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cbuzz247

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cbuzz247

Re: None

Tuesday, 11/20/2007 12:50:25 PM

Tuesday, November 20, 2007 12:50:25 PM

Post# of 10499
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.
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