LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com announced today that its CEO, Garr Winters, will be returning to China next week for high-level negotiations on several business projects.
Mr. Winters stated: "We have negotiations scheduled on a couple of deals related to our IFGX division. Our China consultant Robert Xu has advised us that we are close to achieving agreements in principal to with two specific companies seeking access to public markets.
Our local legal counsel has recommended a strategy that can significantly shorten the typical time-frame required to achieve our clients' objectives of accessing public markets outside of China. These two projects will hopefully validate this approach, and we will then be in a position to green light a number of similar projects in the pipeline."
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 IFGX 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
