That is another area of concern. Garr gave up his common shares and I cannot verify any other insiders owning any. There have been rummors of ownership but nothing on record that I can find. Maybe someone can prove there is major insider ownership? This would be reassuring.

Sounds good, I too certainly hope it works out well in the long run. All we can do now is wait and see how well Esprit will take care of its shareholders. I have my concerns but their true colors will be apparent soon enough. GLTUA.

How can you even know if 1 for 1000 is a good distribution? What will the share structure be for the new Good Life stock? There is simply not enough information available at this time even know what the new shares will be worth. Will each one be worth a dollar or a dime or what? So by saying 1/1000 is a better distribution than you were hoping for, what are the new shares worth in your opinion and what do you base this on?

I admire you man! I wish I hadn't jumped in with both feet so early! At this point, I either have to take my chances or just take the loss. I guess I'm just going to take my chances. Heck, it's only money. Some lessons are more expensive than others.

Hey, that's around the time you opened a line of communication with the company! Are things really that bad?

Oh hi algol! Small world! Yeah, this stock like the other looked very promising after doing much DD. I do know one thing, I will be much more cynical from now on when/if I ever consider investing in another Pink Sheet stock! I have only invested in a few but am finding that even after much research even the most promising looking ones turn out to be scams. Once we're hooked then all we can do is hope for the best after that. Best of luck to all of us!

Hey, at least we have message boards to commiserate with each other about our losses ;)

Hey there hardtimes! I recognized your sig from the EFGO board. I too have a stake in AAPU. We sure know how to pick 'em don't we LOL!

Whoa! Where did that rant come from!

I hope I don't get labeled a basher because I am not. I am just a long term shareholder who's patience is nearing the end. I think we could be on the cusp of something big and am waiting to see like everyone else. I hope it is not just another empty promise or some raw deal for the common shareholder.

Come on EFGO, please bring on the "shareholder value" that you keep promising. It is time. Thank you.

It still comes down to perceived value. The MM's will keep the stock right around this value to maximize trades between buyers and sellers. Of course they would prefer to keep it .0001 to .0002 where the spread is 100% and they make tons of money in the deal as compared to 10% spread if .001 to .0011.

I don't think volume is much of a factor. If the perceived value was .001, the price would still be that for the few or many trades that occur at that level. Of course, high volume usually coincides with increasing to a higher share price. But then again it is only because the price that it rises to is the new popular perceived value. Then the sellers come in and balance things out around this new price.

Come on EFGO, make deals on the up-and-up (no more empty promises) so we shareholders can perceive higher value. Until then, we will be very leary of investing at any higher level. Quit blaming other forces and take responsibility for your own actions!!! Thank you!

I agree with the perception aspect of market value. I once perceived EFGO (or CHNW at the time) to be worth .005 or so. My average cost is .0008 and it seemed like a real bargain. But after being here a while and experiencing EFGO's dilution of the stock's value while saying they weren't diluting because they were adding "shareholder value", I too believe the stock is currently only worth .0002 because I have yet to see any of this "value" develop into anything of real value. Until more information comes to light that increases the perceived value, then .0002 is all EFGO is worth if that.

I am still hopefully optimistic but getting to be a tad cynical as time goes on. I think my ego keeps me from admitting I may have made a big mistake. I guess time will tell won't it...

I imagine so but I am already loaded to the gills. I will take cheapies though if they come my way...who wouldn't ;)

My order for .0002 hasn't filled yet.

I'm okay with the Chinese 7-11. I originally invested in EFGO thinking I was getting into an up and coming company with big growth potential. Looks like I will get my wish afterall through Good Life!

Now I just hope the dividend stake we get of Good Life is a fair one...

I'm pretty sure a MM loaded up the 22MM. The buy came just 10 minutes after the 300 signal which means "Take the price down so I can load shares".

Looks like a MM signal...

"Take the price down so I can load shares"

http://www.thepennystockblog.com/signals.html

They still sold me 2MM @ .0002 though

It is easy to be misled by trades at the bid, looks like selling when it isn't.

Good point! I momentarily forgot about those preferred shares and the super voting rights! I sure wish they would clarify that one. It would be wonderful if they came out and said that the preferred shares in EFGO were disolved, but what are the odds.

For the most part that is how I understand it will work too. EFGO will be a shell company but I think it could possibly resume some kind of business plan or at least sell off any remaining assets and buy back shares.

My main concern is that I am not sure if the EFGO shareholders get all of the 10% of Good Life or if the 10% is divided between the EFGO shareholders and the third party that is lending the $5MM.

My order for 2 was in for about a week before it finally filled this morning.

Like I was just discussing, things are not always what they seem....but believe whatever you want.

I am just along for the ride like everyone else. What a long strange trip it's been! GLTA!

Thanks for this info! Yeah, that is what I suspected. I usually get the buys at bid when there is a wave of selling. So obviously someone is selling at the same time they give them to me and it makes sense that they would just sum up the total volume of the buy and sell in one line.

...I just noticed from Bloomfield's L2 that they do this too.

Looks like tiger760 got his 10MM @ .0003 at 12:41:32.

See there is much more honesty here than some people want to believe. Oh well, to each their own!

Sometimes the MM will sell to you at the bid. I have had it happen more than once. I don't know about L2 but the trade details that are shown on Scottrade's time and sales list is not always accurate to what really happened. Here is how my buys went through.

10:13:31 Bought 1301920 @ .0002 (but Scottrade shows 3690000 sold around this time)
10:16:29 Bought 3698080 @ .0002 (but Scottrade shows 5000000 sold around this time)

5MM of those at 2 was a buy...my buy.

BTW, Bigdogs, plz put me down for a total of 50MM now.

Bigdogs, plz update my sharecount
I have 45MM instead of 55MM now. I sold off some at 2 due to a GTC limit order that I placed way back when during the doom and gloom era. I am strong now that I see real things happening. Still a lot of uncertainty in the air but looking much more promising than before. Thanks.

I am kicking myself too! I invested way more than I could afford to lose. Liquidated everything in my Roth IRA to buy all EFGO (or CHNW at the time). Total was $45,000 and was everything I had accumulated to date over my entire career (10 years so far), all down the tubes now IMHO. Yeah, they seemed really sincere and credible earlier this year.

I'm just gonna keep my head up and learn my lesson to never do this again. Hey, maybe it won't be so bad working the rest of my life instead of being able to retire...

That website appears to be some kind of search engine site that links to many similar as well as some disparate keywords related to the keywords that you used in your initial search that brought you to their website in the first place. Esprit Financial just happens to show up under the list of related search words. That website is not related at all to Esprit Financial per se.

You're right, I don't let superstitious things like that get to me. I even consider Friday the 13th a lucky day for me! Thanks for wishing me luck! I believe everything will work out in time. Hey its only money! Go EFGO!!! GLTA

I am down almost $40,000 in this stock so it just figures I would get the jinxed 6's post!

I'm holding 55 million shares. Been in this for about six months. I can handle waiting another 2-3 months.

I think management can hold a belief about something even if they are not actively discussing or considering it.

I agree Kraken! This deal with Minaco sets off major red flags with me. Maybe I am just being paranoid but I don't think EFGO is shooting straight with us. As best I can tell, Minaco is one and the same as ifgx which is a division of EFGO. Their website had all the same information before it was replaced by a useless coverpage type website. I don't buy that it is because Minaco obtained their website from Esprit and never updated it.

I just hope there is not some "shell game" going on that will shaft all of us common shareholders. Again maybe I am just being paranoid. What can I do about it anyway? I can only get 12% of my original $40,000+ investment back at this stage. So all I can do is wait and see like the rest of us. I still have hope but also fears...

I know! I hope it doesn't end up being a painful pinkie learning experience. Maybe I was too confident in this company and my DD...time will tell. Still hoping for the best though. GLTA.

I'm still holding too. Over 50MM shares with cost basis of .0008.

I'm somewhat discouraged but still hopeful. I'm staying in for better or for worse. I believe PPS will get better in time...

My order to buy 12M that had been open for two days filled as part of that group.

I agree with you. I don't see how a MM would need shares this morning!

It is a signal. One of the MM's is in trouble but I don't exactly know in what way. Anyone know?

Bought 3M more for a total of 35M now

I own 32M.

Wow! My holdings alone account for 2.5% of the O/S!