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Town Hall update.

10.05.07Garr Winters to Visit ChinaPosted in Announcements at 3:24 pm by adol77dai51

A press release regarding Mr. Winters travel plans to China will be released shortly. The full text is included below.


Esprit Financial Group Inc. (Esprit) (EFGO.PK) CEO Heads Back to China LAS VEGAS, NV, October 5, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com announced today that its CEO, Garr Winters, will be returning to China next week for high-level negotiations on several business projects.

Mr. Winters stated; “We have negotiations scheduled on a couple of deals related to our IFGX division. Our China consultant Robert Xu has advised us that we are close to achieving agreements in principal to with two specific companies seeking access to public markets.

Our local legal counsel has recommended a strategy that can significantly shorten the typical time-frame required to achieve our clients’ objectives of accessing public markets outside of China. These two projects will hopefully validate this approach, and we will then be in a position to green light a number of similar projects in the pipeline”.

All IMO

 

Yep, and the last time I talked with Ken Lay he said that Bubba was treating him just fine in the big house!

All IMO  

http://money.cnn.com/2006/07/05/news/newsmakers/lay_death/  

OK lets do the math!

IFGX is listed as 5% or more shareholder.(this sum could be 7 8 or 10% I assumed it is 7.5% in my calculations

So lets take a low number of 5%

62 mm shares @ 5% = 3.1 million shares

3.1 mm shares @ 1.00 euro = 3.1 mm EUROS

3.1 mm Euros is 4.5 mm USD

So at 5% IFGX is 4.5 mm USD in the deal at 10% it is 9 mm USD

That is from the Emerald they also Pr Magna Plus we have GVHL

Capish?




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"It is well enough that people of the nation do not understand our banking and monetary system, for if they did,
I believe there would be a revolution before tomorrow morning."

Quote by: Henry Ford
(1863-1947) Founder of Ford Motor Company  

 

NEWS  

LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com announced today that its CEO, Garr Winters, will be returning to China next week for high-level negotiations on several business projects.

Mr. Winters stated: "We have negotiations scheduled on a couple of deals related to our IFGX division. Our China consultant Robert Xu has advised us that we are close to achieving agreements in principal to with two specific companies seeking access to public markets.

Our local legal counsel has recommended a strategy that can significantly shorten the typical time-frame required to achieve our clients' objectives of accessing public markets outside of China. These two projects will hopefully validate this approach, and we will then be in a position to green light a number of similar projects in the pipeline."

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 IFGX Specialized Investment Banking and Financial Advisory Services.

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.

SOURCE Esprit Financial Group

All IMO  

WHOA!! First you disclose Wallys Turtle now Smoke Tree Ranch this is like where THE FAT MM go and chity chat.! I know I know you are not a MM as you say! Its just a bit too coincidental!? You must get some heavy duty tips at Wallys and Smoke Tree C mon PM me BRO! ;)


--------------------------------------------------
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did,
I believe there would be a revolution before tomorrow morning."

Quote by: Henry Ford
(1863-1947) Founder of Ford Motor Company  

EFGO - Strong Buy and Stay Long - $$$$

All IMO  

I see RSI at 49.96

All IMO
 

Yep, he's seeking the Chinese Governments approval for several projects, one of the last steps to signing contracts IMO

 

I'm glad I buy for the long run and not someone who buys on the rumor and sells on the news. I'd be going nuts when the news is a rumor of a rumor. EFGO is getting ready to get ready again I see. Well maybe this time something will pan out.

All IMO  

In an email from Michael, he describes the China deal as a transaction, coupled with info from Brian and others, it's fairly obvious. You know, if you think about it, we have already R/M'ed with Minaco as they back us financially and have the controlling vote. But I think that a Chinese company will come into play in the next few weeks.

All IMO

 

ESPRIT FINANCIAL GROUP INCORPORATED-EFGO

For complete company disclosure, visit;

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=11314

All IMO
 

I'm glad I buy for the long run and not someone who buys on the rumor and sells on the news. I'd be going nuts when the news is a rumor of a rumor. EFGO is getting ready to get ready again I see. Well maybe this time something will pan out.
 

ESPRIT FINANCIAL GROUP INCORPORATED-EFGO

For complete company disclosure, visit;

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=11314

All IMO

 

WillyBoyXXX is all over it. Nicely done.

All IMO
 

EFGO - Strong Buy and Stay Long

All IMO  

ESPRIT FINANCIAL GROUP INCORPORATED-EFGO

For complete company disclosure, visit;

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=11314

 

ESPRIT FINANCIAL GROUP INCORPORATED-EFGO

For complete company disclosure, visit;

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=11314

 

In case anyones interested robert Xu's real name is

MEIHUA (ROBERT) XU

peace - We Love You

All IMO
 

GVHL and EFGO

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Provides $250,000 Mezzanine Financing to Global Vision Holdings, Inc (GVHL)

LAS VEGAS, NV, July 5 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com is pleased to announce it has provided $250,000 in funding to Global Vision, which is to assist in finalizing the acquisition of International Express Payment (IEXPay).

The funding is in the form of subordinated debt, and carries an annual interest rate of 15%, payable twice a year beginning Dec 31st, 2007. Debt repayments begin March 31st, 2009 at the rate of $50,000 per quarter in 5 instalments.

Additionally, stock warrants have been granted, under the following terms:

- The lesser of $100,000 worth of stock, the face value of the debt
still outstanding, or 5% of the outstanding stock as of December 31st
each year at a strike price based on the average price per share
traded in the previous 90 days.
- The stock warrants can only be exercised once in a calendar year,
beginning June 30th, 2009.

Esprit CEO Garr Winters announced, 'This is a win-win for both companies. As previously disclosed, Esprit has maintained a 23% interest, in GVHL we maintain the upside opportunity to benefit from the long-term potential we see in GVHL and IEXPay while limiting our financial obligations and exposure. The result is that Esprit keeps both deals in friendly and cooperative hands.'

Winters added, 'We had hoped to develop synergies between the two companies to develop complementary financial services within the incredibly attractive Chinese market. We have now made arrangements to share resources such as the costs of travel, China-based operations, and some daily operations. We saw this as a natural fit that Esprit provide this interim funding to accelerate the growth of both companies.'

About Esprit Financial Group Inc.

Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include:

- PayDay Loans: A pioneer in the payday loan industry, the Company
licenses comprehensive software solutions to industry participants,
under the Cash Now banner at www.cashnow.org.
- Forex: The Company's Forex Trading division offers an innovative low-
cost Forex trading service at www.cashnow.com targeted to active day-
traders.
- Advanced Electronic Funds Management: This division offers a number
of class leading financial services that facilitate a variety of
Internet based international electronic funds transfer and cash
management solutions.
- Structured Debt Resolution: This division will offer streamlined,
cost effective alternative services to facilitate the negotiation of
debt settlement online.

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.

SOURCE Esprit Financial Group

Source: PR Newswire (July 5, 2007 - 7:00 AM EST)

News by QuoteMedia
www.quotemedia.com  

From the Town Hall: A press release regarding Mr. Winters travel plans to China will be released shortly. The full text is included below.


Esprit Financial Group Inc. (Esprit) (EFGO.PK) CEO Heads Back to China LAS VEGAS, NV, October 5, 2007 - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com announced today that its CEO, Garr Winters, will be returning to China next week for high-level negotiations on several business projects.

Mr. Winters stated; “We have negotiations scheduled on a couple of deals related to our IFGX division. Our China consultant Robert Xu has advised us that we are close to achieving agreements in principal to with two specific companies seeking access to public markets.

Our local legal counsel has recommended a strategy that can significantly shorten the typical time-frame required to achieve our clients’ objectives of accessing public markets outside of China. These two projects will hopefully validate this approach, and we will then be in a position to green light a number of similar projects in the pipeline”.

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 IFGX Specialized Investment Banking and Financial Advisory Services.

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.
SOURCE Esprit Financial Group Inc.
espritfinancialgroup@gmail.com
Investor Relations: 1-416-619-0397
 

I bought 11 mil more today. total holding 50 mil.
Many small Chinese firms are eager to using backdoor method to get listed... even just on the pink market. Chinese like to play stocks.
If Garr can provide one of his .pk shells to a Chinese co. via a reverse merger, EFGO will get a percent of stocks of the new shares. With China plays being the biggest buzz word on the street, I hope they have some urgency to get a deal done. If Garr can pull the string quickly, a well placed PR would move EFGO skyward..

 

Extreme Hochspekulation von der feinstens Art!!  

Frankfurt ? - It is in Germany ! :)

-Canada, US, England, ...... WOW... Go for it EFGO !


higly probable ...Efgo PPS... IMO... 10++ ...higher...


higher...higher...


Woooooooohooooooooooooooooooooo!!!