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I want some of what you're having. LOL
Agree 100%, I'll be watching closely at year end. I still believe if things continue to progress and they in fact do get all rev.s running this could turn in to a long time investment, but it's way too early to tell.
I would agree, If.....And there is no proof.
There is something going on though, it seems we have a lot of large purchasing shareholders moving in and out of the investment. IMO
Tried all day to no avail, buying at .0003 on monday.
My bad, that is a half a penny, oopps
Well, considering the week we had, it ended pretty good. LOL Buying more Monday, going to try and bring my avg. down, like that matters. Holding in to 08 or.......... By then everybody that held will be happy. IMO If it gets to .03 or better, whether you bought at .0002,.0007,.001 .005 won't reallly matter.
You'll be OK,imo, read post #60786
Here's some efgo humor, Check-out this CEO
DC Brands International CEO Answers Results of the Day
Today, DC Brands International (PINKSHEETS: ****) President and CEO Richard J Pearce said, "Our phone has been ringing off the hook all day with the Chicken Little set; no the sky is not falling. Nothing happened today other than penny pinchers taking profits. Good, get rid of them, take out the guys who bought in at $.03 -.06 or so, let them go. I think it is actually comical how people sit around wringing their hands like this. I guess if they can't play nice, we will just have to hold back some of what would have been this week's best news to let them get out of the way for a few days. We had something breaking tomorrow on our first national account with Turn Left, but I don't like to reward stupidity. We will be here day after day, week after week, year after year. I did not think about retiring when it went up 1,000% and I am not panicking because irrational people have a meltdown; just stay tuned."
Credit for this post goes to, to,to, OOPS foregot sorry
Great post living, So I'm probably right in my thinking. Next summer to fall and maybe into 2009 if need be for a great pay-off. And of course possibly a stay because of great earning.
People are in too much of a hurry to get out, wait for it, it's coming.
Just got home, I see I haven’t missed anything. Read several posts and I came to a conclusion, Nobody knows anything about the china deal. Well, I guess we wait at lease those with patience. Me, I’ve said it several times, This is my long shot this year into next. Big money or Bust, I wrote this puppy off when I bought it, I mean as far as worrying about the investment. I’m with Livingstyle; It’s not if it's going to make money, it’s when. And when could be first of next year end of next or….. So, as many have said, enjoy the roller-coaster ride of PPS, emotions, heartache, Joy, but some day, this thing will take off!! Strictly my opinion. But what do I know, I’m only down 74% of my investment. You either believe or you don’t, You placed your bets (on your own, Doesn’t matter who is saying what, you decided to enter pinkville, where fast money is made and laid to rest) Me, thinks mine is just resting, because it going to need a lot of energy as starts it’s run some day. :~}
RE-POST..Posted by: [Shelly] IH Admin
In reply to: None Date:8/6/2007 3:53:08 PM
Post #of 60442
All, this board is to discuss EFGO. There have been many deletions here today for being off topic or personal attacks.
As is always the case, if you have questions about deletions or anything related to this message board, send myself or Matt a private message. Everyone can send private messages to either of us.
In you're own post, lies the answer to your question. LOL
Naked or ghost shares,are some they sell each other and neither has any cert.s. In this case they could buy and then sell back after the PPS increase. I think that legally they have one day to cover. But they can turn and sell them back and forth tell they ready. Just another thought.
Hey Living, Is it possible the MM could have purchase naked (ghost) share at these prices in hoping that the financials are good to sell them at a profit.
I'm looking, hoping for that "under promise and over deliver"
From vols post,
Hi Michael, thanks for the info. With the recent news that certain holders have sold out, the mood is grim on IHUB, then you have the faithful few that try to hold the fort. ////////////////////////////// Its a public company and that is what people do. Its like a hotel some stay a day, some stay few days, some few months, but eventually everyone moves on. Its a natural process. I wouldnt sweat is. Even if they had 500mm shares no big deal, everyday we do 60-100 mm in volume. So stage 1 is complete, (volume), now on to stage 2 and that is increasing the PPS. We will get it done
Then today town hall.
QUESTION:
The trading volume today (Aug 13) is unprecedented, and the stock price has hit .0003. This is 2-3 days before financials are released. Shareholders are concerned. Any thoughts?
RESPONSE:
We can never know for certain what is behind a strange day like today. However, consider this. The second quarter numbers will be out this week. This wild trading could be a major short anticipating weak numbers, or a sell-off from a major investor who needs immediate liquidity because of the downshift hitting a lot of pinks. The good news is that they are dumping before news, not after - if we get a positive reaction to our numbers, there won’t be downward pressure left from this guy to hold the stock price down.
Looks like Michael was trying to warn us, without crossing the line.
And another one from Town Hall:
08.13.07Shell CompaniesPosted in Uncategorized, Investor Relations, Management Reports at 3:40 am by EricTheRed
QUESTION:
How many shell companies does EFGO own and what kind are they, ie: pinksheets, OTCBB, NASD?
And What are the plans for these shells, if one is a OTCBB, can’t we use it to go to OTCBB?
RESPONSE:
There are currently 2 OTCBB shells owned by Esprit. Look for more disclosure in our 2nd quarter results coming out this week. We were also acquiring a couple of Pink Sheet shells, but there were some snags. At this point, we probably won’t put any effort into certifying the Pink Sheet shells, as they now require as much expense as an OTCBB shell.We are reviewing all of our options for these shells. We want to see how China evolves in the next couple of months, as well as some other projects.
It is a little too early to finalize our plans in regards to the shells.
More news from Town Hall!!!
08.13.07Management Stock CompensationPosted in Uncategorized, Investor Relations at 3:12 am by Andrew Edwards
QUESTION:
Are there any plans to change the the shares issued to senior management as compensation this year. Won’t this just create additional dilution?
RESPONSE:
The original intention wat to tie senior management’s compensation to the performance of the stock, via issuing restricted stock at the beginning of this year. There are no planned changes, as the original underlying logic remains the same. The incentive to increase the price per share is just as valid now as when the shares were issued. As for concerns regarding additional dilution, there are significant restrictions on the amount of rule 144 stock insiders can sell, once they are vested. Sales of restricted securities and shares of common stock held by “affiliates” are subject to certain volume, timing and manner of sale restrictions pursuant to Rule 144.
In general, under Rule 144, a person (or persons whose shares are aggregated) who has beneficially owned shares for at least one year, including “affiliates” of the Company, would be entitled to sell within any three-month period that number of shares that does not exceed the greater of
(i) 1% of the number of shares of common stock then outstanding or
(ii) the average weekly trading volume of the common stock during the four calendar weeks preceding such sale.
Permalink Comments
http://cashnow.com/espritfinancialgroup/
Sounds good Vols, also waiting to here about check21, I don't people understand this one. If this happens, I think that's what wachovia is waiting on, to be the connection on this side. Check 21 is worth millions year if they get all the banks they've talk about. And if they get the ATM upgrades contract that all the china ATM's need and many more ATM's. Holy SMoke!!!look out!! Sorry just dreaming again LOL
Town Hall news starting,,,,
08.13.07Status of Jack ChangPosted in Uncategorized, Investor Relations at 1:25 am by Andrew Edwards
Question:
Is Jack Chang still working for Esprit?
Response:
Esprit is in discussions with Jack Chang at the moment. A number of assertions he has provided to the Company are under review, and we have requested additional documentation to verify these assertions. We are awaiting a response from Mr. Chang. Until these items are resolved, it is premature to make any final public disclosure on his status with Esprit.
Permalink Comments
http://cashnow.com/espritfinancialgroup/
Garde, I believe the shares sold by the company are recorded as cash(asset) and capitol stock(liabilities). But even though this happen in 2nd Qtr., if i read this right it was recorded in the first. (page 2)
http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=11112
I like to say it's just another week, but I sure like to see my investment do something, A glimmer of lite, so I know that it's live.
I know they spent a lot of money on travel and working on deals, so it will be interesting to see rev.s, expenses, and profits.
Well, the weather I believe is easier to figure out. LOL
Hey living, Any last minute guesses on P&Ls?
2nd Qtr results, in the black and hopefully alot better than the 1st Qtr. Also some time this week or next, hopefully we'll get what has been achieve the 2nd Qtr. And a mid-3rd Qtr update and direction of the company.
ANSWER: Town Hall 05.25.07
We think if we run our business well, grow our revenues and deliver bottom line results, we’ve accomplished our task as a company. We can’t stop the stock price ‘from getting hammered’.What we can do is point out that you don’t build a large Company in a week.If our stock price is volatile, that can only reflect that traders are expecting to make big gains in a very short time frame.
Hmmm...2nd Qtr, show: progress, better than 1st Qtr profit and good guidence, Me will be very happy.
Vols posted from michael,
You guys had mentioned that the 2nd quarter financials were looking better than first anticipated, is that still the case? ////////////////////////////////////////// Ohhhh yeah! :) Nothing has changed there?
Was does Ohhhh yeah! :) Mean? Any guess???
The rankings you are looking at are based on board activity.
I think they listed as be finalized in the 2nd qtr, but they credited the money to the 1st Qtr. Accornding to the 1st qtr statement. If I remember right, but I'm old with a poor memory. :>}
Thanks for sharing Vols, it's nice to see posters share info they manage to sueeze out of the company. And yes I know, It's like anything posted here we can take it or leave it. But I appreciate seeing it.
The IFGX.com and ATMbusiness.com , don't really surprize me any since they had those web site up for sometime.
Thanks again.:>}
Thanks for the insight brian.
Good Morning All, I see the closer it gets to the 15th, the more questions and concerns arise. It's to funny, you have waited this long, relax. Before someone drives their self crazy, let's actually see the Qtr report Fins.
I hope we're not giving them any shares, it time we started selling something. Unless we're aquiring the Bank of China. LOL..............Hmmmmmmmmmmmm
I believe the Olympics start 8-8-08, but mgmt shares are unrestricted in Jan 08. It will be interesting, If they land part of the Olympics, ATMs that will be first of next year as they will want these in place early, because of all the prep that will be need to get ready
Stratey, I'm hoping the same on some of your points. Don't really care about Chang, either way, I guess it be nice to know. Preferred shares, what is this? I had seen these in old qtrly reports. I thought these were from the start-up of the company years ago. Hopefully we'll get some answers this Weds. Or before. However, I did notice when they quoted the pink rule they made sure they add the part about reporting time was up to 60 days and then later PR 8-15 or sooner. Besides listing the financials, they need a mid-qtr update as well. (3rd qtr) like they have done the last two qtrs. Well I guess we soon shall see
Oh there’s no doubt china is the place to be. If they can get their foot in the door with a contract and deliver, all the banks will jump in. Also we can share all the other product we offer.
Good read, Hope we get in there some how.
Link error
Does anyone find it strange, the volume has been low for weeks, I mean, considering there is almost 8bl A/S ?
In my opinion there must be several large investors, not just these here, some with 6 figure.
You just don't see volume this low with that much A/S.
I think when this goes, it will go fast, because there are those that are in a lot bigger and for a much longer investment that even the longs here that say a 12-18 mos. JMO
GOVOLS,They were some of the 21-30 banks in the one of the check 21 PRs, We may already be in deep, check21 new software for ATMs, selling them ATM, and totally updating their backoffice and clearing needs. Would that be a shock and awe?