We also expect to be in a position to close on the Canden transaction, very soon after the SPC and Hebei Haorizi is finalized. In anticipation of this we have asked Canden CEO Steen Elgaard and their team, to prepare a forward guidance outlook which we may issue prior to the closing of the Canden transaction. 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. http://biz.yahoo.com/prnews/071212/to368.html?.v=29
Good Life has just taken over EFGO and lowered the OS and float. They are positioning themselves for bigger markets and institutions who are sitting on the sidelines. Most institutions don't invest in sub penny stocks, but now EFGO is on thier radar screen and just the 95% growth rate and 40% profit margin should have them drooling to get in once the restructuring has taken place. All IMO