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May all our dreams and wishes come true!!
I'm just glad we had a chance to share the good ole days..LOL
Yeah..........I remember bring home mine 15ml. I was sooooooooooooo proud. It just sat there on the computer.........Man was I proud.
And then it started dropping from .0016, Oh yes, .0016.............It looked so good dropping day by day by day. So doing the right thing I bought some more. Now I have alot @.00044. One more click and a half and I'll be even. after that. Every tick after mine breaking a clock in the house. LOL
But then wouldn't you agree that this in itself is probably the reason that the share price hasn't moved?
That's the same day it when to .0003
Well as you pointed out several time they've finance the whole year by selling shares. So if I finally have the deal (GoodLifeChina) done. I sell every share left. 1. they get extra cash to help finance the next venture, post China deal.
I thought that's where are last billion $ day came from.
I agree with all except the $5ml, I think that is a separate issue. The 5ml deal is for 10% of the company not our merger/acquistion. I also think the % EFGO shareholders get, could be more than 10%.
Most empty shells get 10% we have assets, I think it is possible to get 10-25%. And in my dream the O/S is 1bl shares. So you'd get 450,000 shares at .03 according to your projections. My dream also says it will be .30 with in one year.
I think as soon as the deal is INKED and filed we'll know. You are correct, if the ratio is good, EFGO will start to climb
I think, Goodlife, I think,IMO, O/S 1bl tops, 500ml least
I for one, am very upset by this. Something has to be done, How dare they do this to us. After all we never said anything bad about them or the company.
AND NOW THIS! We get free shares! You go Garr!
14 trading days left in the year, we've wait all year, there's no way I'm leaving.
Speaking of Canden, what do they do again? check these pic's, look familiar.....May that's why they were edited
If the reverse merger is consummated, there's the chance a reverse split will be done in conjunction with it. Reverse splits are always scary.
Good Life will become a distinct and different entity from EFGO. Esprit shareholders will receive stock from the new Good Life company, in addition to their current holdings in EFGO.
http://goodlifechina.com/townhall/?cat=1
Livin, I think we're still missing an important piece of the puzzle. We're miss the other pink or OTCBB company, remember if we are going to have shares in two companies we need another public company. May they are acquiring us.
On another thought, if they want to see EFGO start going up they need to ink the Good Life deal, announce the share ratio we get from that. Think about it, shorts if any would have to cover and investors would buy to get two different shocks for one price.
IMO only
Please explain LOL
Post Unavailable
Additional Information
Post Unavailable
Additional Information
Acquisition by Esprit Financial Group
Canden Financial Group Inc. has been acquired by Esprit Financial Group (EFGO.PK) and signed a memorandum of understanding on December 07 – 2007
Canden CEO Steen Elgaard advised: We are very excited about the opportunity to access the public markets in the US. We see excellent growth opportunities moving forward. We have several multi-million dollar contracts on the cusp of coming to fruition. We expect to issue announcements over the next couple of quarters as we move forward with EFGO.
Elgaard added; we have been very impressed with Garr Winters and his practical, common sense approach to this acquisition.
Please visit www.otcbb.com (EFGO) for the full press release
Post Unavailable
Additional Information
Sorry, I thought the original question was about not knowing Good Life China's financial and if they were true, I must have miss read the question
My email said Look for.
I was referring to Good Life China going to full pink by year end? I think what, I think your saying is also true. I believe after the China deal they are going to be "efgo and what ever assets are left, if any are going to be sold to another pink. Think this could happen by year end or first of next, And then I think we will also get shares in that pink too. Or the they'll take the funds from the asset sell and "maybe" buy back shares of EFGO, lowering the A/S, O/S. Then sell us to someone else or keep us with the "new" forex and "new" payday loan. Who knows, just random thoughts.
If they turn full pink, they will have to report for the entire year of 07 by March 1st to remain full pink. I think it's march 1st, They get 60 days according to pinks.
Agree, I also think we'll see a posting on Town hall tomorrow afternoon or evening and Pr early Monday. JMO
Only 16 days of trading left this year.
Yeah, I was posting for peeps that might want to use it in the future. Beats paste and coping each section.
This is from Recon, posted a few days ago, china site translated. Paste, copy and put in favs
www.google.com/translate?u=http%3A%2F%2Fwww.haorizi.com%2Fgsdt%2Fgsdt.html&langpair=zh%7Cen&hl=en&ie=UTF8
Thanks Recon!
Everythings on T/H, that we know
www.goodlifechina.com/townhall
After a second look and enlarging it, that's what it looks like.
I seen that, I thought check Twentyone... I'll look again
I'm not sure our part is only 10%, If I read tonites post right. The 10% is referring to the third party, EFGO negociated the loan of $5ml for. IMO
T/H 12-6
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.
anyone else?
Good post Itlogic, there is nothing wrong with questioning the status quo. Nothing wrong with making poeple think before diving in, You have post both sides and bring plenty to the table. At least your DD is back up.
Now we will have stock in two companies!!!
As for me, I'm either going to be a Cruise Liner or the Titanic in a couple months.
Long & Strong & Still a Float
One super hero coming right up!!!
Yes, we keep Efgo shares and get new shares of Good Life China
From T/H 12-3
Additionally, if the uplisting proceeds as desired, EFGO will becomes a shell company, and can also be sold to third parties.
It is the intention of EFGO management to use the proceeds from these asset dispositions to buy back shares of EFGO and retire them to treasury.
From T/H 12-6
Esprit shareholders will participate directly in the growth of Good Life, and their existing share of EFGO will not change. In other words, in addition to your current share holdings, you will receive additional stock in the new Good Life fully reporting Pink Sheet Company.
How does this work
You will continue to hold your stock in EFGO without any changes resulting from the acquisition of Esprit’s assets by the fully reporting Pink Sheet Company.In addition, there will be a distribution of shares in the new fully reporting Pink Sheet Company in proportion to your current holdings. As the share structure of the new Company will be different than Esprit’s, these shares will be issued as a percentage of your current holdings in Esprit.
Town Hall News.....
12.06.07Very excited about the mergerPosted in Uncategorized at 8:01 pm by Bigdogs
QUESTION:
Will Goodlife be buying back shares showing there faith in the new merger?
Also how long will the Shares be restricted for Goodlife?
Are there plans in place for all Goodlife employees to participate in the buying of the New stock once it becomes tradeable?
What do both companies together as one feel that the stock is worth currently?
RESPONSE:
The intent is to sell the assets of EFGO to the fully reporting Pink Sheet Company. If all of the plans proceed as expected, Good Life will become a distinct and different entity from EFGO. Esprit shareholders will receive stock from the new Good Life company, in addition to their current holdings in EFGO.
Post-acquisition, EFGO plans to sell off other remaining non-core assets. Plans call for the proceeds received in these subsequent transactions by EFGO to be utilized to buy back shares.
An employee stock option plan will be a management decision for Good Life. At this point in time, we are not aware of any plans. The focus has been on completing the paperwork as quickly as possible. Interest from Chinese investors in general could become significant, given the high profile nature of the Company in its operating territories, and continued rapid expansion.As for valuation of the Company as a combined entity, we would need a valuation analysis from an outside accounting form that specializes in this area of accounting. Remember, there is usually a difference between what a company is worth on paper, and it’s market capitalization based on share prices. Investors will look at a number of factors including growth, market position, industry indicators etc. It is therefore inappropriate to speculate at this time.
All restricted stock issued will be subject to the normal limitations and controls established by the SEC, which, as we understand it, has just been shortened to six months from 1 year, subject to some restrictions. These changes come under Rule 144 as amended November 14th of this year.
Permalink Comments
How does this workPosted in Uncategorized at 7:35 pm by jsmith258
QUESTION:
I hold about 500000 shares - how does this work?
Do I get a 1 for 1 exchange when all the papers are signed?
Thanks
RESPONSE:
There will not be any share exchanges. You will continue to hold your stock in EFGO without any changes resulting from the acquisition of Esprit’s assets by the fully reporting Pink Sheet Company.In addition, there will be a distribution of shares in the new fully reporting Pink Sheet Company in proportion to your current holdings. As the share structure of the new Company will be different than Esprit’s, these shares will be issued as a percentage of your current holdings in Esprit.
Permalink Comments
why is the current townhall not keeping up with posts?Posted in Uncategorized at 7:29 pm by PnyPlayr
QUESTION:
I wrote a post about a week ago, and to date, it has not been added to the townhall Q&A board. When it was EFGO, q&a’s were updated almost on a daily basis. I think this is a major link between the Company and it’s investors, and should remain open, and operational, at all times to keep that that vital updated information flowing between the two. If you do not believe this is important, then it is already and irritant between the Company and shareholders, and will only cost the Company credibility with us. I know the Company is going through a lot of changes and running into some obsticles as the merger moves forward. It is imparative that you keep us advised, so that we can know at all times where we stand as partial owners in both the old, and new Companies. You must remember, that if it were not for us, the investors, the Company could not survive in the Public Market. With this in mind, we deserve to know what changes are taking place, and to have our questions and inquiries to the Company addressed as soon as reasonably possible.
I also find this new format difficult to Maneuver, and believe it should be as simplified as it can be to aid us as we move around in it’s environment.
I am both Happy, and impressed with this Reverse Merger into Good Life China, and see a mutually beneficial advantage.
RESPONSE:
We are catching up on the Town Hall now. However, moving forward, we will not be able to respond to individual emails as we have in the past.
We intend to update Town Hall weekly as we move forward. We will not be able to answer all questions that may be generated relative to the reverse merger. There is some confidential information that cannot be released, and our legal team has asked us not to disclose information prematurely.The ability to post questions should be identical to Esprit’s Town Hall. If you are still having difficulties, please post the specific problems and we will get our webmaster working on solving any issues.
Permalink Comments
IFGX Shells Vs. Reverse Merger With EspritPosted in Uncategorized at 7:12 pm by mel
QUESTION:
Why didn’t Esprit use one of the existing shells in the IFGX division to complete the reverse merger with Good Life?
RESPONSE:
This is an excellent question. Management considered this option at length, but felt that structuring the deal in this manner provided much greater value for Esprit shareholders. Esprit shareholders will participate directly in the growth of Good Life, and their existing share of EFGO will not change. In other words, in addition to your current share holdings, you will receive additional stock in the new Good Life fully reporting Pink Sheet Company.
Permalink Comments
$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.
As Good Life continues to grow, it is anticipated that additional rounds of financing will be executed in line with business achievements and capital fundung requirements.
Permalink Comments
Reverse Merger or 10% Purchase?Posted in Uncategorized at 7:03 pm by Trepid
QUESTION:
The Press Releases from China indicate that Esprit is only acquiring an interest in Good Life. This does not sound lke a reverse merger at all. Why is there such a discrepency?
RESPONSE:
The Deal with Good Life (Haorizi) is in fact a reverse merger. Good life has tendered all of their shares in their private company in order to complete this deal. They will receive publicly traded, but restricted stock in exchange for these shares.The press releases in China were poorly translated, and coupled with their inexperience in the public market, it came out backwards.
In esssence, 100% of Good Life China shares will be traded under the new ticker symbol (once it is obtained) on the Pink Sheets, and Good Life is no longer a privately held company.
Good morning BDog, just a quick check before heading off to work.
Another Tennessean
I'm not sure what he is referring to. I had one last year to do a symbol change and R/S at the same time and it was done in 3 days. Trading never stop on it either. Maybe he was referring to the 3 day wait for current shareholders.
Your mistaken my friend, Yours is the post of the evening. Like you said, what's another few days. They'd be better off to turn the computer off till after Dec.31st. I would but....
My problem is... These posts are just to funny!