TAMPA, Fla., June 12, 2009 (GLOBE NEWSWIRE) -- eFUEL EFN Corp. (Pink Sheets:EFLN) announces that the Company was informed by NASD/FINRA on June 11th that the Company's stock reverse was approved to be effective today under the new trading symbol of EFLN. Previously, the Company had announced that the Board of Directors and Majority of Shareholder voted to make a reverse division of the outstanding shares of the Company's stock in order to create a stock value that is more reflective of the base price where the value should start from, as the Company's revenue and strategic successes come to fruition to create greater shareholder value.
About eFUEL EFN, Corp.:
eFUEL EFN, Corp. ("eFUEL") is a publicly traded company listed on Pink Sheets under the symbol EFLN. eFUEL is an internet services company offering a wide variety of products including but not limited to background screening and verification sites, including http://www.ValiMate.com, http://www.VeritasID.com, and http://www.FastandEasyID.com, and also http://www.VerifiAmerica.com, on-line dating sites http://www.outRAGEousEncounters.com and http://www.PositiveLove.com, and recently launched a new service called Easy ID, the fastest, easiest ID verification available on the Internet. This product will be offered to all new members who purchase any http://www.eFUELstore.com service. Simply enter a person's full name and birthday and the background information will be provided. This service is also available at the company's main site, http://www.eFUELstore.com or http://www.ValiMate.com.
For additional Product information, go to our corporate site at http://www.eFUELcorp.com
Safe Harbor Statement:
Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.