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Dear Friends,
Many years ago, I recognized the need in this challenging sector to establish a business that not only provided services utilized by key clients of the hospitality industry, but a business that also maintains a focus on the daily needs of the local operators who represents more than 65% of this fast paced and exciting business. I have made it my personal goal of finding ways to help the small business owner manage the demanding task of staff, inventory and financial management.
MonArc Corporation working together with other international companies who share our desire to serve our industry in a unique fashion, offer flexible solutions to help these clients for maintaining a profitable and efficient environment that they deserve and reduce the time and aggravations in a significant way - effectively, to achieve "100% satisfaction" while focusing on staff, environmentally friendly atire and customer appreciation of a profitable manner.
Our company also offers a full range of financial services for clients in the private sector of other asset based financing industries. Together, we can make things happen. We at MonArc Corporation look forward to fulfilling all of your service needs, and requirements.
Best regards,
Steen Elgaard
http://translate.google.com/...tp://www.haorizi.com/gsdt/gsdt_15.html
Very good day for the company and the sale of the oil company signs deal with Beijing
2008
January 30, 2008, the good old days in the oil business and shares the successful sales contract Beijing cooperation, good day for the oil companies directly under the Beijing convenience store gas stations offer non-oil third-party logistics and distribution services and management information system services, while good old days use of 10 convenience stores operating management experience, a petrol filling station, convenience stores, shops provide management training and guidance services to enhance petrol station convenience stores, shops operating level.
Beijing sales in the oil company expects 2008 annual use of gas stations in the shops resources, improve service levels, increase non-oil projects of integrated services and convenience ancillary services. Through the transformation of the existing petrol station convenience stores, shops have the distinct colors, the new layout, and its elegant shopping environment, coupled with the affinity of the full staff create an atmosphere so that more choice after refueling in Juyou walked into the convenience store. Good day for oil in nearly 800 Beijing companies for the distribution of goods, while providing Internet-based information systems services to help the company in the oil Beijing accounting management and real-time electronic information management, business analysis services.20%。 Convenience store sales compared with the same period increased by nearly 30%, reduce the cost of logistics and accounting for nearly 20 per cent. Beijing and the good life in the oil company's cooperation is the good life in Beijing in 2008 is the first big customer partner, a very important strategic significance, it marked the good life in Beijing to launch a new comprehensive business model as a good start, will continue for the good old days More sales terminals providing logistics, information information services. Strategic development of the good old days
February 17, 2008
Tuesday , February 19, 2008 12:22ET
http://www.knobias.com/...d5877bae5c7d7220defe909fcc9712a8c5811d38a79
TORONTO, Feb. 19 /PRNewswire-FirstCall/ - MonArc Corporation announced today that it completed its merger with Canden Financial Group (Canden) on an all stock basis.
MonArc will issue a total of 2.5 million shares of restricted stock under Rule 144 in relation to the merger. Total common shares of MonArc issued and outstanding following the merger is will be 16.5 million shares. The Company is also exploring the feasibility of acquiring Syscon Products Ltd. and Horescon North America, manufacturer of the Danish beverage control systems.
MonArc CEO, Steen Elgaard, advised: "We are very excited to have completed the process of taking Canden public as an operating subsidiary of MonArc Corp. We have been in discussions with Garr Winters (outgoing CEO) and I am pleased to announce that one of the first decisions we have made is to reduce the amount of authorized stock to 650 million or less, from the current 950 million. Corporately we are also exploring the possibility of a forward stock split of MONA in the 2-1 or 3-1 range."
In other company news, MonArc is pleased to announce that it has successfully closed the sale of it's assets (excluding IFGX and CanDen divisions) to TLGP. We are working with our transfer agent to complete the process of the previously announced reverse split of MonArc shares and the special stock dividend of 1 share of TLGP for every share of MonArc (post reverse) to our shareholders.
The Ex Date for the special stock dividend is Monday February 4th, and the Date of Record is Wednesday, February 6th. To clarify, all shareholders of EFGO stock at the closing bell on Friday, February 1st will be entitled to the special dividend.
The Date of Payment has not yet been set, as the Transfer Agent has a fair bit of work to do regarding the new share certificates under the Company's new name and ticker symbol as well as executing both the reverse split and the special dividend of TLGP shares.
Elgaard added: "We have exciting plans in the works, and MonArc will be issuing additional press releases as they come to fruition."
About MonArc Corporation
Founded in 2007, MonArc Corporation is fast becoming one of the hospitality-industry's leading providers of asset based systems and financing corporations in North America. The company also operates a B2B division being a mergers and acquisitions division, which operates under the trade name (IFGX).
It also has a mergers and acquisitions division (IFGX) that has 2 shell companies available for purchase by companies seeking to go public in the U.S.
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 GroupMonArc Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial GroupMonArc Corporation's periodic reports filed with the regulatory authorities.
SOURCE MonArc Corporation
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Contacts:
MonArc Corporation
monarcgroup@gmail.com
http://www.monarc-corp.com
Investor Relations: (416) 203-8924
Public Companies Associated with this story:
MONA
Knobias Subject Codes Associated with this story:
Merger/Acquisition Stock Split
Content provided by PR Newswire Copyright © 2008
Content transmitted by Knobias.com Copyright © 2008
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MonArc Corporation (MONA.PK) Signs Letter of Intent to Acquire Syscon Products Ltd.
TORONTO, Canada, February 21, 2008 MonArc Corporation (MonArc) announced today that it has signed a Letter of Intent to acquire Syscon Products, Ltd. (Syscon).
Steen Elgaard, CEO of MonArc, commented; “This is a very positive development, although it shouldn’t come as a surprise to people familiar with our operations. Canden Financial Group, which was just recently acquired by MonArc, has a long standing relationship with Syscon. Simply put, Syscon distributes products related to the Hospitality industry that are at the cutting edge of Point of Sale inventory control systems”.
Bar operations are a key profit center for licensed establishments. As reported by Food and Drink weekly in April 2007, on premise alcoholic beverage consumption is roughly a $16 billion dollar industry in the U.S. Syscon represents a comprehensive line of products that immediately begin contributing to the bottom line of its client base.
Elgaard added; “A lot of profit ‘disappears’ when bartenders ‘over pour’, spill or quietly pour a glass for a friend ‘on the house’. Syscon products provide tight inventory control that addresses all of these issues. The results - clients report an average of a 20% increase in revenue from their beverage services once these products are installed. Increased profits of this magnitude are unheard of, and the ears of some very large and influential players in the Travel and Hospitality industry are starting to take notice”.
The acquisition of Syscon will be funded with 3 million shares of restricted stock and options for another 3 million shares at a strike price of 0.10 cents a share based on certain pre-determined performance parameters. Additional details on the acquisition will be forthcoming on our corporate website in a fireside chat forum currently under construction.
About MonArc Corporation
Founded in 2007, MonArc Corporation is fast becoming one of the hospitality-industry's leading providers of asset based systems and financing corporations in North America. The company also operates a B2B division being a mergers and acquisitions division, which operates under the trade name (IFGX).
About Syscon Products Ltd.
Syscon represents the manufacturers of some of the leading edge products for alcoholic beverage inventory control and monitoring systems for the hospitality industry. To find out more about Syscon, visit: www.sysconproducts.com.
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 MonArc Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in MonArc Corporation's periodic reports filed with the regulatory authorities.
I like this part: "Elgaard added... Syscon products provide tight inventory control that addresses all of these issues. The results - clients report an average of a 20% increase in revenue from their beverage services once these products are installed. Increased profits of this magnitude are unheard of, and the ears of some very large and influential players in the Travel and Hospitality industry are starting to take notice.""
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ALL IMO
Our IFGX division will continue as anticipated to opportunistically pursue mergers and acquisitions. We have several pending deals already, one left in the hopper from the previous management and 1 that I have been able to attract so far. I have also approached Mina Mar Group, and asked for back up assistance on a revenue sharing basis on these 2 pending deals. At this point, we are working with a Danish company seeking access to the public markets, and an Asian company that was left for us by the previous management. We hope to announce an LOI shortly.
Right now our primary line of business is Canden. Canden provides specialized financing and leasing packages with an emphasis on inventory control systems for licensed establishments. The Company is actively exploring the acquisition of Syscon Products Ltd., with whom Canden Financial Group has worked closely in the past. The combination of Canden and Syscon provide a compelling growth opportunity.
Syscon is in a rapidly growing market sector, addressing the hospitality industry. It has a broad line of products that are designed to provide tighter inventory control of liquor and beer served at licensed establishment. The cost-benefit analysis of these products show that licensed establishments can achieve surprising savings in their operations.
While companies such as AC Nielsen provide audit services for on premise consumption, Syscon provides a simple and easy to use solution that has an immediate impact on bottom line results.
We expect to grow the Company by focusing on fundamentals that will generate top line and bottom line growth. We have a strong business model, and a management team that has extensive experience and contacts in this key market niche.
I look forward to updating our shareholders again as the business continues to grow and the launch of the MonArc Town Hall."
GLTUA!
TORONTO, Feb 19, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation announced today that it completed its merger with Canden Financial Group (Canden) on an all stock basis.
MonArc will issue a total of 2.5 million shares of restricted stock under Rule 144 in relation to the merger. Total common shares of MonArc issued and outstanding following the merger is will be 16.5 million shares. The Company is also exploring the feasibility of acquiring Syscon Products Ltd. and Horescon North America, manufacturer of the Danish beverage control systems.
MonArc CEO, Steen Elgaard, advised: "We are very excited to have completed the process of taking Canden public as an operating subsidiary of MonArc Corp. We have been in discussions with Garr Winters (outgoing CEO) and I am pleased to announce that one of the first decisions we have made is to reduce the amount of authorized stock to 650 million or less, from the current 950 million. Corporately we are also exploring the possibility of a forward stock split of MONA in the 2-1 or 3-1 range."
In other company news, MonArc is pleased to announce that it has successfully closed the sale of it's assets (excluding IFGX and CanDen divisions) to TLGP. We are working with our transfer agent to complete the process of the previously announced reverse split of MonArc shares and the special stock dividend of 1 share of TLGP for every share of MonArc (post reverse) to our shareholders.
The Ex Date for the special stock dividend is Monday February 4th, and the Date of Record is Wednesday, February 6th. To clarify, all shareholders of EFGO stock at the closing bell on Friday, February 1st will be entitled to the special dividend.
The Date of Payment has not yet been set, as the Transfer Agent has a fair bit of work to do regarding the new share certificates under the Company's new name and ticker symbol as well as executing both the reverse split and the special dividend of TLGP shares.
Elgaard added: "We have exciting plans in the works, and MonArc will be issuing additional press releases as they come to fruition."
MonArc management will accompany Syscon Products Ltd., which is exhibiting its products at the convention. The Nightclub & Bar Convention and Trade Show is the nation's # 1 beverage event, attracting thousands of owners, operators and managers from nightclubs, bars, lounges, pubs and more. More information on this key industry event can be found at:
The target market for Syscon products extends well beyond bars and nightclubs. Any licensed establishment, such as licensed restaurants and hotels, are ideal candidates for Syscon's product line. The Convention will have all aspects of the hospitality industry in one place at the same time.
MonArc CEO Steen Elgaard commented; "We're very excited about the convention. Syscon has done some excellent groundwork in advance of this show and has lined up a number of one-on-one meetings with highly recognizable household names in the hospitality industry.
We are expecting to be extremely busy next week, but will endeavor to keep our shareholders up to date with important developments as they break.
We are planning to host a conference call upon our return from Vegas and are inviting all moderators of MonArc related chat boards to participate. This will provide the moderators with the opportunity to get clarification on any issues of interest from their members which they can then share on their respective chat boards. We will also hold a second conference call for shareholders who still have additional questions not addressed in the first call. We also plan on recording the conversation that other shareholders may revisit and review at their leisure.
These conference calls will be coordinated through the Company's Investor Relations advisors, We ask interested parties to please fax their request to 1 866 455 6270 or to us via email at monarcgroup@gmail.com with relevant contact info.
We will be releasing additional information on these conference calls shortly. Please note: these conference calls will only be able to clarify information already in the public domain, and are not opportunities to gain insider information. However, the Company may well issue additional information regarding specific questions of merit and interest to our shareholders raised during these calls through additional press releases or updates on our website.
We wish to take this opportunity to invite all of our friends, customers suppliers, shareholders and potential new customers to visit us at our booth at The Nightclub & Bar Convention and Trade Show in Las Vegas where we will be more then pleased to demonstrate some of our leading edge goods and services offered by the MonArc Group of companies.
About MonArc Corporation
Founded in 2007, MonArc Corporation is fast becoming one of the hospitality-industry's leading providers of asset based systems and financing corporations in North America. The company also operates a B2B division being a mergers and acquisitions division, which operates under the trade name (IFGX).
About Syscon Products Ltd.
Syscon represents the manufacturers of some of the leading edge products for alcoholic beverage inventory control and monitoring systems for the hospitality industry. To find out more about Syscon, visit: .
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 MonArc Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in MonArc Corporation's periodic reports filed with the regulatory authorities.