Friday, June 29, 2007 11:26:46 PM
"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...
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