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BUYBACK!!
Esprit will also be looking to sell off certain non performing assets such as our www.iefranchise.com portal the www.cashnext.com www.loanconsultant.com and various dormant domain names. 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.
Big movement last half hour imo.
BoonMarket.com: BoonMarket.com Resumes Coverage of China 3C Group
SANTA BARBARA, CA, Nov 30, 2007 (M2 PRESSWIRE via COMTEX) -- BoonMarket.com announced today their renewed interest in China 3C Group (OTCBB: CHCG). CHCG has been mentioned on BoonMarket.com in the past and recent developments within the company have compelled BoonMarket.com to closely follow CHCG once again.
Don't be crazy enough to ignore the riveting insight we provide. In-depth analysis of this and other companies can be viewed through BoonMarket.com's special email alerts. You can sign up for these alerts for free (limited time only) by simply submitting your email address at the following link: http://boonmarket.com/signup.html
----------------------------------------------------
CHCG news from 11/29/07:
China 3C Raises Full Year Profit Guidance for 2007
China 3C Group, a retailer and distributor of consumer and business products in China, announced today that it raised full year fully diluted earnings per share to between $.43 and $.47 per share for full year 2007. Previous guidance was $.40 to $.44.
China 3C CEO Zhenggang Wang said, "Sales for the fourth quarter 2007 are trending well, so we feel very comfortable with the higher guidance for this year."
----------------------------------------------------
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About China 3C Group
China 3C Group is a leading retail chain operating more than 800 retail outlets in Eastern China. The company specializes in selling 3C products (communication, information technology and digital) in China. Among China 3C's primary attributes is its efficient distribution network and rapid logistics system. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com.
----------------------------------------------------
Disclaimer: Never invest in any stock featured on the BoonMarket.com website or email alerts unless you can afford to lose your entire investment. Please read our full disclaimer at: http://www.boonmarket.com/legaldisclaimer.html. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements set forth in this press release constitute ''forward-looking statements.'' Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
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Filling gaps watch for eod run.
The MACD just turned positive very bullish signal imo.
Next resistance looks to be about 4.50 if we cross that this could head to 6.00 dollars or higher fast imo.
We broke the resistance :) This is going to break out big!!!
If we can break through resistance at 3.85- 3.88 I think we close at atleast 4.00 imo.
.0002 x .0004
FWIW, according to the chart pattern once there is a good uptick day it is usually followed by at least two more days of possitive gains.
Nice EOD run. Should go higher tomorrow imo.
Who's painting today? Close at .0003 would be nice!!
I just got this email from thestreet.com. CHINA is huge.
Dear Reader,
The S&P 500 is up 9% over the past year. Not bad. But China's market is doing
better... more than seven times better. For six years now, Investment Director
Alexander Green has been calling China "the investment opportunity of the
decade."
And it's been paying off for us in spades. We scored a double on Huaneng
Power. We locked in major short-term gains in PetroChina last year. Our
recommendation of Templeton Dragon Fund has more than doubled - and we are up
more than 60% in just the last six months. Our China Life Insurance pick is doing
better still, up over 130% since we recommended it eight months ago.
But some members want to see even more gains like these...
If you're one of them, I urge you to read this special report on Horacio Márquez's
exciting new service "The New China Trader."
As the former head of emerging market research for Merrill Lynch Asset Management,
Horacio is uniquely qualified to bring you the biggest, most profitable
opportunities available today in the world's fastest growing major economy.
But time is of the essence. That's why I suggest you click on the link
below right now.
http://info.thestreet.com/TSCM/aN4077050_3326.htm
Sincerely,
Julia Guth
Executive Director
The Oxford Club
I just got this email from thestreet.com. CHINA is huge.
Dear Reader,
The S&P 500 is up 9% over the past year. Not bad. But China's market is doing
better... more than seven times better. For six years now, Investment Director
Alexander Green has been calling China "the investment opportunity of the
decade."
And it's been paying off for us in spades. We scored a double on Huaneng
Power. We locked in major short-term gains in PetroChina last year. Our
recommendation of Templeton Dragon Fund has more than doubled - and we are up
more than 60% in just the last six months. Our China Life Insurance pick is doing
better still, up over 130% since we recommended it eight months ago.
But some members want to see even more gains like these...
If you're one of them, I urge you to read this special report on Horacio Márquez's
exciting new service "The New China Trader."
As the former head of emerging market research for Merrill Lynch Asset Management,
Horacio is uniquely qualified to bring you the biggest, most profitable
opportunities available today in the world's fastest growing major economy.
But time is of the essence. That's why I suggest you click on the link
below right now.
http://info.thestreet.com/TSCM/aN4077050_3326.htm
Sincerely,
Julia Guth
Executive Director
The Oxford Club
Did I miss something is there a President Message coming out? When?
Can one of the mods update the town hall link? TIA
With this news, this will bounce hard from its downtrend.
China 3C Raises Full Year Profit Guidance for 2007
HANGZHOU, China, Nov 29, 2007 /Xinhua-PRNewswire-FirstCall via COMTEX/ -- China 3C Group (OTC Bulletin Board: CHCG), a retailer and distributor of consumer and business products in China, announced today that it raised full year fully diluted earnings per share to between $.43 and $.47 per share for full year 2007. Previous guidance was $.40 to $.44.
China 3C CEO Zhenggang Wang said, "Sales for the fourth quarter 2007 are trending well, so we feel very comfortable with the higher guidance for this year."
About China 3C Group
China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com .
A profile for investors can be accessed at http://www.hawkassociates.com/chcgprofile.aspx . For investor relations information regarding China 3C, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at 305-451-1888, e-mail: info@hawkassociates.com . An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com . To receive free e-mail notification of future releases for China 3C, sign up at http://www.hawkassociates.com/email.aspx .
Forward-looking Statements:
Certain of the statements set forth in this press release constitute "Forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements, including, without limitation, those under "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7. In some cases these statements are identifiable through the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "can," "could," "may," "should," "will," "would" or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward- looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward- looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward- looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.
For more information, please contact:
Investor Relations Contact:
Frank Hawkins and Julie Marshall
Hawk Associates, Inc.
Tel: +1-305-451-1888
Email: info@hawkassociates.com
Website: http://www.hawkassociates.com
SOURCE China 3C Group
URL: http://www.china3cgroup.com
www.prnewswire.com
Copyright (C) 2007 PR Newswire. All rights reserved
-0-
KEYWORD: China
INDUSTRY KEYWORD: CSE
TLS
CPR
MLM
REA
OTC
SUBJECT CODE: ERP
Can someone post L2's? TIA
This is huge $$$! Thanks for the link.
Where have all the bashers gone?
Are we merging with a private or public company? TIA
just got in. can anyone recap what has happened?
Nice find.
This is way oversold. When this starts to run it will run hard like in the past.
Is Town Hall down for everyone, or just me?
EFGO reverse merger rumors floating around. Keep your eyes on this one. below is a post from efgo's town hall website.
11.16.07Special Purpose Corporation EstablishedPosted in Announcements at 9:23 pm by adol77dai51
Esprit is pleased to advise that it has successfully set up a Special Purpose Corporation. Special Purpose Corporations are legal entities established with a very narrow focus of allowable business activities.
Based on advice of our legal counsel in Hong Kong, it was established that a Special Purpose Corporation would be required as a vehicle should Esprit wish to acquire a Chinese company in an acquisition or reverse-merger.
This puts Esprit in a position to capitalize on opportunities that have been developed over the last several months within the Chinese market.
The Company will provide further updates as appropriate.
I got in yesterday. Should be $$$. If I recall they make most of their money in the 4th Quarter.
So whats going to be the play of the day?
Anyone know if they are still planing on uplisting to a higher exchange this year?
Maybe he was phone tapping EFGO. Just kidding :)
Check out the latest filing on pinksheets (oct 31, 2007). Someone had a lot of money to spend on EFGO.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=efgo
NEWS from Town HALL!
10.26.07Check 21 UpdatePosted in Announcements, Investor Relations at 1:19 pm by adol77dai51
Esprit is pleased to announce that testing of its ability to clear U.S. denominated checks within China using Esprit’s Check 21 hardare/software solutions was completed earlier this week. These tests were a complete success. The Company is now in a position to begin rolling out the service to our Chinese clients.
A full debriefing and plan of action on all of the projects underway in China will be conducted upon Mr. Winters returns. The Company will then release additional news at that time.
Moving again today
Ameritrade got divi's weeks ago too.
More Town Hall Updates!
My Ameritrade account is showing the HVLN divy symbol N/A
I have Ameritrade no divy yet
Europe = Date first/Month/Year
NEWS - Indians kicking Yankee A$$