MicroCap Stock Suspended By SEC for Fraudulent Press Release
Yesterday, the SEC temporarily suspended trading in ENFL’s securities due to concerns about the accuracy and adequacy of information in the marketplace about, among other things, the company’s status with OTC Markets Group Inc. as stated in a press release issued on March 19, 2018.
Efuel EFN Corp. (EFLN) published a press release on March 19, 2018 that misrepresented a letter from OTC Markets Group.
According to OTC Markets Group, “The Efuel EFN Corp. press release was fraudulent, OTC Markets Group did not send that letter, and we have referred the matter to regulatory and criminal authorities.”
Efuel EFN Corp. was and continues to be listed as Caveat Emptor on the OTC Markets Website.
Learn more HERE.