EFGO & Good Life China - Great Merger $$$$
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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....
CEO and President: Dongmei Jia
Treasurer: Jinming Wang
Secretary: Garr Winters
I would say its crunch time!!!
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
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."
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.
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..
http://mutualfunds.about.com/od/news/a/holidays.htm