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snow

12/02/07 12:24 PM

#77330 RE: heptikus #77318

What does this mean?

"This morning, Hebei good day commercial financing Inc. Esprit Group and the United States signed an agreement restructuring and listing, in accordance with the agreement, Esprit financing Group will advance into 5 million US dollars acquisition of good days 10 percent stake, good day in this way into a private funds , is expected in the 2008 New Year's Day in the United States prior to the listing, then the "good old days" will account for the total share capital of 90%."

Does it mean that EFGO will have to pay 5 million dollars to get 10 % of Good life?

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PayDirt!

12/02/07 5:13 PM

#77405 RE: heptikus #77318

Good article, Did you notice this part?


Hebei good day commercial Co. is expected in the next three weeks inherent listed on the Nasdaq
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stockpicker

12/02/07 5:26 PM

#77412 RE: heptikus #77318

Thank You heptikus all is clear now,

Reading the articles, I think I know the big reason why GoodLife chooses EFGO over other competitors. GoodLife wants the merger to be done on or before December 31, 2007. And only EFGO is the one that has the capabilities to easily do that, not to mention EFGO nice fitting in with GoodLife plans to grow in financial products in years to come.

GoodLife wants to be listed in US Stocks Exchange and no one can stop this.

This is the quote from the translated articles

" Hebei good day commercial Co. is expected in the next three weeks inherent listed on the Nasdaq. "

ant this is the link : http://72.14.203.104/translate_c?hl=en&langpair=zh%7Cen&u=http://www.emkt.com.cn/news/business/2007-11-29/18262.html