EFGO & Good Life China - Great Merger $$$$
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Press Release Source: Esprit Financial Group
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division
Friday December 7, 2:30 pm ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com announced that it will be launching a new brand within its PayDay Loan Division; www.MoneyLendingbusiness.com.
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The PayDay Loan industry is undergoing major changes in line with a changing regulatory environment at the State level. MoneyLendingBusiness.com creates a new brand identity to underline that Esprit Financial Group is offering the most up to date licensed software to conduct business in this changing environment.
Esprit CEO Garr Winters noted, "There continues to be very strong demand for 'micro' sized loans at the consumer level. The number of U.S. citizens who are unbanked (do not have a bank account) continues to grow. There is strong need for this type of service, and we intend to continue to participate actively in this market".
Esprit will continue to concentrate on licensing its software, rather than operating on a franchise system approach. Licensees will be able to offer this micro-loan capability as a stand-alone service or as an addition to a pre-existing portfolio of financial services.
Both the Cash Now and MoneyLendingBusiness.com brands will be offered in the market place. Efficiencies generated from utilizing the same back-office software and operational systems means that the new brand has a low break-even point to reach before beginning contributing to the bottom line.
In other Company news, Esprit will be providing updates on the completion of the paper work associated with the reverse merger with Good Life China next week.
Mr. Winters noted, "We are making excellent progress towards having all of the paperwork, as well as the uplisting to a fully trading Pink Sheet Company, completed before the end of the year".
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 Good Life Group Limited.
Good Life Group Limited operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward.
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.
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Source: Esprit Financial Group
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Press Release Source: Esprit Financial Group
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Plans for Forex Division
Friday December 7, 11:46 am ET
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. DBA Good Life China (EFGO.PK) www.goodlifechina.com provided guidance today on future plans for its Forex division.
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Peter Presland, who heads the division, has been working to develop a comprehensive strategy moving forward. Mr. Presland notes; "We had been disappointed with the service levels provided by our current service provider. We have spent the last few months evaluating alternative service providers, as well as a variety of related added value programs and services.
We are now in the final processes of setting up an Introductory Broker relationship with a new service provider, and are beginning work on our new website to offer a seamless investor interface. We are also beginning to lock-in additional relationships to provide added value for traders using the trading platform. Some of these services will generate additional revenues via subscription fees, while we anticipate a couple that will be available at no additional charge to provide a differential competitive advantage versus other Forex Trading websites."
Esprit CEO Garr Winters added, "We haven't been able to give Peter the full support he needed, given the major commitment of management resources within China. Nonetheless, he has been working diligently to put together a first class Forex Trading capability. We plan to have everything in place by January, and get a full year of trading to contribute to the bottom line. There will be additional announcements forthcoming as we begin bringing specific services online."
The Forex division will continue to be held by Esprit Financial Group, and will not be transferred as part of the asset acquisition related to the Good Life China reverse merger when it uplists to a fully reporting Pink Sheet Company.
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 Good Life Group Limited.
Good Life Group Limited operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward.
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.
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Source: Esprit Financial Group
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We will be announcing the date of record for the reverse split shortly.As previously reported regarding the Belize company, the transaction has been structured in the following manner. Asia Pacific Enterprises Limited, a special purpose company incorporated in Belize, has completed the purchase of 100% of Hebei Haorizi Company Ltd. Asia Pacific has appointed Good Life management to act as officers and directors of the corporation
Esprit Financial Group has completed the acquisition of 100% of Asia Pacific Enterprises Limited.
You may find additional information on Canden Financial Group at www.candenfinancial.comWe will be providing additional updates via press release and Town Hall posts to keep information flowing as smoothly as possible.
this is from town hall !
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1 - 24 of 24 actions
Actions\Amendments
Action Type: Correction
Document Number: 20080065801-30 # of Pages: 1
File Date: 01/30/2008 Effective Date:
Previous Stock Value: Par Value Shares: 250,000,000 Value: $ 0.001 Par Value Shares: 530,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 780,000.00 New Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 Par Value Shares: 530,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 1,530,000.00
Action Type: Stock Split
Document Number: 20070773792-04 # of Pages: 1
File Date: 11/13/2007 Effective Date:
Previous Stock Value: Par Value Shares: 2,500,000 Value: $ 0.001 Par Value Shares: 530,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 532,500.00 New Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 1,000,000.00
Action Type: Amendment
Document Number: 20070773794-26 # of Pages: 1
File Date: 11/13/2007 Effective Date:
Previous Stock Value: Par Value Shares: 2,500,000 Value: $ 0.001 Par Value Shares: 1,000,000,000 Value: $ 0.001 Par Value Shares: 530,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 1,530,000.00 New Stock Value: Par Value Shares: 250,000,000 Value: $ 0.001 Par Value Shares: 530,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 780,000.00
Action Type: Stock Split
Document Number: 20070770715-16 # of Pages: 1
File Date: 11/09/2007 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20070770717-38 # of Pages: 1
File Date: 11/09/2007 Effective Date:
Previous Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.001 Par Value Shares: 530,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 3,030,000.00 New Stock Value: Par Value Shares: 2,500,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 2,500.00
Action Type: Amendment
Document Number: 20070770718-49 # of Pages: 1
File Date: 11/09/2007 Effective Date:
(No notes for this action)
Action Type: Correction
Document Number: 20070694247-21 # of Pages: 1
File Date: 10/11/2007 Effective Date:
CERTIFICATE OF CORRECTION FILED CORRECTING THE TREASURER NAME AND ADDRESS OF ALL OFFICERS.
Action Type: Correction
Document Number: 20070545826-89 # of Pages: 1
File Date: 08/08/2007 Effective Date:
Previous Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.0001 Par Value Shares: 530,000,000 Value: $ 0.0001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 303,000.00 New Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.001 Par Value Shares: 530,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 3,030,000.00
Action Type: Correction
Document Number: 20070466616-68 # of Pages: 1
File Date: 07/06/2007 Effective Date:
(No notes for this action)
Action Type: Stock Split
Document Number: 20070465570-96 # of Pages: 1
File Date: 07/06/2007 Effective Date:
Previous Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.0001 Par Value Shares: 30,000,000 Value: $ 0.0001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 253,000.00 New Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.0001 Par Value Shares: 530,000,000 Value: $ 0.0001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 303,000.00
Action Type: Amended List
Document Number: 20070463217-72 # of Pages: 1
File Date: 07/05/2007 Effective Date:
(No notes for this action)
Action Type: Amended List
Document Number: 20070461229-73 # of Pages: 1
File Date: 07/05/2007 Effective Date:
(No notes for this action)
Action Type: Resident Agent Change
Document Number: 20070437847-42 # of Pages: 1
File Date: 06/26/2007 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20070437848-53 # of Pages: 1
File Date: 06/26/2007 Effective Date:
Previous Stock Value: Par Value Shares: 330,000,000 Value: $ 0.001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 330,000.00 New Stock Value: Par Value Shares: 2,500,000,000 Value: $ 0.0001 Par Value Shares: 30,000,000 Value: $0.0001 No Par Value Shares: 0 -------------------------------------------------- Total Authorized Capital: $ 253,000.00
Action Type: Annual List
Document Number: 20070438081-03 # of Pages: 1
File Date: 06/26/2007 Effective Date:
(No notes for this action)
Action Type: Amended List
Document Number: 20070310244-73 # of Pages: 1
File Date: 05/02/2007 Effective Date:
(No notes for this action)
Action Type: Reinstatement
Document Number: 20060693020-58 # of Pages: 1
File Date: 10/30/2006 Effective Date:
(No notes for this action)
Action Type: Acceptance of Resident Agent
Document Number: 20060693021-69 # of Pages: 1
File Date: 10/30/2006 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C19209-2002-002 # of Pages: 1
File Date: 04/29/2004 Effective Date:
List of Officers for 2003 to 2004
Action Type: Resident Agent Change
Document Number: C19209-2002-005 # of Pages: 1
File Date: 04/29/2004 Effective Date:
JOHN HARPER, ESQ.
1250 S. BURNHAM #212 LAS VEGAS NV 89104 DEG
Action Type: Amendment
Document Number: C19209-2002-006 # of Pages: 1
File Date: 04/29/2004 Effective Date:
CORPORATION REVOKED 9-1-03 - REINSTATED 4-29-04 DEG
CAPITAL STOCK WAS 110,000,000 @ .001 = $110,000 DEG
CERTIFICATE OF AMENDMENT FILED AMENDING STOCK AND RESIDENT AGENT.
(1) PG. DEG
Action Type: Amendment
Document Number: C19209-2002-004 # of Pages: 1
File Date: 08/28/2002 Effective Date:
(1) PG. DEG
SNELLING TRAVEL, INC. DEGB w 00001
Action Type: Merger
Document Number: C19209-2002-003 # of Pages: 3
File Date: 08/14/2002 Effective Date:
ARTICLES OF MERGER FILED MERGING SNELLING TRAVEL, INC., (CO), NOT QUALIFIED IN
NEVADA, INTO THIS CORPORATION. (3)PGS CHM
Action Type: Articles of Incorporation
Document Number: C19209-2002-001 # of Pages: 9
File Date: 08/01/2002 Effective Date:
(No notes for this action)
Return to Entity Details for "ASIANA CORPORATION"
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Action Type: Amendment
Document Number: 20080091205-67 # of Pages: 1
File Date: 02/07/2008 Effective Date:
(No notes for this action)
Action Type: Designation
Document Number: 20080091206-78 # of Pages: 1
File Date: 02/07/2008
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Low budget IMO..... but should get fired up come Monday tho!!!!
WOLFTHEOPTIMISTATTHEDOOR
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A famous person once told me.... "Never blink, because the next words out of your mouth will be "what just happened?"
All IMO....
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CEO and President: Dongmei Jia
Treasurer: Jinming Wang
Secretary: Garr Winters
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I would say its crunch time!!!
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MonArc Corporation (MonArc) (EFGO.PK - new ticker symbol pending) Announces New Corporate Officers
Monday 02/04/2008 6:00 AM ET - PR Newswire
MonArc Corporation (previously Esprit Financial Group) announced today that Steen Elgaard has been appointed Company President, while Carol Robichaud assumes the role of Company Treasurer.
Mr. Elgaard is one of the founders of Canden Financial Group, while Carol Robichaud is President of KCR Image Consulting, a Canadian communications and image consulting firm in Mississauga, Ontario. She has delivered over 1,500 seminars and in-house programs to corporations, associations and individuals.
These appointments have been made in anticipation of the planned reverse merger of Canden Financial with MonArc Corporation.
Mr. Garr Winters, outgoing CEO of Esprit, has continued his involvement with the Company in the role of Secretary, upon completion of his contract with MonArc at the end of last year. Mr. Winters played a pivotal role in diversifying Esprit Financial Group (EFGO), as well as bringing EFGO subsidiary Good Life China to the OTC market in the U.S. He has also been instrumental in orchestrating a special dividend in TLGP stock to MonArc shareholders as part of the sale of MonArc assets to TLGP.
Mr. Elgaard advised: "We are very pleased to have Garr Winters stay on and provide the benefit of his years of business experience and entrepreneurial flare. One of the things that attracted us to MonArc in the first place, was the fact that he took a weak company in a shrinking market, and transformed it into a diversified financial group with tremendous growth potential in the short span of one year."
In other Company news, the Company advises that it expects to receive its new ticker symbol within the next few days, based on input from its Transfer Agent, Heritage TrustBEIJING, Feb. 4 /PRNewswire-FirstCall/ - The League Publishing, Inc. (TLGP - Pending new symbol change) is pleased to announce the appointment of the following officers and members of the Board of Directors:
CEO and President: Dongmei Jia
Treasurer: Jinming Wang
Secretary: Garr Winters
I THINK THE NEW TICKER = GLCC
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The League Publishing, Inc. (TLGP - Pending new symbol change) is pleased to announce the appointment of the following officers and members of the Board of Directors:
CEO and President: Dongmei Jia
Treasurer: Jinming Wang
Secretary: Garr Winters
Dongmei Jia is the founder and Chief Executive Officer of Hebei Haorizi Company Ltd. (Haorizi), while Jinming Wang is a key executive with the Company. Haorizi is a chain of convenience stores operating primarily in Hebei Province, China. Founded in 1998, the Company has grown with increasing momentum and success, with an emphasis on serving rural areas of China. This initiative is supported by a major commitment by the Chinese Ministry of Commerce to bring modern retailing to rural areas across China.
Today there are 1,600 franchise stores under the Haorizi banner - which translates to 'Good Life' in English. Current business plans call for the Company to expand to 4,000 stores by the end of 2008, with continued accelerated growth in the coming years.
Mr. Garr Winters has been selected as the new secretary of TLGP. Mr. Winters has recently stepped down at the end of his 12 month contract as CEO at MonArc Corporation (previously Esprit Financial Group), where he remains an officer of the Company as corporate Secretary. Mr. Winters is a semi-retired executive who is an officer or director to many other micro-cap companies. Mr. Winters played a pivotal role in bringing Good Life to the OTC market in the U.S. He has also been instrumental in orchestrating a special dividend in TLGP stock to MonArc shareholders as part of the sale of MonArc assets to TLGP.
Hans Jonas Pettersson, outgoing officer and director of the The League, has resigned effective January 27th, 2008.
In related news, the Company has previously elected a new transfer agent, Heritage Trust Company of Toronto, Canada, as of December 17th, 2007. The Company is pleased to announce that the corporate files are in the process of being transferred in accordance with this decision. This move will facilitate the coordination of the special stock dividend to EFGO shareholders.
Incoming CEO, Dongmei Jia, noted, "We are pleased to clear one of the last hurdles which had been slowing down our short-term progress in effecting this final transaction. I know that Mr. Winters has been working extremely hard on our behalf to execute such a complex series of mergers and acquisitions. It is fitting that we are celebrating our Chinese New Year this month, coinciding with Good Life now being well-positioned for growth on the Pink Sheets, PLC."
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Good Life Group Limited was incorporated in 1998, by founder Ms. Dongmei JIA, in conjunction with Hebei Province Supply and Market Association and other private investors, with contributed capital over $8 million USD.
Established to develop convenience stores in rural areas within Hebei Province, the Company has been extremely successful. It has grown from a handful of stores to the largest chain of convenience stores with roughly 1,600 retail outlets serving more than 2.4 million people under the Haorizi retail banner in Hebei.
The current run rate of gross sales generated within by the chain is over 800 RMB, or $107 million USD.
The Company's five year plan is to reach gross sales 30 billion RMB, valued at just over $4 billion USD. This would see the chain grow to 20,000 retail locations, with roughly 20 logistics centers supporting these stores.
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Looks like all or most of the Esprit text is being removed.
EFGO is being replaced with TLGP
Says : Haorizi Good Life (symbol TLGP.PK) is a diversified international so on so on..
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