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Is there a minimum our PPs have to be to be listed as a OTCBB or a Nasd Company?
Question, out side of the 23% 0r 8.6ml m/c of GVHL,(as of the close of 2nd qtr. 6-29) does anyone think there is much income that will come out in the 2nd qtr?
Just another piece of useless information, Did you on Sat morning 7mins and 7sec.s after 7am the year and time will be 070707070707 Ha! Told you it was useless.
From Town Hall
Will EFGO merge with Global?
RESPONSE:
If you’ll recall, EFGO retained a 23% interest in Global when it sold the shell. Esprit passed on acquiring IEXPay directly. It really wouldn’t make any more sense to acquire it indirectly. Our plan is to participate in its growth through our existing equity position.
post# 53130
So, it must be my turn to made fun of. Cruel, but OK. Now I'll admit, I don't type well and my English is poor and H311, I make mistakes all the time.
But I don't make fun of a buy no matter how small. Let me see 1ml @ .02 = $20,000.00 USD (not bad)
Humm, I'm forgetting something???
Oh! that's right, We're talking Germany (exchange rate) they had to buy at .001 euro(USD .0013) And that makes it $1300.00 USD
And that's why I said, someone must have faith (because they paid a lot more there than it is selling for here)
But I'm not mad at you for poking fun, a lot of folks love to belittle people.
One last thing, stay away from forex. LOL
YOU said
1m xs .0006= 600...... whew.... my calculator just blew a gasket LOL!!!!!!
OR, OR...... I do'nt have as much $ as I think I do due to to my 5 year old buddy, "calkie", as I call em!!!!
WOLF
The higher up a monkey climbs, the more it shows its butt!!!! imo
Last but not least
And clearly you must be way up in that tree tonite
Actual it's about 1300.00 USD
And the good side...that's us
To get fully personalized and confidential answers to your own business questions, visit the Forbes Custom Research Center.
Today's Trend: "The Check Clearing for the 21st Century Act," or "Check 21," is designed to shorten the amount of time checks written on personal accounts take to clear," explains Find/SVP analyst Mark Broderick, but while this is a boon to businesses, it may negatively impact many consumers.
Why: Banks successfully lobbied to be able to take advantage of imaging technologies to assure same-day processing of checks, but "many people live from paycheck to paycheck and rely on the 'float' that will no longer be passed on to them," notes analyst Elizabeth Rowe. With banks protecting their own clearing-time float, while ending their customers', more banking transactions will be driven outside the bank branch and into the hands of check cashers.
Opportunity: The Consumers Union was concerned enough to launch an unsuccessful campaign to have banks instituting Check 21 protocols waive overdraft fees for a limited period, so it is now focusing its energies on reciprocity--faster clearance of checks deposited by consumers. Currently, only 3% of banks have implemented Check 21 programs, but Wachovia (nyse: WB - news - people ), for example, estimates that 70% of its banking transactions will involve image-based clearances by 2007. In anticipation of wider adoption, financial technology service companies such as Clearing House Payments, Fiserv (nasdaq: FISV - news - people ), Fidelity National (nyse: FNF - news - people ) and Metavante are retooling their platforms; though Broderick says it will be a while before they can expect the changes to be profitable. "Banks need to feel responsibly toward these at-risk populations," notes Rowe. And this would be enlightened self-interest if nothing else, since a Synergistics survey notes that the most-affected group will be the 18 to 34 segment that every marketer wants to hang onto.
Challenges: The market is moving more slowly than anticipated, but once in place, Check 21 implementation could easily alienate clients and blunt sell-through opportunities for the banks.
Companies To Watch: Wachovia and Bank of America (nyse: BAC - news - people ). Both are making themselves the guinea pigs for the new systems
Fiserv, Fidelity National, Metavante, Jack Henry & Associates (nasdaq: JKHY - news - people ). These leading core-processing vendors will chart the path for their industry in retooling platforms.
You talking about EFGO or GVHL, I believe there's more potential in EFGO and it's cheaper, well right now.
I'm in EFGO, lock, stock and barrel. (36+ml shares) Good luck to ya! The better you do the better I do.
Someone has faith, 1ml shares sold at frankfurt today!
http://deutsche-boerse.com/dbag/dispatch/en/isg/gdb_navigation/home?module=InOverview_Equi&wp=US...
GHVL, updated pinksheet.com today's info page. Robert CEO, Jack Chan, SEC.
Jack was Pres and Gar Sec.
http://www.pinksheets.com/quote/company_profile.jsp?symbol=GVHL
GVHl market cap at close today was 55ml, 23%(our ownership)= 12.5ml. divided by 8ml shares is .00157 a share without any other rev. I don't believe the 8ml a/s is a problem. I do believe it won't change until the 2 Qtr results come out and we can show in black and white (signed by an att.) that this company for real. Then hopefully we will draw some investors attention.
Remember that .00157 is rev. from another company, not multiple, no other income. This is going to run with some exposure.
Looks like a good day up 20%.:>}
I think they own around 23-24%, or 450-500ml
That's true, I'm just hoping it's after their in pennies, not now.
From town hall 6-27 Titled, Is it time to reduce the A/S
QUESTION:
Are there plans to reduce the authorized shares to something like 7 billion? This would greatly increase investor confidence without costing the company any money but would leave open the opportunity to raise substantial additional monies should the company need it (over half a million dollars, propbably a good deal more as the share price would undoubtedly rise in response to such an action).
RESPONSE:
There are no plans for a reverse split of the stock. We do not feel it is in our shareholders best interests at this time. There is sufficient additional authorized stock to accommodate mergers and acquisitions if required.Please note that our acquisitions are very select, and our track record is that we do not make investments lightly. Our acquisition objectives are to ensure that we acquire companies only when they fit with our strategic objectives, and normally ensure that we buy at a discount to a fair evaluation. We are careful to ensure that our decisions will add value to our entire shareholder base, and not have any dilutive effect.
http://cashnow.com/espritfinancialgroup/category/investor-relations/
6ml more for me!
Wife going to shoot me!
AGREE 8-15-2008
UNDER VALUED, WHAT A BUY
*******BUY,BUY,BUY******
KRAMER HAS NOT GAVE AN OPINION ON THIS STOCK!!! [/I]
LAS VEGAS, NV, June 13, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
Esprit Financial Group Inc. (ESPRIT) (EFGO.PK), www.espritfinancialgroup.com, received a Request for Proposal (RFP) today for an online payroll system for government employees in Jiangxi Province.
The Esprit senior management team had a very satisfactory meeting today with local government officials, who wish to develop and deploy an online payroll system wherein government employees could be paid via Internet or at ATM style kiosks throughout the Province. With a population of roughly 65 million people living in Jiangxi Province, this is a very significant undertaking for both Esprit as well as the local government.
With a proposed project budget estimated to run approximately USD $40 million, Esprit will be looking for additional strategic private sector partners to fund development costs and assist with the deployment.
The Government officials have requested that the project go forward as a privately funded initiative, and that the private sector partners will subsequently participate on a revenue sharing basis from all transaction fees generated by the system.
http://www.smallcapcenter.com/snapshot_newsrelease.asp?component=compinfo.asp&page=snap_newsrele...
LAS VEGAS, June 11, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com is pleased to announce that senior management has completed its initial rounds of discussions in Moscow, and will be pursuing additional talks regarding acquisition of a small Russian banking entity.
The bank currently conducts traditional retail services, from loans to term deposits. Interestingly, the Bank is actually registered in New Zealand.
Additionally, the bank has a small trading platform, and management will be reviewing the capabilities to use this platform internationally, as well as in Russia itself.
Historically, during the Soviet era, almost all banking was conducted through the state owned bank State Bank (Go-sudarstvennyy bank - Gosbank). Traditional services we take for granted, such as Checkbooks, credit cards, and other alternative forms of payment were not available in the Soviet Union.
Today, the banking sector continues to modernize, and adopt financial services common in the western world. The opportunity to participate in this high growth area is an exciting one.
http://www.smallcapcenter.com/snapshot_newsrelease.asp?component=compinfo.asp&page=snap_newsrele...
LAS VEGAS, May 30, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com announced today that its first credit card branded stored-value debit card program has been secured to service a major cruise line's employees on an international basis. The cruise line will begin dispersing payroll using the Company's stored-value debit cards to its crew members.
http://www.smallcapcenter.com/snapshot_newsrelease.asp?component=compinfo.asp&page=snap_newsrele...
Esprit Financial Group, Inc. (PINK SHEETS:EFGO.PK) announced today that it has begun the process of becoming a Pink Sheets Disclosure Categorization compliant company which Pink Sheets is scheduled to begin in August 2007 http://www.pinksheets.com/about/pr_042407.jsp
"Esprit management sees this as an opportunity to allow it to have a greater investor audience, further its strategic goals and enhance shareholder value," says Garr Winters, CEO of Esprit. "We have the infrastructure in place to make this move and I believe it is an important step for us to take as we begin to execute the early phase of our strategic business plan. Pink Sheets has instituted this disclosure categorization policy and we want EFGO to be one of the first companies to meet these guidelines. Our legal department has already began compiling relevant data that we will upload to the pink sheet site as soon as it is compiled well ahead of the August 2007 deadline so that this information will be made available to the public and our shareholders."
Esprit has always desired to remain fully reporting, although past circumstance made this impossible with the business interuptions in 2005. The Company has subsequently taken extraordinary steps to remain transaparent in its activities to ensure shareholders and other stakeholders were well informed of the Company's activities.
As Esprit continues to roll-out its new international financial service products, particularly in the Advanced Electronics Funds Management and Forex Trading divisions, Esprit will increase its profile within the financial community, both for financial services as well as retail investors. Becoming fully compliant will reinforce the Company's credibility and enhance its reputation.
This immediate initiative is a first step as far as becoming fully reporting and participating in the top tier of the Pink Sheets OTC market.
http://www.smallcapcenter.com/snapshot_newsrelease.asp?component=compinfo.asp&page=snap_newsrele...
Esprit will also retain a majority position of about 23.67% interest in Global, although Esprit has no plans to be actively involved with Global's day-to-day operations moving forward, other than that of a regular shareholder. It does, however, provide an upside opportunity in the event that the Texas company is successful in their endeavours, and the value of the equity increases significantly in the future.
http://www.smallcapcenter.com/snapshot_newsrelease.asp?component=compinfo.asp&page=snap_newsrele...
LOL, The only thing I know about taxes, is I'll save a boat load if this thing takes off and I stay long. A difference of paying 15% vs up to 28%
Welcome, good to my ya. seen ya on GVHl board.:>}
If we own 23% of ghvl and they close today at .025 their marketcap is 37.5ml, Shouldn't we show an asset of 8.6ml in our 2nd qtr report.
If that is true, that alone, 8.6ml/8Bl shares =.00108per share.
If that's the only thing we had at all, Which is not true by a long run, we are sooooooooooooo undervalued!
IMO;
disclaimer, I'm not an accountant so I'm not sure how any of this works.
Any thoughts by those that know?
Should be approx. 8.6ml listed with their assets.
That by it's self will look hugh on the 2nd qtr. report!
Congrats!!!!!!!!!!!!
If we own 23% of GVHL and they closed at .02 w/1.5bl shares their market cap is 30ml. Shouldn't the 2nd Quarter show this as approx. 6.9Ml in assets?
Any thoughts?
Will this keep them (MM) from doing mirror sells?
Thankyou, I google and got this from pinksheets. Da! should have looked there first. Thanks again
Limit Order Protection Rules to Apply to Pink Sheet Stocks Beginning July 2007
New York, NY - May 14, 2007, 2007 - The SEC has recently approved changes to the NASD’s rules and interpretive materials regarding Limit Order Protection. Previously, these rules, commonly referred to as Manning, applied only to Nasdaq listed securities and those quoted on the OTCBB. By expanding the interpretation, Manning principles and all the interpretive guidance thereunder will apply to those equity securities quoted on the Pink Sheets, as well as all other-OTC equities (those traded in the “grey market”).
Manning generally prohibits an NASD member from trading for its own account in a security at a price that is equal to or better than an unexecuted customer limit order in that security, unless the member immediately thereafter executes the customer limit order at the price at which it traded for its own account or at a better price.
A member firm that accepts and holds an unexecuted limit order from its customer (whether its own customer or a customer of another member) in an listed security or OTC equity security and that continues to trade the subject security for its own account at prices that would satisfy the customer’s limit order, without executing that limit order, shall be deemed to have acted in a manner inconsistent with just and equitable principles of trade, in violation of Rule 2110 (IM-2110-2). However, a member firm may negotiate specific terms and conditions applicable to the acceptance of limit orders that are: (a) for customer accounts that meet the definition of an “institutional account” as that term is defined in Rule 3110(c)(4); or (b) 10,000 shares or more, unless such orders are less than $100,000 in value. In the event that a member trades ahead of an unexecuted customer limit order at a price that is better than the unexecuted limit order, such member is required to execute the limit order at the price received by the member or better. Nothing in this interpretation, however, requires members to accept limit orders from any customer.
This change is effective on July 26, 2007.
http://www.pinksheets.com/about/pr_051407.jsp
I ask this once today to no avail, This is from Town Hall. Can someone explain what they're talking about? I must be having a moment, but can't the mm still wreak havoc on the PPS? And why Aug.?
Additionally, don’t forget we are still being traded on an ‘unsolicited bid’ basis. Once we’re into August, as a fully reporting Pink sheet, we will be quoted normally, which will open the stock up to a much wider audience and add another couple of notches in credibility.
Also EFGO home page
http://www.espritfinancialgroup.com/
Town Hall, Updated again today!!!!
What’s the big change with pinks in Aug. that’s going to keep MM’s from wreaking some much havoc with the PPS? Can someone enlighten me on this?
Going to China. Hmmm…..Finalize EFT.
Olympics….Hmmm..Who has prepaid Charge cards and selling ATM machines?
We do! $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Partnering with 3 US banks possibly needing new ATM’s $$$$$$$$$$$$$$$$$$$$$$$$$$$$
Good questions posted on Town Hall dude.