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Bid .0004 - Ask .0006 - Got more fills at .0005
I picked up 500k at .0005 - put in another order also.
Had an order in all day for .0005 - no fills yet!!!
Why is the price of EFGO sill at .0006
I'll be putting more money in my Scottrade Account - Will buy
more on Monday, been selling another stock for cash.
I have the bid at .0006 and the ask at .0007
I just got a filled at .0007 for 500K shares
Just a chance to buy more - No one can predict the price today!
Anyone getting fills at .0004
Does anyone have any ideas of what is really going on. Prices
still haven't gone up. I'm think it time to slow with the
buying and get some ideas with this PPS.
When is this thing going to take off - It's to easy to get
fills now. How much can one buy before something happens?
I have seen this before, most pink sheet companies do this.
It's good to have a sense of humor
yes
Bought some more shares at .0005 - looking forward for the price
to start moving up. I've been buying everyday at these prices.
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Releases Financial Statements for 1st quarter 2007
LAS VEGAS, May 15, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit Financial
Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com released its
quarterly financial statements today.
The Company made significant progress in the last quarter of 2007, showing a net
profit of $2,753.00 versus a loss in the previous quarter of $168,409.00, an
improvement of over $170,000.00. Income increased by 25% in the current quarter.
The net profit includes $40,000.00 in accrued development costs. On an adjusted
basis, profit, excluding planned web development, would be $42,753.00, or about
$.07 cents per 100k shares outstanding.
With a commitment to running a lean operation, the monthly burn rate (operating
expenses) has also been reduced by about 28%. Key savings have been achieved in
rent & utilities and salaries, wages and benefits partially offset by
outsourcing website development. The savings achieved are in excess of
$70,000.00.
Cash on hand increased by $523,307.00 from $342,208.00 to $865,515.00, due to
certain recently announced financing activity and the sale of the Global-Vision
company.
Importantly, the current revenue run rate is adequate to maintain ongoing
operations as an ongoing concern.
Esprit CEO Garr Winters commented; "This is a first step for us, as we move the
Company forward towards our goal of providing a diversified portfolio of
Internet enabled financial products and services. The first quarter results do
not include the revenue streams of any of our new divisions. We do not foresee a
major impact on revenue immediately, but do anticipate gradual and significant
growth of top-line revenue through the rest of the year as the new products and
services go live and begin to ramp up to full operation. In short, we have a
stable base, and envision continued long-term growth moving forward. Our strong
current asset position gives us the ability to execute on our long-term
strategic plan without delays".
Winters added; "We are currently putting some realistic numbers together on a
pragmatic basis to generate revenue targets. This will require some serious
analysis, as many of the contracts being developed can have a significant impact
on overall revenue. Realistically, we won't close every deal we're working on.
Our approach will be to err on the side of caution. We hope to be able to
provide more detailed guidance in the near future".
The financial statements are available for download at the corporate website on
the Town Hall page http://espritfinancialgroup.com/Forum.html and are currently
in the queue to be posted to the Pink Sheets, where they should be publicly
available shortly.
About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a public company
engaged in a diversified number of online financial services.
PayDay Loans: The Company is a pioneer in the payday loan industry, and
continues to develop the most comprehensive menu of services in the cash advance
industry and will retain the Cash Now brand for many of these services.
Operations include licensing of a comprehensive suite of Internet-based payday
loan and check cashing software and private label back end office systems for
the sub prime market, under the Cash Now banner www.cashnow.org. The Company
also operates www.cashnow.net, which generates leads of consumers looking for
payday loans on behalf of our licensees. The company's proven business model
comprises operations in the U.S. and Canadian markets as well as several foreign
markets. Additionally, the Company's website is the most advanced payday-lending
portal, offering key insight to clients and potential clients alike.
Forex: Additionally, the Company's Forex Trading division offers an innovative
low-cost online Forex trading service at www.cashnow.com. The Company acts as an
Introducing Broker for Advanced Markets, Inc., and is targeted to serious day
traders. All transactions are handled on a streaming pass-through basis. There
is no trading desk, and no manipulation of quotes that lag the actual interbank
market. Importantly, traders can continue to trade actively even during volatile
periods that result from major news events of publishing of market reports.
Advanced Electronic Funds Management: The Company's Advanced Electronic Funds
Management (AEFM) division offers Cash Now Check 21 - an advanced checking
clearing service that can significantly reduce holdback periods by banking
institutions, particularly valuable for international markets. Its EM2
(Electronic Money Management System) product is a comprehensive e-wallet capable
of managing multiple bank accounts, remitting funds worldwide and provide
banking capabilities to consumers without requiring that they have a bank
account.
Structured Debt Resolution: This division will offer services that allow banks,
financial institutions and other creditors to invite defaulted clients to
negotiate a settlement online, in a neutral and non-confrontational manner,
bypassing traditional collection calls and mail delivered notices of default.
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
CONTACT: Esprit Financial Group Inc., cashnowcorp@cashnow.com, Investor Relations: (416)
619-0397
URL: http://www.prnewswire.com
www.prnewswire.com
Copyright (C) 2007 PR Newswire. All rights reserved
KEYWORD: Ontario
INDUSTRY KEYWORD: FIN
OTC
Just waiting for the afternoon news
500K
Just got a fill at .0006
I have been trying - no fills at .0006 yet
Just got filled at .0004 - That's enough shares for this week.
We'll be buying more next week?
Looking to buy at the bid .0004 -I'm holding this for the long
term!
Got filled with 500K with Scottrade
Bought some more at .0005
The CEO was just on the boards just a while ago -
Message 39398
I will keep on buying, there is not reason not to. If someone
has one let me know.
What do you mean by criminal and who is this big buyer that
everyone is talking about?
I still see a ask of .0006
Does this mean that everyone should buying now and if so, what
is the chance prices might be headed lower again. Is this stock
still a gamble?
Where is this information coming from - is there an email
service.
Have open orders to pick up some at .0004 - I'm patient and
who knows.
Also the technicals are still going down, so unless any major
news comes out, it will drift lower so the charts can give a
buy signal at some point.
Getting more fills at .0005 - If it drops to four and will then
add some more.
It would be nice to hear what Keith had to say, how low will the
MM drive to price down to a stabilized level.
After listening to the interview, Mr. Winters stated that it will
take time for everything to happen and also the company will look
different at the end of the year.
Just got filled for shares at .0005
10:30am central time
Still looking to buy at the bid price
I had no problem registering, I'm waiting for the interview
this morning.
What is the bottom line here, if prices keeps going lower should one just keep on buying and is a R/S just a matter of time. I have seen this with other pink sheet companies.