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.
The problem all along (IMO ) has been the transparency. It's like you can see right through these people. With practically no substance.
I wish their next PR isn't transparent and actually has some substance to it.
But if they are true to their word... they already promised a transparent PR.
If they are
into oil, why is there no mention on their site? And I have been digging deep. I should have hit oil by now . IMO
Key Management
--------------------------------------------------------------------------------
SeaHAVN key management personnel have been involved for more than thirty years in all phases of fisheries resource management, regulation, vessel construction, repairs, renovation, operational management, vessel ownership, domestic and international production, marketing, financing and project development throughout key United States and international fisheries specifically including the Mauritanian resource zone; SeaHAVN's management team includes other experienced international and domestic operational professionals who have also successfully developed and operated both U.S. and international factory fishing freezer trawler vessels and their companies during the past 30 years including SeaHAVN's vessels.
SeaHAVN management profiles are provided in detail in the full business plan; SeaHAVN has access to qualified and experienced masters, mates, engineers and personnel to fulfill the 44(105m) crew requirement for each vessel; European and Mauritanian based SeaHAVN management locations in Las Palmas, Spain; Monaco; Nouakchott and Nouadhibou, Mauritania; will compliment an operating company co-located in Iceland.
James A. Wexler, Esq.
SeaHAVN Chairman and CEO - the Founder, CEO and Chairman of SeaHAVN over the past thirty years, has been a significant participant at all industry levels. Nineteen years as a Director, CEO, President and/or General Counsel in more than fifteen fishing factory trawler vessel companies with operations in the United States, Europe, Africa and Asia. Eight years as a commissioned officer including two years aboard U.S. government oceanographic and fisheries research vessels operating in the Pacific and Six years as regional counsel for the United States National Oceanic and Atmospheric Administration National Marine Fisheries Service where he was involved in the development and enforcement of the fisheries management laws in the U.S. 200 mile zone and three years as Director, Department of Natural Resources, Economic Development Council, Seattle.
Arne Longva
SeaHAVN COO Vessel Operations - with over 30 years operational experience in maritime and fisheries will provide operational and vessel organizational planning, preparation and management. He will supervise day-to-day vessel management including coordination of on-board harvesting and processing activities as well as working closely with delivery of production at sea. Mr. Longva will also technically assist with the vessel design, equipment selection and oversee all vessel constructions as well as manage the transition operational team upon acquisition of the F/V Veronica. Master Mariner Certificate (1985), Unlimited Norwegian and Marshall Islands License (1985)similar, Norwegian citizen with U.S. permanent residency, 27 years operational experience as master, mate and master fish processor chief aboard factory fishing freezer trawlers in Mauritania, North and South Atlantic and Pacific Ocean operations, Managed transition and merger of 12 vessel Norwegian and Russian fishing joint venture fleet, Graduate Royal Norwegian Naval Academy (1976), Bachelor of Science Marine Transportation, Institute of Business Administration, Bergen (Norway)(1986-87), Graduate, Aalesund Nautical College (Norway)(1978-82).
Scott Baker
SeaHAVN Chief Financial Officer, Secretary & Financial Director, will analyze, develop and coordinate financial evaluations for operations of the fishing factory freezer trawlers for operations in the United States, Africa and in Atlantic and Pacific Ocean areas of operations. Mr. Baker has coordinated development of operational business and financial models for the fishing industry. Developed cash flow projections, balance sheets and income statements for all operational scenarios. Successfully negotiated USD165million in funding options for the company. Coordinated with operational operatives and resource analysts for development of fisheries business plans involving a variety of vessel configurations and sizes.
Maurice Benza
MaurAmer S.A., Chairman & CEO, will coordinate all Mauritanian on-shore support for the vessels including fish licensing; processing the vessels through port and customs procedures upon arrival in Mauritania; coordination with the Oceanographic Institute of Mauritania, Ministry of Fisheries; coordination and compliance with all local fishing regulations; and will provide vessel support services including arranging supplies, spare parts, fuel and other necessaries if needed as well as emergency or medical assistance. M. Benza is actively involved as an owner, director in a number of Mauritanian fishing and vessel management companies that directly manage all phases of operations for thirteen factory freezer trawl vessels which complement the proposed operations of the SeaHAVN vessels. In addition to M. Benza’s varied corporate activities he is an elected Deputy from his region in the National Parliament (equivalent of a Senator). He has been re-elected four times for five-year terms of office and received an 80% plurality in the last election held in October, 1996. M. Benza’s organization has offices in Nouadibou (the fishery center) where his vessel management team is head-quartered as well as in Nouakchott (the capital). He is involved in a variety of industries. M. Benza and his fisheries expert (former Minister of Fisheries) have reviewed all projections for harvest and biomasses in the proposal and have confirmed their accuracy. He has confirmed that the current harvest by all other vessels do not achieve even 10% of the total allowable catch for pelagic species to be targeted by the SeaHAVN vessel.
Unimed Glory A.S.
SeaHAVN will seamlessly co-manage and market production with Unimed Glory A.S. Unimed is a wholly owned subsidiary of Laskaridis Group which is a family owned group of shipping companies based in Athens, Greece. The group owns and manages in excess of 100 ships, mainly reefer carriers and tankers. The managers of Unimed Glory S.A. are all experienced trawler operators. The General Manager, Per Pevik, is a Norwegian National, has 15 years experience managing trawlers for Norwegian, American and Greek owners in Alaska, Russian Far East, South America and West Africa. He holds a Norwegian unlimited Master’s License. Mr. Mr. Pevik was fleet manager for Emerald Seafoods, Inc., Seattle, Washington which owned and successfully operated 3 x 100 meter Alaska factory fishing freezer trawlers in the mid-1980’s and 1990’s involved in the development of the surimi production fleet. Mr. Wexler was a founder, Director and General Counsel with Emerald Seafoods, Inc. at the time Mr. Pevik was fleet manager. Mr. Pevik, Mr. Longva and Mr. Wexler have known each other for more than 20 years and have successfully organized, managed and marketed comparable trawler operations as a team during that time. The Operation Manager, Tony Zuanich, is an American National with long factory trawler experience from the Bering Sea fishing for well known trawler companies such as American Seafoods Company and Birting Fisheries. He has 6 years experience as Operation Manager for factory trawlers both in the United States and in Greece. He holds an American Master’s License. The Technical Manager, Theodore Zeppos, is a Greek National with a British Master’s Degree in Marine Engineering. Before joining Unimed, he was employed as Technical Superintendant for Laskaridis Shipping for many years. He has now managed the Technical Department of Unimed Glory S.A. for 3 years. The Accounting Manager and Office Administrator, David Oliver, is an American National with 25 years of accounting experience including 4 years of trawler accounting for Russian and Greek owners. He knows intimately GAP and IAS accounting as well as the peculiarities of Russian accounting.
The company has managed the 14 sister ships including the Vladimir Starzhinsky and Stimul all Spanish built trawlers of Norwegian design. The trawlers are 105 meters in length and 20 meters wide and were built between1991 and 1994 utilizing latest technologies available and have since been upgraded on a regular basis. Original building cost was USD 28 million and current replacement costs are much in excess of this amount. The trawlers have a production capacity that ranges from 160-250 metric tons of frozen product and 25 tons of fishmeal per day. The factories on each trawler can filet up to 1.2 million fish per day. With an average fish size of 500 grams, this equals 600 metric tons of round fish per day in addition to 150 metric tons through the fishmeal plant. In the case of pelagic fishing, the trawlers can consistently catch and freeze not less than 200 tons of round fish plus up to 25 tons of fishmeal per day. Each of the trawlers can produce the following products:
1.Frozen boneless / skinless fillets in blocks or interleaved.
2.Frozen mince / fish farce
3.Frozen headed and gutted fish
4.Frozen whole round fish
5.Fishmeal
Also, 2 of the trawlers they have managed can produce up to 80 tons of surimi (fish paste) per day in addition to the abovementioned products, and several of the vessels managed have produced Shrimp in the past. The team has experience in a variety of production formats.
The vessels were built to survive and operate in the harsh climate of the Far East of Russia and they have proven to be strong and reliable. The maintenance has been carried out with great care and the vessels have been constantly supplied with the latest in factory processing machinery as well as the latest fish finding and navigation equipment available.
Currently 4 of the trawlers are operating in the South Pacific targeting Horse Mackerel and include the Vladimir Starzhinsky and Stimul.. This operation commenced in late April last year and the average production rate is on schedule to meet their goal of 90,000 tons product annually.
The trawlers are manned by Russian officers and crews with long experience on these same ships. In addition, 4 European department managers are employed on each ship to ensure that production, product quality and technical maintenance conform to the highest standards. Currently several of the vessels have included Chinese crew to save costs.
Company Profile
--------------------------------------------------------------------------------
In May-June, 2005, SeaHAVN (DE), Ltd. and New Bridge Capital, Inc., a publicly traded corporation, completed a merger and asset acquisition that resulted in the publicly traded company being renamed as SeaHAVN Corporation (NV) with a new stock symbol SVNR.PK. The transactions consolidated all of the assets of SeaHAVN (DE), Ltd. and certain assets of SeaHAVN, Ltd. (BVI), within SeaHAVN Group, Ltd (BAH), a wholly owned subsidiary of SeaHAVN Corporation, including two (2) commercial fishing licenses within the 200 mile Exclusive Economic Fishing Zone of Mauritania (West Africa) with proven fishing grounds and Memorandum of Agreements to purchase two (2) 105 meter factory fishing trawlers. Up to ten (10) additional commercial fishing licenses within the same fishing zone are available as well as proceeds from sale of 8x62 meter operating factory fishing freezer trawlers pursuant to agreements. The corporate re-structuring will also provide for SeaHAVN Group, Ltd. (BAH) to wholly own separate vessel-owning companies for each 105 meter vessel to be acquired. The Company plans to acquire four or more sister 105 meter vessels available during 2006 and 2007. Vessel Management and Marketing will be conducted pursuant to Management and Marketing Agreements between each vessel company and SeaHAVN (BVI), Ltd. and/or other contractors including the current managers of the 105 meter vessels.
SeaHAVN, Ltd. (BVI) was organized in 1997 as the principal holding company for ownership interests in factory freezer fishing trawlers operating in the North Atlantic and Indian Oceans and whose production is marketed principally to Europe, Asia and West-African markets. The principal managers and associates of the company have owned, operated and managed factory freezer fishing trawlers and marketed their production for more than 30 years in the United States, Canada, Europe, Asia, Africa and Latin America. They have also actively participated in the development of fisheries regulatory regimes in a variety of coastal nations as well as the financing of fishery projects worldwide. Since 1995, the company through its affiliates, has owned, operated and managed thirteen factory freezer fishing trawlers in the 62 meter class pursuant to pelagic licenses in Mauritania and arranged for the renovation of five similar-sized vessels in the United States, Germany, Mexico and the United Arab Emirates for operation in the North Atlantic and Indian Oceans. Beginning in 2006, SeaHAVN, Ltd. (BVI) an associated company sold its vessels to focus on acquisition of replacement vessels in the 100 plus meter class that have double the freezer capacity of its prior operating vessels, to maximize efficiencies and that can operate in both traditional and unique domestic and international fisheries. This goal is being achieved by the purchase of quality operational vessels as they become available and by developing new constructions.
SEAHAVN has identified specific operational vessels targeting horse mackerel for part of the year in the South Pacific in international waters beyond exclusive zones and krill in the Southern Ocean for the balance of the year for the production of krill meal and krill oil with significant market utilization in aquaculture feed and production of pharmaceuticals. The vessels are fully serviced at sea including transshipment of on-board production and provisioning of vessels with fuel, lube oil, food, provisions, spare parts, crew changes and supplying packaging materials.
These fisheries represent significantly under-utilized resources. Krill is the second largest biomass in the world exceeding 4.5 billion metric tons exceeded only by the Alaskan biomass. Current worldwide production has been less than 200,000 metric tons annually. The opportunity for growth is significant. SEAHAVN intends to participate in the development of that resource as its principals have participated in the pioneering development of the U.S. factory freezer fishing trawler fleets in Alaska. In this regard the company intends to acquire a minimum of two operational 105meter factory fishing freezer trawlers with vertically integrated operational, management and marketing structures that are currently in place and successfully operating. These vessels are capable of also accessing the west-African pelagic fisheries and will target established stocks of Spanish mackerel, horse mackerel, sardinella and merlu (hake) within the nutrient-rich coastal up-welling zone of Mauritania where the company's managers have been actively involved and where the company has licensing available for up to ten 105 meter vessels for unlimited annual pelagic harvests for ten years.
While operating in the pelagic fisheries in either or both of the South East Pacific Ocean and/or the 200 mile Fisheries Zone of Mauritanian the vessels will produce whole round frozen twenty kilo blocks of Horse and Spanish Mackerel and Sardinella and supply existing international markets.
SeaHAVN Corporation has organized SeaHAVN Group Limited, (BAH) a wholly owned subsidiary to acquire or establish the vessel owning companies and flag and register the vessels in lender approved jurisdictions. Currently the vessels are owned by Cyprus corporations and are flagged and registered in Vanuatu.
Vessel Operations
Found this on their site:
--------------------------------------------------------------------------------
105-Meter Operating Fishing Factory Freezer Trawler Vessels
In May-June, 2005, SeaHAVN (DE), Ltd. and New Bridge Capital, Inc., a publicly traded corporation, completed a merger and asset acquisition that resulted in the publicly traded company being renamed as SeaHAVN Corporation (NV) with a new stock symbol SVNR.PK. The transactions consolidated all of the assets of SeaHAVN (DE), Ltd. and certain assets of SeaHAVN, Ltd. (BVI), within SeaHAVN Group, Ltd (BAH), a wholly owned subsidiary of SeaHAVN Corporation, including two (2) commercial fishing licenses within the 200 mile Exclusive Economic Fishing Zone of Mauritania (West Africa) with proven fishing grounds and Memorandum of Agreements to purchase two (2) 105 meter factory fishing trawlers. Up to ten (10) additional commercial fishing licenses within the same fishing zone are available as well as proceeds from sale of 8x62 meter operating factory fishing freezer trawlers pursuant to agreements. The corporate re-structuring will also provide for SeaHAVN Group, Ltd. (BAH) to wholly own separate vessel-owning companies for each 105 meter vessel to be acquired. The Company plans to acquire four or more sister 105 meter vessels available during 2006 and 2007. Vessel Management and Marketing will be conducted pursuant to Management and Marketing Agreements between each vessel company and SeaHAVN (BVI), Ltd. and/or other contractors including the current managers of the 105 meter vessels.
SEAHAVN, LTD. was organized in 1997 as the principal holding company for ownership interests in factory freezer fishing trawlers operating in the North Atlantic and Indian Oceans and whose production is marketed principally to Europe, Asia and West-African markets.
The principal managers and associates of the company have owned, operated and managed factory freezer fishing trawlers and marketed their production for more than 30 years in the United States, Canada, Europe, Asia, Africa and Latin America. They have also actively participated in the development of fisheries regulatory regimes in a variety of coastal nations as well as the financing of fishery projects worldwide. Since 1995, the company through its affiliates, has owned, operated and managed thirteen factory freezer fishing trawlers in the 62 meter class pursuant to pelagic licenses in Mauritania and arranged for the renovation of five similar-sized vessels in the United States, Germany, Mexico and the United Arab Emirates for operation in the North Atlantic and Indian Oceans.
Beginning in 2006, SeaHAVN, Ltd. (BVI), an affiliated company has sold its 8x62 meter vessels and is prepared to assist SeaHAVN Corporation to focus on acquisition of replacement vessels in the 100 plus meter class that have double the freezer capacity of its prior operating vessels, to maximize efficiencies and that can operate in both traditional and unique domestic and international fisheries. This goal is being achieved by the purchase of quality operational vessels as they become available and by developing new constructions.
SeaHAVN (DE), Ltd. and SeaHAVN, Ltd. (BVI) identified specific operational vessels targeting horse mackerel for part of the year in the South Pacific in international waters beyond exclusive zones and krill in the Southern Ocean for the balance of the year for the production of krill meal and krill oil with significant market utilization in aquaculture feed and production of pharmaceuticals. The vessels are fully serviced at sea including transshipment of on-board production and provisioning of vessels with fuel, lube oil, food, provisions, spare parts, crew changes and supplying packaging materials.
These fisheries represent significantly under-utilized resources. Krill is the second largest biomass in the world exceeding 4.5 billion metric tons exceeded only by the Alaskan biomass. Current worldwide production has been less than 200,000 metric tons annually. The opportunity for growth is significant. SEAHAVN intends to participate in the development of that resource as its principals have participated in the pioneering development of the U.S. factory freezer fishing trawler fleets in Alaska. In this regard the company intends to acquire four operational 105meter factory fishing freezer trawlers with vertically integrated operational, management and marketing structures that are currently in place and successfully operating. These vessels are capable of also accessing the west-African pelagic fisheries and will target established stocks of Spanish mackerel, horse mackerel, sardinella and merlu (hake) within the nutrient-rich coastal up-welling zone of Mauritania where the company's managers have been actively involved and where the company has licensing available for up to ten 105 meter vessels for unlimited annual pelagic harvests for ten years.
While operating in the pelagic fisheries in either or both of the South East Pacific Ocean and/or the 200 mile Fisheries Zone of Mauritanian the vessels will produce whole round frozen twenty kilo blocks of Horse and Spanish Mackerel and Sardinella and supply existing international markets.
SeaHAVN Corporation intends, through its wholly owned subsidiary, to complete the acquisition of four 105 meter vessels and additional sister vessels in 2006 and 2007.
In the US, please contact me at 206.849.9455 for questions and further information.
SeaHAVN, Ltd.
James A. Wexler
Chairman & Chief Executive Officer
Management information
Not sure how up to date this is but on google finance they list :
Management
James A. Wexler > Chairman of the Board, President, Chief Executive Officer
Officer Since: 05/17/2005
Scott A. Baker > Chief Financial Officer, Secretary & Financial Director
Nicholas C. Dean > General Counsel - Maritime
Sverre Bjornoy > Port Chief Marine Operator
Harald A. Kvalo > Port Captain
Arne Longva > Chief Operating Officer - Vessel Operations
source: http://finance.google.com/finance?q=OTC:SVNR
yup
which one is it under? I can never follow these games.
I just bought some more!
Bigdogs, please update my count. I'm now long at 3,862,100 shares.
(Not opinion - just the facts!)
TRUE TO THEIR WORD
Very quiet today. no prs or anything. NOT!
IMO
I was able
to get out this morning through Zecco @ .0119
And even after paying for the 30+min toll calls yesterday, I think I made a few pennies on this one.
WRONG SYMBOL STILL REPORTED ON Zecco.
I called and was on hold 11 minutes before getting disconnected without speaking to anyone. Called back, and after speaking to someone who put me on hold for 22 minutes while he checked with the resource department. Says that alot of peoplr are calling them about it, and that someone entered it in wrong. He says that they will have it fixed for tomorrow. I asked,"Will ut be fixed by the open?'. To which he replied that it would.
We shall see. =(
R/S completed
My Zecco account now shows the r/s and the new symbol of AART (A A R T Communications Corp )
Did Zecco double up on the wrong letter there? I thought the new symbol was suppose to be something else IMO
Post Unavailable
Additional Information
Good News
I just received my consent/proxy info in the mail yesterday 12/7/07
Due back to them by Nov 23 2007.
I honestly forgot that I was still a shareholder - apparently they forgot too. IMO
Is this merger/ reverse split a good thing?
I bought my share years ago in my IRA account. They were worthless IMO, so I stopped paying attention to them. Wasn't worth the commission to sell them.
LOL. I just checked I own 100 shares. So now I'll own less than 2 shares? At $5 commission per trade I need this to trade at least at $2.50 a share.
Canyon Resources Initiates Drilling at its Briggs Area Projects
GOLDEN, Colo., Dec. 5 /PRNewswire-FirstCall/ -- Canyon Resources Corporation (Amex: CAU - News). Canyon Resources Corporation is pleased to announce that it has initiated a 10,000 foot drilling campaign that will focus on work at both the Cecil R gold property, located four miles north of its Briggs Mine in Inyo County, California, and at the Briggs Mine itself. Harris Exploration Drilling and Associates Inc. has been contracted for the reverse circulation (RC) drilling that commenced operation today.
Gold mineralization at Cecil R occurs along a consistent and continuous shallow-dipping oxidized detachment fault zone, a planar feature located immediately below an upper plate cover of unconsolidated gravels. These gravels mantle the flat topped broad ridges at low elevations along the western foot of the Panamint Range. Exploration attention has been turned to this property because of its consistency and amenable configuration to open pit mining. Limited past exploration at Cecil R has demonstrated the continuity of the gold-mineralized zone with true widths of mineralization ranging from several feet to 90 feet. The property has in-place mineralized material estimated as 5.75 million tons at an average grade of 0.024 opt gold at a 0.015 opt cutoff grade, open in all directions along the generally 15 degree westerly dipping fault plane. Three companies have had exploratory drilling programs at Cecil R: in 1973 Homestake Mining Company drilled three holes followed by Inspiration Copper Company in 1978 who drilled 18 RC holes. Between 1991 and 2006, Canyon Resources drilled a total of 30 RC holes on Cecil R. Drilling results from these three campaigns form the basis of the mineralized material estimate.
Although some infill drilling has been planned in the incipient campaign, the present drilling program was designed primarily to step out from the known mineralization to potentially increase the area of known gold mineralization. Recent geological field work has demonstrated that the gold-bearing detachment structure continues below gravels which drape ridges to the south of the area drilled in the past. Six of the 30 planned holes will be drilled in this area. Permits for these programs have been approved and drill roads have been prepared.
Upon completion of the planned Cecil R drilling program, the drill rig will be moved to the bottom of the BSU pit of the Briggs Mine from where a minimum of three holes are planned to further explore the Goldtooth structure. These holes will provide crucial information on the down-dip and northward extension of the high-grade Goldtooth mineralized structure discovered during the 2006 drilling campaign. The planned drill holes will provide further exploration information on the region just north of Hole R-16 which had an intersection of 18 feet grading 0.48 ounce per ton of gold.
For additional information on Canyon Resources, please visit our website at http://www.canyonresources.com.
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934 as amended. Such forward-looking statements include, among others, feasibility and drilling studies for the Briggs and Cecil R projects, mineralized material estimates, reserves estimates, drilling capability and the potential reopening or expansion of the Briggs Mine. Factors that could cause actual results to differ materially from these forward-looking statements include, among others: the volatility of gold prices; potential operating risks of mining, development and expansion; the uncertainty of estimates of reserves, mineralized material and gold deposits; and environmental and governmental regulations; availability of financing; the outcome of litigation, as well as judicial proceedings and force majeure events and other risk factors as described from time to time in the Company's filings with the Securities and Exchange Commission. Most of these factors are beyond the Company's ability to control or predict.
---------
With your name,
Captain Short, I thought you were talking about them.
Sorry, my mistake.
I think it
was a put
IMO
yea, I didn't mean just you. Alot of people are going to get excited and read that way too fast. Should be an interesting ride, these next couple of weeks.
See you on the other side , living the 'Good Life'
All IMO
No you didn't see that
look and read again
news about it next week.
"Esprit will be providing updates on the completion of the paper work associated with the reverse merger with Good Life China next week. "
Its all in the PRs
EFGO has been working on this merger for a while. They even secured
legal counsel in China to help them get this done right.
IMO
Just read the PRs
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Retains Chinese Law Firm for Upcoming Projects
LAS VEGAS, Sept. 24 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com has retained the services of a Chinese law firm with recognized expertise in a number of areas including securities, Chinese corporate law as well as Chinese and International finance.
In addition to representing China-based clients in international matters, the firm represents many companies in the U.S. and Europe working in China.
The firm has extensive knowledge of the often complex Chinese regulations with regards to international business, including securities law, joint ventures, Mergers and Acquisitions, Reverse Mergers and related services. Importantly, the specific lawyer retained works in both Chinese and English, providing a vital bridge to minimize the risk of unintentional misunderstanding arising in negotiations.
Esprit CEO Garr Winters commented: 'We feel that it is prudent to retain local counsel at this juncture. A number of projects in negotiation will require local legal expertise in regards to Chinese regulations, and to ensure deals are properly structured moving forward. These projects will be announced as appropriate as they come to fruition.'
Winters added: 'We anticipate the need for a local law firm to provide due diligence investigations, issuing legal opinion regarding Chinese law, drafting and/or examining documents involving Chinese law, submission of legal documents to relevant government departments, and looking further down the road, designing and structuring merger plans as appropriate.'
About Esprit Financial Group Inc.
Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include: the Payday Loan Software division; Forex Trading; Advanced Electronic Funds Management; and Specialized Investment Banking and Financial Advisory Services.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
SOURCE Esprit Financial Group
Source: PR Newswire (September 24, 2007 - 6:00 AM EDT)
uwlungman, I don't dispute that
MM make the market. They have been holding back our share price for over a week now.
What I was disputing was stangbs claim that someone else on here definitely did not but at .0002 , when we realy dont know for sure if they did or not, but we do know someone sold at .0002 ; So someone bought.. maybe a MM , maybe not. But with so many maybes there's no reason for stangBS to be bashing someone over it.
MO
If you read all the PRs....
You'll know that its not EFGO that is uplisting.
A SPC company that was formed for this 'merger' will be first r/m into a fully reporting pink sheet compant that has yet to be named.
Once we are a part of the Pink Sheet company (from what I'm interpreting from the PR ) , that company will be involved in R/M with Good Life China.
EFGO will remain as a shell. So that means to me that we will be getting a share dividend of the fully reporting Pink Sheet company. And possibly keeping our current share of what's left of EFGO.
But wait! There's more (IMO): EFGO , from what I read . will over the next year be raising an addition $35million to add to the 5million already invested in the Good Life( by selling off shells and other company assets).
So, it seems to me, that if our $5million gets us a 10% stake in Good Life China, then a full $40 million will get us 8 times that , or 80% stake when all is said and done in 1 years' time.
Well, that's how I'm reading all the info out there.
More disclaimers:
Other interpretions may vary.
It's all just my opinion.
No one cares about your money as much as you.
Everyone should do their own DD.
Do you not understand the concept
of buying and selling?
There has to be someone buying in order for someone to sell.
If you see a sale for .0002 , and you claim there was no one buying. did they sell into thing air?
If that's possible, I'd like to sell my 2.4 million shares for $1USD right now;Since, by your statements I don't need to have someone out there to buy it.
I'm getting ready to live the 'Good Life'
All IMO
Bigdogs, you can add me to the list too. 2,432,100 shares
-----------------------------------------------------
Cover your shorts!! I'm able to see the moon. IMO
For those of us with short term memory lost - like myself IMO
Here is an old archive of the town hall going from about July 2007 , back.
http://cashnow.com/espritfinancialgroup/" target="_blank">http://web.archive.org/web/20070824064850/http://cashnow.com/espritfinancialgroup/
if there is no uptick ruling, then why for the past few days that i have seen, has the stock ended the day on an uptick of a very small transaction (compared to the transactions of the rest of the day) IMO
Are the MM's playing games with us?
oops, didn't realized I was looking at delayed info
a last uptick to 3 before the bell
so they can short it again.
goodlifechina.com
Site registered just this past Monday - either they wanbted to keep this quiet as long as possible or..the deal is progressing faster than expected or?.... IMO
domain details(Source: NetworkSolutions whois):
Registrant:
domain manager
1007 n federal hwy
# 275
fort laudedale, Florida 33304
United States
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: GOODLIFECHINA.COM
Created on: 26-Nov-07
Expires on: 26-Nov-08
Last Updated on: 27-Nov-07
Administrative Contact:
manager, domain andrea@renuyu.com
1007 n federal hwy
# 275
fort laudedale, Florida 33304
United States
(888) 235-8919 Fax -- (866) 687-5865
Technical Contact:
manager, domain andrea@renuyu.com
1007 n federal hwy
# 275
fort laudedale, Florida 33304
United States
(888) 235-8919 Fax -- (866) 687-5865
Domain servers in listed order:
NS1-R3.NSWEBHOST.COM
NS2-R3.NSWEBHOST.COM
My remaining order of 0001s is still unfilled. Only 10,000 and 12,000 got filled today. So, that's over 1.9 million still remaining from my order placed before opening on Monday that's still not getting filled. Is it overlooked so some MM buddies can get their's filled first? IMO
I picked up some 0001s today.
My order for 2.5MM only partially filled today:
11/26/2007 11:48 AM $-50.01 Bought 500,100 EFGO@ $0.0001 11/26/2007 09:30 AM $-1.00 Bought 10,000 EFGO@ $0.0001
that, along with the 400,000 I had from last week.
I'm in this for 910,100. Call me a gambling man =)
Other company web sites...
I don't see these posted above or elsewhere:
Cash Now Card
http://www.cashnowcard.com
The CashNow PLC Visa card is a Signature Visa Card(TM) issused by an International offshore bank.
------------
Payday Advances
http://www.cashnow.net
Cashnow.net provides short-term cash advances that are electronically deposited into your checking account. Everything from application to payment is done electronically via our web site. When your loan is due, the amount borrowed plus a service fee is debited from your checking account.
HOW MUCH IS THE FINANCE CHARGE?
The Annual Percentage Rate (APR) on a typical 14 day loan is 520.00% to 782.14%, which is $10.00- 30.00 per every $100.00 borrowed. You can also renew your loan.
According to the 13D,
Ronald N Krifcher bought 640,525,000 shares. He is a Project Manager for Sprint Nextel Corporation and purchased these shares for investment purposes.
source: http://myway.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5503858&Type=HTML