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.
READ IT YOURSELF - your ALL READY A PINK SHEET maybe not reporting but in any word you try and flip it's about PINK SHEET PERIOD ..so go on tell some more BS and get the dumping started !!
They ARE NOT UPLISTING - PINK SHEETS PERIOD, oh your back to smooth it out - well people can READ, and see what you are now ...> SO MY WORK IS DONE !!!
make sure you post all of it just incase someone has questions ??
North American Operations:
At this time, the plan calls for the North American operations to continue on as a separate
division. These operations will be monitored as profit centers, and on the assumption that
they continue to operate profitably , the division will continue to roll out its expansion
plans in line with previous announcements.
In the 1st quarter of 2008 EFGO plans to reposition the IFGX division to return it to a
B2B sub prime lender and factoring business including invoice discounting. Although
IFGX has provided us with great results in its short lifespan as a company broker, new
legislation recently came into effect that limits the number of transactions that IFGX
would be allowed to execute to a maximum of 2 per year, every other year.
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.
I got some right now:
1) How many shares is the shareholder that said they had 46.1 MILLION shares going to have AFTER THE REVERSE INTO THE SHELL ??
2) What happens IF IT DOES NOT MAKE MONEY ???
NO BUYBACK - OH WAIT they have been buying back with all these SILLY PRICES, wonder if that was BEFORE THEY DUMPED THEM INTO THE MARKET FIRST ???
Oh how I love it when a PLAN comes together !!! Lots of posts about BS tonight - where you guys at now ???
Tell the company how you feel, see if they take your calls - email them ....!
But then again they said SPC before right? I am sure, just no-one was a listening uh?
Uplisting:
In order to execute the reverse merger with Haorizi, it was necessary to set up a Special
Purpose Company (SPC), as previously announced, due to the Chinese regulatory
environment. The regulations related to SPCs mandates that the Company can only begin
trading as a Pink Sheet company, and preclude uplisting to an OTCBB or major
exchange.
Not even using EFGO SHELL - UMmmmmmmmmm !!!
Wonder what your shares are going to be worth, don't even know the name of the shell - well they're not going to say for now - just like them, keeping shareholders in the DARK !!
Well I have had time to cool off -
CEO does not have to tell us his plans, does he?
CEO does not have to have the majority shareholder approval for AS increase, does he?
Mike how about getting the fillings current with Pink Sheets - that sure would build investor confidence for sure !!
Mike how about NEXT TIME - you inform shareholders prior to a MAJOR COMPANY ACTION instead of letting someone trump you !!!
***** ALSO NOTE *******
It is seldom that a person goes to the extent of purchasing a record from Delaware (most companies like this because it is HIDDEN to a point) - I commend this person for wanting to know ALL THE FACTS about the company that he:
Is Investing In
Has Invested In
Is Looking For The Truth About
so, people may say that they are bashing - just as I did - but the fact of the matter is Good or Bad information comes with the Investment and I for one must take it or GET OUT !!!
I have over 300 days before I sell out - this does not mean I am not going to buy or sell on movement - Just that in a little over 300 days I will know whether I will remain for another year.
SO Good Luck To All on this INVESTMENT !!!
GLTA EFGO shareholders !! TIME SHALL TELL !!
http://pinksheets.com/pink/quote/quote.jsp?symbol=EFGO
Unsolicited Quotations
When you see the word “unsolicited” as part of a stock quotation page on a website such as the Pink Sheets (marked as “unsolicited”) or OTC Bulletin Board (marked as “U”), you should be aware that the quote is not necessarily a market maker’s own quotation reflecting a price based on market conditions or current information about the company being quoted. Instead, it is a quotation that a market maker posts to reflect an unsolicited order by a customer. So, if you and anyone calls his or her broker, or places an on-line order for the stock – without the broker’s promotion of the stock to that individual – that order would be posted at the customer’s own designated price and marked as an “unsolicited” quotation. It is important to be aware that the individual placing such an order may not be relying on current information about the company – which is vitally important before making an informed investment decision. The individual may unwittingly be relying on bogus pricing and false promotional information from spam email or faxes. Worse yet the individual placing the order – while appearing as an unsolicited member of the general public – may actually be in league with the fraudsters. That’s frequently how the fraudsters get the public market started out of the blue, and how they are able to generate the appearance of investor interest and trading volume. So when you see the word “unsolicited” in reference to the quotation’s status, you should be cautious and find out whether there is current information about the company before you buy or sell the stock.
If a company’s securities are listed on a stock exchange, the company is subject to certain reporting requirements – including making audited financial statements available to the public. If a company’s securities are quoted on the OTC Bulletin Board, the NASD requires the company to comply with certain reporting requirements. Companies with securities quoted on the Pink Sheets, however, are not necessarily subject to reporting requirements.
In addition, companies may have quotations for their securities posted on a quotation service such as the Pink Sheets or the OTC Bulletin Board, as long as either:
(1) A broker has gathered and reviewed information about the company, and has demonstrated it did so to the NASD;[1] or
(2) The broker submits a quotation for posting that represents that the customer’s interest in the security was not solicited by that broker. These quotations thus are marked as “unsolicited” quotations on a stock quotation page, such as the Pink Sheets or OTC Bulletin Board.[2]
In short, if you are interested in a stock that you learned about through spam e-mails or faxes, you should ask your broker whether the company is subject to reporting requirements and has made current reports available. In addition, for stocks quoted on the Pink Sheets or OTC Bulletin Board, you should ask your broker whether any broker has done the requisite fact gathering on the stock (i.e., whether a Form 211 was filed for the company) – or whether quotations are being posted in the Pink Sheets on an “unsolicited” basis only. If the company’s stock is quoted on an “unsolicited” basis only, you may want to consider more carefully who was calling this security to your attention – particularly if the source is a spam email or fax - and what information that source is using to calculate the price of the quote. If the source is spam, be alert!
This is a start-up coporation at this time - I am intersted in it because of the fact that it has 100 Million Common shares unlike other pink sheets that have 1 BILLION + ..> I don't think they will ever trade but we shall see !!
They are selling shares but you must go through your broker I think to purchase them, once again I am not sure and I DO NOT FEEL at this time it would be wise to purchase - but each to their own !!
K - your about the only one that seems to understand - this being a RM, the company (EFGO) does not need to buy anything, the shorts ( I still can not believe that they continue to say people are short at a price of .0001 -.0003 ) , and the RM'er is buying shares. Once they determine the AS/OS/FLOAT that is wanted, thats what they will get - their not going to buy back shares from EFGO or their shareholders - shoot they have already fronted them 5 Million.
When it does RM - the price may go up after people start buying it again - but the people that hold EFGO are out, whether it is 10-1 or 10,000-1 reverse ....> then it starts all over ......> people start saying AVERAGE DOWN, it will be ok !!
Lighter note - wonder if the 604 MILLION share man has sold for a double yet or is he waiting for a triple !!!
Best of luck with this and any other Pinky you have !!!
Once again, your ignorance is showing...
Link to all recent filings.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=EFGO&tabValue=4
As for back to back PRs...show me a pinky that discloses all the details of their deals. In fact, show me one that discloses as much as EFGO has disclosed so far.
THIS IS FOR PINKSHEETS NOT THE SEC - ONCE AGIN YOUR IGNORANCE IS SHOWN !!!!!
sorry I don't want them now or in the future - I have SOLD OUT, I'm not taking no more lies. This company could have let them RM into a shell and sell them what-ever assets that they would PAY FOR (5 MILLION UP FRONT) but NO, they are RM'ing into them ..........> FISHY to say the LEAST !!
People if you on the fence and people keep saying buy buy buy and ta do moon ......> you do what you want, but you better look into a REVERSE MERGER, almost like a REVERSE but one thing is for sure, the price stays the same and YOUR SHARES GO AWAY !!! Good Life is not going to give you anything, and EFGO has already taken away so THINK ABOUT IT before you HIT THE BUY BUTTON !!!
this company does not file - they could have continued to do as they were SUPPOSE TO which is file- but instead on MAY 17 2006 felt it best to KEEP EVERYONE IN THE DARK http://pinksheets.com/edgar/GetFilingHtml?FilingID=4428908
why do you think that - so they can do just as they are now - why no back to back PR - telling the shareholder what the COMPLETE DEAL WAS, leaving you to guess - well when it happens .................> IT IS TOO LATE !!!
I did own and sold - does this answer your question - so what I held since april and am fed up with the BS - you think a RM is GOOD you stay in - matter of fact do you or the other person OWN ANY !!!!!!!!! you trying to PUMP to get it HIGHER !!!!!!!!
your shares are going to be worth what the market says they are worth - this is not a reverse where the do a 1000 to 1 and the share price goes to .1 - the shares are gone when the merger is done .....>
Truth is bashing ???? The company that everyone here was pissed off because of no news, lies and along with dumping shares into the market while they said they were buying at silly prices ......> The truth that you people continue to say oh it is going up and up and up - well it might be good for a flip but when the RM is done, so won't your shares.
No way is a company going to pay 5 million for some assets and still keep a float of 11 billion shares
NO WAY can a company with 11 BILLION SHARES uplist to another exchange (maybe otcbb oh wait thats the pinks anyway)- you better read up on that one !!!
YOU KNOW THEY CAN - the company is public just not trading, it still has stock and you still own shares well unless they pull a PAIM and buy your shares back at .00000000001 !!!
The company has ***** SUPER VOTING SHARES ******** nothing and I MEAN NOTHING is going to stop this company from cutting the share structure to what GOOD LIFE wants ....> and if you think that they're going to say oh those poor shareholders of efgo, lets not do it to them ....> YOUR WRONG !!!!
no internet in russia !!! or was that africa - shoot who knows, I do know one thing and that is " I GOT SCAMMED " but as they say "don't use the MILK MONEY DEAR" - oh ya one more thing, Ole Frankie boy will meet the "JUDGE" - and I'm not talking "LAW" either .....> good luck on other investments or should I say LOTTERY's !!!
just put a sell order in at your desired price and have nice holidays !!!
yes they do - but how are you going to sell it ???
RM into a shell and get 90% - if shell has 10 billion shares outstanding that means they get 9 BILLION ......> how are the going to get 9 BILLION SHARES - by using the SUPER VOTING SHARES and REVERSE so the stock has 1 BILLION so thats 10-1 ....> now if the company has too many shares out to do that, they have to go farther 100-1, so now its 100 million .........>>> and so on - only the company knows how many are out - the other company can say we want only a certain number of outstanding ( which is what I would do ) and what does that mean for efgo shareholders - your 30 million has now turned into 30,000 shares at 1/10,000th the price !! so buy more and average down :-} hahahahahah
If you bought into this company without doing your own DD - you better start now - Look up RM's and what happens when a company wants to go public, look at the lies that have been told, the time lines that always get pushed back. I understand all about the internet and the 2-3 people that have multi names here posting all the so called good DD, just waiting for someone new so they can talk it up while they sale, knowing full well whats is going to happen - so be it people >>>> All people have to be over 18 to buy stock, make your own choices in life - GOOD or BAD - only you will know !!
Just a note on this one - 4,000.00 invested and now worth 40.00 - unless they give me enough shares in the sell of the mines I STILL LOST - but I have only 40 now so who really cares anymore.....> I thought it was good that he doubled the stock and continued to say NO REVERSE - then what happens 2000 to 1 >>> and drops from .10 before I can get 1/2 of my investment to .001 ......> so let it ride and - GOD WILL SORT IT OUT !!
I don't have any and never felt the need to voice anything - but when I see people pumping a stock it makes me sick, such as ta d moon and up up and away - for those that are here and are new, you better read up on RM's - and think about ...> If you were a company that paid 5 million up front - and has 11 billion shares outstanding, what do you think they are going to do ??
I did not say that the new company is going to dilute !!! I said the new company is not going to let efgo shareholders have 30-90% of THEIR COMPANY, that they paid 5 MILLION UP FRONT FOR !! Shoot for 5 million they could have bought a CLEAN AMEX SHELL and went on with their business - I understand that they bought EFGO and got a PINK SHEET COMPANY that is in default of their state filings but why not rip them off too as the shareholders have been !!
I am NOT A DAY TRADER - I really thought that THIS COMPANY WAS GOING SOMEWHERE. If they would have made a deal to sell a shell GREAT, but when they decided to RM into another ....> WHY ??? What is or was IFGX for?? Oh I got it, so the company (EFGO) can start all over again !!!
No info out just as before, string you along - thats all I have seen now since April. Just tired of it
Hope you all pick your price and get out - shoot I hope you make a MILIION DOLLARS FROM THE RM'd COMPANY, but do you really think that the CHINA Company is going to let efgo shareholders reap what they have worked for ??? If so - you might want to WAKE UP !!
GOOD ONE !!! The share count really does not matter, WHY ?? Lets SAY "SUPER VOTING SHARES TOGETHER !!!" Those shares can and will clean this out for them !!
K - how many times have you seen it? One company merge into another and let the shareholders of the merged company have more than their shareholders, matter of fact - ANYTHING !! I have been in them - one thing done is CLEAN OUT, and get a STEADY PRICE .....>
Shoot I don't care who - as long as it is not one of the CROOKS that has been running this scam so far !!
I thought a deal would come - but NO RM, thats the same as a REVERSE. If you think that the other company is going to pay 5 Million and give 30-90% of their company to efgo shareholders you deserve whats about to happen !!
Just think - ask anyone here that has been into the pinks for awhile, when a reverse comes what is the company really doing ??? Cleaning shareholders for a new run - same thing is going to happen here ....> NO WAIT , I am a china company and I want to merge into your company and forget about MY SHAREHOLDERS, pay 5 MILLION UP FRONT and then GIVE ALL YOUR SHAREHOLDERS MORE !!!! GET REAL ...> if it goes up, pick your exit and don't look back
For all that buy into this - I hope it does go up so you make money, but you better get out before they merge ....> Do you think that the CHINA Company wants efgo's 11 BILLION SHAREHOLDERS draining their pockets - THINK NOT !!
EFGO shareholders have NO RIGHTS - what do you think the SUPER VOTING SHARES ARE FOR !!
There you go - I like that, but do you UNDERSTAND IT ??? **** A PRIVATE COMPANY ACQUIRES A MAJORITY STAKE IN A PUBLIC COMPANY ***** and who do you think is going to get the big shaft for the SHARES !!!!!
what are you talking about - MM's - LETS JUST SAY THIS WAS SHORTED .......> IT WAS UP AT .0019 at one time ...> if from this point they shorted to .001 ............WHY NOT COVER AT .0002 , I AM SO SICK OF THIS SHORT THING ON EVERY STOCK BOARD, it makes me SICK !!! Their 4 BILLION SHARES IF SHORT ARE IN THE COMPANY's HANDS ANYWAY !!!!
Hey I really could care less if you sell or buy, I have read the post's and the ones that I seen continue to DOWN PLAY what MIGHT HAPPEN, what CAN HAPPEN, and IMHO WHAT WILL HAPPEN.
Any business that does a RM into another company will want to be able to raise capital and recoup their cost for doing so - if they don't then thats not smart business .....>
in order to do so, WHO do you think is going to PAY??? The common shareholders of the company getting RM'd thats who, yep I hope you guys get in and out and in and out (remind you of anything??) before it does happen - so why not tell it like it is - seems people know but feel the need to NOT SAY !!
Really - I sit here this morning , 41 Million in I think under 3o minutes of time; with a couple of SMAAALLL sells and NOTHING, but still had a 1 X 1 ....> mmmm fishy to me, what u say?
IMHO : Just another pumper for the 604 million share man - the company is dropping whatever they have left to empty the till out and the ones that know are getting others to buy whilst they sell. No more post for this one - no hope - not wasting any more Kching on it thats for sure !! GLTA