TAMPA, Fla., June 12, 2009 (GLOBE NEWSWIRE) -- eFUEL EFN, Corp. (Pink Sheets:EFLN) (formerly EFUL) announces today that NASD has approved and executed the reverse division of its outstanding common shares in a 40 to 1 ratio. As a result of the reverse division, the Company's new trading symbol is EFLN effective today. The reverse division was authorized and executed by the Company in order to reflect the value of its current operations, new revenue streams, success of new platforms, and to build a shareholder value which will be reflective of the true value of all of the eFUEL family of products. The new stock value will serve as a basis to bring shareholder value and will allow the Company to expand its market place and value.
About eFUEL EFN, Corp.:
eFUEL EFN, Corp., ("eFUEL") is a publicly traded company listed on Pink Sheets under the symbol EFUL. 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 express 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.