there are some concerns about this company and market participants need to execute extensive due diligence on this name. While we are aware of the work of EFLN to remove the bad note, we need to encourage readers to study the company closely.Be sure to check out our coverage on EFLN!We will be updating our subscribers as soon as we know more. For the latest updates on EFLN, sign up below!Disclosure: We have no position in EFLN and have not been compensated for this article.Image courtesy of Karl-Ludwig Poggemann via Flickr