EFGO & Good Life China - Great Merger $$$$

EFGO & Good Life China - Great Merger $$$$

Sending bei BigDogs from IHub - InvestorsHub.com

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.
ADVERTISEMENT


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.




--------------------------------------------------
Source: Esprit Financial Group


--------------------------------------------------
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.
ADVERTISEMENT


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.




--------------------------------------------------
Source: Esprit Financial Group


 

Asian News Coverage of Good Life China & Esprit Financial Group Merger  

...unsere gespaltene Persönlichkeit mit seinen Multi-ID's ist auch mal wieder im Lande...

LOL  

 

Esprit Financial Group Inc. / Haorizi Good Life (Esprit / Good Life) (symbol EFGO.PK) is a diversified international company active in North America and China. China based operations represent the lion's share of revenue and profit, centered around a large and rapidly growing chain of convenience stores serving rural markets.

Good Life is one of most successful and fastest growing chain of Convenience Stores in rural areas of Hebei Province, China.

The Company has enjoyed meteoric growth rates over the last 10 years, growing from a mere 8 stores in 1999 to almost 1,600 in 2007, becoming the largest chain store network of convenience stores serving more than 2.4 million people in the rural areas of China.

The Company expects to continue rapid expansion of its retail footprint through the next several years, and plans to begin launching stores in large urban areas beginning in 2008. Current plans call for the Company to expand to 4,000 franchised stores in 2008, and reach upwards of up to 15,000 locations by the end of 2010.

Net Profit is currently projected to exceed the fiscal plan of $2.29M million USD for the 2007 fiscal year by a significant margin, and increase to over $25 million USD by 2011.

Hebei Province, People's Republic of China
Population: 65 million
 

oder meinst Du F16 Geschwader ...
gleiche Firmen, gleiche Bilder, gleicher Schreibstil!

einfach gaaanz schlecht ... hey, wenn Du uns hier schon verarschen willst, dann doch bitte mit ein wenig mehr Phantasie ...  

das ganz anders @Fax und Korted !!  

Mußt Du das lesen, was Ich Dir geschriben habe...  

 

dass Du u.a. unter F16 Geschwader und anderen Nic s die gleiche Nummer abgezogen hast! Das sind Tatsachen!  

 

 

 

peinlich, so schnell enttarnt worden zu sein ...  lass es lieber sein und zwar SOFORT!  

Du kommst nicht mehr billig rein !!  

wenn jmd einem in das Gepushe fährt ... wa ;-)

Tja, das war -mal wieder- nix!  

 

Champions-League

.... Oberliga ... das ist ja noch weit unter der 2. Liga .. also 3.klassig ..

mein Beileid!  

Du merkst nichts mehr @kortes  

und wovon träumst Du nachts ... ich find Dich einfach witzig ...

So was muss auch mal sein ... ein klein wenig Realsatire!  

 

 

http://www.goodlifechina.com/about.php - Video  

News for Esprit Financial Group Inc.  (EFGO)   Sector News | Topic News Sector News
Basic Materials
 - Chemicals
 - Energy
 - Metals & Mining
Conglomerates
 - Conglomerates
Consumer Goods
 - Consumer Durables
 - Consumer Non-Durables
 - Automotive
 - Food & Beverage
 - Tobacco
Financial
 - Banking
 - Financial Services
 - Insurance
 - Real Estate
Healthcare
 - Drugs
 - Health Services
Industrial Goods
 - Aerospace/Defense
 - Manufacturing
 - Materials & Construction
Services
 - Leisure
 - Media
 - Retail
 - Specialty Retail
 - Wholesale
 - Diversified Services
 - Transportation
Technology
 - Computer Hardware
 - Computer Software & Services
 - Electronics
 - Telecommunications
 - Internet
Utilities
 - Utilities
HideMarket News
AMEX
Nasdaq
NYSE
OTCBB
Pink Sheets
Mutual Funds
Commodities
TSX
World Market News
Asia Pacific
Europe
Corporate Actions
Stock Buyback
Dividends
Earnings
Stock Splits
Insider Trading
IPO's
Business & Finance
Antitrust
Banking & Finance
Capital Gains
Mergers & Acquisitions
Economy
Consumer Price Index
Bond/Stock Update
Federal Reserve
Foreign Exchange
International Monetary Fund
Interest Rates
Hide


Fri, Dec 07, 2007

2:38 PM Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division - PR Newswire
2:30 PM Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division - PR Newswire
11:46 AM Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Plans for Forex Division - PR Newswire

Mon, Dec 03, 2007

9:02 AM Esprit Financial Group (EFGO) To Uplist to Fully Reporting Pink Sheet Status - PR Newswire

Wed, Nov 28, 2007

7:30 AM Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Reverse Merger with Hebei Haorizi Company Ltd, a China based Company - PR Newswire

Wed, Oct 17, 2007

10:21 AM Esprit Financial Group Inc. (Esprit) (EFGO.PK) To Host High Level Trade Delegation From China - PR Newswire

Tue, Oct 09, 2007

1:15 PM Esprit Financial Group Inc. (Esprit) (EFGO.PK) IFGX Division appoints Steve Edwards Vice President, Business Development North America - PR Newswire

Fri, Oct 05, 2007

12:10 PM Esprit Financial Group Inc. (Esprit) (EFGO.PK) CEO Heads Back to China - PR Newswire

Thu, Sep 27, 2007

6:00 AM Esprit Financial Group Inc. (Esprit) (EFGO.PK) IFGX Division to assist Chinese companies entering public markets - PR Newswire

Mon, Sep 24, 2007

6:00 AM Esprit Financial Group Inc. (Esprit) (EFGO.PK) Retains Chinese Law Firm for Upcoming Projects - PR Newswire


More News for EFGO