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ask down to .35
2 minutes...
IF they still have the divy attached we should head over $1.
Will we break up or down???? Captain, we need you!
the ask is .02 the bid is .75 (quite a spread!!!)
Predictions on open??? Captain are you ready to load up?
I've got MONA fever!!!
02.15.08Annnual and Quarterly Reports Dec. 31, 2007Posted in Announcements at 9:42 pm by admin
The Company is pleased to announce that it has issued its financial reports for the three months and year-ended Dec. 31, 2007.The statements can be viewed at http://pinksheets.com/pink/quote/quote.jsp?symbol=mona
The latest quarter reflects an operating loss of $336,601. The Company’s burn rate accelerated in the last quarter due to the acquisition of Good Life China.
In the notes to the Financial Statements, investors can review how the Good Life acquisition and reverse merger into TLGP will affect the companies, and the related issuance of stock.
In essence, MonArc’s (EFGO) special stock dividend will distribute a total of 14,000 million shares of TLGP, which have been valued at $0.70 each. This represents a total of $9.8 million in stock distributed to EFGO investors of record on February 1st, 2008.
MonArc Corporation mission is to accurately understand and consistently deliver uncompromising Quality services to all that we serve and to ensure that this system is repeated with success by each of our subsidiaries and businesses so that we may achieve an acceptable and sustained level of continual improvement in the services we provide and maximize earnings for our share holders, while positively contributing to development of its employees and the community.
Steen Elgaard Philosophy is simple: 'Exceed the expectations of all our valued customers by analyzing and understanding their needs, implementing solutions, and providing Quality services at all times'.
Our Core Values include Quality, Integrity, Respect, Trust, Teamwork, and Profitability.
The MonArc Corporation stock is traded on the Pinksheets (MONA.PK). Through our three highly rated companies, managing general underwriters, third party distributors, and marketing affiliates, we write and manage financing and profitable solutions mainly in the hospitality industry, through multiple distribution channels. Our specialties include small business owners and individual consumer driven financing options, rental solutions, mergers & acquisitions, Manufacturing, distribution and sales of profit improvement and inventory control products.
MonArc Corporation was formed in 2007 and we have collected a group of senior executive members that each in their field and have achieved results that only the competition will admire. Most have joined more recently, with many bringing 20 or more years experience as successful leaders and entrepreneurs in their field. We believe that we have assembled some of the best talent in the financing and hospitality industry.
What This Means To You
If you are a dealer or distributor, it means we care about you, listen to you, and embrace you as a full partner.
If you are a client, it means we strive to give you a positive experience with assistance and support that exceeds expectations.
If you are an investor, we pledge to do our best to continue our history of maximizing shareholder value and delivering the type of returns on your investment to which you have become accustomed.
New marketmakers for MONA need shares, I predict a pretty good ride here --- don't sell too soon my friends....
Scottrade should be ready to rock tomorrow.
PM
Scottrade has MONA bid $0.10 ask $0.20 no volume
My old EFGO shares are sitting in my positions, pre-RS, with a symbol EFGO#.
PM
Here ya go: Typing in MONA in EDGAR
Quick search by: Ticker Company
Records 1 - 1 of 1. Sort by clicking on the column headings.
Company Name Form Received Period Views More Info
MONARC CORPORATION Filed As : CASH NOW CORP
Filer : KRIFCHER RONALD NATHAN
SC 13D 10/31/2007 People
[1]
EDGAR database of SEC filings now accepts MONA and EFGO, pulls up the same 13D filing for Cashnow.
Happy Chinese New Year!!!
The League Publishing, Inc. (TLGP - Pending new symbol change) is pleased to announce the appointment of the following officers and members of the Board of Directors:
CEO and President: Dongmei Jia
Treasurer: Jinming Wang
Secretary: Garr Winters
Dongmei Jia is the founder and Chief Executive Officer of Hebei Haorizi Company Ltd. (Haorizi), while Jinming Wang is a key executive with the Company. Haorizi is a chain of convenience stores operating primarily in Hebei Province, China. Founded in 1998, the Company has grown with increasing momentum and success, with an emphasis on serving rural areas of China. This initiative is supported by a major commitment by the Chinese Ministry of Commerce to bring modern retailing to rural areas across China.
Today there are 1,600 franchise stores under the Haorizi banner - which translates to 'Good Life' in English. Current business plans call for the Company to expand to 4,000 stores by the end of 2008, with continued accelerated growth in the coming years.
Mr. Garr Winters has been selected as the new secretary of TLGP. Mr. Winters has recently stepped down at the end of his 12 month contract as CEO at MonArc Corporation (previously Esprit Financial Group), where he remains an officer of the Company as corporate Secretary. Mr. Winters is a semi-retired executive who is an officer or director to many other micro-cap companies. Mr. Winters played a pivotal role in bringing Good Life to the OTC market in the U.S. He has also been instrumental in orchestrating a special dividend in TLGP stock to MonArc shareholders as part of the sale of MonArc assets to TLGP.
Hans Jonas Pettersson, outgoing officer and director of the The League, has resigned effective January 27th, 2008.
In related news, the Company has previously elected a new transfer agent, Heritage Trust Company of Toronto, Canada, as of December 17th, 2007. The Company is pleased to announce that the corporate files are in the process of being transferred in accordance with this decision. This move will facilitate the coordination of the special stock dividend to EFGO shareholders.
Incoming CEO, Dongmei Jia, noted, "We are pleased to clear one of the last hurdles which had been slowing down our short-term progress in effecting this final transaction. I know that Mr. Winters has been working extremely hard on our behalf to execute such a complex series of mergers and acquisitions. It is fitting that we are celebrating our Chinese New Year this month, coinciding with Good Life now being well-positioned for growth on the Pink Sheets, PLC."
That's the spirit!!!! I grant you that we are long overdue an update on Townhall.
As previously noted on the Town Hall site, the Company expects to receive its new ticker symbol on February 8th, and should start to be quoted under the new symbol on the week of Monday, February 11th.
With the Olympics this Summer, China stocks will be going nuts as Americans wake up to the modern China economy.
Good Life could be the stock of the year!!!!
$$$$$$EFGO$$$$$
Longs will be rewarded, hang in there.
PM
We've got 2 companies, 2 management teams --- both looking to create some value for us beaten down EFGO shareholders.
Let the moon travel begin!
PM
Not at all rolltide --- u should be buying, we are all going to have quote a return here!
Post Unavailable
Additional Information
Friday target --- Minimum .0007, hoping for .0012
If we really get the mo-mo going I can't rule out .0025
Buy Buy Buy
I think everybody thought the same thing at .0001 today:
So if you spend $5,000 today you get 50 million shares.
50 million shares will become:
50,000 shares of Monarch
50,000 shares of TLGP
Mgt (and the market) currently values TLGP at 70 cents.
50,000 times 70 cents = $35,000
So, $5,000 becomes $35,000 and you still own 50,000 shares of Monarch.
Such a deal!!!
So if you spend $5,000 today you get 50 million shares.
50 million shares will become:
50,000 shares of Monarch
50,000 shares of TLGP
Mgt (and the market) currently values TLGP at 70 cents.
50,000 times 70 cents = $35,000
So, $5,000 becomes $35,000 and you still own 50,000 shares of Monarch.
Such a deal!!!
Today is the last day to buy to get the dividend!
Lot of babbling about the Good Life deal --- uh, guys that deal has already been completed.
Can I really get 50 million shares for $5,000 today?
Monarc has lined up their new symbol --- Feb 8, with official trading starting Monday Feb 11.
See Town Hall.
Way to go guys!
Listen to me "DIVVY WILL NOT BE RESTRICTED"!!!!! (imo)
You got it --- that's why we're buying with both hands at .0001!!!!
7X return plus the growth of Good Life and the value of Monarch.
Don't let the detractors talk you out of it --- they have no money.
Buying with both hands here and lovin it!!!
Complain all you want (this message board is not as productive as it once was), but I'm a buyer at this price -- risk/reward is a no-brainer in my opinion.
Bid .0001/Ask .0001 --- anyone have a 5th decimal place to get a sense where this thing is?
Somthing rotten in Monarch? I mean Denmark?
Nice paint at the close...lol
So EFGO should be trading for at least TLGP price divided by 1,000 right?
Seems to me we should be trading somewhere between .0007 and .0012.
Follow my logic.
Today we are at .0002.
After the cusip and 1 for a thousand change, .0002 becomes $.20
We are then going to get one share of TLGP which is currently bid/ask at $.70 and $1.20!!!!! That's a pretty good return on a $.20 cent investment!!!!!
Conclusion: At minimum we should be trading at the price of TLGP divided by 1,000.
Beyond this what will the growth in TLGP be? and what is the value of Monarc? The answers only add to the compelling case for EFGO at today's price.
Outgoing Esprit CEO Garr Winters advised....
I assume everyone got the "Outgoing" part.
A theory --- Cancellation process is underway/ one of our "marketmakers" had some shares left over (300 million) so he dumped them yesterday at the close. If he called them I would have taken them off his hands more elegantly.
7.5 million buy --- deserves a ka-ching!
oh brother... best post of the day!!!!