Saturday, December 08, 2007 12:04:19 PM
You ask itlogic for “positives”, but we receive misleading and unsubstantiated announcements in PR’s and/or Townhall updates.
EFGO is not RMing with anyone. It is facilitating an RM for Good Life into an unnamed pink shell, and tossing in the only revenue producing business it currently owns, in return for a stake in the new company.
This in itself hardly “SPECTACULAR”, or unusual - but, if I had any kind of hard number verification of the financial situation of this chain of Chinese mini-7/11’s or whatever they are. If there was something like a financial report that I could read - I might be a bit less doubtful about it all, given the divvy we’re told we shall receive.
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