Leute vergißt nicht zu positionieren!!

EFGO - Strong Buy - $$$$

Handelbar an folgenden Börsenplätzen: Frankfurt & USA

... (automatisch gekürzt) ...

www.espritfinancialgroup.com

 

Für nähere Informationen to see under the Link!!

http://investorshub.advfn.com/boards...ge_id=23392497 - ALL IMO

Good Luck  

Scenario, Minaco owns Esprit, Garr gets Chinese approval, Minaco merges with Chinese, (they need this as a house warming tool in China, good for their economy) R/M, R/S, attractive PPS, all of US, China, and Europe starts wanting a piece of the pie and the PPS runs to the moon, Clams gets his wish, Garde gets his boat, Brian builds his house, and we all have a party next fall : )

 

EFGO - Ich werde immer nach kaufen. - $$$$ NICE $$$$  

Advanced Electronic Funds Management
The Company’s Advanced Electronic Funds Management (AEFM) division offers Cash
Now Check 21 - an advanced checking clearing service that can significantly reduced
holdback periods by banking institutions, particularly valuable for international markets.
Other products include stored value debit and Visa cards, and a wholesale ATM program.
www.cashnowcard.com
Stored Value (prepaid) Cards:
Stored Value (Prepaid) cards allow the cardholder the convenience of having an
alternative for cash when paying for such things as groceries, restaurant bills and
gasoline, and when making online purchases – all without the necessity of having a bank
account. The usage of plastic money has grown by leaps and bounds. It is the most
convenient and the safest option to paying by cash.
Cardholders can load money onto their card and then spend it anywhere a debit card is
accepted. Because the money is loaded onto the card in advance, there is no credit risk for
the card suppliers or merchants and ATM machines accepting the card.
The main difference from a consumer perspective between a prepaid debit card and
prepaid Visa card, is that the Visa card will be accepted by merchants at any location that
accepts traditional Visa cards (who may or may not also accept debit cards), and is also
valuable for purchases that require a signature.
For billions of people worldwide who do not have bank accounts a traditional credit or
debit card is not an option. This is quite simply due to the lack of trust in banks and/or
access to facilities especially in rural areas. Prepaid cards offer an ideal solution,
particularly customers who do not have a bank account.
12
 

In Frankfurt,demnächst  ander OTCBB und London u.a  

Der Mann ist Genial:

10.04.07Garr Winter-AnteileBekanntgegeben in den Ansagen bei 1:08 morgens durch adol77dai51

Herr Winters hat vor kurzem gewählt, um seinen Richtlinie 144 Vorrat zum Fiskus zurück zu drehen. Die Zahl Anteilen, die er hielt, war früh 2007 festgestellt worden, gegründet auf dem Erzielen von Unternehmenszielen und von finanziellen Zielen für das steuerliche Jahr. Im Austausch hat er eine Vereinbarung mit Minaco-Tradex erreicht, eine Anzahl von den bevorzugten Anteilen zu empfangen, die z.Z. von Minaco-Tradex gehalten werden, basiert auf dem Erzielen der spezifischen Geschäft Meilensteine für den Rest des steuerlichen Jahres.

Der persönliche Nutzen zu Herrn Winters ist die Tatsache, daß seine Fähigkeit, die Richtlinie 144 Anteile zu verkaufen ausschließlich begrenzt würde, wenn er fortfuhr, ein Eingeweihter nach year-end zu bleiben. Herr Winters kommentiert diese Möglichkeit in seiner Anzeige des Präsidenten, die für folgende Woche geplant wird. Er hat grössere Flexibilität, die bevorzugten Anteile zurück zu der Firma zu verkaufen und Wert unter diesem Drehbuch zu verwirklichen.

EFGO - Strong Buy - $$$$  

espritfinancialgroup@gmail.com

Town Hall Forum
http://cashnow.com/espritfinancialgroup/

Cash Now USA
3155 East Patrick Lane . Suite 1
Las Vegas, NV
89120-3481
USA
*Investor Relations*

IR # 416 619 0397 Office line

IR # 954 376-8622 Mobile number

espritfinancialgroup@gmail.com

Cash Now CANADA
157 Adelaide Street West
Suite #710
Toronto Ontario
M5H 4E7

Cash Now Europe
Address: Suite #10 first Floor
Central Chambers The Broadway
Ealing London
W52N6
UK, Europe

Cash Now Australia
Address: Ground Flr, Stafford Hse
23-25 Leigh St, Adelaide
South Australia, 5000

Transfer Agent
Heritage Trust
4 King St. W., Suite 1320
Toronto, Ontario. M5H 1B6
Phone: (416) 363-1240
Phone 2: (416) 364-9509
Fax: (416) 864-0175

Outstanding Shares: 6,100,000,000 as of 2007-05-07
Authorized Shares: 11,000,000,000 as of 2007-05-07
Float: 4,400,000,000 as of 2007-05-07
Number of Shareholders of Record: 500 as of 2007-05-07

Company Links:

http://www.espritfinancialgroup.com
http://www.cashnow.com
http://www.cashnow.com/floridaoffice
http://www.espritfinancialgroup.com/EM2.html
http://www.atmbusiness.com
http://www.trustvault.com
http://www.cashnext.com
http://www.ifgx.com

Europeans - Check this out - Info on the Euro FX

http://www.cashnow.co.uk

Australia

http://www.cashnowau.com

10.01.07
China und andere Pläne
Bekanntgegeben in den Ansagen, Beziehungen zwischen den Investoren bei 7:47 P.M. durch adol77dai51
FRAGEN:
Du gabst mir ein Urteil über das PPS über dem folgenden Jahr nie ab. : ) Beantwortetest du mich nie hinsichtlich der stillen Betriebe außerdem. : )
Etwas erklärt mir, daß du Kerle einen ernsten Plan hast, zum des PPSs an neue Höhen zu gelangen. Ist jeder in China?
Ist das R/M zu einer chinesischen Firma oder zu einem Nr.?
Könntest du Kerle eine kleine Dividende herausgeben, um die Kurzschlüsse zu zwingen, um zu bedecken, oder würde die cusip oder Name änderung im R/M die gleiche Aufgabe durchführen?
ANTWORT:
Unsere Meinung über das PPS ist, daß wir in Penniesgegend erhalten möchten. Jedoch können wir nicht ein angemessenes Ziel auf es setzen. Einige der Abkommen in China konnten den Auftrag der Größe unserer Geschäftsoperationen ändern. Aber sein nicht werden ein erfolgtes Abkommen bis die Papiere unterzeichnet und das Geld ist in der Bank. Was stille Betriebe anbetrifft… Wir werden, als immer, alle mögliche Informationen zur gegebenen Zeit freizugeben. Es gibt nichts, an diesem Punkt in der Zeit zu teilen. Es ist vorzeitig, Rückfusionen oder über andere korporative hauptsächlichbewegungen zu sprechen.
Die Dividendeidee ist sehr faszinierend. Wir vermuten, daß zu tun sein würde hart. Wir müssen es durch die zugelassenen Adler laufen lassen, aber wir vermuten, daß es möglicherweise nicht den gewünschten Effekt haben kann.
Permalink Anmerkungen
09.27.07
IFGX Abteilung, zum der chinesischen Firmen zu unterstützen, die allgemeine Märkte eintragen
Bekanntgegeben in den Ansagen bei 1:50 morgens durch adol77dai51
Unter ist der Text eines Pressekommuniquã#s, das tommorow Sept. 27. bei 6:00 morgens herausgegeben wird
LAS VEGAS, Nanovolt, 27. September 2007 - Esprit finanzielles Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com verkündete heute, daß es durch eine Anzahl von den chinesischen Firmen genähert worden ist, die Börsennotierungen in Nordamerika suchen, oder Europe.Esprit IFGX.com Betriebe in Spiel geholt wird, um die allgemeinen erforderten Oberteile zur Verfügung zu stellen und finanzielle Beratungsdienste und Anleitung zur Verfügung zu stellen, um diese Firmen im Prozeß zu unterstützen. Ein guter Prozentsatz dieser Firmen sind große Korporationen mit multi-million Dollar-Durchlaufrate und Hunderte, wenn nicht Tausenden, Angestellte. Esprit CEO Garr Winter angegeben; „Wir werden sehr über diese Gelegenheiten aufgeregt. Sie stellen ein ausgezeichnetes gewinnen-gewinnen Angelegenheit für unsere chinesischen Klienten und uns dar. Dieses ist eine sehr ehrgeizige Reihe übernahmen, und wir haben ruhig auf ihnen für die letzten Paare von Monaten“ gearbeitet.
Die Firma hat verzögert, diese Projekte vorher zu verkünden, um übermäßige Betrachtung zu vermeiden, und die Zeit zu dauern, nochmals zu versichern, daß diese Abkommen angemessen erwartet werden können, um vorwärts fortzufahren. Sie sind in der Natur zu den fortwährenden Betrieben von Esprit materiell und stellen einen bedeutenden neuen Einkommen Strom dar.
Da viele Aktionäre sind, die Firma hat erworben Oberteilfirmen über den letzten Monaten bewußt. Es ist die Absicht Esprits, zum einige oder all diese Oberteile für diese Abkommen zu verwenden.
Während wir an den möglichen Erfolg dieser Projekte glauben, muß es gesagt werden, daß sie sehr ehrgeizige Pläne darstellen, die chinesische Regelungen Harmonisierens mit denen der US und/oder vielleicht der Frankfurt oder London Austäusche erfordern. Als solcher, projizieren wir, daß diese Ausgangsabkommen das bessere Teil von 6 - 9 Monaten dauern, um zur Verwirklichung zu holen.
Esprit kann Einkommen von 5% - 10% des Gesamtwertes des Abkommens in Bargeld- und Aktien vorwegnehmen, basiert auf typischen Gebühr Strukturen für saubere Oberteile. Weitere Ansagen werden gebildet, wie Esprit Verträge mit jeder der Firmen unterzeichnet.
Winter addiert; „Esprit Berater Robert Xu hat eine Angelrolle gespielt, wenn er diese Abkommen zum Tabelle holte. Seine umfangreichen Kontakte in der Jiangxi Provinz haben der Firma ermöglicht, an einem beschleunigten Schritt, anstatt auf den chinesischen Markt umzuziehen von einem Kaltstart an hereinkommen“.
 

EFGO corporate guidance. A must read!!!! : http://cashnow.com/espritfinancialgroup/.../06/corporate-guidance.pdf

 

Corporate Guidance
Esprit Financial Group, Inc.
June 8, 2007
Introduction:
As reported in our Quarterly report, Esprit is making solid progress across its divisions,
and our financial performance has improved dramatically. Some of the new divisions,
like the Structured Debt Resolution division, are still under development, and are targeted
for launch in the third quarter. On the whole, we have established a very solid
foundation. We are confident that we have placed Esprit in a position for excellent
growth within markets that are still in the growth stage of development. It is not often
that a Company can identify multiple market sectors in the early stages of growth, and we
believe that our continued long-term focus on Internet delivered financial services will be
rewarded handsomely as these markets mature,
While it is too early to expect immediate and significant revenue contribution from our
new portfolio of financial products and services, we have conducted strategic planning
sessions recently, and have made what we feel are achievable projections for growth in
the next twelve months.
Corporate Vision:
As disclosed in our quarterly report, we believe that we have vital core competencies in
Internet delivered financial services direct to the consumer market (B2C) as well as
providing enabling financial technologies and services for financial institutions and major
clients (B2B2C). Our divisions reflect the following strategic characteristics:
• Consumer facing (direct or indirect)
• Financial Services
• Internet enabled
• Significant growth potential (particularly in emerging market sectors)
• Innovation in product concept or service delivery
We will continue to consider new business opportunities that fit this mandate and have
compelling reasons for entry in the short-term. However, our primary focus is on rolling
out the new financial services within our current business portfolio.
2
Corporate Developments:
Pink Sheets vs. OTCBB Listing:
As recently reported, we have de-prioritized entry onto the OTBBB. There are several
deciding factors that have guided this decision. Foremost, are some advancements
announced by Pink Sheets® LLC.
1. Limit order protection has been mandated for the Pink Sheets as of July, this year.
There are significant positive implications for Esprit in this decision. These rules,
commonly referred to as Manning, historically applied only to NASDAQ listed
securities and those quoted on the OTCBB. The Manning principles and all the
interpretive guidance thereunder will now apply to those equity securities quoted
on the Pink Sheets.
a. Manning generally prohibits an NASD member from trading for its own
account in a security at a price that is equal to or better than an unexecuted
customer limit order in that security, unless the member immediately
thereafter executes the customer limit order at the price at which it traded
for its own account or at a better price.
b. These principles should provide some additional comfort to shareholders
regarding the potential for manipulation of the price per share my any
market-makers.
2. Pink Sheets is in the process of rolling out Disclosure Categorization as of May.
This will clearly differentiate classes of stock based on a company's willingness to
provide adequate public disclosure to the marketplace. This will create a
meaningful distinction between real companies, such as Esprit, and stocks that
have no real business, just a story and a song and dance.
a. Esprit has submitted the requisite documentation to become a fully
reporting company under the ‘Current Information’ (Pink Checkmark)
category. This means that the Company will meet Pink Sheets Guidelines
for Providing Adequate Current Information, confirmed by a quarterly
letter from an attorney, all of which must be posted on the Pink Sheets
News Service and displayed on pinksheets.com.
b. Disclosure is deemed to be current if it is posted within 120 days of the
fiscal year ended (annual reports) and within 60 days of the quarter ended
(quarterly reports) and interim material events should be disclosed on a
timely basis.
In summary, many of the reasons to move to the OTCBB for greater credibility and
demonstration that the Company is acting to a higher standard of disclosure will now be
accommodated within the Pink Sheets.
In consideration of the fact that the move to the OTCBB would require significant time
and attention of senior management in properly completing all of the requisite forms,
3
management feels that our time is better spent on revenue producing operations rather
than regulatory bureaucracy
M&A guidance:
We will continue to keep an open mind regarding mergers and acquisitions. However,
this will be on an opportunistic basis when a deal is simply too good to pass up. Our
plate is pretty full at the moment and we are focused on managing growth within the
current portfolio of products and services.
PayDay Loan Division:
www.cashnow.org
Esprit’s new software platform is currently in Beta Test mode. We anticipate that it will
come on-stream in the next 30 – 60 days. This has been a major undertaking to provide
greater capabilities and incorporate new technologies that will enhance the operation of
the website.
Specific new features include the ability to easily accommodate a variety of languages
and different currencies, which will allow the Company to develop international markets
at an accelerated pace.
Our revenue guidance is that license sales will achieve a run rate of approximately
$700,0000 within a 12 month period.
Forex Trading Division:
www.cashnow.com
Major development s anticipated within the third quarter is achieving broker-dealer
status. The Company is currently in the process of obtaining a Series 3 license for
commodities and futures trading. We have been preparing the required organizational
4
changes to support the move, so that once our Series 3 license is in place, we will become
a qualified Dealer-Broker.
This will allow the Company greater control over its operations, and provide additional
revenue generating service capabilities.
Concurrently, the Company is in the process of obtaining NFA membership (National
Futures Association), a key industry association that the Company views as a mandatory
achievement.
The Company’s revenue guidance is that the Forex Trading division will achieve a
run rate of roughly $500,000 within the next 12 months.
AEFM:
One of the Key attractions related to our AEFM (Advanced Electronic Funds
Management) division, is that many of the financial products and services represent
recurring and compounding growth.
As an example, as the number of international stored value debit cards grow, our revenue
growth is compounded, and not linear. Each card continues to generate revenue over an
extended period of time that will be measured in years, rather than months. Fixed costs
remain flat. Margins are consistent, and may actually improve gradually in time. Simply
put, many of the AEFM products will become cash cows, essentially self-managing and
spinning out revenue on an increasingly significant basis.
There are a number of deals that have been closed, or are in negotiation. It has been
difficult to assess probabilities and revenue opportunities, especially in consideration of
the fact that any one deal may represent a major impact on revenues for the division.
In addition to all of the financial services previously announced, the Company is reentering
the ATM business, with an eye on international markets. This is a natural
complementary product with which the Company has had previous experience and great
success.
Our best analysis is that the Company will achieve a run rate of approximately $1.8
million within the next 12 month period.
5
Structured Debt Resolution:
Our Structured debt resolution division is still in the software development stage. We
anticipate that the software will be in Beta test within the third quarter, and hopefully
launch within a 4-6 month time frame.
The Company has also been developing marketing techniques and opportunities that will
allow the division to ramp up relatively quickly once it is launched.
Our revenue guidance is that our conservative revenue objective of $25,000 a month
will be achieved within the next 12 months, for a run rate of $300,000.
Summary:
In total, our perspective is that we are very bullish about our prospects moving forward.
We think we will be generating well over $3 million dollars on an annualized basis
within the next 12 months.
These are our stated objectives, and we will be working hard to achieve them. We have a
great team that pulls together as one. We are proud to be able to state that every single
employee believes in our vision, and each and every one is focused on delivering results.
As is our established tradition, we will continue to provide meaningful and important
information wherever and whenever possible.  

OK Mortgage, This are positive News. what if I said Garr sent me an email? The same people would say "prove it". How do I prove anything? I can't do an official PR. Good grief, I'm just sharing what I know. You guys have to decide whether to believe me or not. BigDogs has given some awesome insight to this board and what does he get? PROVE IT, PROVE IT, PROVE IT. Well let's just face the facts here guys. You are wasting your time here if you want facts. There will never ever be unmistakable facts posted here. If that's what you want, just keep hitting refresh on the pinksheets EFGO news tab. There are your facts, or as close as you will ever get to facts.
 

Here it goes: EFGO TO DA MOOOOOOOOOOOOOOOOOOOOONNNNN!!!!
Wow, I feel good. Humada...Humuda........


Thanks EFGoVOLS!



ALL IMO  

I'm looking forward to the POW WOW tonight.Humuda Humuda

All IMO  

Thanks for posting it again, Govols. LETS-GOOOOOO-EFGO!!!!
You have 2 minutes left : )

All IMO
 

Oh. Ask von 0.0002 auf 0.0004 US$ Cent gesprungen. Kleinen Nervenkitzler!!

Humuda Humuda.I', looking Pow Wow tonight.

All IMO
 

Town Hall Update;

PLEASE ADDRESS ALL OF THESE QUESTIONS AND CONCERNS–IT IS CRITICAL

Is this latest town hall posting the way that Garr intends to get his $$$ while
the shareholders get left holding the bag?? Now it appears Garr has all the
voting rights while the common shareholders have no say? Is this the case?

No, this is not accurate at all. The original intent of the retricted stock he was to receive was based on the concept that his shares would increase in value once he retired from the Company at the end of December. However, this only works if he leaves the Company and is no longer an insider. If he continues to be classified an insider, he can only sell a fraction of his stock at a time, which essentially means he has gone without salary for a year, and can’t sell the stock he received ion lieu of cash. Yes… we are spilling the beans. He may not immediately ride off into the sunset on Dec. 31st. He will comment on this in his President’s messageg - probably published next week.He has not yet received any preferred stock.

He is only going to receive a portion of the preferred stock issued to Minaco-Tradex based on achieving business milestones, and that is nowhere near most or all of it. We think this shows an incredible amount of good faith on the part of Mr. Winters and Minaco-Tradex.

It now shows that Garr isn’t getting paid based on performance as was stated all along. Garr now has a blank check and the shareholders have a very reasonable
potential to be screwed over.

There is no blank check. In fact, this means his common stock will not hit the market in January. The amount and value of his stock he will recieve is still very much tied to performance, and comes out of prefered shares already issued. We fail to understand how this puts shareholders at a disadvantage

The fact that Minaco is transferring ownership to Garr shows there is no deal where if EFGO pays the loan then they get there shares back as indicated before. Was the credit line ever even used??

Minaco is not transferring ownership of Esprit. The line of credit has not yet been drawn down on. There is no ‘palace coup’ in the works. In fact, this is a very public demonstration of Minaco’s good faith in Esprit. They are interested in participating in business opportunities with Esprit and have no desire to manage or run the Company. All parties want to ensure the Company has the financial resources needed to take full advantage of the current deals in the pipeline, many of which are not yet ready to be announced. The same covenants apply to the entire class of preferreds, and the parties are proceeding on a good faith basis to encourage Mr. Winters’ continued involvement in the Company beyond the year-end.

Why is Minaco giving up the only assurance for the payback of the loan? Remember that is why the shares were created in the first place. Can you answer that one?????

Minaco is not giving away all their shares to Garr. He will receive a portion of their holding, and Minaco is showing good faith based on the continued forward progress the Company is achieving.

What is the motive or true intentions here?? Looks like something shady for the shareholders to me. Is the plan to reverse common shares and increase preferred??

We trust that the explanations above satisfy your deisre to understand the ‘true intentions’ of this action. This does not affect our position regarding a reverse split (no reverse split unless required as part of a major business development), and there is no intention to issue additional preferreds for the foreseeable future.

Please, I’m not trying to sound rude or mean but I am now deeply
deeply concerned and will be furious is something underhanded is being done. I,
as a legitimate shareholder just want honest answers and not to be screwed over.

Hopefully, you are now reassured regarding all of your concerns. Thank you for voicing your questions, and giving us the opportunity to carify these actions to all of our shareholders.

ESPRIT FINANCIAL GROUP INCORPORATED-EFGO

For complete company disclosure, visit;

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

All IMO
 

Nix Neues im IHUB - Marsch ins Bett!! Wird aber früh genug kommen!!
 

Früh fängt der Vogel den Wurm!! Humuda Humuda!!...  

 

Kennt Ihr VISA AMEX Diners Club!! Jetzt Nachdenken!! Aber nicht zu Lange!!

Ha Ha

All IMO  

War nur Spass, gN8;-)  

Stockexchanges in Planning:OTCBB/NASDAQ-London u.a  

 

In Frankfurt,demnächst  ander OTCBB und London u.a  
 

Corporate Guidance
Esprit Financial Group, Inc.
June 8, 2007
Introduction:
As reported in our Quarterly report, Esprit is making solid progress across its divisions,
and our financial performance has improved dramatically. Some of the new divisions,
like the Structured Debt Resolution division, are still under development, and are targeted
for launch in the third quarter. On the whole, we have established a very solid
foundation. We are confident that we have placed Esprit in a position for excellent
growth within markets that are still in the growth stage of development. It is not often
that a Company can identify multiple market sectors in the early stages of growth, and we
believe that our continued long-term focus on Internet delivered financial services will be
rewarded handsomely as these markets mature,
While it is too early to expect immediate and significant revenue contribution from our
new portfolio of financial products and services, we have conducted strategic planning
sessions recently, and have made what we feel are achievable projections for growth in
the next twelve months.
Corporate Vision:
As disclosed in our quarterly report, we believe that we have vital core competencies in
Internet delivered financial services direct to the consumer market (B2C) as well as
Text zur Anzeige gekürzt. Gesamtes Posting anzeigen...


providing enabling financial technologies and services for financial institutions and major
clients (B2B2C). Our divisions reflect the following strategic characteristics:
• Consumer facing (direct or indirect)
• Financial Services
• Internet enabled
• Significant growth potential (particularly in emerging market sectors)
• Innovation in product concept or service delivery
We will continue to consider new business opportunities that fit this mandate and have
compelling reasons for entry in the short-term. However, our primary focus is on rolling
out the new financial services within our current business portfolio.
2
Corporate Developments:
Pink Sheets vs. OTCBB Listing:
As recently reported, we have de-prioritized entry onto the OTBBB. There are several
deciding factors that have guided this decision. Foremost, are some advancements
announced by Pink Sheets® LLC.
1. Limit order protection has been mandated for the Pink Sheets as of July, this year.
There are significant positive implications for Esprit in this decision. These rules,
commonly referred to as Manning, historically applied only to NASDAQ listed
securities and those quoted on the OTCBB. The Manning principles and all the
interpretive guidance thereunder will now apply to those equity securities quoted
on the Pink Sheets.
a. Manning generally prohibits an NASD member from trading for its own
account in a security at a price that is equal to or better than an unexecuted
customer limit order in that security, unless the member immediately
thereafter executes the customer limit order at the price at which it traded
for its own account or at a better price.
b. These principles should provide some additional comfort to shareholders
regarding the potential for manipulation of the price per share my any
market-makers.
2. Pink Sheets is in the process of rolling out Disclosure Categorization as of May.
This will clearly differentiate classes of stock based on a company's willingness to
provide adequate public disclosure to the marketplace. This will create a
meaningful distinction between real companies, such as Esprit, and stocks that
have no real business, just a story and a song and dance.
a. Esprit has submitted the requisite documentation to become a fully
reporting company under the ‘Current Information’ (Pink Checkmark)
category. This means that the Company will meet Pink Sheets Guidelines
for Providing Adequate Current Information, confirmed by a quarterly
letter from an attorney, all of which must be posted on the Pink Sheets
News Service and displayed on pinksheets.com.
b. Disclosure is deemed to be current if it is posted within 120 days of the
fiscal year ended (annual reports) and within 60 days of the quarter ended
(quarterly reports) and interim material events should be disclosed on a
timely basis.
In summary, many of the reasons to move to the OTCBB for greater credibility and
demonstration that the Company is acting to a higher standard of disclosure will now be
accommodated within the Pink Sheets.
In consideration of the fact that the move to the OTCBB would require significant time
and attention of senior management in properly completing all of the requisite forms,
3
management feels that our time is better spent on revenue producing operations rather
than regulatory bureaucracy
M&A guidance:
We will continue to keep an open mind regarding mergers and acquisitions. However,
this will be on an opportunistic basis when a deal is simply too good to pass up. Our
plate is pretty full at the moment and we are focused on managing growth within the
current portfolio of products and services.
PayDay Loan Division:
www.cashnow.org
Esprit’s new software platform is currently in Beta Test mode. We anticipate that it will
come on-stream in the next 30 – 60 days. This has been a major undertaking to provide
greater capabilities and incorporate new technologies that will enhance the operation of
the website.
Specific new features include the ability to easily accommodate a variety of languages
and different currencies, which will allow the Company to develop international markets
at an accelerated pace.
Our revenue guidance is that license sales will achieve a run rate of approximately
$700,0000 within a 12 month period.
Forex Trading Division:
www.cashnow.com
Major development s anticipated within the third quarter is achieving broker-dealer
status. The Company is currently in the process of obtaining a Series 3 license for
commodities and futures trading. We have been preparing the required organizational
4
changes to support the move, so that once our Series 3 license is in place, we will become
a qualified Dealer-Broker.
This will allow the Company greater control over its operations, and provide additional
revenue generating service capabilities.
Concurrently, the Company is in the process of obtaining NFA membership (National
Futures Association), a key industry association that the Company views as a mandatory
achievement.
The Company’s revenue guidance is that the Forex Trading division will achieve a
run rate of roughly $500,000 within the next 12 months.
AEFM:
One of the Key attractions related to our AEFM (Advanced Electronic Funds
Management) division, is that many of the financial products and services represent
recurring and compounding growth.
As an example, as the number of international stored value debit cards grow, our revenue
growth is compounded, and not linear. Each card continues to generate revenue over an
extended period of time that will be measured in years, rather than months. Fixed costs
remain flat. Margins are consistent, and may actually improve gradually in time. Simply
put, many of the AEFM products will become cash cows, essentially self-managing and
spinning out revenue on an increasingly significant basis.
There are a number of deals that have been closed, or are in negotiation. It has been
difficult to assess probabilities and revenue opportunities, especially in consideration of
the fact that any one deal may represent a major impact on revenues for the division.
In addition to all of the financial services previously announced, the Company is reentering
the ATM business, with an eye on international markets. This is a natural
complementary product with which the Company has had previous experience and great
success.
Our best analysis is that the Company will achieve a run rate of approximately $1.8
million within the next 12 month period.
5
Structured Debt Resolution:
Our Structured debt resolution division is still in the software development stage. We
anticipate that the software will be in Beta test within the third quarter, and hopefully
launch within a 4-6 month time frame.
The Company has also been developing marketing techniques and opportunities that will
allow the division to ramp up relatively quickly once it is launched.
Our revenue guidance is that our conservative revenue objective of $25,000 a month
will be achieved within the next 12 months, for a run rate of $300,000.
Summary:
In total, our perspective is that we are very bullish about our prospects moving forward.
We think we will be generating well over $3 million dollars on an annualized basis
within the next 12 months.
These are our stated objectives, and we will be working hard to achieve them. We have a
great team that pulls together as one. We are proud to be able to state that every single
employee believes in our vision, and each and every one is focused on delivering results.
As is our established tradition, we will continue to provide meaningful and important
information wherever and whenever possible.