$Rig's Platinum Penny Alerts

[Sho-Nuff]

ESPI with an after hours 8k today...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8624211#ESP_EX991_HTM

On May 11, 2012, ESP Resources, Inc. (the “Registrant”), through its newly-formed, wholly-owned subsidiary, ESP Corporation, S.A., a company incorporated under the laws of Panama and having its registered office at Edificio Balboa Plaza, Oficina 522, Avenida Balboa, Panama, Republic of Panama (“ESP”), entered into a shareholders’ agreement with Komo Umbrella Joint Venture Limited, a company incorporated in Papua New Guinea and having its registered office at P. O. Box 6965 Boroko, NCD, Papua New Guinea (“KUJV”), to form a joint venture called ESP KUJV Limited (the “Agreement”). The purpose of ESP KUJV Limited is to pursue, undertake and realize business opportunities within the Komo project area. ESP KUJV Limited has the opportunity to be engaged by Exxon Mobil (PNG) Limited, the operator of a liquid natural gas project in Papua New Guinea, to carry out specialized design and construction works with respect to the development of the Komo international airfield (the “EM Projects”).

ESP KUJV Limited will be established under the Companies Act 1997 as promulgated under the laws of Papua New Guinea. The Agreement outlines the terms and conditions upon which ESP KUJV will operate to carryout its specialized design and construction works for the EM Projects. ESP KUJV Limited will be owned 30% by KUJV and 70% by ESP, respectively.

Great move here for ESPI IMO,
Sho-Nuff