EFGO.PK Reverse Merger with Hebei Haorizi Company
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ESPIRIT FINANCIAL GROUP
Esprit Financial Group Inc. (Esprit) 11/28/2007
(EFGO.PK) Announces Reverse Merger with Hebei Haorizi Company Ltd, a China based Company
BEIJING, Nov 28, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
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.
SOURCE Esprit Financial Group
Copyright (C) 2007 PR Newswire. All rights reserved
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Nov 28, 2007
Pink Sheets News Service
Beijing China— Beijing China, November 28, 2007 - 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 sight 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. Esprits 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 years 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 Esprits sub prime back office utilities such as the Trust vault and the E5 system. With Good Lifes 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 Lifes 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 Esprits 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 drivers 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. believe 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 xobjective 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 add; "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 xobjectives or goals or the Companys 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 Groups products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Groups periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group Inc.
espritfinancialgroup@gmail.com
www.espritfinancialgroup.com
Investor Relations: 1-416-619-0397
The above news release has been provided by the above company via Pink Sheets News Service. Issuers of news releases and not Pink Sheets are solely responsible for the accuracy of the such news releases.
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EFGO and NSS
EFGO and GVHL
Minaco ist based London
Company Links:
http://www.espritfinancialgroup.com
http://www.cashnow.com
http://www.cashnow.com/floridaoffice
http://www.espritfinancialgroup.com/EM2.html
http://www.atmbusiness.com
http://www.trustvault.com
http://www.cashnext.com
http://www.ifgx.com
Europeans - Check this out - Info on the Euro FX
BEIJING, Nov 28, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
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.
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12.06.07
Sehr erfreut über die Fusion
Erstellt in Uncategorized um 8:01 Uhr von Bigdogs
FRAGE:
Wird Goodlife kaufen Aktien zurück zeigt es das Vertrauen in die neue Fusion?
Auch, wie lange wird die Aktien für Goodlife beschränkt werden?
Gibt es Pläne für alle Goodlife Mitarbeiter zur Teilnahme an den Kauf der Neuen Aktien, sobald es handelbar wird?
Was haben beide Unternehmen zusammen als einer der Meinung, dass die Aktie noch wert?
ANTWORT:
Die Absicht ist zum Verkauf der Vermögenswerte der EFGO auf den voll Berichterstattung Pink Sheet Company. Wenn alle die Pläne wie erwartet, Good Life wird eine deutliche und andere Wesen aus EFGO. Esprit Aktionäre erhalten Aktien aus den neuen Good Life, zusätzlich zu ihrer derzeitigen Beteiligungen an EFGO.
Post - Erwerb, EFGO Pläne zum Verkauf von übrigen nicht zum Kerngeschäft gehörenden Vermögenswerten. Pläne Ausschreibung für die Erlöse in diesen nachfolgenden Transaktionen durch EFGO werden genutzt zum Erwerb eigener Aktien.
Ein Mitarbeiter Aktienoptionsplan wird eine Entscheidung des Management für Good Life. An diesem Punkt in der Zeit, wir sind weiß, gibt es keine Pläne. Der Fokus wurde auf den Abschluss der Formalitäten so schnell wie möglich. Interesse von chinesischen Investoren in der Regel werden könnte bedeutsam, angesichts der hohen Natur der Gesellschaft in das operative Gebiete, und setzte rasche Expansion. Da für die Bewertung der Gesellschaft als kombinierte Einheit, würden wir brauchen eine Bewertung Analyse von Außen Rechnungslegung Form Ist spezialisiert auf diesem Gebiet der Rechnungslegung. Denken Sie daran, dass es in der Regel einen Unterschied zwischen dem, was ein Unternehmen wert ist auf dem Papier, und es ist Börsenwert auf Aktienkurse. Investoren wird sich mit einer Reihe von Faktoren ab, zum Beispiel Wachstum, Marktstellung, der Industrie Indikatoren usw. Es ist daher unangebracht, spekulieren, in dieser Zeit.
Alle ausgegebenen Aktien beschränkt werden vorbehaltlich der normalen Grenzen und Kontrollen, die von der SEC, die, wie wir sie verstehen, wurde verkürzt auf sechs Monate ab 1 Jahr, vorbehaltlich einiger Einschränkungen. Diese Änderungen kommen unter Artikel 144 in der geänderten Fassung 14. November dieses Jahres.
Permalink Kommentare
Wie funktioniert das
Erstellt in Uncategorized um 7:35 Uhr von jsmith258
FRAGE:
Ich habe über 500000 Aktien - wie funktioniert das?
Bekomme ich eine 1 zu 1 tauschen, wenn alle Papiere sind unterzeichnet?
Vielen Dank
ANTWORT:
Es wird keine Aktien Börsen. Sie werden weiterhin zu halten Sie Ihre Aktien im EFGO ohne jegliche Änderungen, die aus dem Erwerb von Esprit Vermögenswerte vollständig durch die Berichterstattung Pink Sheet Unternehmen. Darüber hinaus wird es zu einer Aufteilung der Aktien in den neuen voll Berichterstattung Pink Sheet Unternehmen im Verhältnis zu Ihre aktuelle Holdings. Da der Anteil Struktur der neuen Gesellschaft wird anders als Esprit, diese Aktien ausgestellt wird als Prozentsatz des aktuellen Beteiligungen an Esprit.
Permalink Kommentare
Grund ist die derzeitige Rathaus nicht Schritt halten mit Stellen?
Erstellt in Uncategorized um 7:29 Uhr von PnyPlayr
FRAGE:
Ich schrieb ein Post über vor einer Woche, und bis heute ist es nicht in die Rathaus Q & A Board. Wenn es war EFGO q & ein's wurden aktualisiert fast täglich. Ich denke, das ist ein wichtiges Bindeglied zwischen den Unternehmen und die Investoren, und sollte es auch bleiben offen, und funktionsfähig ist, zu allen Zeiten zu halten, dass entscheidend aktualisierten Informationen fließen zwischen den beiden. Wenn Sie nicht glauben, das ist wichtig, dann ist es bereits reizend und zwischen den Unternehmen und den Aktionären, und nur Kosten für die Unternehmen Glaubwürdigkeit mit uns in Verbindung. Ich weiß, dass die Firma wird durch eine Menge von Änderungen und laufen in einigen obsticles als die Fusion bewegt sich nach vorne. Es ist imparative, dass Sie uns beraten, damit wir wissen, auf allen Zeiten, in denen wir stehen teilweise als Eigentümer in den alten und neuen Unternehmen. Sie dürfen nicht vergessen, dass, wenn es sich nicht für uns, die Investoren, die Unternehmen könnten nicht überleben, in der Public Market. Mit diesem im Verstand, wir verdienen zu wissen, welche Veränderungen stattfinden, und haben unsere Fragen und Anfragen an das Unternehmen so bald wie möglich.
Ich finde auch dieses neue Format schwer zu Manöver, und glaube, es sollte so vereinfacht wie es sein kann, Hilfe, wie wir uns bewegen, in ihrem Umfeld.
Ich bin auch Happy, und beeindruckt mit diesem Reverse Merger Good Life in China, und um eine für beide Seiten von Vorteil nutzen.
ANTWORT:
Wir sind aufholen dem Rathaus. Allerdings bewegen uns, wir werden nicht in der Lage zu reagieren zu den einzelnen E-Mails, wie wir sie in der Vergangenheit.
Wir beabsichtigen, zu aktualisieren Rathaus wöchentlich als wir den Weg nach vorne. Wir werden nicht in der Lage, alle Fragen beantworten, die generiert werden im Verhältnis zu der Rückseite Fusion. Es gibt einige vertrauliche Informationen, die nicht freigegeben werden, und unsere rechtlichen Team hat uns nicht zur Offenlegung von Informationen vorzeitig. Die Fähigkeit, Fragen sollten identisch mit Esprit Rathaus. Wenn Sie immer noch Schwierigkeiten haben, wenden Sie sich bitte nach der spezifischen Probleme, und wir bekommen unseren Webmaster arbeiten an der Lösung aller Fragen.
Permalink Kommentare
IFGX Shells Vs. Reverse Merger mit Esprit
Erstellt in Uncategorized um 7:12 Uhr von Mel
FRAGE:
Warum nicht ein Esprit Nutzung der bestehenden Shells in der IFGX Division, um die Fusion mit umgekehrter Good Life?
ANTWORT:
Dies ist eine ausgezeichnete Frage. Management der Auffassung, dass dieser Option auf Länge, ist jedoch der Auffassung, dass die Strukturierung der sich in dieser Art und Weise, die viel größeren Wert für die Aktionäre Esprit. Esprit Aktionäre wird direkt an das Wachstum von Good Life, und ihre bestehenden Anteil der EFGO wird sich nicht ändern. Mit anderen Worten, zusätzlich zu Ihren aktuellen Aktienkurs Betriebe, erhalten Sie weitere Lager in der neuen Good Life voll Berichterstattung Pink Sheet Company.
Permalink Kommentare
$ 5 Millionen Investition
Erstellt in Uncategorized um 7:11 Uhr von Trepid
FRAGE:
Wo sind die 5 Millionen Dollar, die an Good Life aus? Aus, wenn Sie planen, um die zusätzliche $ 35 Millionen für Investitionen in die Zukunft im Good Life?
Vielen Dank.
ANTWORT:
Esprit ausgehandelt hat ein Engagement für ein $ 5 Mio. USD Investitionen (abzüglich Gebühren) zur Unterstützung der Expansion Pläne für die gute Leben in China. Es handelt sich um neue Mittel, die für die durch Dritte, nachdem die Firma beginnt den Handel unter einem neuen Tickersymbol. Als solche, Good Life erhalten, wenn die Finanzierung Schreibarbeit ist auf Wirkung den Namen ändern und ein neues Tickersymbol.
Als Good Life weiter zu wachsen, ist zu erwarten, dass zusätzliche Runden der Finanzierung wird in Einklang mit den unternehmerischen Leistungen und Kapital fundung Anforderungen.
Permalink Kommentare
Reverse Merger oder 10% Kaufen?
Erstellt in Uncategorized um 7:03 Uhr von Trepid
FRAGE:
Die Pressemitteilungen aus China deuten darauf hin, dass Esprit ist nur ein Interesse am Erwerb von Good Life. Dies klingt nicht lke eine umgekehrte Fusion an. Warum ist es so discrepency?
ANTWORT:
Der Deal mit Good Life (Haorizi) ist in der Tat ein umgekehrter Fusion. Gutes Leben ausgeschrieben hat alle ihre Anteile an ihren privaten Unternehmen sein, um diese behandeln. Sie erhalten öffentlich gehandelt werden, sondern beschränkte Aktien im Austausch für diese Aktien. Die Pressemitteilungen in China wurden schlecht übersetzt, und in Verbindung mit ihrer Unerfahrenheit in der Öffentlichkeit, es kam zurück.
In esssence, 100% der Good Life China Aktien gehandelt werden unter dem neuen Tickersymbol (sobald es erhältlich) auf den Pink Sheets, und Good Life ist nicht mehr privat geführten Unternehmens.
Permalink Kommentare
12.03.07
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Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division
Friday December 7, 2:30 pm ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com announced that it will be launching a new brand within its PayDay Loan Division; www.MoneyLendingbusiness.com.
ADVERTISEMENT
The PayDay Loan industry is undergoing major changes in line with a changing regulatory environment at the State level. MoneyLendingBusiness.com creates a new brand identity to underline that Esprit Financial Group is offering the most up to date licensed software to conduct business in this changing environment.
Esprit CEO Garr Winters noted, "There continues to be very strong demand for 'micro' sized loans at the consumer level. The number of U.S. citizens who are unbanked (do not have a bank account) continues to grow. There is strong need for this type of service, and we intend to continue to participate actively in this market".
Esprit will continue to concentrate on licensing its software, rather than operating on a franchise system approach. Licensees will be able to offer this micro-loan capability as a stand-alone service or as an addition to a pre-existing portfolio of financial services.
Both the Cash Now and MoneyLendingBusiness.com brands will be offered in the market place. Efficiencies generated from utilizing the same back-office software and operational systems means that the new brand has a low break-even point to reach before beginning contributing to the bottom line.
In other Company news, Esprit will be providing updates on the completion of the paper work associated with the reverse merger with Good Life China next week.
Mr. Winters noted, "We are making excellent progress towards having all of the paperwork, as well as the uplisting to a fully trading Pink Sheet Company, completed before the end of the year".
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.
--------------------------------------------------
Source: Esprit Financial Group
Press Release Source: Esprit Financial Group
----------------------------------------------
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Plans for Forex Division
Friday December 7, 11:46 am ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com provided guidance today on future plans for its Forex division.
ADVERTISEMENT
Peter Presland, who heads the division, has been working to develop a comprehensive strategy moving forward. Mr. Presland notes; "We had been disappointed with the service levels provided by our current service provider. We have spent the last few months evaluating alternative service providers, as well as a variety of related added value programs and services.
We are now in the final processes of setting up an Introductory Broker relationship with a new service provider, and are beginning work on our new website to offer a seamless investor interface. We are also beginning to lock-in additional relationships to provide added value for traders using the trading platform. Some of these services will generate additional revenues via subscription fees, while we anticipate a couple that will be available at no additional charge to provide a differential competitive advantage versus other Forex Trading websites."
Esprit CEO Garr Winters added, "We haven't been able to give Peter the full support he needed, given the major commitment of management resources within China. Nonetheless, he has been working diligently to put together a first class Forex Trading capability. We plan to have everything in place by January, and get a full year of trading to contribute to the bottom line. There will be additional announcements forthcoming as we begin bringing specific services online."
The Forex division will continue to be held by Esprit Financial Group, and will not be transferred as part of the asset acquisition related to the Good Life China reverse merger when it uplists to a fully reporting Pink Sheet Company.
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.
--------------------------------------------------
Source: Esprit Financial Group
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Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division
Friday December 7, 2:30 pm ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com announced that it will be launching a new brand within its PayDay Loan Division; www.MoneyLendingbusiness.com.
ADVERTISEMENT
The PayDay Loan industry is undergoing major changes in line with a changing regulatory environment at the State level. MoneyLendingBusiness.com creates a new brand identity to underline that Esprit Financial Group is offering the most up to date licensed software to conduct business in this changing environment.
Esprit CEO Garr Winters noted, "There continues to be very strong demand for 'micro' sized loans at the consumer level. The number of U.S. citizens who are unbanked (do not have a bank account) continues to grow. There is strong need for this type of service, and we intend to continue to participate actively in this market".
Esprit will continue to concentrate on licensing its software, rather than operating on a franchise system approach. Licensees will be able to offer this micro-loan capability as a stand-alone service or as an addition to a pre-existing portfolio of financial services.
Both the Cash Now and MoneyLendingBusiness.com brands will be offered in the market place. Efficiencies generated from utilizing the same back-office software and operational systems means that the new brand has a low break-even point to reach before beginning contributing to the bottom line.
In other Company news, Esprit will be providing updates on the completion of the paper work associated with the reverse merger with Good Life China next week.
Mr. Winters noted, "We are making excellent progress towards having all of the paperwork, as well as the uplisting to a fully trading Pink Sheet Company, completed before the end of the year".
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.
--------------------------------------------------
Source: Esprit Financial Group
Press Release Source: Esprit Financial Group
----------------------------------------------
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Plans for Forex Division
Friday December 7, 11:46 am ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com provided guidance today on future plans for its Forex division.
ADVERTISEMENT
Peter Presland, who heads the division, has been working to develop a comprehensive strategy moving forward. Mr. Presland notes; "We had been disappointed with the service levels provided by our current service provider. We have spent the last few months evaluating alternative service providers, as well as a variety of related added value programs and services.
We are now in the final processes of setting up an Introductory Broker relationship with a new service provider, and are beginning work on our new website to offer a seamless investor interface. We are also beginning to lock-in additional relationships to provide added value for traders using the trading platform. Some of these services will generate additional revenues via subscription fees, while we anticipate a couple that will be available at no additional charge to provide a differential competitive advantage versus other Forex Trading websites."
Esprit CEO Garr Winters added, "We haven't been able to give Peter the full support he needed, given the major commitment of management resources within China. Nonetheless, he has been working diligently to put together a first class Forex Trading capability. We plan to have everything in place by January, and get a full year of trading to contribute to the bottom line. There will be additional announcements forthcoming as we begin bringing specific services online."
The Forex division will continue to be held by Esprit Financial Group, and will not be transferred as part of the asset acquisition related to the Good Life China reverse merger when it uplists to a fully reporting Pink Sheet Company.
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.
--------------------------------------------------
Source: Esprit Financial Group
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Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division
Friday December 7, 2:30 pm ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com announced that it will be launching a new brand within its PayDay Loan Division; www.MoneyLendingbusiness.com.
ADVERTISEMENT
The PayDay Loan industry is undergoing major changes in line with a changing regulatory environment at the State level. MoneyLendingBusiness.com creates a new brand identity to underline that Esprit Financial Group is offering the most up to date licensed software to conduct business in this changing environment.
Esprit CEO Garr Winters noted, "There continues to be very strong demand for 'micro' sized loans at the consumer level. The number of U.S. citizens who are unbanked (do not have a bank account) continues to grow. There is strong need for this type of service, and we intend to continue to participate actively in this market".
Esprit will continue to concentrate on licensing its software, rather than operating on a franchise system approach. Licensees will be able to offer this micro-loan capability as a stand-alone service or as an addition to a pre-existing portfolio of financial services.
Both the Cash Now and MoneyLendingBusiness.com brands will be offered in the market place. Efficiencies generated from utilizing the same back-office software and operational systems means that the new brand has a low break-even point to reach before beginning contributing to the bottom line.
In other Company news, Esprit will be providing updates on the completion of the paper work associated with the reverse merger with Good Life China next week.
Mr. Winters noted, "We are making excellent progress towards having all of the paperwork, as well as the uplisting to a fully trading Pink Sheet Company, completed before the end of the year".
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.
--------------------------------------------------
Source: Esprit Financial Group
Press Release Source: Esprit Financial Group
----------------------------------------------
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Plans for Forex Division
Friday December 7, 11:46 am ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com provided guidance today on future plans for its Forex division.
ADVERTISEMENT
Peter Presland, who heads the division, has been working to develop a comprehensive strategy moving forward. Mr. Presland notes; "We had been disappointed with the service levels provided by our current service provider. We have spent the last few months evaluating alternative service providers, as well as a variety of related added value programs and services.
We are now in the final processes of setting up an Introductory Broker relationship with a new service provider, and are beginning work on our new website to offer a seamless investor interface. We are also beginning to lock-in additional relationships to provide added value for traders using the trading platform. Some of these services will generate additional revenues via subscription fees, while we anticipate a couple that will be available at no additional charge to provide a differential competitive advantage versus other Forex Trading websites."
Esprit CEO Garr Winters added, "We haven't been able to give Peter the full support he needed, given the major commitment of management resources within China. Nonetheless, he has been working diligently to put together a first class Forex Trading capability. We plan to have everything in place by January, and get a full year of trading to contribute to the bottom line. There will be additional announcements forthcoming as we begin bringing specific services online."
The Forex division will continue to be held by Esprit Financial Group, and will not be transferred as part of the asset acquisition related to the Good Life China reverse merger when it uplists to a fully reporting Pink Sheet Company.
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.
--------------------------------------------------
Source: Esprit Financial Group
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0
Hey, auch, Du musst echt denken, dass das Niveau hier tief unter dem Teppich liegt .. oder ist dort etwa Deines beheimatet.
Du wurdest schon einmal .. äh, sorry, mehrfach, gesperrt ... also lass es!
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Na, Jung, fang erstmal langsam an!
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