BRUCE CALDWELL RESIGNS from ESSXsport

[Bruce Caldwell]

OFFICIALLY on Aug 31, 2004
Bruce Caldwell has resigned as President and COO from Giant JR Investments Corp formerly
ESSXsport Corp. and has also resigned as President and CEO from ESSXsport Inc. a Texas Corporation.

He will start his new track and field company up today!

The New name of the new company will be announce next week.

Mr. Bruce Caldwell
former Founder President and CEO of the ESSXsport Corp a public company with name change on June 5 2004 to Giant JR Investments Corp. Mr. Caldwell was also the founder of FiberSport Inc., a Track and Field company active in the 80's, that provided the vaulting pole that won the gold medal and World record in the 1980 Olympics.

He was employed as the General Manager of PORTaPIT International, a division of Sport Supply Group, Inc. from 1991 to 1998. PORTaPIT was an all but abandoned brand name, which was brought back to a record $5.2 million in sales culminating with the contract to supply all equipment for 14 sports to the 1996 Olympic Games.
He served as Director of the Olympic Equipment logistics for the 1996 Atlanta Olympic Games and equipment logistics for the Malaysian Games (Sukma 98). Mr. Caldwell is also the author of The Elusive Bar a comprehensive book on Pole-Vaulting. Out of print 1971 and 1972
Bruce Caldwell in 1999 founded the method of measure of poles and system to move from one size to another called XLOGIC.
http://www.essxsport.com/XLOGIC/disclaimer.htm
He developed a new process to manufactuer vaulting poles in 2002 and also introduced carbon design into his poles later in that year.

The new company will introduce a new design and a new process that will reduce the weight of World Class vaulting poles by almost 25% or at least 1 lb.

IN time the new process can be used in smaller length poles as short as 15'
Complete testing will be done within 4 weeks.

[PVJunkie]

Ok, so I will ask, ESSX poles no longer exist or will giant jr corp continue to make them...........even with the substantial debt they currently have. OR did you buy up all the equip to start up the new co. and they are out of the pole business all together.

[BritDawg]

I hope and pray that ESSX pole will still exist! They're awesome!

[JMP8928]

if essx poles go discontinued, that would SUCK HUGE... but if the concept of essx poles goes under... i will be super super sad. times 10.

[~jj~]

Does this mean that all the poles Essex sold are no longer covered by the implied warrenty?
Can we buy stock in the new company?
Why would you not bring the new improved (better pole) to market under all the good will of the Essx name?


~jj~

[Bruce Caldwell]

GIANT JR Investments corp. is out of the pole business. But in the investment business!

Yes I did buy all the equipment, rights to the ESSX name, and will add some equipment.

All poles sold without warranty-implied warranties allowed in certain states I guess belong to Essxsport Inc.

Yes the ESSX pole still lives made by the same people in FORT WORTH TX. THANK you for your interests. OUR better pole was kept under wraps due to a wait until the Olympics were over.

The substantial debt they have is a result of investments they have accrued for one the Miss Beverly hills deal. With MBH not being a public company the auditors will not be able to establish a value of the stock acquired so this is not an asset on the books but is an expense of the stock used to purchase on the books.

When MBH becomes public it is my opinion that the stock and the company will have value. I am still a major shareholder in GJRI for very good reasons the stock value has the potential to grow.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products; delays in testing and evaluation of products; and other risks detailed in the Company's information package available upon request from the Company.

[~jj~]

So the company that owned Essex (Giant Junior) also owned a beauty pagaent (?), and since the beauty pagent failed- Essex no longer makes poles? There has to be more to the stroy that that!
What is the current price of a share of Giant Junior, is it traded OTC?

~jan~

[PVJunkie]

Im still confused...............If it is your opinion that GJRI will succeed, why leave? It seems you had the freedom to continue your/their pole line as you saw fit. What neccesitated the seperation.

[~jj~]

I don't get it. You seem to be re-inventing your self (again).
~jan~

[Bruce Caldwell]

So the company that owned Essex (Giant Junior) also owned a beauty pagaent (?), and since the beauty pagent failed- Essex no longer makes poles? There has to be more to the stroy that that!
What is the current price of a share of Giant Junior, is it traded OTC?

~jan~

The Beauty pagent has not failed it is thriving business! www.missbeverlyhills.com The auditor could not establish a value on the stock until it is public company or is trading on the market with audited accounting!
They are selling stock at $1.25 per share. And are trying to go pubic within the next few months.
As President of GJRI we bought 4,800,000 shares.
All this is in the filings and is public info!
GJRI has moved to be a BDC which is a business development corp that buys portions of businesses and owns stock in them as they help build JR businesses into Giant Businesses.
To originally build a company publically you have to have a running business so I threw in the track company to get to where we are today.
The Pole division was discected as I wanted to take that portion private. Beside it was not a big enough business for them to own completley or the size they will be engaging in in the future.
I am still a major shareholder of GJRI As an investment company will grow! http://www.pinksheets.com/quote/quote.jsp?symbol=gjri

$.12 per share I own 10 million shares

PS ESSX has no SEX in it!!

[1yeldud1]

Sounds to me like the "holding company" ( money ) pulled the "plug" on the pole making, track equipment business. No money - no business. Normally in the business world the warranty on products are as only as good as the parent company, No company - probably no warranty

[Bruce Caldwell]

I don't get it. You seem to be re-inventing your self (again).
~jan~

YES I agree it seems that way! again This time with no debt all assets paid for