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My new $300 Pick is EFGO .0002 X .0003 read todays news! Let's see if it can make the challenge?
ESPRIT FINANCIAL GROUP INC (U-EFGO) - News Release
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Reverse Merger with Hebei Haorizi Company Ltd, a China based Company
2007-11-28 07:30 ET - News Release
BEIJING, Nov. 28 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) is pleased to announce that it has signed a firm and binding agreement to complete a reverse merger with Hebei Haorizi Company Ltd., a China based company.
The merger, will include both cash and stock together with $5,000,000 in special financing through existing preferred shares and common stock.
Hebei Haorizi conducts business primarily in the Hebei Province China. Haorizi translates to the equivalent of "Good Life" in English. Their Chinese corporate site can be viewed at www.haorizi.com and a new English website has been set up to provide an overview of the two merged companies at www.goodlifechina.com.
The formal press conference and the signing ceremony between Ms. Jongmei Jia and Mr. Garr Winters was held the morning of November 28th, at the headquarters of Good Life in Shijiazhuang China. The event was a major business story in the city of Shijiazhuang and press coverage was carried on Hebei TV, The Hebei Daily News, The Yanzhao Dushi Bao and Hebei radio.
Some of the attendees at the ceremony were;
- Deputy mayor of Shijiazhuang - Zhang Diankui,
- Deputy of the Secretary-General for Hebei Province - Tang hua ming;
- Mr. Chen deputy director of Beijing
- Mr Tang Min Deputy Secretary General
- Ms. Ma Yu Director of State Development Hebei Province
Mr. Johnason Xie, Vice President of Good Life advised; "We have been searching a long time for a suitable merger candidate with which to go public, and we see Esprit as a perfect match with what they bring to the table. Esprit's management team, their existing infrastructure, their technology and experience in my opinion is the best that we have seen period. We have been approached by many public companies and Esprit fits us and our vision like a custom made glove. We see this merger as a WIN-WIN proposition."
Esprit and Good Life management, estimate that the formal completion of the merger will take place as soon as the necessary filings with various authorities are completed, with a date most likely before December 31, 2007.
Good Life is one of the most successful, fastest growing, and most recognizable retail chains of Convenience style stores in Hebei Province, China (population 65 million), with 3 distribution centers servicing its 1,600 locations and over 2,000 merchant suppliers.
"Good life one of the most e-commerce and web enabled companies in China with a very comprehensive and sophisticated back office currently in operation. This is something that Good Life is extremely proud of," added Esprit consultant Mr. Robert Xu, "and rightfully so. Simply put, Good Life is very good at what they do."
The merged companies will undergo a name change, including a new ticker symbol and CUSIP number prior to December 31 2007.
Good Life has grown at a meteoric rate since it was founded in 1998. It will close the year with approximately 1,600 stores operating under the Haorizi - Good Life retail banner by year's end. Total gross sales through the chain, which is run as a franchise operation, will exceed $100 million USD,
Its five year business plan sees Chinese operations growing to 20,000 stores as it expands geographically to neighboring Provinces.
Current Esprit CEO Garr Winters will step aside after the closing of the transaction, with Good Life founder Ms. Dongmei Jia assuming the CEO role for the merged companies.
Mr. Winters added, "Dongmai Jia is an incredible, amazing and a capable woman, who has put together an impressive organization. The Esprit - Hebei Haorizi union will provide the new management with many tools already in place at Esprit such as the Check21 service and Esprit's sub prime back office utilities such as the Trust vault and the E5 system. With Good Life's infrastructure and revenue stream in place coupled with what Esprit brings to the table this should appease even the worst critics who tend to look at the share value like a slot machine rather then a long term business goal, which we have always maintained we were striving to achieve."
Good Life's advanced e-commerce enabled IT platform and back-office services for its franchised network of 1,600 Good Life convenience stores network will allow for rapid deployment of these services in a short period of time.
Good Life, will utilize Esprit's existing E5 lending system, training and back office capabilities, and plans to role out some of these new financial products together with crop insurance for farmers in its local marketing areas, in the 1st half of 2008.
Esprit CEO Garr Winters said, "We are tremendously excited about this merger, which takes both companies to new heights. Good Life is growing at an incredible pace, and we have been extremely impressed with their business models, as well as their incredible growth rates. I would like to thank all members of our respective teams for their commitment and diligence in making this deal happen. This merger can best be described as a gold fish swallowing a whale. The sheer size, infrastructure and upside potential of Good Life is simply overwhelming. In my opinion with this merger firmly in place the sky is the limit for our newly formed company. The opportunities in China are just staggering and with this merger and with Ms. Dongmei Jia in the driver's seat we see a huge upside for the company and our shareholders."
Good Life founder President and CEO Ms. Dongmei Jia has said we are extremely pleased with this merger as well. Although the two companies do business in 2 different countries our services are similar for the sub prime market. We both shared the vision to bring the linked businesses together through modern means of the Internet for the rural development in China. After six months of full time communications, negotiation, and meetings the two sides agreed to cooperate in the reorganization and the merger, believing that the two sides will further expand their business, and achieve even greater development for the benefit of the shareholders. The merger of Good Life with Esprit and our current logistics, business development and rural structures will allow a rapid development of trade and financing channels for the Good Life lending business services in the rural areas. The addition and experiences of Esprit bring us new concepts, a new business model (payday loans) and advanced management techniques for building a greater company and a great organization.
In closing, Mr Winters added, "As our shareholders know, I have another key objective that I would really like to fulfill before I step down. That is to see Esprit up-list to a fully reporting Pink Sheet or OTCBB status. I only have one month left to make that happen, so we will continue pushing the pedal to the metal a bit longer." Winters adds, "I can safely say that we are currently in the final stages of making this up listing happen and we have identified several possible candidates whose proposals we are entertaining at a serious and final level. We also have several other ways to make this up list happen with internal assets of IFGX, however the management plans on reviewing all of its options and those that are the most beneficial to its current shareholders before making a final decision."
Additional news and details will be posted as they become available at; www.goodlifechina.com (English investor relations site) and www.haorizi.com (Chinese corporate site).
About Esprit Financial Group Inc.
Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include: the Payday Loan Software division; Forex Trading; Advanced Electronic Funds Management; and Specialized Investment Banking and Financial Advisory Services.
About Good Life Group Limited.
Good Life Group Limited operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
Esprit Financial Group
CONTACT: Investor Relations: (416) 619-0397, www.espritfinancialgroup.com,
espritfinancialgroup@gmail.com
I'm still working on winning this year's challenge
almost there
OK so i took a big hit on FCCN, Sold it at .0085.NOT BUYING ANYTHING RIGHT NOW.Sitting and waiting..Markets are really shaky right now.Might have to extend the challenge into next year due to a falling dollar and shaky market but well see, anything can happen, for now everyone can still use this board for hot tips and general info on upcoming stocks.
thanks for the heads up
i've been playing with it all day, yes tried different skins. I will talk to the Ceo about my thoughts ,never know.Need to know on launch day how locked and loaded things will be.
1.Anyhow,i have kept my yahoo toolbar and this one lines up below it, i'll click it to be slim but it bounces back later to being on full.
So it would be best to only use one tool bar or are any other of you using both.
2. I also notice when i flip sites while on the web THAT having both bars causes a slight interuption (when switching sites) So i will have to try this by itself to see if it effects things. Again, with both bars going ,you get a slight interption or double enterying to where ever site your switching to.The interuption is only instantaneous.
3. i wonder how much tv selction you'll get. for when im at work and on a lap top i would like to check news ,say at lunch etc... so will it only give you you're home cable selection and no tv while mobile?
4.I can how this browser is set up in a userfriendly way ,like they say you can be at another website and then have access to alot more options ----where as before you'd have to type in where you're going ,which isn't a problem but if your busy you'd rather click once . Overall saves time.
5. the HDTV aspect is great but it means you need to use HD camera's only i believe. So again, will all the tv be only Hd
you can answer ,if you want by choosing any above number to my questions, to save time ,or whatever.
lordwinmore,
I bought EWDI @ .0003 last week. I am in small for only 1.2 million shares. I decided to buy more this week as I see it going up a lot more from the .0005's this week alone. I feel EWDI is going to be a big winner even prior to them going live on 2.8.08. The anticipation alone is going to send this stock soaring. This will probably make some sort of history on the Pinks especially if the company does right by it's shareholders.
All one has to do to realize this company means business is download the toolbar. Watch the Pre-launch video through their high definition t.v. player with high definition sound! You will immediately see how unique this is compared to the other toolbars and video players out there. It shouldn't take them long to get a large piece of the market.
Sports fans are going to love it! Music fans are going to love it! T.V. fans are going to love it. The advertisers are going to love it! They even have their own free web mail along with all the chat forums in this toolbar.
I gave them a suggestions about the toolbar so if you have any suggestions it wouldn't hurt to contact them with it. You can change the skins on the browser if you click on e-world e and scroll all the way to the bottom under Preview new skins. I don't know i you can customise the buttons or not?
Good luck to you on this if you get in! Always remember to do your own DD. I believe the O/S is 482 million with 2 Billion Authorized. Who knows where this will go, but the potential is unlimited imo.
If you click on EWORLD on the TOOL BAR, then scroll down to new skins you can get a completely new look.
GLTY
read your post..i agree about the live tv (i have some ewdi @ 0003)...live tv will be ready in february. They have a big launch party Feb. 08, the boomerang version you are using now is just the beta version
hey there dtgoody... when did you get into ewdi , .0002? i've just downloaded browser and checked a few things out. the color of the browser ---gray is kinda drab in a way, its below my yahoo brown browser.... too bad you cant customize the browser to arrang your own icons???? should i email them about that diea.. i want to ask you something ---i clicked thier tv and wanted to watch tv but was informed its not ready for that ???? only websites of various tv shows nothing live ???? when that changes this would be a big winner. I like the hdv format much better then google. go ahead and either reply here or email me ,you've done more DD then i.
lordwinmore at yahoo
EWDI for $300 you can buy a million shares! The current ask is @ .0003. The market is just starting to learn about the potential. EWDI has the best shot out of all of them to make it by the deadline. I'm expecting a lot more than 10G in the long run out of this. O/S is only 482 million. EWDI is my Pick for this challenge!
http://cbs2.com/video/?id=25701@kcbs.dayport.com
http://investorshub.advfn.com/boards/board.asp?board_id=8657
Hope you didn't average down... sucker is a POS...
CTBG is getting hammered again
looks like this one could put me over the top
lol yeah.. gotta be careful when "investing"!
FCCN @ .0065, so that makes $300 now worth?????????
about $51?
oooooooooooooookay
See. Don't let those knuckleheads over at the FCCN board talk you into averaging down either, there are much safer pinksheets to put your money in right now.
sounds like monday is gonna be bloody
We shall see my friend.
FCCN at .029 was not a great pick, there is no telling when/if you'll be able to get out even.. it won't be soon IMO
.017.........OUCH!.....
sorry....not touching this one with a 10' pole.....
It just keeps going from bad to worse...
Should be a very exciting week for FCCN.I hope everyone is in this for the run up.I did my own DD and this company looks very solid..Im hoping to sell my 10000 shares for this challenge somewhere in the .08-.11 range.Already looking to my next great picks..Enjoy everyone.
okie doke
cuz I want to WIN!
hehe
Dont worry my extra shares are not part of the contest.
might've been better to pick up some IVOI
and make some $ during the run....
I'm basically looking to win the challenge on it.
It's certainly doing better than FCCN.....
my $300 is up over 900% on today alone....
Once it goes to .037....I win.
btw....picking up more shares and spending more
than your initial $300 is cheating imo....
Should be ready to sell FCCN by friday if all goes well.Picked up some more in my other account during the dip to .015.Locked and loaded..lets make some money.
I bought a bit of IVOI on a whim
at .0011
as my part of the challenge.....
and I have to admit.....it's blind luck.....
Looks like I might win the challenge......
the way it's going......
IVOI just announced a spin off dividend....
might not be too late to get in on it....
Franchise Capital Corporation Issues October 2007 Edition of Investor Newsletter Highlighting the Close of the Acquisition of Aero Exhaust, Inc.
Monday October 8, 1:04 pm ET
Aero CEO Addresses Potential for Roll-Up Strategy in Newsletter Greeting
MURRIETA, CA--(MARKET WIRE)--Oct 8, 2007 -- Franchise Capital Corporation (Other OTC:FCCN.PK - News) today announced the release of its October 2007 investor newsletter, which reviews the recent close of the company's acquisition of Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and NASCAR Performance Partner.
The acquisition of Aero Exhaust by Franchise Capital was completed on October 4, 2007 with a share exchange between the two companies.
A PDF version of the newsletter is posted in the media archive of the company's website, http://www.franchisecapitalcorp.net, under the "Newsletters" tab, and a notice has been distributed through Franchise Capital's website-based mailing list.
ADVERTISEMENT
The October 2007 newsletter includes details of the recent close of the acquisition of Aero, including changes to the management both prior to and after the share exchange was completed. The chief executive officer and Board of Directors of Franchise Capital have resigned to make way for the management team from Aero, led by Bryan Hunsaker, who has been appointed to the position of CEO of the public company. Steven R. Peacock, who served as Franchise Capital chief executive officer through the clean-up process and preparations for the acquisition, also provides a short greeting in the newsletter.
Also in the newsletter is an article reviewing the recent filing of the company's annual report for the 2007 fiscal year and another that discusses the next anticipated steps for the transition of the public company to a focus on Aero Exhaust and the automotive supply industry.
In addressing the company's shareholders in the newsletter, Mr. Hunsaker stated, "The core focus of the Aero Exhaust management team is to deliver long-term value for shareholders through the growth of Aero Exhaust and to steadily increase that value through continued growth its operations.
"Included in this strategy is the potential to execute a roll-up of additional synergistic operations in the automotive supply and performance products market segments. The details of this strategy are expected to be articulated in the very near future, and we hope that all of our stockholders, both those who came from the public company and those who were formerly stockholders in the private company, will be pleased with the direction that we plan to take the company. We believe that acquisition opportunities that are now being presented to us have the potential to dramatically increase the long-term potential of the public company. Being a public company provides Aero the vehicle to execute on this strategy."
The details of Franchise Capital's acquisition of Aero Exhaust will be included in an upcoming Current Report on Form 8-K filed with the Securities and Exchange Commission. The Form 8-K is expected to be filed by October 11, 2007.
To sign up to receive information by email directly from Franchise Capital Corporation, including notices when the company issues future investor newsletters, please visit http://www.franchisecapitalcorp.net.
About Aero Exhaust:
Aero Exhaust is a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Its product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate website, www.aeroexhaust.com.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K/A for fiscal year 2006 filed with the Securities and Exchange Commission.
Great news for FCCN.I will sell some shares tomorrow if it reaches the proper pps.My next move will be to by SWVC immediately there after, before there 8k is released.Looking for at least a 300% gain on FCCN tomorrow, if not I will hold for there 8K on the 11th.Enjoy!
RBR2 Thanks for the tip, I know SWVC is expecting a HUGE 8k any day now..Good luck.
"Great call of SFTW!Ill have to take your advice in the future". Thanks, I was fortunate enough to have come across it at its extremely low price. If you can get in @ .025 or under, consider it a STEAL !!
BTW, I haven't sold a single share and have no plans to at these levels. May God bless you and all your stocks.
SWVC, possible 8k tomorrow and no later than friday IMHO, nice eod run.
Great call of SFTW!Ill have to take your advice in the future..Hope you pulled some profits.:)
Now is the time to buy FCCN and SWVC..Get in before the tops blows off of these 2.
SFTW up 25% today! The Michael Anthony shell I mentioned the other day... the train is leaving the staion people!! Remember, the official O/S is only around 5M!
I'd recommend Reddog to be an asst. mod.
It's not my place to make the rules on YOUR board.
I suggest removing me as an assistant moderator.
Welcome aboard trinity1.
SWVC should have its 8k this week.If nothing by friday im selling half my position.(still way up over 400%)I think it has the potential to be a 10 bagger if the 8k is all its hyped up to be.FCCN has great potential.Im hanging a little longer then I would like to be here but im looking to make the first $1000.00+ here then move on.
good luck i have been holding it for like 7 months.. looking better today though
Trinityz1 please update the ibox with rules.I have put you as an assistant and hope you will help me run this board.I think this board has a lot of potetial.Thanks
Waiting on news on FCCN and SWVC, hope FCCN news hits first then I will buy SWVC for this experiment.Not to worry though my own finances hold lots of SWVC..
Hang in there trinity news is coming in a few days.
.0255? not so good, imo.
One more to add to your watch list is BHUB a real sleeping giant.
IFSL up a 100% today so far. Keep an eye open on this one IMHO
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