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

Strong Buy  

 

 

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

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

Posted by: Rasica
In reply to: None Date:1/30/2008 11:47:24 AM
Post #of 92346

Our Chinese Dividends...China yuan ends at record 7.1916 to US dollar vs 7.1945 in OTC trade
Wed, Jan 30 2008, 10:04 GMT
http://www.afxnews.com

This may greatly affect our Dividends in Good Life China

BEIJING (XFN-ASIA) - The yuan finished at a new high of 7.1916 to the US dollar on the over-the-counter (OTC) market, up from 7.1945 yesterday and marking the sixth consecutive day of record highs.


On the exchange-traded market, the yuan ended at 7.1922 -- also a fresh high -- and compared with 7.1945 in the previous session, a Guangzhou-based trader with a foreign bank said.


The yuan traded between 7.1947 and 7.1911 on the OTC market and between 7.1934 and 7.1920 on the exchange-traded market.


The central bank set the yuan central parity rate at 7.1998 to the dollar, compared to a midpoint of 7.2020 the previous trading day.


China's central bank currently sets the yuan's daily trading band at 0.5 pct.

http://www.fxstreet.com/news/forex-news/...5f3-4491-a996-18a32a2eb3c8

 

Also wenn ich das richtig verstehe, bekommt man für 1 Mio EFGO Aktien 1000 Monca Aktien und als Dividende 1000 TLGP Aktien. Ist das richtig.? Dann sollte man halten, weil es ja gerade nochmal soviele Aktien gibt wie man dann sowieso hat... Vielleicht sogar nochmal nachlegen...
 

Posted by: TexasRedGT
In reply to: Rasica who wrote msg# 92350 Date:1/30/2008 1:00:24 PM
Post #of 92357

♫ SWEET MUSIC TO MY EARS!!


 

Posted by: Rasica
In reply to: itlogic who wrote msg# 92361 Date:1/30/2008 3:56:59 PM
Post #of 92374

Wait and watch what HAPPENS Friday February 1st & February 8th & February 11th......

1st Reverse Merger--->Reverse Merger between Hebei Haorizi Trading Company and EFGO via SPC

2nd Reverse Merger to take Place--> 2nd Reverse Merger between MonArc and Canden Corporation....

Reference Post 92159

 

Yes, the Company has posted 2/1 for Dividends.....2/8 for 'set date' and 2/11 for trading on the open market with new CUSIP & Name Change.....

I cannot answer exactly what you're watching for...but best of luck to you :O)

Reference Post #92376

Now remember, GL China/TLGP are looking at similar closing dates..
 

Thats Great and that is the beginn  

 

All MonArc Corporation shareholders on the date of record (post-reverse split) will be entitled to receive the special dividend from TLGP (under its new ticker symbol).

As an example, a shareholder with 1 million shares of EFGO as at the closing bell on Friday, February 1st, will receive the following;

- 1,000 shares of MonArc Corporation

- 1,000 shares of TLGP (under the new corporate name and ticker symbol).

As previously noted on the Town Hall site, the Company expects to receive its new ticker symbol on February 8th, and should start to be quoted under the new symbol on the week of Monday, February 11th.
 

TLGP Ask: US$ 2.15 - date: 01.02.2008
 

Posted by: Viking1964
In reply to: JB1992 who wrote msg# 93029 Date:2/1/2008 6:06:10 PM
Post #of 93030

ROFLMAO! Well, if that happened, you would hear about me in the news. :-) lol

Say, with all those thousands of Chinese that were stranded, wonder if any GL managment were among them?


--------------------------------------------------
MARCO! POLO! - MARCO! POLO! Hey! Fish out of water!
Of course, it's just MHO.
 

 

http://www.youtube.com/watch?v=Y8rRGdPs0FA&feature=related  

http://www.youtube.com/watch?v=XJc1OfgR8Po&feature=related  

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

List of Key Management Figures............

Garr Winters, Chief Executive Officer
Garr Winters has more than 30 years of experience with bottom-line responsibility across
a wide variety of industries. He initially started out as a remarkably successful operator
at Expo 67 in Montreal, Quebec. In his long and successful career, Garr has also built a
domestic manufacturing and import travelware group, and took a leadership role within
the international satellite sales and marketing sector. His successes include developing
adult vocational training programs with both the Ontario Provincial and Canadian Federal
governments. His worldwide business experience and knowledge of many industries
have translated into an exemplary network of associates that will directly benefit the
Company.

Robert Xu, Director Asian Financial Services
A veteran of information technology industries, Robert Xu spent most of his career as an
IT technology professional in the United States. In 1997, he was a System Information
Analyst with CSCEC-US, Inc. in New York, where he was responsible of developing
application software package of Real Estate Management System using SQL6.5, VB and
ASP. Since 1999, Mr. Xu demonstrated his entrepreneurship and founded a NASDAQ
listed company, ChinaMallUSA.com, Inc, together with a few partners. He assumed the
role of Chief Technology Officer and was in charge of R&D, system development and
implementation, and strategic management.

Peter Presland, COO Forex Trading Division
Peter Presland has a long and proven track record in developing companies from start-up
to financial success. He has over 35 years experience, covering the entire gamut of sales
and marketing to managing his own business enterprises. Peter brings extensive
knowledge of various core business practices. Over the past several years he has focused
on Forex trading to develop and establish key trading skills and strategies. He will be an
asset in furthering the Company’s success story.
Peter has a degree in Business Administration from London, England. He immigrated to
the United States of America in 1969.

Keith Roberts, CMA – Chief Financial Officer, Director
Keith Roberts received his Bachelor of Mathematics Degree from the University of
Waterloo (Waterloo, Ontario). For the past twenty years, he has provided accounting and
administrative systems and services to both corporate and institutional clients. Mr.
Roberts has held senior accounting positions with a number of high tech companies
including NCR/AT&T Canada and Prime Computers. He founded his own accounting
practice in 1994 and, for the past six years, has provided financial services to a diverse
group of industrial clients, including those in the media and communications industries.

Peter He – Chief Technology Officer
Peter He has over 10 years’ experience in software development. His technical strengths
include J2EE WebSphere and DB2 application design and development skills, strong
computer programming skills, and strong problem-solving ability. He is proficient in
Java, C++/C, JDBC, SQLJ, Enterprise JavaBeans (EJB), JavaBean, Java Servlet,
JavaServer Pages (JSP), Jakarta Struts, JavaScript, SQL, PL/SQL, Web Services, ASP,
Pascal, CGI, UML, XML, and HTML. Peter received his Ph.D. from York University in
1998. His other trainings include DB2 Certified Solutions Expert and WebSphere 602
Advanced Administration Training Certification.

Ron Macari – Network Operations, Web Development
Ron has over 7 years of experience in the computing field including extensive industry
and academic experience. He has earned a BCOM from Ryerson University and has
various diplomas from business and E-Commerce. He has delivered professional business
solutions in mission critical applications and backend data management. Ron is
responsible for the entire Technical Department and is deeply involved in the
maintenance and management of the entire IT structure for the Esprit Financial Group of
companies
 

http://www.youtube.com/watch?v=es4mkTQRnUw  

http://www.youtube.com/watch?v=2u_u-6kKgDE&feature=related  

http://www.youtube.com/watch?v=2u_u-6kKgDE&feature=related  

NEWS from TLGP too:

BEIJING, 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

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."

The Company has also retained the services of the Mina Mar Group (www.minamargroup.com) for investor relations and additional consulting assistance regarding Corporate Affairs. Mina Mar's consulting services have been instrumental in the acquisition process to date.  

MonArc will complete the reverse merger with Canden Financial and retains the IFGX division and will go forward on that basis under the management of Canden Financial.

As previously announced, a reverse split has taken place. All of the shares of EFGO are being cancelled. Investors will receive 1 share of MonArc for every 1,000 shares of EFGO held, as well as 1 share of TLGP under the new name and ticker symbol obtained for Good Life China.

The sale of assets of Esprit/Good Life China into TLGP has been based on a value of $0.70 cents per share.
Townhall