TAMPA, Fla., June 11, 2010 (GLOBE NEWSWIRE) -- eFUEL EFN, Corp. (Pink Sheets:EFLN) announces that eFUEL EFN, Corp. Board of Directors, at a duly noted meeting took into consideration changes in the business tempo and opportunities for the company with regard to the contemplated reverse division of the company's common shares. Due to new business opportunities and contracts, the Board unanimously voted to not execute the proposed reverse division of the common shares.
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 www.ValiMate.com, www.VeritasID.com, and www.FastandEasyID.com, www.BackgroundAnswers.com and also www.VerifiAmerica.com, on-line dating sites www.outRAGEousEncounters.com and 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 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 www.eFUELstore.com or www.ValiMate.com. For additional Product information, go to our corporate site at 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. 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.