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They didn't say.
Don't know.
Not a question. LOL
Did say.
I didn't comment
Except for the fact that the first sentence is wrong. PR states EFGO shares are 1000 to 1. Doesn't say what the GoodLife China share cut will be.
That's the link you wanted. You didn't ask for comformation. Todays PR listed comformation,. Ibox has that link
Is that what it says? That's how I read it to. we shall see.
Is it possible they're will do One of these?
Me don't know, anyone?
1)Split-Up corporate action in which a single company splits into two or more separately run companies. Shares of the original company are exchanged for shares in the new companies, with the exact distribution of shares depending on each situation. This is an effective way to break up a company into several independent companies. After a split-up, the original company ceases to exist.
or 2)Split-Off A type of corporate reorganization whereby the stock of a subsidiary is exchanged for shares in a parent company.
Everyone have a Happy New!!! Gone for a few days.
Post#78502
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25032401
ooops, your right! Forgot....:~)
10am in China....last day of the year!!!Let's hear some news on finalize deals or at least an update. Good things a coming!!
Hopefully it will be tomorrow, btw nice siggy
Once again this statement is full of speculation and no real facts, There has not been any mention of a jackpot or lotto or Vacation in any PRs,
Así que a celebrar, tal vez en EFGO riquezas en el año 2008, deseo a usted ya la familia proserity
Here's something funny, this is something GoodLife's GM said in an article I read. GoodLife great upside>
general manager of Gudongmei planning, good day beginning after the first transition, it should become "Qianshouqianwen."
When looking up the last word ( Qianshouqianwen ) it doesn't exist, but offers this word instead. “genus hugueninia”
meaning............... noun one species: tansy-leaved rocket [syn: Hugueninia]
So talk about great potential! there it is.
Full article;
http://72.14.203.104/translate_c?hl=en&langpair=zh%7Cen&u=http://www.nanfangdaily.com.cn/JJ/20071228/gs/200712240035.asp
Probably nothing. happen in a google search.
I wonder are they going to turn around and buy back with the asset sale monies and then retire them. Sounds a little strange
So many assumptions, we may land in a company that already has a CEO, but I don't know that, Nor do I know if we will have a R/S or what our PPs will be come Jan. So instead of spread false statements, I will wait for the news and inked deals. I, like many posters bought back in the spring and I will wait for the announcements.
Here again, again astatement on R/S, never been announce.
The stampede to the exit will come after the "helluva bang" announcement comes, and the structure is public knowledge.
Please share your vast insight on what is not know yet and how everyone is running for the door. Please tell.
I see, thanks
I would have to disagree with the statement, It lacks any kind of facts.
Well that also would go to us along with the assest sale. But I don'y read it that way. Would be nice.
That's what I read.
Right
Or someone who has done a lot of DD first hand. (like has been over looked it over, finds it to be a great investment and if they like what they see happens to there money they will provide more for a big piece of the pie.
THat's how I read it.
My opinion only.
THe only thing so far mention was that, EFGO negotiated a loan for GoodLife of $5ml for 10% of the Company. IMO we are not the ones getting 10% of the company we did not loan them the $5ml we negotiated it for another company.
I believe we are selling our assets to GoodLife and bringing them to a public company. What ever percent that is worth is the percent we get on the A/S.
And then that amount is divided by total O/S 10-11BL=percent of shares we get per share. IMO
I posted a better calulation awhile back.
RESPONSE:
Esprit has negotiated a commitment for a $5 million USD investment (less fees) to support expansion plans for Good Life in China. These are new funds that have been committed to by third parties, after the Company begins trading under a new ticker symbol. As such, Good Life will receive funding once the paperwork is completed to effect the name change and obtain a new ticker symbol.
http://goodlifechina.com/townhall/?paged=2
EFGO organized the loan through a third party and EFGO is getting a fee for doing so. BUT the third party is getting the 10% for his/her loan.
I think a lot is lost in the translation, when taking it from the chinese web site
Yes, finally, someone besides me sees it.
post#81784
Read post #84275 IMO
$5 million investmentPosted in Uncategorized at 7:11 pm by Trepid
QUESTION:
Where did the $5 million that was paid to Good Life come from? From where do you plan to get the additional $35 million for future investments in Good Life?
Thank you.
RESPONSE:
Esprit has negotiated a commitment for a $5 million USD investment (less fees) to support expansion plans for Good Life in China. These are new funds that have been committed to by third parties, after the Company begins trading under a new ticker symbol. As such, Good Life will receive funding once the paperwork is completed to effect the name change and obtain a new ticker symbol.
http://goodlifechina.com/townhall/?paged=2
What is the O/S for GoodLife China? how do we know our cut is 3 tenths?
THe only thing so far mention was that, EFGO negotiated a loan for GoodLife of $5ml for 10% of the Company. IMO we are not the ones getting 10% of the company we did not loan them the $5ml we negotiated it for another company.
I believe we are selling our assets to GoodLife and bringing them to a public company. What ever percent that is worth is the percent we get on the A/S.
And then that amount is divided by total O/S 10-11BL=percent of shares we get per share. IMO
I posted a better calulation awhile back.
Great siggy!!!!!!!!
Agree, that's my piont
Where the figuure come from, what is the A/S,O/S for GoodLife China?
Hoping for a surprise between now and the first, I did say surprise, It certainly would be. LOL
Merrry Christmas, Claim man