Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
THIS IS A NO BRAINER, STOP WAITING
*******BUY,BUY,BUY******
Does he have to file to sell, don't know, just asking
Good piont, it's possible
Another reason you may not be able to buy at ask is, we buy 4 pionts out (.0000) MM and some others can buy 5 pionts out (.00000)
It's not 10bl it is 700m+ according to T/H and pinks
Another thought BDog, they still had a little over 700k left in the A/S. They could be selling the rest off this morning. I hope so, then it is gone! Then we move even faster!!!
.0003 AND BEYOND...............
mighty mouse
7,000,000 GITTI-UP LET'S GOOOOOOOOOOO
Get ready for a HUGE day in the billions in volume. JMO
HelofaBang!!!
Esprit and Good Life management, estimate that the formal completion of the merger will take place as soon as the necessary filings with various authorities are completed, with a date most likely before December 31, 2007.
Thanks
Please re-read the statement says they already have the shares. I take this as those are the share the Chinese get.
Jmo, not sure
Beijing China —Beijing China, November 28, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) is pleased to announce that it has signed a firm and binding agreement to complete a reverse merger with Hebei Haorizi Company Ltd.., a China based company.
The merger, will include both cash and stock together with $5,000,000 in special financing through existing preferred shares and common stock.
I it possible they needed his shares for this deal and in return he got perferred shares with big voting rights?
Good Total, However if this starts to rise you lose 1/3 of them toady. But it will go to stronger hands. :~)
Beijing China —Beijing China, November 28, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) is pleased to announce that it has signed a firm and binding agreement to complete a reverse merger with Hebei Haorizi Company Ltd.., a China based company.
The merger, will include both cash and stock together with $5,000,000 in special financing through existing preferred shares and common stock.
Question; Does this mean, since you already have the shares of stock for the deal, my shares will remain the same and not R/S ?
Outstanding Shares
10,296,000,000 as of Sep 4, 2007
Authorized Shares
11,000,000,000 as of May 7, 2007
Number of Share Holders of Record
401 as of Sep 13, 2007
Float
5,988,472,000 as of Sep 13, 2007
Here is what actually was said on Town Hall.
Although we did not meet this objective, we continue to be very optimistic that we will start to close some deals this upcoming quarter. We have established tremendous goodwill, and our business model has generated significant interest from a growing number of Chinese companies looking to access public market
Why/ The SEC ruling states that all shorts must be covered by Friday next week
Sorry, I thought those links would work. You can find them by date in ihubs news for EFGO.
Check this out, the first is from a China news source (credit to Marine-1). The second is from another China news. And the third and forth are from EFGO. Read carefully! SAME BANKS, if this is not us, who took our banks?
China Strikes at Bank Queues with Cross-Bank Deposits, Withdrawals
2007-11-21 02:48:47 Xinhua
Chinese customers can now make deposits and cash withdrawals at different banks, regardless of where they keep their accounts, thanks to a service launched by the central bank on Monday.
The new system for small payments is available at most banks, including state-owned commercial banks, joint-stock commercial banks and city commercial banks.
The service is now only available within the account holder's region of residence, but it will eventually operate nationwide. Both debit cards and account books will be covered by the service.
reviously, only medium-sized and small banks offered such services, and cross-bank deposits and withdrawals were only available from major banks for debit-card transactions via ATMs.
Most banks in Beijing, and those in some provinces including Shandong, Guangdong and Zhejiang, have been ready to offer such services, according to the central bank.
The full roll-out of the system will require further time, as some commercial banks are debugging their systems, according to one source.
The central bank said fees charged for such cross-bank services would be decided by the service providers.
Many commercial banks, including the big four state-owned banks, set the fees at a proportion of 1 percent of the amount involved. Some have fees ranging from 10 yuan to 100 yuan or even 200 yuan.
The new service could help cut long bank queues, which have been a recent focus of customer complaints.
However, many said that the new service, while more convenient, may not be very desirable because of the fees.
More than 90 percent of about 14,000 respondents to a survey conducted by China's major portal, Sina.com, said the fees charged by banks are too high. More than 70 percent urged abolition of such charges. (One U.S. dollar equals 7.4 yuan.)
http://english.cri.cn/2946/2007/11/21/198@296396.htm
Central bank unveils trans-bank system
www.chinaview.cn 2007-11-20 08:59:41 Print
BEIJING, Nov. 20 -- The People's Bank of China launched a trans-bank system for small-amount payment on Monday. The first batch of 14 banks in Beijing will apply this system in succession, according to the Beijing Morning Post.
After signing contracts with account banks in advance, with a 12-digit payment bank code, clients can deposit, withdraw or transfer small sums of money amongst outlets of banks participating in this program.
Clients also need to pay certain fees for small-amount transactions. However, the charge varies among banks.
For instance, China Construction Bank (CCB) and Bank of China (BOC) will both charge the clients one percent of the transacted amount of money, but the minimum charge for a single transaction is 10 yuan in CCB and 1 yuan in BOC, and maximum is 200 yuan in CCB and 100 yuan in BOC.
CCB also sets a limit of five million yuan for a single deposit or withdraw, while BOC has no such a limit.
Some 14 branches of banks appear in the first branch in adopting the trans-bank payment system in Beijing, including the Industrial and Commercial Bank of China, Agricultural Bank of China, BOC, CCB, and Bank of Communications.
The Beijing branch of China Merchants Bank doesn't come up in the list.
(Source: China Daily)
http://news.xinhuanet.com/english/2007-11/20/content_7109187.htm
June 25, 2007 - 9:00 AM EDT
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Acquisition of Check 21 China, Inc.
LAS VEGAS, NV, June 25 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com as previously announced, Esprit's management team visited China in conjunction with International Express Payment. (IEXPay).
As a result of the due diligence process, Esprit had the opportunity to fully explore and understand the corporate structure of IEXPAY.
Esprit has decided not to move forward with the acquisition of IEXPay, and instead, acquire it's sister Company Check 21 China. The Due diligence process revealed that the busines pursuits of Check 21 China are more in-line with Esprit's current business focus and short-term strategic needs.
Esprit feels that Check 21 China represents an opportunity to deliver revenue in a significantly shorter time-frame, with a scalable business model that is directly variable as the Companies continue to expand the customer base of participating banks.
http://app.quotemedia.com/quotetools/popups/story.jsp
May 17, 2007 - 2:30 PM EDT Esprit Financial Group, Inc. (Pinksheets: EFGO.Pk) Announces Agreement in Principle with International Express Payment Corp. Serving Over 20 Chinese Banking Institutions
LAS VEGAS, NV, May 17 /PRNewswire-FirstCall/ - Esprit Financial Group, Inc. (PINK SHEETS:EFGO.PK) announced today that it has signed an Agreement in Principle with International Express Payment (Jiangxi) Corp. Esprit is to provide advanced electronic funds management services (EM2) to Jiangxi's current customer base and its network of over 20 Chinese-based banks.
The agreement covers current clients as well as any additional banks that may come on-stream to the current closed loop payment system. The partial list of member banks includes:
- Bank of China
- Bank of Beijing
- Agricultural Bank of China
- ICBC
- China Merchants Bank
- China Everbright Bank
- Industrial Bank Co., Ltd
- China Construction Bank
http://app.quotemedia.com/quotetools/popups/story.jsp
Hope this is us...
Central bank unveils trans-bank system
www.chinaview.cn 2007-11-20 08:59:41 Print
BEIJING, Nov. 20 -- The People's Bank of China launched a trans-bank system for small-amount payment on Monday. The first batch of 14 banks in Beijing will apply this system in succession, according to the Beijing Morning Post.
After signing contracts with account banks in advance, with a 12-digit payment bank code, clients can deposit, withdraw or transfer small sums of money amongst outlets of banks participating in this program.
Clients also need to pay certain fees for small-amount transactions. However, the charge varies among banks.
For instance, China Construction Bank (CCB) and Bank of China (BOC) will both charge the clients one percent of the transacted amount of money, but the minimum charge for a single transaction is 10 yuan in CCB and 1 yuan in BOC, and maximum is 200 yuan in CCB and 100 yuan in BOC.
CCB also sets a limit of five million yuan for a single deposit or withdraw, while BOC has no such a limit.
Some 14 branches of banks appear in the first branch in adopting the trans-bank payment system in Beijing, including the Industrial and Commercial Bank of China, Agricultural Bank of China, BOC, CCB, and Bank of Communications.
The Beijing branch of China Merchants Bank doesn't come up in the list.
(Source: China Daily)
http://news.xinhuanet.com/english/2007-11/20/content_7109187.htm
Sorry, I see they reinstated the post. Great find, this is what we have been working on and this is the bank region. If this is us, OMG!!! can we link this to us in any way? Dig in poeple, some body help them do this. Notice it says, more banks will join after getting the bugs out of their systems.
10.25.07Statements made on Town Hall 10-16-07Posted in Investor Relations at 11:04
QUESTION: Both of these statements were made in Town Hall last week. Are we still on course? Tomorrow is the last day for the first statement
1. Robert Xu and Garr Winters have scheduled a number of meetings in Jiangxi Province next week, to complete negotiations and finalize a number of contracts.
2. I hope to finalize one or more of these deals in China later this month.RESPONSE:
From the quick reports we have received from China, we are on track as indicated. They have a pretty exhausting schedule, and with only a very short time frame to talk at the beginning and end of the day (as they are 12 hours ahead), we do not have detailed information to share at this time.We will provide more information when we have had a chance to be properly debriefed upon Garr’s return.
http://cashnow.com/espritfinancialgroup/2007/10/
Short trading week. Closed Thursday and early at 1pm on Friday.
"the results can be devastating" LOL, What do you call sitting at .0002 for months? Anything from here is good! Their Alive! They posted!
Now hopeful we start to see some of these deals they've been working on for months close and we move up.
After read T/H, Question??? What company(s) have we been courting, besides Banks. Any guesses!!!! Who would we acquire or R/M with???
Too funny, well off to work, have a great day!!!
Well, hind sights 20/20. Should of took the deal. LOL
Still hoping for that news>>>>>>>>>>>>>
Yeah thats right, wasn't he the same one on the buyout, he over heard at an airport or something. LOL
OK, that explains why it is not linked to the stock. Thanks
Check out the new Ibox, Dragonman says he's met Robert Xu and started that board. Maybe he has some insite on efgo.
http://investorshub.advfn.com/boards/board.asp?board_id=11187
There hasn't been any real movement all Month, not when you consider the float is at almost 6bl.
Date Open High Low Close Volume Change Change %
11/14/07 0.0002 0.0002 0.0002 0.0002 77,700 – –
11/13/07 0.0001 0.0002 0.0001 0.0002 21,406,491 – –
11/12/07 0.0001 0.0002 0.0001 0.0002 13,483,809 – –
11/9/07 0.0001 0.0002 0.0001 0.0002 13,099,875 – –
11/8/07 0.0002 0.0002 0.0001 0.0002 21,068,651 – –
11/7/07 0.0001 0.0002 0.0001 0.0002 12,120,000 – –
11/6/07 0.0002 0.0002 0.0001 0.0002 17,304,800 – –
11/5/07 0.0001 0.0002 0.0001 0.0002 10,100,000 – –
11/2/07 0.0002 0.0002 0.0001 0.0002 827,600 – –
11/1/07 0.0002 0.0002 0.0001 0.0002 10,255,250
Agree, still hoping for that first deal.
Came out Nov. 5th,
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=efgo
I would call $400 to $10,000 measly, if so. Do you think they could forward that measly $10 grand now? LOL
That does sound great, .005 by Dec.,but we'll have to start moving soon to get there.
My son's a marine, He finds, Vets treat him better than anyone else, God Bless all Service Men and Women
Great description of pinkville, Should wish we would uplisted.
If they didn't, I wonder where the company would be? Any thoughts?