Ensurapet, Inc. (fka EPTI)

[stervc]

With EPTI Retiring $6 Million in debt…

This is huge as this is a strong sign that major people are involved that believes strongly in the EPTI business plan. Something was revealed as proof to them to confirm the new direction of EPTI. To have $6 million in debt retired is a huge subliminal hint that your supporters understand the fundamental principles that are required for a company and its stock to have the rubber meet the mat.

EPTI is definitely being set-up for instant profitability. This is a huge plus especially since they are already on the OTCBB. This means that EPTI will continue to be transparent for major investors once they reveal more of their business objectives. This leads me to think that something huge has been closed as a deal from behind the scenes. Only a guess, but you just don’t have your Debtor agree to eliminate/retire $6 million in debt from your financials unless you are planning on being very profitable in my opinion.

Let’s analyze this a bit further to discuss why this is so huge. EPTI and Samir Financial, LLC agreed to retire the EPTI note payable due owing to Samir in the amount of $6,000,000.

Samir agrees to the relief of this $6 million in debt for 3 million restricted common shares, a $1 million payment, and a new conventional 0% interest, $1 million, fifteen month, promissory note.

The 3 million restricted shares of common stock will be subjected to SEC Rule 144 restrictions as well as an executed 12 month lock up agreement. The shares shall be in restricted certificate form during the entire twelve-month period and will result in no dilution to shareholders.

This is a huge show of confidence that Samir is showing in the new EPTI that didn’t previously exist. This means that something of a huge magnitude was revealed to them for them to agree to these outstanding terms. This means that from the above agreement, Samir is very confident that after a 12 month period, their 3 million shares will be worth more than the difference of the $1 million cash and $1 million promissory note from the total $6 million debt retirement agreed to which equates to $4 million.

In short, something was revealed to Samir that gave them extreme confidence that after a 12 month period, their 3 million shares will be worth a minimum of $4 million. To determine a ”minimum EPTI per share value” that Samir has given, see below:

$4,000,000 ÷ 3,000,000 Shares = $1.33 per share

This means that Samir is very confident that after 12 months, their 3 million shares will be worth far more than $1.33 per share. I say “far more” for two reasons: First, because when these deals are made, the company receiving the deal accepts such a deal because they believe that such deal is done as a discount from the “actual” valuation and not at a premium. Second, I also say that this is at a discount because of the ”potential” valuation I derived in which I will post sometime later which will reflect a higher valuation than $1.33 per share.

If I had to guess and I say only guess… I think something huge is going on behind the scenes with EPTI and I would have to guess that Samir is fully aware of what that huge something is.

The above are only my thoughts as to how I see things. Below is the PR confirming the agreement I mentioned above:
http://biz.yahoo.com/bw/080411/20080411005089.html?.v=1
EnsurApet Retires $6,000,000 of Debt
Friday April 11, 9:15 am ET

This action is large enough to where I might not know where all EPTI have been, but I am definitely willing to take my chances on where EPTI appears to be going. I like the new odds here with EPTI.

v/r
Sterling