Then this PR on Steve Edwards hired
Mr Edwards is very savy on Reverse Mergers
Esprit Financial Group Inc. (Esprit) (EFGO.PK) IFGX Division appoints Steve Edwards Vice President, Business Development North America
LAS VEGAS, Oct 09, 2007 /PRNewswire-FirstCall via COMTEX/ -- Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com announced today the hiring of Steve Edwards as Vice President, Business Development for its IFGX division, responsible for the North American market. Mr. Edwards has extensive experience in sales development in a number of different industries, including the Financial Sector.
Commenting on the appointment, CEO Garr Winters said: "We are very excited with the way things are proceeding for IFGX. While there has been a lot of focus on our new opportunities in China, we have also made significant progress attracting interest from North American based companies. The IFGX division has been progressing much more quickly than anticipated. We have brought Steve in to take on responsibility for this area and relieve pressure and allow senior management to retain primary focus on business developments in China. Steve brings with him a wealth of experience in sales and he has been very pro-active in taking charge of this important division in the short time he has been with the Company."
Esprit's IFGX.com will primarily provide financial consulting to assist companies wishing to enter the public markets, primarily through reverse mergers with shell companies controlled by Esprit. The division will also provide merchant banking services, providing clients with assistance in raising funds to fuel growth.
Esprit Financial is very bullish on growth with a number of new exciting business opportunities in the offing. Over the last few months the Company has been acquiring shell companies with this purpose in mind.
Winters added: "We are now pretty well geared up to bring a number of projects on line in the coming months. We have also recently launched a website devoted to IFGX - www.ifgx.com - to support the growth of this division".
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
www.prnewswire.com
