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3. A stock dividend of 0.0026 shares of Landstar Corporation (LDSR) for each share of MonoArc Corporation will be distributed to shareholders of record as of February 1, 2008 in respect of the MonArc Group interest of a spin‐off of Hubei Chuguan Industry Co. Ltd. to Landstar in December, 2008.
What a fun!!!! 14 million shares x 0.0026= 36400 shares LDSR
LDSR price 6.02.2009 -0.0004 .
they want to pay to us.... oooooo 14,56 bucks
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Additional Information
jiadongmei.blog.sohu.com/
Interesting is it our general manager blog or it is another person ?
http://www.haorizi.com/gsjs/gsdt/jzzc_2009.html
Translate it by Google. ''Our'' dear general manager speaks about hundred shareholders.... Surely she does not mean us.
In short :
1. Share Buyback - nothing,company lied about this.
2. Future uplisting to Amex or equivalent major exchange: nothing
3. Share Dilution:- will continue
4. Audited Statements: - nothing done
5. When do restricted shares become free trading?- Management expects that any new issued restricted stock will start
becoming eligible to trade freely in roughly 6months.
Idiots , what we are going to do with garbage which have received from Mona ?
6.Why did GLCC slip back to a ‘Limited Information’ disclosure category
recently? Total bullshit in answer.
14. How will shareholders benefit from the spin-off of the logistics division if
it occurs?-d. There is also the possibility of issuing a stock dividend to GLCC
shareholders, allowing them to take direct participation in the logistic
division’s new company. LOL,there is possibility..................................
Ok, enough from this SCUM. Only one question - where is money diluting from 168 million to 1,5 billion shares?????????????????????????????????????????????????????????????????????????
Investor Relations Firm
The Investors Line
113 Barksdale Professional Center
Newark, DE 19711-3258
Some millions sold shares money can be used for IR office renting. After diluting to 1,88 billion maybe they also buy some computer. Idiots. Period.
From November 5 PR
Net Company profit for the month was RMB 922,800 yuan ($135,000 USD), which brings the total YTD performance to RMB 9,824,400 yuan, or just over $1.4 million USD.
Fillings : Q1 net after taxes 571 116 USD
Q2 not loading to my computer
Q3 net after taxes 757 466 USD
total without Q2 1 328 582
Who is lying????
There some reported that they filled SEC investigation. If I could write in Chinese ,I would send some message to Chinese Communist Party local comittee on one Chinese company business practice. For our dear CEO it would be much more effective when any complain to SEC.
This seems never happenned.....judging by q3 report
Good life China (GLCC) Closes Acquisition of "The People Home" Chain
BEIJING, Sept 04, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to announce that the acquisition of Shijiazhuang based "The People Home" (TPH) chain of 625 stores has been successfully closed.
The acquisition is a very significant one, from both a top-line revenue point of view, and in terms of achieving ever-growing economies of scale on the logistics side of the retail business - which is the core focus of Good Life's business model. Additionally, the acquisition significantly expands Good Life's retail level footprint in China, and may signal the first signs of consolidation of retailers in rural areas of China.
TPH has a total of over 600 stores, carrying a variety of low-cost consumer products. With the addition of TPH, Good Life now boasts a total of over 3,300 stores.
The addition of TPH also broadens the number of suppliers that will be tied in to Good Life's advanced warehousing and logistics capabilities. Expanding the supplier side of the retail distribution channel is as important to Good Life as the expansion of its retail locations - as the Company generates revenues from both sides of the retail equation.
Good Life CEO, Dong-Mei Jia, noted, "This is a very exciting development for the Company. We had established an objective of 4,000 retail locations by the end of 2008, and we have a good chance of meeting that objective.
We also believe that we can improve the operating efficiencies of TPH, and increase the level of profitability by lowering costs on the supply-side by way of volume discounts due to the consolidation, as well as reduced warehousing and distribution costs through utilization of Good Life's 'best of breed' logistics capabilities."
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.
Shares for Agrico instead of returning to treasury are dumped to market. Small hope that maybe O/S are 888 ,but float can be just now 600-700 million. But all this is just guess.JMO
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Notice Of Interest To MonArc Corporation (MONA) Shareholders Update
Sep 1, 2008
Pink OTC Markets News Service
Beijing, China — Beijing, September 1 2008 - MonArc Corporation www.monacorporation.com (Pink Sheets: MONA - News) is pleased to provide this corporate update to its shareholders and followers. Although parts of this update may not be news worthy to some of the company's investing public, the issuer has disseminated this update through a limited reach Pink Sheet news service. Nonetheless, the company sees this as a great way to convey daily activities and updates to its shareholders and followers via this "NOTICE OF INTEREST TO GLCC SHAREHOLDERS (UPDATE NOTICE)"
The issuer would also like to use this opportunity to express its gratitude to its followers and shareholders on their patience, and fortitude while the company engaged in these complex transactions and relatively reserved itself to a quiet period on these topics which is now coming to an end.
On or about June 20, 2008 the issuer completed the private placement. The company utilized some of these funds, to seek growth opportunities primarily in China. A Chinese based Oil company was identified. At the same time the issuer looked at acquiring a hotel broadband ISP. The issuer posted the complete business plan of Hubei Chuguan Industry Co.Ltd on the FILINGS section of Pink Sheets. The issuer also filed a simplified short version (due to the size of the full version 7 megs)
The issuer's mindset was to eventually spin off or sell off these companies and to obtain a larger position in the Oil Company. A Chinese based marketing company MCD was also targeted however proved to be a much larger acquisition target that the issuer could not absorb. In the course of negotiations and discussions the issuer became the subject of acquisition.
The issuer consulted with its board members and advisors and began the exploration of a buy out of the controlling position. The transaction is set to close with MCD on or about September 11, 2008. MCD is the process of developing its English based web site that will link in from the issuer's corporate web site. The formal announcement, the web site launch of MCD and the complete new management and board appointment will take place in 30-45 days (transition period) or thereabouts from September 11 2008 scheduled closing day. The transition period will allow the current MONA management to resolve any outstanding matters, and sale of remaining assets.
The current MONA management has negotiated an autonomous cession of PP365.Com and its interest in Inotrek ISP interest from MCD after September 11 2008 to allow the now current management to find a suitable purchaser for these assets. The company is currently negotiating with 1 purchaser on all cash basis. The entire proceeds of this sale will be paid out to current MONA shareholders. No pay date has yet been set.
On the status of other asset disposition, the issuer has identified 1 purchaser for its Oil Company position. The Oil Company (Hubei Chuguan Industry Co.Ltd) is part of a larger conglomerate with revenues in the 80-100 million dollar range and assets in the 400-500 million range. The issuer's stake is in the Hubei Chuguan Industry Co.Ltd (Environmental) division with current revenues of about 10 million dollars and assets of about 20 million. The issuer's corporate advisors and management believes that a dividend of 10-12 million dollars to MONA shareholders may be achieved in this transaction.
The issuers current secretary and X CEO Mr.Garr Winters, who was instrumental in the Hubei Chuguan Industry Co.Ltd transaction and the separate MCD transaction, has also been chosen by the MONA board members and Mr.Chan the current MONA CEO to quarterback these 2 separate dividend payouts to MONA shareholders. Mr.Garr Winters said "Although it is too premature to say, when all is said and done, with these asset sales the dividend could topple 12c to 18c per share in total"
Mr.Winters has indicated that he will not seek the appointment with the issuer in any capacity after the merger and asset sale. Under the terms of the MCD purchase agreement, MCD has made a condition prescient that Mr.Winters remain as a transitional officer for North America until the MCD board can select a new suitable North American representative. The issuer and management are of the opinion that some amicable and a workable solution can be found. Mr.Winters is currently acting as an advisor, and secretary to several small cap publicly traded companies, and in the process of being named as a CEO of an OTCBB company engaged in transportation services.
Moving forward (Corporate Compliance) MCD has indicated that it is desirous of obtaining the Pink Sheets Current Issuer status. Currently all documentation has been filed and under review with Pink Sheets. The issuer has heard back from Pink Sheets and Pink Sheets compliance Department is seeking a more detailed opinion from lawyer. The issuer has retained new legal advisor from North East USA, who is currently reviewing all documents before a 2nd legal opinion can be provided. MCD is also eager to achieve a solicited issuer status. Its new management continues to work with its primary market maker Aurora Financial to achieve this and has instructed its legal advisor to assist in this task. A 2nd market maker West Minister is also assisting in an advisory capacity.
MCD is a relatively large company in terms of revenues, sales, and operations. MCD sees MONA as a stepping stone, into the entry of the public markets. MCD is eager to see the successful completion of the Corporate Compliance stage. Once the Corporate Compliance is completed MCD next logical step would be to have MONA reinstate itself to being an SEC reporting issuer. MONA delisted from being an SEC reporting issuer by filing a 15-12G form on or about May 17 2008. MCD is desirous to add its 7,000 plus current shareholder base to MONA. Under the rules when an issuer surpasses 500 shareholders it must become a solicited issuer.
Mr Yong Chan MONA CEO said "MONA stock has never for one reason or another received the respect it truly deserves. I can sympathise with many shareholders and at times also share some of their Sinicism, that arises from unsolicited and or non SEC reporting issuers pounding their chest proclaiming their desires to up list to OTCBB and later nothing comes of it. In our case, and should this Corporate Compliance not come to a fruition MCD management has indicated that they will spin out of MONA and vend into an OTCBB taking all the current MONA shareholders with them to OTCBB or wherever they choose to up list to".
In summary this 30-45 day transition period will serve more than just that. MONA current management is confident that the Corporate Compliance threshold can be met and this achieved.
Mr.Winters added "To me the glass is always half full. In the event for whatever reason this Corporate Compliance threshold cannot be met then one of the solutions would be for MCD to do what Mr.Chan here suggested and perhaps one of the other options is to convert MONA to a USA based Special Purpose Acquisition Company (SPAC).
Mr. Winters further added SPAC is a special purpose acquisition corporation, commonly known as a "SPAC," and formally a "development stage company," is generally incorporated with the primary objective of raising funds through a public offering of its securities primarily for purpose of acquiring one or more operating companies. The Founding Stockholders purchase the company's common stock for nominal consideration and generally retain, after completion of the IPO, 20% of the SPAC's common equity. Some or all of the Founding Stockholders also serve as the SPAC management team that will search for prospective target operating companies.
The most distinguishing characteristic of a SPAC is that it gives investors the opportunity to vote on potential transactions and redeem a portion of their proceeds held in the trust account if they vote against a proposed transaction.
One of the unique characteristics that MONA can offer is a constant dividend to its shareholders in all of these various China based companies. I know that some of the corporate financiers and even some X large shareholders would welcome this transformation and they have indicated to me that they would increase their positions quickly. MONA is finally en route to getting some respect and price increase which is long overdue.
Mr Wong the spokesperson for MCD said "This is one of the reasons MCD management has made it condition precedent that Mr. Winters remain as our Secretary at least for the good part of this and next year, as he seems to be quite knowledgeable in this field, and able to put this all together that can benefit the current MONA shareholders and more than 7,000 of MCD participants.
This is very important to us, and the reason MONA is attractive to us. Its management and its connections, without that we have over 50,000 other candidates to choose from. We believe that MONA is the best candidate for our short and long term objectives.
The common shares of the Company are currently listed in the USA (symbol MONA) and the Frankfurt Stock Exchange (Xe:GZWM)
CONTACT: corporate@monacorporation.com
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.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not Pink OTC Markets Inc. are solely responsible for the accuracy of such news releases.
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Other News Sources
Pub Date Headline
Aug 28, 2008 MonArc Corporation (MONA) Sale To China Marketing Company
Aug 28, 2008 OTCReporter.com: MONA - OTCReporter.com's " Featured Company " gains on strong volume
Aug 27, 2008 MonArc Corporation's (MONA) To Be Acquired by a Chinese Direct Marke
I suggest new money making way - making bets on what GLCC is gonna do. Members - ALL IHUB. Options - sell NA divison, sell all to ENG America, reverse merger with WMNT , pig factory is buying all GLCC outstanding shares, doing nothing. I see last option as the best one. :))))))))))))))))
NEW FILLING ALL CASH basis hmmmmmmmm
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=16149
ONE CLASS FOR 2 MILLION DOLLARS AT 0.70 cents to its shareholders ,as of February 1 ,2008.
I do not understand . For 2 millions they can issue 2,857,142 shares ,but there was around 12-13 million divies shares. Where I am wrong????
Overall sentiment has turned to neutral after private palcement. But letter was real interesting. As I said just now audited financials are clue. But it can take 2-3 months.
NEW FILLING ON 10,000,000. Interesting......
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15983
There will be new filling regarding private placement on Pinksheets .com during weekend. Info from IR.
But one thing there is clear. If they provide audited financials close to pinksheets one, then longs win. If not.... 2-3 month game
I would say some game is going on. But we do not see all cards.......
see my post 20926.
I WAS RIGHT:)))))
OK, I asked IR why price for placement one share is so low... Question on O/S I sent yesterday...See below..
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Ticket #730461
Ticket Status: closed
Department: Support
Create Date: 06/26/2008 6:46 pm
Name: xxxxxxxxx
Email: xxxxxxxxxxxxx
Phone:
Subject: GLCC
Ticket Thread
Thu, Jun 26 2008 6:46pm
There is again rumors around that O/S is 260 million just now. Can you confirm that GLCC O/S is not changed from 155 million as of June 19 th.
Best regards,
xxxxxxxxxxx
Fri, Jun 27 2008 1:58pm - Investor Relations
Yes see todays news. Private Placement closed.
Fri, Jun 27 2008 2:07pm
Why private placement is so low regarding one share price ? 225 million with one share price 0.008...
Fri, Jun 27 2008 2:28pm - Investor Relations
what would you pay for restricted shares
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I will say one crazy idea- this last PR will be corrected...JMO
VERY ,VERY strange. They could simply dilute starting when price was 0.10-0.12. 50 000 000 shares with average price 0.04 - 2 million, WHY THIS PLACEMENT ????????
In MONA placement one share price was 0.015 although MONA market price is much lower. In GLCC case it was much below market price -0.008
Yes, we all know this. Compare figures.
Something strange here:
Compare with MONA private placement:
ORONTO, June 20, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation www.monacorporation.com (Pink Sheets: MONA - News) is pleased to announce that the issuer has completed the private placement. The company is pleased to announce that the offering was fully subscribed for total proceeds of $750,000.00.
The financing consisted of a non-brokered private placement of 50,000,000 units. Each unit was priced at $0.015 per unit and consisted of one common share and one share purchase warrant entitling the holder to purchase one additional common share at a price of $0.025 for two years following the closing.
All shares issued pursuant to the placement will bear a legend restricting transfer until December 31, 2008.
MONA private placement is much better ....hmmmm
Maybe... But today is biggest volume this share traded on Frankfurt exchange ever...
Company is plannning for this year 5.7 million profit. From 23 April PR,
GLCC continues its push forward into the rural areas of Hebei Province in China. This expansion will include building services in the purchase and sale of urban and rural network of chain e-commerce platforms, logistics and upgrading the Good Life China brand. These plans include opening 1000 new stores, bringing the total to 2,600 members, three new logistics depot, for a total of six, 460 additional new suppliers for a total of 700 suppliers, and development farmers Membership to 400,000. GLCC is also pleased to report a financial snapshot of the forward guidance. Online trade volume of 700 million yuan, (100 million USD) 500 million yuan (70 million USD) of logistics, and distribution, and the total profits of 40 million yuan (5.7 million USD).
These targets were set on February , and were PRed on Chinese Haorizi website.
Really high volume for Frankfurt - 1.5 million . Expected interesting day ...
Yes,day can finish in green. Eventually ,three days in row. Bullish...JMO
NEWS!!!!Good Life China (GLCC) Preliminary Approval for a 5 to 10 Million Dollar Facility
TORONTO, June 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corp Pink Sheets: GLCC.PK www.goodlifechina.com is pleased to announce that it has received a preliminary approval for a 5 to 10 million dollar line of credit facility through a New York based corporate financier. Mr Yang, a company spokesman said, "The next step is the due diligence stage, which should take a few weeks to complete.
What we like about this deal is the fact that our share structure will not be disturbed in any way shape or form as we march forward with our outstanding share structure reduction plans already in progress. This facility is an asset based loan and NOT an equity one. It is a straight through asset based loan that encompasses our assets, and receivables. It allows the issuer to grow without encumbering the shareholders benefits. We intend to use these funds to aggressively grow and expand our business. The facility comes part and parcel with the recent buyout proposal to the issuer."
In other corporate updates, the proposal asks for audited statements. The issuer feels this request should not be that difficult to complete and compile. One of the reasons for this is that the issuer already complies with similar China based laws that has allowed it to assemble a large shareholder base, and financed its growth to about 2000 locations to date. The issuer will meet with their North American corporate advisors in July on the buyout proposal, this funding facility, and other corporate matters and will work closely with the advisors' Hong Kong satellite office to bring this and other announced projects to a successful fruition.
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: www.minamargroup.com/helpdesk
SOURCE Good Life China Corporation
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
IR send me message that buyback started...All comes together
OK, there is answer on 25 million shares. Good answer...
I sent message to IR.
Warrants for company officers. Alot of readings ,and mistakes:((((
cannot be understand 20 ...30 cents
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=glcc#getFilings
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