EFUT

[la-onda]

premarket 23$ now   

FYI:

1)
e-Future Information Technology, Inc., through its subsidiary, e-Future (Beijing) Tornado Information Technology, Inc., provides integrated software and professional services for manufacturers, distributors, wholesalers, logistics companies, and retailers in China's supply chain front market. The company's software solutions include e-Future ONE Visual-DRP, a Web-based product designed to meet the distribution and network management needs of manufacturers; e-Future ONE DMS, a mini-enterprise resource planning application utilized by wholesalers and distributors in the consumer goods industry; e-Future ONE POS-ERP, a software solution designed to meet the demands of retailers for goods flow, order flow, information flow, and cash flow management; e-Future ONE LRP, an application utilized by distributors or logistics companies to enable such companies to improve warehouse management, transportation management, and logistics management; e-Future ONE SCM, designed to promote collaborative business between retailers and their suppliers; e-Future ONE CPFR/VMI, a program that provides customers with collaborative planning, forecasting, and replenishment features; e-Future ONE CRM, a system tool mining and analyzing customer data for retailing operations; and e-Future ONE BI, a program designed for intelligent distribution. In addition, the company provides system design and system implementation through the application of the software, as well as ongoing technical supporting services. e-Future Information Technology was founded in 1997 and is headquartered in Beijing, China.

2)
eFuture Announces its Debut Listing on NASDAQ Market Capital
Wednesday November 1, 9:00 am ET

BEIJING, Nov. 01 /Xinhua-PRNewswire/ -- eFuture Information Technology makes its debut listing on NASDAQ with symbol: EFUT.

eFuture Information Technology Inc. (eFuture), a leading provider of integrated software and professional services in China's supply chain front market, announced the closing of its initial public offering of 1,133,500 ordinary shares at $6.00/shar, raising 6.8 million dollars.
The ordinary shares began trading on the Nasdaq Capital Market on October 31, 2006 under the symbol "EFUT", shares of eFuture climbed 16.67% in their first day of trading in US Tuesday.
Future is the first Chinese software company listed in NASDAQ CAPITAL MARKET, and also the first software company in the front supply chain market, therefore, it will spark the interests of domestic and overseas investors sooner or later.
Adam Yan, eFuture's Chairman and CEO, says: ''China has enjoyed and sustained economic growth for many years and now China's market is huge, particularly in retail and consumer market. Therefore, we have established three basic strategies. First, Upon China's growth opportunities of next five years, we will constantly solidify our leading position and expand our and market share through organic growth in the front supply chain market, particularly in retail and FMCG (Fast Moving Consumer Goods) markets; Second, efuture will take the lead in outsourcing, international business, SAAS service through business model innovation. Third, we will not miss any opportunity to acquire companies, which can increase our shareholder's value.

eFuture's IPO underwriter is Anderson & Strudwick, Inc. and this is Anderson & Strudwick's first Chinese deal and it is closed successfully. Mr. Ming Zhu, executive vice president of RMCC INTERNATIONAL, INC. serves as our senior advisor and helps us to communicate with ANDERSON & STRUDWICk, as well as help us to understand the US CAPITAL MARKET.
Brad Haneberg of the Richmond office of Kaufman & Canoles served as underwriter's counsel and was instrumental in helping to get the necessary approvals to bring the issue to market. The Kang Da Law Firm of Beijing represented the issuer.

3)
Key Statistics:
http://finance.yahoo.com/q/ks?s=EFUT

4)
Chart

[REALDEALS21]

Another Great day, up $9 + !!!!!

[rurouni]

Another Great day, up $9 + !!!!!

What do you guys think about this stock?  At the current price right now it is already selling at 65+ times its earnings.  Do you think it is waaaaaaaaaayyyy overpriced? 

[REALDEALS21]

Up $16 + right now !

[rurouni]

Up $16 + right now !

This stock is unreal.  I guess any Chinese IPO is hot right now.

[kslifka]

Seriously

[njshiva]

AMAZING!!!

Nice pic la-onda!!

[Terliso]

Ohhh Jesus christ!! 14 to 48 in just 3 trading ...242%  
Applause...

[Terliso]

eFuture is the 31st Chinese company to list on NASDAQ," Mr. Greifeld said, "China is the fastest growing market for NASDAQ in terms of the number of companies listing. NASDAQ is committed to China and we look forward to continuing our efforts to assist with and support the ongoing growth of China's capital markets.''

http://biz.yahoo.com/prnews/061108/cnw007.html?.v=4

[njshiva]

Down 31%   

e-Future Information Technology Inc. Unaware of Business Information Underlying Increase in Share Price and Trading Volume
Tuesday November 14, 9:29 pm ET

BEIJING, Nov. 14 /Xinhua-PRNewswire/ -- As previously announced by e-Future Information Technology Inc. (Nasdaq: EFUT - News), on October 30, 2006, e-Future completed the initial public offering of its ordinary shares. Pursuant to this offering, e-Future issued 1,133,500 ordinary shares at a price of $6.00 per share. Including the shares issued in the offering, e-Future has issued an aggregate of 2,633,500 ordinary shares to date. Since October 30, 2006, the share price and trading volume of e-Future's ordinary shares has increased dramatically. On several trading days, e-Future's trading volume has been a multiple of its total outstanding ordinary shares.

e-Future is unaware of any business information underlying the increase in e-Future's per share price and trading volume.

[njshiva]

EFUT never ceases to amaze me 

[HANDBALLJIM]

Wow up 6.06 today. This stock reminds me of the internet stocks before the bubble popped in 2000. Very strong moves for no reason...and it makes you want to jump in at any price. Very small # of shares outstanding...everytime I have tried to access their website...(((The page cannot be displayed))) You would think an internet company would at least be able to keep their website going...can't be a good sign.

But then again...most smart investors are successful doing the exact opposite of what the average investor would do. So if I had some money to risk I would buy...and put a stop order in ASAP. lol

[kslifka]

EFUT...way up.  Float is only "45,000"

[picknponies]

Holy Low FLoat batman!   this feels like deja Voo, hmmm....well hope we all are banking

[kslifka]

I day traded this one...but had to sell at the end of the day.  May have some more juice.  Low Float China Stock.  (I think some of these China stocks are getting ready to move.)

Man I saw CHNR and EFUT and had to decide which one to go for.  Well I went for the lesser of the two.  Oh well a nice profit...none the less.