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Esprit Announces Management Team Travel to Russia and China
Esprit Announces Management Team Travel to Russia and China.
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[{"type":"text","content":"Esprit Financial Group Inc. (Esprit) (EFGO.PK) Announces Management Team Travel to Russia and China\n\nLAS VEGAS, NV, June - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com disclosed today that a senior management will be leaving for Russia and China later this week.\n\nThe Russian leg of the trip will include preliminary meetings to evaluate opportunities for an open loop payment system for that market, as well as other AEFM services. An open loop system provides access by any merchant and customer, without restriction by banking affiliation. The most notable example of an open loop payment system is Paypal?. The Russian market represents virgin territory for this type of service, as well as many other of the AEFM financial service capabilities.\n\nThe Chinese leg will see the Company continuing its due diligence process for the previously announced desire for an acquisition in that region. The trip will allow Esprit executives to review local operations. A number of meetings with potential AEFM clients and strategic partners are key highlights within the travel itinerary.\n\nEsprit CEO Garr Winters explained; \"As we continue our due diligence process in China, we continue to discover areas of synergy and opportunity. We are quite optimistic that our planned acquisition of the Asia closed loop firm could represent an ideal partner to begin penetrating the Chinese market, which quite obviously represents a market opportunity too large to label with a simple descriptor. We have the opportunity to enter this market with a local partner and a solid network of business contacts. This will be coupled with a first to market advantage for our advanced financial services. All of our initial groundwork indicates that AEFM's EM2 and related services will be in high demand within this enormous market\".\n\nThe Company will continue to release updates as they become available, subject to the limitations of an extremely hectic schedule.\n\nEsprit Financial Group, Inc. is currently featured at http://www.audiostocks.com. Additionally, a recent CEO interview by Wallst.net. can be reviewed at www.wallst.net/audio/audio.asp?ticker=EFGO&id=3421.\n\nAbout Esprit Financial Group Inc. \n\nEsprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include:\n\nPayDay...