NEW YORK, Nov. 12, 2014 /PRNewswire/ -- EFactor Group Corp. (OTCQB: EFCT) EFactor Group Corp. owns and operates a niche social networking site for entrepreneurs. It operates EFactor.com, a platform that enables access to a network of contacts, registration for networking events, advisory consulting, and various business tools, as well as a range of services and information. The company also provides key support services in the areas of funding, knowledge, cost savings, and business development, as well as offers public relations and advertising services. In addition, it offers apprenticeships and work-based vocational learning services, as well as welfare-to-work job-brokerage services. The company operates in the United States, the United Kingdom, India, China, and the Netherlands. EFactor Group Corp. is based in San Francisco, California.
The stock has been in major decline since the early 2013 high near $12. The decline has slowed as price approaches the major support low at $0.25. The near term issue is whether the stock can show support and get some upside momentum.
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