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Friday, January 11, 2008 2:03:41 PM
"We are executing a number of transactions simultaneously.Good Life was recently acquired by Esprit Financial. Its assets, including Good Life, are being sold to a separate Pink Sheet shell company that will meet Pink Sheets’ Pink Checkmark disclosure requirements. Note, as reported earlier today, the IFGX division will remain in the current company. The new Company will be controlled by Good Life China, with Ms. Dongmei Jia as CEO.Esprit has undergone a name change to MonArc Corporation, and will receive a new ticker symbol and CUSIP number shortly. This is in anticipation of a reverse merger with Canden Financial Group. Upon completion of the reverse merger, Steen Elgaard will become the new CEO, and Garr Winters will resign his position.
EFGO (MonArc Corporation) shareholders will receive a special stock dividend in the new Good Life China company, in addition to their share holdings in MonArc.
We hope this clarifies things and reduces any confusion regarding these transactions."
http://goodlifechina.com/townhall/
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