EVFL - Where's The Bid?

EVFL currently runs a close second to EWRC in the Pink Sheet money sucking department. EVFL has been trading billions of shares a day for several months now and yet has no bid. Like EWRC's $.019 offer, the penny stock guru's are at a loss for words. How does a stock receive billions of shares in volume and somehow maintain an endless ask at $.0001?

We've covered this before:

http://pennystockgurus.blogspot.com/2009/09/evfl-100000000000-authorized-shares-and.html



EVFL has 100 billion shares authorized. That is shocking. How someone can awake in the morning and want to buy a stock that has 100 billion shares available to dump is beyond comprehension. Then to have the stock trade billions of shares and still not have a bid is even more sickening.

The good news is that, according to Pink Sheets, only 21 billion shares of the 100 billion are outstanding. At the current rate of volume, assuming people are still willing to buy this stock going into the future, the 100 billion shares authorized will be consumed sometime in late 2010. Maybe there is a light at the end of the tunnel. It's pretty dim, but anyone buying a stock with 100 billion shares in the offing doesn't have a bright light bulb in their head.