OK Avockil,

Still some questions to answer here.

1.   THe insider purchase by Bejoy was approx $180k out of his own pocket. This was NOT part of a PP or Public Offering as it would be tagged differently on the Insider Report. As it stands, it is listed as "aquisition in the open market" which means he put in a buy order just like you and me.

2. I don't agree with the math on MMCAP. I don't care how you slice it, if you loaned someone $15mil in a debenture offering, then gave them another $4.6mil in the 1st tranche of a PP, then continue to offer up to another $8mil in Equity Financing for a possible total of $27.6mil, and the company goes bust, I don't believe there is any shorting strategy that will get your money back. Plus, they're in it to make money. How anyone thinks they'll get their $27.6mil back, plus a big profit is beyond me.

3. TXS data that I subscribe for, NEVER EVER showed any extremely large short position for 7 mil shares. The most extreme it got was a very brief period for 7-14 days after the announcement of the Walmart contract where it hit 3.9 mil shs and someone(s) shorted it from around 1.60-1.50 down to about 1.10. Aside from that one instance, short positions in EFL have generally hovered around the 400-500k shs over the last 6 months. Any short positions or Put options would show in this report. So, no big sustained short position to make much money from. So, please explain to me, how this long-short position generates enough to get their $27.6mil back plus big profits. 

4. And speaking of insider information, it is somewhat suspicious the shorts of 3 mil or so shares that was tagged on in Sept immediately upon the rise in price after announcement of the Walmart Deal. What did someone know to place such a large, supposedly risky short on news like that. They could have easily announced another deal soon after which would have murdered the short. Someone seemed pretty confident.

5. We'll see Tues morning, but the sale (and some rent back of space) on the Miss property to pay off Mort 1 and 2 will clean up the balance sht somewhat. The most recent finance could be to clean up the rent. These guys have 18 lives so I'll wait to hear what is said, or not said Tues morning before i make my final judgement. And I definitely won't listen to the screaming idiots on Stockhouse which have only made this a lifelong emotional drive to be RIGHT.

6. Let the lawsuits fly if that's what needs to be done.

To be fair and clear, this is a trainwreck of a penny stock. But any of us that have traded EFL for 10-15 yrs knows that. I personally, don't need a bunch of psycho posters in my face day in and day out regardless of the situation. You also have to ask who are they and how can any sane person waste the amount of time and energy on a piece of schitt penny stock and feel like they're somehow saving the world the way they do. Even "IF" they make a valid statement, I will not do anything to encourage or validate them. I've been in and out many times. I know how they operate. 

EFL's behaviour has absolutely been questionable and not to apologize for them I can also  say that about 100 other penny stocks I've come across over the years. The OSC cannot stay on top of finacial markets (too big) and all its behaviours so it is a wild west casino we play in. Experienced traders know this everytime they buy a penny stock. Blindsides are common. Novice investors need to learn a bit before they decide to dabble in volatile, cheap, untrustworthy stocks like EFL yet not once have I haven't heard any of the bashers lay any responsibility whatsoever on the folks that unfortunately bought at $3-4.00. I learned this in my early days and it cost me money to do so. As they say, the only way to learn in this game is you're gonna lose some money in the process. I'm sorry for that. It's how you learn. And if you don't have the stomach for it, stay away.

Finally, I too don't appreciate being lied to or having information constantly hidden or obfuscated. Yet, I see even bigger companies do exactly the same things. The behaviour is frustrating but it unfortunately comes with the territory these days. If EFL is done, too bad, I hoped for better. But I'm here, like everyone else, to make money. If not, I move on. And don't lose sight of why most are here in the first place. They didn't put money in EFL for virtuous and moral climate change reasons. They put money in to make money from the climate change shift. 

Whatever happens, it's been a rollercoaster. Good Luck!