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EFGO [ Esprit Financial Group, Inc ]
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[QUOTE]Originally posted by BooDog: [QB] Esprit Financial Group Inc. (Esprit) (EFGO.PK) Completes Sale of Stock under Rule 504 of Regulation D Monday May 14, 6:14 am ET LAS VEGAS, NV, May 14 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) [URL=http://www.espritfinancialgroup.com]www.espritfinancialgroup.com[/URL] today announced that it has exhausted its available pool of stock shares saleable under Rule 504 of Regulation D of the US Securities and Exchange Commission. "In order to properly fund much of our expansion into new financial products and services, we sold shares under this rule of exemption," said Garr Winters, CEO of Esprit. "Now that the development of our new product divisions are well on their way to reach the market, and we are properly capitalized to complete the regulatory filings and audited financial statements necessary to facilitate the company's move to the OTC Bulletin Board, we have exhausted the number of saleable shares and have now concluded this process." Esprit is seeking to make the move from Pink Sheets to the OTCBB in the latter part of this fiscal year. For an explanation of Rule 504, please visit [URL=http://www.sec.gov/answers/rule504.htm.]www.sec.gov/answers/rule504.htm.[/URL] Winters added, "We are making very good progress towards our goals across all of our divisions. We anticipate being able to announce the launch of several new products, strategic partnerships, and most importantly, new client contracts within the next 60 - 90 days." In other Company news, Winters noted, "As previously announced, we plan to release our financial statements this Tuesday May 15th. Importantly, we also believe that we have identified the sources of the recent strong downward pressure on our stock price, and anticipate that our stock will now begin trading again on its own merits without manipulation by third parties." Esprit Financial Group, Inc. is currently featured at AudioStocks, where a profile and other information may be obtained by visiting http://www.audiostocks.com. sorry dalton, the word wrap or justification on your post was driving me nuts :D ;) [/QB][/QUOTE]
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