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imants audits on the way June 24
BEIJING, China, June 24 /PRNewswire-FirstCall/ - www.goodlifechina.com PINKSHEETS: GLCC.PK is pleased to announce that the company board has unanimously passed a resolution to move forward with preparing the audited financial statements.
http://biz.yahoo.com/prnews/080624/to233.html?.v=82
To make illegal Money
Simple as that, with Illegal Shares they sold on the open markets.
Well now your admitting there may be Shorting
Quite a change of direction Huh?
You State
Here is another fact, even if there was a huge NSS problem, GLCC will never ever recover those shares. WHY does anyone remember the OVERSTOCK.COM lawsuit over NSS, a fully reporting NASDAQ stock, well they lost in court and never recovered anything. Now how would a Mickey mouse operation like Goodlife have more power over a well known Nasdaq company who lost. The shorty talk is non-sense.
tryintoclimb nice way to phrase it
It's crytal clear. Shorty is going down to the fire:) If it gets to hot shorty, maybe we will dump some of our new chinese bottled water down on you:) Of course you will have to pay a premium for the water, kind of like "covering" so to speak. Have a great night longs. Last post for me;)
Good Life China (GLCC) Update On Private Placement
TORONTO, June 27 /PRNewswire-FirstCall/ -- Good Life China Corporation http://www.goodlifechina.com/ (Pink Sheets: GLCC) is providing a further update on the recently announced completion of the private placement. The financing consisted of a non-brokered private placement of 225,000,000 units. Each unit consisted of one common share, and one share purchase warrant entitling the holder to purchase one additional common share at a price of $0.25 for two years following the closing.
The subscription included a block of shares that will be held in escrow pending the completion of the issuers audited statements for the subscribed $10,000,000 placement with a European Fund. The issuer announced the actual sum subscribed of $2,000,000.00 rather than the targeted total of $12,000,000; as $10,000,000.00 placement with a European Fund is still subject to receipt of the audited statements. Obviously should the issuer fail to complete the audited statements or the $10,000,000.00 is not advanced for any reason that block of shares would be returned back to the treasury.
The issuer felt that its previous announcement of the audited statements requirement for the $10 million dollar funding was sufficient advice to the markets. It now appears to the issuer, that some novice investors are being exploited by a couple of organized groups with their own agenda. These New York and New Jersey based organized groups continue to spew false dark propaganda and slander while hiding behind alias, radius servers and other tools generally used to protect their identity, for reasons that are apparent on their face, for the benefit of their short seller employer. The issuer asks these groups to come forward as civilized and mature adults and any legitimate shareholder to freely come forward and identify themselves with any questions at the following help desk link. http://www.minamargroup.com/helpdesk The issuer assures its followers that any legitimate questions from a legitimate shareholder will be answered promptly.
With both Canada Day and USA holidays next week and office closings, the issuer will use this next week time frame as a "time out on news and developments". The issuer sees this as an opportunity for the markets to absorb and digest the great progress the issuer has made to date.
The common shares of the Company are currently dually listed in the USA Pink Sheets (symbol GLCC.PK) and the Frankfurt Stock Exchange (Xe:L9X). The issuer is in good standings with Pink Sheets and ranked as a "Current Information" filer with its security.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT http://www.minamargroup.com/helpdesk
DATASOURCE: Good Life China Corporation
CONTACT: http://www.minamargroup.com/helpdesk
public_eye I wonder
I especially love this part:
These New York and New Jersey based organized groups continue to spew false dark propaganda and slander while hiding behind alias, radius servers and other tools generally used to protect their identity, for reasons that are apparent on their face, for the benefit of their short seller employer.
Who's our guy from NJ, what was his name I can't remember...
and the others from NY seem very familiar...
A Legitimate challenge
(The issuer asks these groups to come forward as civilized and mature adults and any legitimate shareholder to freely come forward and identify themselves with any questions at the following help desk link. http://www.minamargroup.com/helpdesk The issuer assures its followers that any legitimate questions from a legitimate shareholder will be answered promptly)
If the critics truly want to help investors as they say they do then they should contact the http://www.minamargroup.com/helpdesk.
TORONTO, June 27 /PRNewswire-FirstCall/ -- Good Life China Corporation http://www.goodlifechina.com/ (Pink Sheets: GLCC) is providing a further update on the recently announced completion of the private placement. The financing consisted of a non-brokered private placement of 225,000,000 units. Each unit consisted of one common share, and one share purchase warrant entitling the holder to purchase one additional common share at a price of $0.25 for two years following the closing.
The subscription included a block of shares that will be held in escrow pending the completion of the issuers audited statements for the subscribed $10,000,000 placement with a European Fund. The issuer announced the actual sum subscribed of $2,000,000.00 rather than the targeted total of $12,000,000; as $10,000,000.00 placement with a European Fund is still subject to receipt of the audited statements. Obviously should the issuer fail to complete the audited statements or the $10,000,000.00 is not advanced for any reason that block of shares would be returned back to the treasury.
The issuer felt that its previous announcement of the audited statements requirement for the $10 million dollar funding was sufficient advice to the markets. It now appears to the issuer, that some novice investors are being exploited by a couple of organized groups with their own agenda. These New York and New Jersey based organized groups continue to spew false dark propaganda and slander while hiding behind alias, radius servers and other tools generally used to protect their identity, for reasons that are apparent on their face, for the benefit of their short seller employer. The issuer asks these groups to come forward as civilized and mature adults and any legitimate shareholder to freely come forward and identify themselves with any questions at the following help desk link. http://www.minamargroup.com/helpdesk The issuer assures its followers that any legitimate questions from a legitimate shareholder will be answered promptly.
With both Canada Day and USA holidays next week and office closings, the issuer will use this next week time frame as a "time out on news and developments". The issuer sees this as an opportunity for the markets to absorb and digest the great progress the issuer has made to date.
The common shares of the Company are currently dually listed in the USA Pink Sheets (symbol GLCC.PK) and the Frankfurt Stock Exchange (Xe:L9X). The issuer is in good standings with Pink Sheets and ranked as a "Current Information" filer with its security.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT http://www.minamargroup.com/helpdesk
DATASOURCE: Good Life China Corporation
CONTACT: http://www.minamargroup.com/helpdesk
Now here is a challenge again to critics
who post here on GLCC.
Posters take note on all the excuses you will see from those who post negative opinions about GLCC.
Ask these posters why they do not take the offer described here.
(The issuer asks these groups to come forward as civilized and mature adults and any legitimate shareholder to freely come forward and identify themselves with any questions at the following help desk link. http://www.minamargroup.com/helpdesk The issuer assures its followers that any legitimate questions from a legitimate shareholder will be answered promptly)
If the critics truly want to help investors as they say they do then they should contact the http://www.minamargroup.com/helpdesk.
TORONTO, June 27 /PRNewswire-FirstCall/ -- Good Life China Corporation http://www.goodlifechina.com/ (Pink Sheets: GLCC) is providing a further update on the recently announced completion of the private placement. The financing consisted of a non-brokered private placement of 225,000,000 units. Each unit consisted of one common share, and one share purchase warrant entitling the holder to purchase one additional common share at a price of $0.25 for two years following the closing.
The subscription included a block of shares that will be held in escrow pending the completion of the issuers audited statements for the subscribed $10,000,000 placement with a European Fund. The issuer announced the actual sum subscribed of $2,000,000.00 rather than the targeted total of $12,000,000; as $10,000,000.00 placement with a European Fund is still subject to receipt of the audited statements. Obviously should the issuer fail to complete the audited statements or the $10,000,000.00 is not advanced for any reason that block of shares would be returned back to the treasury.
The issuer felt that its previous announcement of the audited statements requirement for the $10 million dollar funding was sufficient advice to the markets. It now appears to the issuer, that some novice investors are being exploited by a couple of organized groups with their own agenda. These New York and New Jersey based organized groups continue to spew false dark propaganda and slander while hiding behind alias, radius servers and other tools generally used to protect their identity, for reasons that are apparent on their face, for the benefit of their short seller employer. The issuer asks these groups to come forward as civilized and mature adults and any legitimate shareholder to freely come forward and identify themselves with any questions at the following help desk link. http://www.minamargroup.com/helpdesk The issuer assures its followers that any legitimate questions from a legitimate shareholder will be answered promptly.
With both Canada Day and USA holidays next week and office closings, the issuer will use this next week time frame as a "time out on news and developments". The issuer sees this as an opportunity for the markets to absorb and digest the great progress the issuer has made to date.
The common shares of the Company are currently dually listed in the USA Pink Sheets (symbol GLCC.PK) and the Frankfurt Stock Exchange (Xe:L9X). The issuer is in good standings with Pink Sheets and ranked as a "Current Information" filer with its security.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT http://www.minamargroup.com/helpdesk
DATASOURCE: Good Life China Corporation
CONTACT: http://www.minamargroup.com/helpdesk
Yep breezin_chs, Woo family Net Worth: $3.0 bil
Nice, GLCC the Seven-Eleven of China on its way to becoming the Chinese Wal-Mart.
Welcome, Peter Woo & Family!
Your confidence in Haorizi/Good Life speaks volumes.
http://www.forbes.com/lists/2007/10/07billionaires_Peter-Woo-family_VFSP.html
The World's Billionaires
Peter Woo & family
Net Worth: $3.0 bil
eyeamgame For a reason I would venture to guess.
You and I do not know what is transpiring behind the scenes. By reading all the latest news I would think something big is going to benifit the Company and shareholders.
Time will tell, I have done my DD and I am staying right here with GLCC.
garde54 last day of second quarter is on Monday june 30, 2008
Any predictions from the Master LOL
the first trade for the second quarter of 2008
was on April 04 open .45
----------------high .5
----------------low .45
close---------- close .5
Wow ! look at that !
last day of second quarter is on Monday june 30, 2008 !
Go glcc go !
Kylock like (GLCC) To Prepare Audits
BEIJING, China, June 24 /PRNewswire-FirstCall/ -- http://www.goodlifechina.com/ PINKSHEETS: GLCC.PK is pleased to announce that the company board has unanimously passed a resolution to move forward with preparing the audited financial statements. Mr. Yang, a company spokesperson, said, "Late last night we advised our corporate advisors that GLCC will begin the task of preparing audited statements. We have a number of USA and UK based corporate and accredited investors who have stepped up to the plate and expressed their serious intentions to fund GLCC to the tune of 10 to 20 million dollars for future expansions. It is our understanding that this is the first step needed towards obtaining any serious financing, then moving on to becoming an SEC reporting issuer and onwards to a higher exchange. The issuer is also considering the possibility of (once the audits are completed, filed, and approved) of spinning out some of its divisions - i.e the IT and or North American divisions - while the main asset based operating entity moves on with its aspirations of a higher exchange. Obviously our shareholders would be issued a new block of stock and be shareholders in both entities, moving forward. No pay date or a decision has been made on this, as of yet. At this point the GLCC management focus will be on getting the audited statements completed and filed so to begin the process of further advancement."
The common shares of the Company are currently listed in the USA Pink Sheets (symbol GLCC.PK) and the Frankfurt Stock Exchange (Xe:L9X) The issuer is in good standings with Pink Sheets and ranked as a "Current Information" filer with its security.
CONTACT: http://www.minamargroup.com/helpdesk
Safe Harbour Statement
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
DATASOURCE: Good Life China Corporation
CONTACT: http://www.minamargroup.com/helpdesk
Bigdogs Good move IMO
If Priate Placements are investing in GLCC it means they see a Good opportunity IMO. Yet the naysayers will try to convince you and new investors otherwise. Now why is that?
Hmmmmmmmm. Agenda, Good DD (not), trying to save you (sure).
Sounds good to me.
The more Private money backing this the higher this will go.
By the way did you buy the .011s and .012s like I did
They will be worth a ton in the next few months
magicface Hello
Hang in, GLCC stock of 2008. Mark this post LOL.
doinit Good point HMMMMM
when the posting is the most neg. and the price p/s looks the worst , why it's time to BUY, BUY, BUY, AND REMEMBER , PATIENCE, PATIENCE, PATIENCE !!!!! gltya !!!!!
ergo sum No not until it is Fact
You can not stipulate something like that, you need Fact not opinion. That is the problem with posters that do not post Fact.
Therefore, can the ranting, my friend!!
AGENDA IMO EOM.
Snow
1) By inference, you are implying that I am "stupid," using your term.
2) Surely, you can elevate your opinion above that.
3) I agree that the warrants are of no consequence at the moment.
4) If you review my original post, I implied that negatively looking at this PR would drop this into .000...land.
5) The people who invested in the warrants are not "stupid" (your term).
6) In addition, they would not invest (IMO) if they believed the stock would only be approx .01 by February. They would use their $$$ more wisely.
7) I am searching for the logic here, as is everyone, and I do not wish to react emotionally and lose a potential opportunity.
8) Therefore, can the ranting, my friend!!
This is it Folks Buy IMO
TORONTO, June 27 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (Pink Sheets: GLCC - News) is pleased to announce that the issuer has completed its private placement offering memorandum. The issuer is pleased to announce that the offering was fully subscribed for a total of $2,000,000.00.
http://biz.yahoo.com/prnews/080627/to372.html?.v=39
ergo sum No Idea
EOM
MrRawlins, Thanks and Good Luck
I agree on a lot of Pink Sheet Stocks on your sentence YOU DONT PLAY THE COMPANY YOU PLAY THE STOCK.
But in the case of GLCC it should read YOU DONT PLAY THE STOCK YOU PLAY THE COMPANY. LOL All IMO. I am long and strong the potential is great.
Ok. Maybe I'll get back in sometime soon but right now I'm playing with college money and of course I need that. I have nothing but respect for you as you are the one who seems to actually KNOW their s***. I respect that. I just don't like the way it's looking right now. Judging by the L2 their isn't enough buying power to get back to it. and Plus their has been mixed signals with PR's that they are sending out. First their going to be bought out then they are going to merge, dividends (not sure what's going on with that) they're have been too many PR'S and for the stock to be stuck at .01 why? Someone needs to explain something from upper management. YOU DONT PLAY THE COMPANY YOU PLAY THE STOCK.
MrRawlins Your Choice but
I would look at the PR's one more time. Here is one.
The issuer expects to be in a position to announce its UK based corporate advisor, who specializes in mergers buyouts and corporate acquisitions, together with its Olympic sponsorship candidate and spokesperson by the end of the month.
BEIJING, China, June 20 /PRNewswire-FirstCall/ - Pink Sheets: GLCC www.goodlifechina.com . The issuer is providing this expansion and management update to its followers as a follow up. As of June 20 2008 there are 3 distribution centers in operation. The current number of franchise stores is 1811. The current number of Gas stations with Petro China Marketing company is 512. The current number of stores being serviced for Beijing SJJJF Supermarket Chain, (SJJ) is 550.
http://biz.yahoo.com/prnews/080620/to401.html?.v=43
public_eye ST IMO
Is in real DEEP. Hope they drown. I use Bank of America.
reconranger Let Rock, audited financial statements
Solid Company in GLCC
BEIJING, China, June 24 /PRNewswire-FirstCall/ - www.goodlifechina.com PINKSHEETS: GLCC.PK is pleased to announce that the company board has unanimously passed a resolution to move forward with preparing the audited financial statements.
http://biz.yahoo.com/prnews/080624/to233.html?.v=82
Good Post, Yet the same unscrupulous individuals
I like that Phrase, it is amazong isn't it EYE.
I find it interesting that although many seem to claim the companys addresing stock manipulators is unprofessional or in poor taste at the very least
We have suddenly be inundated with exactly that. Unscrupulous individuals and possibly groups of the same have appeared in droves criticising every action of the the company, sewing fear and discord by every word they print and tending to feed off each other kinda like a team patting itself on the back.
To claim the stock price demise is of any fault of GLCC simply defies logic and common sense.
I have never seen a company Pink, OTC BB or even AMEX or better take such massive steps to address its share value.
Reducing O/S and A/S, cancellation of dividends that were offered to its insiders, buy back of shares, especially in light of the fact that the stock is trading at less than its cash on hand value alone.
This Company has Assets exceeding its Liabilities by roughly 3 to 1, has over 500,000 in Net Earnings after taxes for 1 qtr alone, Has a massive marketplace, is growing at an alarming rate, has established a massive network of products, distribution, and thats just touching a few things.
I have seen Pinks and OTC BB's that have never netted more than 1 Mil trade higher than us and we are on target for Net Earnings after taxes of over 2 Mil this year even if there was no addional growth since the first qtr.
There could be a return of .013 per share on 2 Mil In Net Earnings after taxes if they only make 2 Mil this year. That is roughly 2/3 of share price today or a 66% Return on Invested Capital. Yet the stock value goes down.
Yet the same unscrupulous individuals and possibly groups of the same have would have you believe there is no manipulation or shorting here, That is absolutely ridiculous IMHO. Someone has decimated this stock value and it isn't the company so just who could it be?
The reason this company puts out PR after PR is because it is a growing company doing remarkable things. It is in explosive growth and is branching out into differant sectors.
The fact the price is going down on such phenominal developments and the influx of droves of unscrupulous individuals and possibly groups questioning and deriding every action of management indicates to me their is some massive manipulation going on.
Those responsable can not let the price recover as it could pronounce the financial doom of the perpetrators but by driving the price down further they simply allow longs to bolster and add to their holdings which in essence multiplies the doom these market manipulators are bringing on themselves.
Something needs to turn on the heat to bring things to a boil.
I think it could be the buy out proposal and not a merger with yet another entity, but thats just me.
Financials and even becoming Fully Reporting does not guarantee stock price rising especially in light of grievous manipulation I believe is currently taking place.
For the majority of Pinks and OTC BB's increasing Net Income, qtr by qtr increases in Revenues, a healthy Balance Sheet, and reduction in O/S shares has been enough for rising stock values of any Pink or OTC fortunate enough to obtain them.
There is no reason for declining stock values in GLCC other than Massive Manipulation.
If something effectually brings correction to that this stock could be astounding.
If correction does not occur how low can they drive stock price and how long can they maintain it.
Qtr by qtr gains will bring correction eventually and with increasing Revenues the possibility of cash dividends in the future can not be unreasonable.
WE need to see more Franchise established and continued market share ontained in all areas of Operation.
eye
Post Unavailable
Additional Information
Post Unavailable
Additional Information
firerat, Thanks, Olympic athlete Laura Bennet
NEWS!!
Olympic athlete Laura Bennet is our girl!!
Already sent her an attagirl by email!
http://biz.yahoo.com/prnews/080626/to337.html?.v=44
mortgage1 I agree
The Press Releases tell me the Fundamentals are there. An up listing to get off the Pink Sheets is a must. I stated a long time ago that the Check Mark Status was a joke and it is IMO.
I am a holder and confident that GLCC will be a good investment.
Yes, I have seen that mr Goodlife. And this video does seem to back up my/our belief that this is a real company, along with PR's involving PetroChina and others, etc.
Again though, the question remains: How will this stock and it's shareholders be treated in the coming weeks and months? Will they force the shorts to cover, either through a deal, continuing buyback of their own shares, or through legal action? OR are the current shareholders merely a "vehicle" to make a few a ton of money for a few close to the company now, then the "real" company comes into focus later--meaning, of course, that CURRENT shareholders are made fools of....?
To be clear, I am NOT claiming that, but what I am stating is that more needs to be stated AND DONE to instill confidence to current shareholders such as myself that the latter scenerio is not going to play out.
rigmedic corrupt forces entails a lot
of different scenarios not only NSS. Time will tell GLCC is the Seven-Eleven of China.
GLCC and Petro China
TORONTO, June 19 /PRNewswire-FirstCall/ - Good Life China Corp Pink Sheets: GLCC.PK www.goodlifechina.com is pleased to announce the completion of additional 2 service contracts with Petro China Beijing marketing company.
All of this should really bring into focus the Good Life sprawling infrastructure, the leading edge back office IT capabilities, and the top brass management of Good Life."
http://biz.yahoo.com/prnews/080619/to373.html?.v=42
(“PetroChina”) is the largest oil and gas producer and distributor, playing a dominant role in the oil and gas industry in China.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30172482
http://www.petrochina.com.cn/Ptr/About_PetroChina/Company_Profile/
http://www.petrochina.com.cn/ptr/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30123398
rigmedic thats your opinion
I think other corrupt forces are involved. Thats my opinion.
Post Unavailable
Additional Information
Newbies or Oldbies: watch this VIDEO;
THE VIDEO RUNS FOR ABOUT 15 MINUTES AND HAS ENGLISH SUBTITLES a few minutes into it:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30050438
GLCC and IGA Stores agreement
BEIJING, April 28 /PRNewswire-FirstCall/ -- Good Life China Corporation (GLCC) is pleased to announce that it has signed a cooperating and, general agent agreement for the province of Hebei, China with International Independent retailer alliance, International Grocers Alliance (IGA).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30057913
garde54 Good suggestion
More action less asking
Likewise John
Good Luck yo you
Short Interest (Shares Short) 163,600
Days To Cover (Short Interest Ratio) 0.0
Short Percent of Float %
Short Interest - Prior 192,700
Short % Increase / Decrease -15.10 %
Short Squeeze Ranking™
% From 52-Wk High ($ 1.50 ) %
% From 52-Wk Low ($ 0.00 ) %
% From 200-Day MA ($ 0.50 ) %
% From 50-Day MA ($ 0.03 ) %
Price % Change (52-Week) %
Shares Float
Total Shares Outstanding
% Owned by Insiders %
% Owned by Institutions %
Market Cap. $
Trading Volume - Today 10,099,159
Trading Volume - Average 7,134,600
Trading Volume - Today vs. Average 141.55 %
Earnings Per Share
PE Ratio
Record Date 2008-JuneB
Sector
Industry
koivu read the PR's
Follow the News GLCC has a lot going for it. It is your call no should advise you what to do.
Start here
BEIJING, June 25 /PRNewswire-FirstCall/ - www.goodlifechina.com (PINKSHEETS: GLCC - News) is pleased to identify Runtian Spring Water Ltd. (Runtian) www.runtian.cn, as a possible company of interest to the issuer. Runtian is a China mainland based company.
http://biz.yahoo.com/prnews/080625/to288.html?.v=69
BEIJING, China, June 24 /PRNewswire-FirstCall/ - www.goodlifechina.com PINKSHEETS: GLCC.PK is pleased to announce that the company board has unanimously passed a resolution to move forward with preparing the audited financial statements.
http://biz.yahoo.com/prnews/080624/to233.html?.v=82
The issuer expects to be in a position to announce its UK based corporate advisor, who specializes in mergers buyouts and corporate acquisitions, together with its Olympic sponsorship candidate and spokesperson by the end of the month.
BEIJING, China, June 20 /PRNewswire-FirstCall/ - Pink Sheets: GLCC www.goodlifechina.com . The issuer is providing this expansion and management update to its followers as a follow up. As of June 20 2008 there are 3 distribution centers in operation. The current number of franchise stores is 1811. The current number of Gas stations with Petro China Marketing company is 512. The current number of stores being serviced for Beijing SJJJF Supermarket Chain, (SJJ) is 550.
http://biz.yahoo.com/prnews/080620/to401.html?.v=43
Bids for GLCC Buyout will Go Up
one candidate to explore a possible merger or a buyout with Good Life China. Just to be clear, we still have the European Publicly traded company that continues to express continued interest.
BEIJING, June 25 /PRNewswire-FirstCall/ - www.goodlifechina.com (PINKSHEETS: GLCC - News) is pleased to identify Runtian Spring Water Ltd. (Runtian) www.runtian.cn, as a possible company of interest to the issuer. Runtian is a China mainland based company.
http://biz.yahoo.com/prnews/080625/to288.html?.v=69
PP 365 has more than 120 million registered users
BEIJING, June 25 /PRNewswire-FirstCall/ - MonArc Corporation, www.monacorporation.com (Pink Sheets: MONA - News). The issuer proudly presents its China operations Technical and Operations Report.
The issuer has completed its filings with Pink Sheets including the following:
1. Traffic Report of www.pp365.com
2. Business Registration of PP365.Com
3. Lease Agreement of its Nanchang China office.(x)
- The issuer also maintains 2 additional offices 1 in Beijing and the
other in Guangzhou. The Beijing office offers redundancy and houses
back up servers, while the Guangzhou office provides customer service
and administrative services.
The issuer employs 111 staff members of which 97 are full time ranging from network administrators, technical support, infrastructure engineers, administrative, clerical and maintenance staff.
The CEO Yong Chan oversees daily operations on a day to day basis. The main products for PP 365 are pp365 proprietary software, and the Web site www.pp365.com, which engages in the business of movie and game rental.
PP 365 has more than 120 million registered users in total. There are about 1 million active users. The business is attracting about 80,000 new users a day. The peak number is about 28,000 users online.
www.pp365.com daily volume is nearly 2 million visits.
The common shares of the Company are currently listed in the USA (symbol MONA) and the Frankfurt Stock Exchange (Xe:GZWM)
http://biz.yahoo.com/prnews/080625/to289.html?.v=71