SOURCE: eFUEL EFN, Corp.

March 10, 2011 09:59 ET

eFUEL EFN, Corp. Is Pleased to Announce That EAFN Has Agreed to Fund eFUEL

TAMPA, FL--(Marketwire - March 10, 2011) - Management is pleased to announce that Euro-American Finance Network, Inc. (EAFN) has agreed to fund eFUEL EFN, Corp. (PINKSHEETS: EFLN) thru a $10,000,000 line of credit to be established upon completion of its IPO. The line of credit will be used by eFUEL to acquire revenue producing assets.

Further, management anticipates that the value of the one hundred and eighty-eight acres of land located at LL180LD8 Brown Cr. Wilcox County, Georgia, will be included in the shareholder equity portion of the next OTC Pink Sheet submission.

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 on-line dating site www.outRAGEousEncounters.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.

Contact Information

  • CONTACT:
    Investor Relations:
    Frank Pinizzotto
    727-698-7492