Replies to post #352 on eFotoXpress (EFOT)

[thekid22]

Is this what you wanted Jimmy..........Dear Fellow Stock Holders:

There are many reasons why we decided to chose Singapore as our Head office (or perhaps our Regional Office if things changed later). The Government welcomes foreign corporations to set up Bio-tech companies. There are numerous programs offered by the Government. For instance the Government will provide millions of dollars for Research and Development, tax holidays for many years and numerous other programs. We intend to open an office in the Science Park in Singapore where we will make the vaccine for osteo arthritis. We will also make the vaccine for pigs. I have already provided you with some information on this.

eFotoXpress itself will continue to market the medical products in Asia. Singapore is the ideal location especially when we are serving countries like the Philippines, Thailand, Malaysia and Hong kong. We will be able to provide support to our vendors and clients within 5 hours when called. As a financial center, Singapore is second to none. We do not have capital gain taxes and we do not have monetary restrictions. One can walk into a bank and withdraw millions of dollars without ever having to worry about completing Treasury Forms. We can send remittances irrespective of the amount to anyone we wish. The Singapore Government is a great supporter of entrepreneurship. They have one of the best infrastructure for business. Every one has predicted double digit growth in Asia in the coming years. I think we will be making a bad decision if we do not ride with the wave.

We have solicited Goldman Sacs in Singapore to participate in our program and having a big name like Goldman Sac is definitely a plus. We have not forgotten about the US market. As soon as we received funds we will invest several millions to building up strong marketing teams. We will spend some money in advertisement so that our product will be known in the medical industry. The United States is still a major market for the DCM Systems. We will continue to exist here in Fremont, California. We will also bring our pharmaceutical product to the US.

In Singapore we will hire top notch sales executives who will travel around the world building up markets for all our products. We intend to continue to pentetrate the European market and also into Australia and New Zealand.

The funding for eFotoXpress should be in place before the end of this month. The Registration of the New Company in Singapore can be completed before the end of February. The merger of all the three entities should be completed by the end of March. Share certificates for the new company will be issued following the completion of the merger. I will be spending most of my time in Asia this year to oversee this program and if you need to contact me the best way is by e-mail. I need all your blessings and say some prayers for the company.
While all these are going on we will continue to aggressively sell the DCM systems and hopefully the vaccines and the pig farming product will also help generate huge revenue for the company. These are the time lines set up by the partners and are subject to changes. If there are major changes I will notify you.

Thank you and we should be on our way to a successful 2008.

Regards

Edward Tan
CEO

[thekid22]

Also..........From: "Edward Tan" <[e-mail]>
To: "Edward Tan" <[e-mail]>
Subject: Update
Date: Thu, 3 Jan 2008 01:32:26 +0000

Dear Fellow Stock Holders:

Let me take this opportunity to wish you all a very Happy and propserous new Year.

I have just returned from my overseas trip and I have lots of good news for all of you. In the past two months while I was away, I spent most of my time getting new customers. I have mentioned that this is the only thing we need to do for the next 18 months - get revenue. We have been extremely successful in opening more sales to more hospitals in many more countries. In 2007 I can conclude that we have booked over $9 million in revenue. I expect to do about $20 million for 2008. This will come from the sales of the DCM system and alot of this revenue will come from the sales of the work stations. I have been told by my Indian and Dubai distributors that they expect to contrubute $40 million in total sales. I hope this is true. I will look at their marketing plans in late January when we meet to discuss logistics issues about shipping and integration.

At this time we are already preparing to ship over 20 systems to the countries that I visited in the last three months. This is about $5 million worth of revenue. This is the start of many good things.

I am in the final stages of making some restructuring of the company. I have agreed in principle to allow three major investors to the company, namely the Silverdale Services, Barclay Capital and Goldman Sacs. I am in the final stages of preparing the balance sheet of 2007 and allow to mail them the past three years of tax returns. Once they see that we do not have any liabilities they will go ahead and fund this company $25 million. The money will come in the form of a loan stock which is convertible at $2.00 a share. I expect a 20% dulition but it will not matter as this will bring about a higer stock value. The proceeds will be used to purchase a much needed software to add to our DCM system so that we can sell the product better. The rest of the money will be used to keep the company alive. We are seeking legal advice from our SEC attorneys to move this company to Singapore. A new company registered in Singapore will b e formed to absorb eFotoXpress in its entiety. Then two more companies will be added. One of them is a pharmaceutical development company. This company has developed a drug that will slow down degeneration of the bone in old people (like me). Bone degeneration is one of the causes of ostro-arthrithis. The other is a vet product. I have attached an article for all of you to see. The pig farming industry in Thailand and Philippines accounts for 1/3 of the world's production.

When all of these are put to place, we will become a real big company. In Singapore we will be hire management staff, sales people and we will move our R and D there. By July 2008, we hope to seek listing in Singapore by way of an IPO. I am asking for $8 a share with 25% of your shares to be part of the IPO. In other words if they agree to go out on an IPO, then you can sell 25% of your shares to them at $8. Then you can keep the rest and sell in the open market. I expect that they will lock all our shares for a six months period. I am trying to negotiate for 3 months instead. Listing is definitely a must and this is not an option no more. We need to increase our capital base as we begin to grow.

Moving to Singapore has been seriously considered because of the immense cost in maintaining a public company in the USA. Our partners also see erosion in the stock market in the USA and see a boom in Asia. Not only was cost an issue but also the listing requirement which can eat a lot of time of the CEO and the management. Most important of they all see a poor financial scene in the next three years in the US.

All the paper work should be ready by middle of this week and I will immediately call for a stock holder meeting to approve the move.

Once again thanks and this is definitely going to be a great 2008.

Regards

Edward Tan
CEO

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