Replies to post #2587 on EGPI Firecreek Inc (EFIR)

[highlycynical]

You are wise to follow up to see if they do what they say they are going to do. Companies that establish a track record of doing so generally grow in value. Companies that don't generally lose value as they clearly exhibit execution problems. I'm not holding my breath either on the 30th...

[lukin4winners]

News Terra Telecom completed! Adding $18M revs to the company.

Maybe if this board can take a breath and stop bashing you just might be able to read the news. If you don't like this company why not move on? What's the purpose. It's bottomed now reversal could come with this news.

EGPI Firecreek, Inc. Completes Acquisition of Terra Telecom, LLC
Latest Acquisition Brings Considerable Valuation and Credibility to Parent Company
Sep 29, 2010 6:30:00 AM


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Email story | Discuss on ZenoBank | View more ads SCOTTSDALE, AZ -- (MARKET WIRE) -- 09/29/10 -- EGPI Firecreek, Inc. (OTCBB: EFIR) is pleased to announce that it has completed all final documentation for the acquisition of Terra Telecom, LLC ("Terra").

As previously reported, EGPI Firecreek, Inc. signed a binding Letter of Intent to acquire Terra Telecom, LLC. Both companies worked jointly to complete a rather lengthy due diligence process in order to complete the acquisition by month end. Control of Terra and its operations shall take place at the close of business on September 30th.

Terra Telecom is a leading provider of state-of-the-art communication technologies and a premier Alcatel-Lucent partner. They currently serve various sized companies and organizations that use and deploy communications systems, sales, service, and training while consolidating and optimizing the end user experience. Their goal is to provide customers value and integrity in each of these opportunities. Since 1980, Terra has focused on delivering enterprise solutions while leading with voice services and offering full turn-key solutions that consist of voice, data, video and associated applications.

Dennis Alexander, CEO and Chairman of EGPI Firecreek, stated, "With Terra's estimated revenues of 18 million dollars, a positive EBITDA, a long lasting relationship with Lucent-Alcatel, and a very diversified clientele base, we are confident that this latest acquisition will help transition our company into the vision we initiated with the start of our DOT construction division." He also stated, "As we continue to move forward and add value to our core operations, the business model we created will take effect, thereby showing significant progress and growth to our corporate infrastructure."