Replies to post #82349 on Flexpower Inc. (FLXP)

[JoeyClams]

Funny. I did a google search on Canden Financial and didn't get a single non-efgo related hit.

One is left to wonder if it really exists.

[herbalife13]

EFGO knows what their doing Look at this

China Has Over 100 Billionaires!
15 10 2007

Ta ma de! Remember that China is a country where a good percentage of the population still lives on $2 or less a day and the average income per years (even with purchasing power parity) is less than $8K a year, real dollars are $2K a year. Mexico by contrast has 1 billionaire and $11K (PPP) per capita, real $8K per year.

http://pmsol3.wordpress.com/2007/10/15/china-has-over-100-billionaires/

[herbalife13]

We are currently a self-sustaining company, and debt free

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Forward Guidance For Canden Financial Group Inc.
via COMTEX

December 18, 2007

TORONTO, Dec 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

Esprit Financial Group Inc. (EFGO.PK) www.espritfinancialgroup.com is pleased to announce forward guidance for Canden Financial Group Inc. (Canden). Canden is in a pre-acquisition stage to join the EFGO soon after EFGO vends out its current assets to a reporting issuer, as per previous news announcements.

Canden provides financing services related to the rental or lease of specialized beverage control solutions for the hotel and hospitality industries, on behalf of a Denmark manufacturer with which Canden is associated.
This includes advanced beverage dispenser tracking systems that monitor, report and provide inventory control over beverage dispensing in a restaurant or bar environment.

In announcing the update, Canden's President and CEO Steen Elgaard stated,

"We are currently a self-sustaining company, and debt free. We see ourselves off to a solid start in Fiscal 2008, under the EFGO banner with our current guaranteed revenue coming in much higher than anticipated.

We anticipate a solid but stable growth that will end the fiscal year revenue of approximately $900,000.00 with a potential growth beyond $5 million in revenue for the fiscal year 2009, maintaining net profits in the range of approximately 27 to 28%.
To date, two contracts are signed with distributors in Canada and USA.

The distributors market and sell POS and calculation, profit and control systems directly to restaurants and bars across Canada and USA, and we have distribution channels in place to ship systems direct to clients. Restaurants have the benefit of getting equipment financed, and build the rental cost into their hard earned cash-flow part of their operation. With a unique and specialized rental model, Canden is positioned as a very attractive financing business with growth in the area of 30 - 50% per year.

We are currently exploring various financing proposals and options that will enable this growth sustainability, and different ways that this rapid growth will reflect into our future share price, without dilution of our equity."

The Canden acquisition is contingent upon the completion of the asset sale and up listing of Esprit with China Good Life, which EFGO management expects to complete shortly. EFGO will then move forward with the Canden business unit as the primary operating business.

In other company news, Esprit CEO Mr. Garr Winters added, "I wish to take this opportunity to update our shareholders on the status on the asset sale and the up listing of Esprit with China Good Life. We are on schedule to finalize the transaction as planned and as announced previously, that being on or before December 31, 2007. The unprecedented news coverage received in China in Hebei Province, plus the radio and news print of the EFGO merger with Goodlife, has brought on exceptional interest from China, the Chinese community, and different entrepreneurs all across USA, Germany, Canada and the west.

This in itself has presented the EFGO management a very unique opportunity. We have been contacted by several already trading, and reporting issuers offering, the up listing of Esprit assets with China Good Life into their entities. Some of these offers have indeed caught our attention, and we wish to take a time out or a day or so to examine all offers and all available options to us before making the final decision.

We feel that to simply ignore these proposals would not be in the best interest of all concerned, and unfair to our shareholders. If the Christmas holidays were not upon us, it probably would not be necessary to make this announcement. The matter is compounded by the fact that our legal and corporate advisors will be operating on a holiday schedule from Dec. 21, 2007, to January 3rd, 2008. Again, our skeptics should not read into this as anything more than the message is, that being that we wish to examine all the available options, and to choose the best option that will benefit all concerned."

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 Specialized Investment Banking and Financial Advisory Services.

About Canden Financial Group Inc.

Canden Financial Group Inc. provides financing for the lease or rental of easy-to-use and affordable profit control systems that control and monitor wait staff performance in hotel and restaurant bar settings. The systems provide protection against retail shrink from practices such as over-pouring, give-aways or theft, as well as monitoring inventory levels to ensure an adequate supply of beverages are available as needed. The Company website can be found at: http://candenfinancial.com.

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

Copyright (C) 2007 PR Newswire. All rights reserved

[herbalife13]

All the Facts on EFGO, Canden and Good Life

IMO the Canden deal is a big as the Good Life deal.

Canden CEO
"We are currently a self-sustaining company, and debt free. We see ourselves off to a solid start in Fiscal 2008, under the EFGO banner with our current guaranteed revenue coming in much higher than anticipated.
We anticipate a solid but stable growth that will end the fiscal year revenue of approximately $900,000.00 with a potential growth beyond $5 million in revenue for the fiscal year 2009, maintaining net profits in the range of approximately 27 to 28%.
To date, two contracts are signed with distributors in Canada and USA.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25385954

Canden Growth in the area of 30 – 50% per year and
Steen Elgaard’s Summary and BIO
Steen Elgaard’s Summary
Sales & Marketing for 15 years with demonstrated and proven exceptional results.
Worked in 15 cultures mostly in Europe and North America and in different business sectors such as Sports equipment, lumber, software, proffessional business administration, food and beverage solutions etc. Steen Elgaard’s Specialties:Our industry advantage is displayed via advanced technology and development and providing products that are superior to the competition.

Steen ElgaardPartner: HoResCon North America Inc
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25375311


15 10 2007 China Has Over 100 Billionaires!
Where is Good Life located, in China
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25384095

RETAIL STORES Seven Eleven here we come!
From corporate stores to franchise model http://www.goodlifechina.com/eglchina.php#retailstores

YouTube Chinese news coverage of the reverse merger of Esprit Financial Group and Haorizi/Good Life (China)

Pics on Haorizi corp site. http://investorshub.advfn.com/boards/read_msg.asp?message_id=25005940

Overview of Haorizi: http://www.goodlifechina.com/eglchina.php

What timing for Haorizi/Good Life (understatement)
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24969500

I believe our shareholders will be pleasantly surprised. I know this is worth repeating, soon after the closing of the asset sale and the SPC transaction, EFGO shareholders will retain all of their shares, and in addition they will receive additional stock with the reporting issuer.About Esprit Financial GroupInc DEC 12,2007.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25253363

NYSE CEO highlights China's importance December 10, 2007
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25196542

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Memorandum of Understanding to Acquire Canden Financial Group Inc.DEC 10, 2007
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25165916

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Plans for Forex Division Friday December 7, 11:46 am http://biz.yahoo.com/prnews/071207/to291.html?.v=60

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division Friday December 7, 2:30 pm ET http://biz.yahoo.com/prnews/071207/to293.html?.v=61

LAS VEGAS, NV, Dec. 3 /PRNewswire-FirstCall/ - Esprit Financial Group (Esprit) CEO Mr. Garr Winters announced the Company's intent to achieve fully reporting Pink Sheet company status.Once the Company merges with the fully reporting entity, we will immediately apply for a name change to Good Life China and a new Ticker symbol
http://biz.yahoo.com/prnews/071203/to476.html?.v=26

BEIJING, Nov. 28 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) is pleased to announce that it has signed a firm and binding agreement to complete a reverse merger with Hebei Haorizi Company Ltd., a China based company.
http://biz.yahoo.com/prnews/071128/to400.html?.v=32

Business Plans call for a total of 4,000 franchised stores (an increase of 250%) and a total of 8 logistics centers (up from 3) by the end of 2008. Within Hebei Province alone, the Company estimates market demand for another 6,600 stores.It is the intention of EFGO management to use the proceeds from these asset dispositions to buy back shares of EFGO and retire them to treasury.
http://goodlifechina.com/townhall/

Net Profit is currently projected to exceed the fiscal plan of $2.29M million USD for the 2007 fiscal year by a significant margin, and increase to over $25 million USD by 2011.
http://www.goodlifechina.com/about.php

As mentioned (probably too briefly), China's Commerce Minister has initiated a policy to help the rural provinces catch up to the gains of the cities on the east coast, Beijing, Shanghai, etc. in a Universal Rural Retailing Network.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24969500

GoodLife wants to be listed in US Stocks Exchange and no one can stop this.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24968525

With 4.9 billion now estimated to be long with 142 Ihubbers and 260 shareholders unaccounted for whats going to happen when the transfer agent realizes that the float is underwater.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24975991

Nasdaq opens office in Beijing to lure more Chinese firmshttp://english.people.com.cn/90001/90776/6314036.html

NYSE to inaugurate Beijing office next weekhttp://english.people.com.cn/90001/90778/6313968.html