I agree with you,...."EFGO's now the "good life" Chinese business. It’s time to change gears snow. They have verifiable physical assets to determine the outcome of valuation. Projections are just part of every business model, that's how we forecast future results. These people are getting in on the ground floor here. Look at it from the Chinese prospective, what are they paying EFGO? virtually nothing for the rights to use the current banking softwear and patents to check21 and probably picked up IFGX, ATMbusiness, Advance forex by CN, and Cashnow Networkx, Emerald, Magna, and Renu at the same time. I read somewhere they plan on pushing into the insurance business, loan services, and of course expanding the current retail outlets.
That's a hell of a deal if you ask me. Now what do we get in return? Hopefully..... They'll take every share we own, merge it into the new company for what ever rate and start out rolling on the OTC boards as a newly formed Chinese entity. !!!!"
Posted by: MARINE-1
In reply to: snow who wrote msg# 76526 Date:11/29/2007 1:32:38 PM
Post #of 86163
But according to
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