Sunday, January 3, 2010

EVFN - The Stock Continues To Slide Post Reverse Split

Straight from EVFN's CEO after reverse splitting EVFL's stock 600-1 and turning it into another money sucking symbol EVFN:


"Dennis McLaughlin, CEO of Evolution Fuels. "However, in order to achieve our goal of listing on the OTCQX, we are undergoing a series of proactive strategic initiatives to raise our price per share, while at the same time, rewarding our existing shareholders.""


The CEO of EVFN has done nothing to increase the price per share.  He has done nothing to reward shareholders.  The Guru has been all over this stock.  Search for EVFN and EVFL on this blog.

Look at this chart showing the precise time of this statement from the EVFN CEO and the corresponding crash in share price:




Now the bigger picture.  How can anyone in their right mind buy this stock.  Do not believe the hype here folks.  EVFN is a loser.  Always has been, always will be:


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