RE: Good article for DDI was tempted to put in a small order but sanity prevailed. As usual way too many open ended factoids with EFL and its deals. No contract or value mentioned.
I did notice that they were paid in advance for whatever work they are to do. It would appear that EFL is being cautious and perhaps rightfully. Bottom line is they do not say how much! Was it a hundred bucks, a few thousand? What? EFL should be reminded that they are still a PUBLIC company and accountable to ALL investors.
The EFL client appears to be in the process of being sued by more than one company. There is the little question of a person with the word "fraud" in his history that was leading the company until he resigned and it would also appear that article writers/ev supporters are not exactly overflowing with confidence. Add the fact that it is a private company with what would appear to be no disclosure on its finances, and my confidence as a potential investor goes "puff".
On a last note, the time lag between insider transactions and reporting same is inexcusable and the TSX / Sec should do something about it. We seem to be talking years here! The investor has a right to know.