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Re: None

Wednesday, 05/13/2009 3:36:10 PM

Wednesday, May 13, 2009 3:36:10 PM

Post# of 95
Item 1.03 Bankruptcy or Receivership.

As previously disclosed, on Form 8-K filed on January 30, 2009 by Espre Solutions, Inc. (the “Debtor”) filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division (the “Court”), in the proceeding titled In re: Espre Solutions, Inc., Case # 09-30572-HDH-11.

On April 30, 2009, the Court at the Debtor’s Confirmation Hearing approved the Second Amended Plan of Reorganization (“Plan”). This Plan becomes final on May 12, 2009 and sets forth the way the Debtor’s bankruptcy estate will be resolved.

The Debtor will file Form 15 on Plan Closing Date, projected to be May 13, 2009, to terminate registration with the Securities and Exchange Commission.

On the Plan Closing Date, all existing shares of Common Stock will be canceled and new shares will be issued to the winning bidder.


Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

On May 12, 2009, the board of directors of Espre Solutions, Inc. (the “Company”) accepted the resignation of BG Moore as Chief Financial Officer and Treasurer.



http://www.sec.gov/Archives/edgar/data/1304588/000114036109012042/form8k.htm

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