Great Tang Bid Technology Inc (GTBT)

[Sho-Nuff]

ESPI continues to grow revenues while expanding their business on a global level. They are continually backing up there PRs of future events with action on those events!! Just look at some of the highlights of the last few PRs:

http://www.otcmarkets.com/stock/ESPI/news

May 16, 2012 PR

ESP Resources, Inc. Reports First Quarter 2012 Results; Revenue Increases 136%

... we saw exceptional growth in the first quarter of the year, up 136% as compared to the previous year ago quarter. ...
...our team is focused on expansion, which will be seen in our revenue stream, domestic and international customer base, geographic location and our portfolio of services offered. We will be announcing new agreements in the international arena demonstrating our abilities in expanding our capabilities and services available to our current and future customers. We fully intend to pursue these opportunities and other lucrative revenue opportunities made available to us now and in the future."

May 17, 2012 PR

ESP Resources' Subsidiary Enters Into Shareholder Agreement to Form Joint Venture With Papua New Guineas' Komo Umbrella Joint Venture Limited

Joint Venture to Pursue Project Work Related to the Development of the Komo International Airfield in Papua New Guinea

...Owned 30% by KUJV and 70% by ESP, respectively, ESP KUJV Limited was formed to pursue, undertake and realize business opportunities within the Komo project area in PNG. Through the terms of the joint venture, ESP KUJV Limited has the opportunity to be engaged by the world's largest international and publicly traded oil and gas company to carry out specific project work related to the development of the Komo international airfield. The Komo airfield is being developed to support the $15.7 billion PNG liquid natural gas project ("PNG LNG") currently under construction.

...includes gas production and processing facilities in the Southern Highlands and Western Provinces of PNG, as well as liquefaction and storage facilities with capacity of 6.6 million tons annually.

June 26, 2012 PR

Prime Equity Research, LLC Initiates Research Coverage on ESP Resources, Inc.
http://ih.advfn.com/p.php?pid=nmona&article=52893683

...The 18 page report details information on the Company's business, opportunities and potential.
For free access to the report and information on Prime Equity Research, LLC, please visit their website at www.primeequityresearch.com.
...

From the equity report

New Deals for Future Sales Momentum
http://primeequityresearch.com/wp-content/uploads/Prime_Equity_Report_ESPI_Initiation_June25_20121.pdf

ESP also has contracts with GBD Limited and RRI Rhein Ruhr International to facilitate all services needed in Papua New Guinea for ExxonMobil. The relatively new international growth strategy for ESP is expected to show more traction as the Company recruits and trains distributors that serve other foreign markets. Further, ESP is working on a join-venture relationship with Alsuwaiket (16th largest company in Saudi Arabia), Equity Initiation Report Refer to Disclosure & Disclaimer at the end of the report 8 through another subsidiary, ESP Marketing Group, LLC, which will open two blending facilities in Saudi Arabia to service Saudi Aramco. To date, the Company opened an office and established ESP Marketing Group in Dubai, United Arab Emirates...

...One of the most misunderstood attributes of ESP is that, since the Company works with some of the world’s biggest oil majors, the Company can geographically expand these relationships. While it is impressive that the Company has accomplished triple digit
growth with a North American focus, the less visible efforts over the past few quarters has been ESP spending a large chunk of change on inking and negotiating future contracts overseas. Hence, ESP has been foregoing potential profits due to the costs and expenses of future international deals that can literally deliver huge windfalls of revenue down the road...

July 18, 2012 PR

ESP Resources Launches Facility & Pipeline Services Division; Business Already Seeing Considerable Growth
http://ih.advfn.com/p.php?pid=nmona&article=53506397

...Since inception, ESP FPS's revenues have already exceeded $500,000 in the second quarter, and the Company estimates revenues to exceed $1,500,000 by the end of 2012 with projects that are already underway.

ESP FPS is currently expanding services to the Eagle Ford and Bakken Shale plays. Internationally, long-term projects are being assessed in West Africa and the Middle East.

...our team at ESP has set its sights on building a comprehensive portfolio of oil and gas company-related services, broadening our domestic and international markets served, and growing and diversifying our revenue streams. ...

July 25, 2012 PR

ESP Resources Updates Revenue Outlook for Second Quarter 2012
http://ih.advfn.com/p.php?pid=nmona&article=53588624

Sales Expected in the Range of $5.5 Million to $5.7 Million, an Increase of Between 140% and 148% Year-Over-Year

..."With the second quarter behind us and seeing sustained growth in the current quarter, we are continuing on with our rapid rate of expansion and are highly confident in our outlook for the remainder of 2012," stated David Dugas, the Company's President and Chief Executive Officer. "This will be another record year for the company as we realize marked sales growth in our existing petrochemical business as well as the contributions of our newly formed business divisions."

August 2, 2012 PR

ESP Resources, Inc. Issues Letter to Shareholders
http://ih.advfn.com/p.php?pid=nmona&article=53689952

Company Provides Recap of Recent Growth and Discusses Future Expansion Plans

...
...we also are seeing improved margins as costs continue to be cut. With our second quarter just being completed and our third quarter in full swing, we expect such growth to continue as we prepare to strategically expand our portfolio of services to a larger geographic customer base. Our growth is being augmented by the continued rapid expansion of our fracking chemical division, which was started just over a year ago in March of 2011. Since that time, we have seen that division grow to over 50% of our sales per month, given the dramatic impact that new technologies are bringing to the oil and gas shale plays in the United States. Furthermore, our growth is now being positively impacted by our newest division, ESP Facility & Pipeline Services, which was started just this year.

...the first half of 2012 was marked by the substantial growth of our business. Building on the sales momentum of 2011 and plans for expansion in 2012, we expect that even greater growth will occur this year for our business and our shareholders. We are working towards bringing on more established, well known global customers and, with domestic sales growing strong, we have shifted our focus this year to further expanding our international presence and strategically adding to our portfolio of oil and gas services.

...the opportunity to work with the largest oil and gas company in the world puts ESP Resources at a distinct advantage to other players in the market. We have significant revenue growth drivers at our fingertips. It is our intention to capitalize on our current position and further expand our oil and gas services portfolio to include other infrastructure-related work such as engineering and consulting...

...we are convinced that our sales and our customer base, both domestically and internationally, will continue to grow. We look forward to broadening our portfolio of services offered and increasing our value and satisfaction among current and new customers....

August 7, 2012 PR

ESP Resources' Subsidiary Completes Filing for Certification in Papua New Guinea
http://ih.advfn.com/p.php?pid=nmona&article=53742499

Certification as Foreign Enterprise Under Papua New Guinea's Investment Promotion Act Enables Company to Accept Contracts Under ESP KUJV Limited

SCOTT, LA, Aug 07, 2012 (MARKETWIRE via COMTEX) -- ESP Resources, Inc. (OTCBB: ESPI) (the "Company" or "ESP Resources"), an oil and gas services company, today announced that through its wholly-owned subsidiary in Panama, ESP Corporation, S.A. ("ESP"), it has completed the necessary document filings under Papua New Guinea's Investment Promotion Act to certify ESP KUJV Limited, ESP's joint venture with Komo Umbrella Joint Venture Limited, to accept contracts and to carry out specific project work related to the development of the Komo international airfield.
Under the terms of the joint venture and with a completed certification, ESP KUJV Limited can begin accepting work contracts from the world's largest international and publicly-traded oil and gas company for development of the Komo international airfield. The Komo international airfield is being developed to support the $15.7 billion PNG liquid natural gas project currently under construction.

Through ESP KUJV Limited, the Company expects to receive initial contracts related to the Komo airfield development project within the next 60 days which it believes will deliver significant revenue growth. The Company expects multiple contracts before the end of 2012 and into 2013.

"We are pleased to have completed filing for certification in Papa New Guinea and, through ESP KUJV Limited, now be able to accept and fulfill these lucrative contracts. As announced in my statement to shareholders last week, adding infrastructure-related operational and managerial services to our already competitive repertoire of petrochemical and analytical services and factoring in the opportunity to work with the largest oil and gas company in the world puts ESP Resources at a distinct advantage to other players in the market. We are extremely excited about the potential of these contracts. With the addition of them to our existing revenue stream, we estimate that we are on the brink of a significant breakthrough in growth," stated David Dugas, President & CEO.

ESPI is significantly growing and continually moving in a direction that is bringing value to the company and eventually to its shareholders!!

JMO,
Sho-Nuff