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Additional Information
for you !
It is the IR understanding that there are some California laws that allow shareholders to be held liable for their misbehaviors' and those that interfere in the company's ability to conduct commerce and trade. The IR will be recommending to the issuer to ask the courts to hold any proceeds of the sale that may be due to the named litigants in an escrow account as set off costs. The IR will also recommend to the issuer that a stock recall be made ahead of the closing of the buyout so to insure that any, and all short sales of its security are promptly covered.
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Additional Information
The IR has already received an express agreement from a Chinese based "Super Shopping Centre" (similar to Costco in USA for example) with 600 locations in China for a merger into GLCC
Jul 11, 2008 153,292 -6.29 12,442,444 1.00 No No
Jun 13, 2008 163,588 -15.11 7,134,648 1.00 No No
May 30, 2008 192,700 177.19 6,914,250 1.00 No No
May 15, 2008 69,519 13,041.59 500,749 1.00 No No
Apr 30, 2008 529 165.83 123,226 1.00 No No
Apr 15, 2008 199 4,875.00 17,028 1.00 No No
Mar 14, 2008 9 100.00 1,230 1.00 No No
Feb 15, 2008 0 -100.00 45 1.00 No No
Jan 31, 2008 40 100.00 27 1.48 No No
Jun 27, 2007 0 -100.00 0 0.00 No No
The GLCC shareholders will remain owning their current GLCC stock plus will receive additional stock in Eng America as per the corporate filings of the issuer of July 9 2008. Assuming the deal is consummated and completed with Eng America GLCC will be made available to quire other assets and move in another direction. The IR has already received an express agreement from a Chinese based "Super Shopping Centre" (similar to Costco in USA for example) with 600 locations in China for a merger into GLCC.
Yes you right, but when this PR's are true and the buy out closed or the auditet finacials fine what then ?
we are now by a marcetcap of under 2 mil.$ for 2000 china Stores
and 3 distribution centers, by an net income after tax from 0,6 mil.$ in first quater08 that loooooks great !
until now over 600000 Shares today sold !
why dos anybody sold his shares before buyout completes ?
why to low ?
by that date are only round about 4mil Shares free tradable in publik shareholders hands !
yes but only if you pay under that price
or 0,10$ we will see
The closing day ist today
so you guys have an buyout at 0,112 $
so it is !
Buyout !
yes thats timing for the short cover boys they short until 0,12 and cover under 0,019 prima !
yes you right or a high buyout comes soon
and shareprice smaler and smaler
Wow why did the Float go up from April 09 4,5mil. shares to now round about 40mil. shares ?? !!!
All that news below was good for what ?
07/07/2008 9:00AM PRNUS Good Life China (GLCC) European Buy Out
07/02/2008 10:43AM PRNUS Good Life China (GLCC) Completes Deal With ABC China Bank
06/27/2008 4:45PM PRNUS Good Life China (GLCC) Update On Private Placement
06/27/2008 11:19AM PRNUS Good Life China (GLCC) Completes Restricted Shares Privat...
06/26/2008 12:50PM PRNUS Good Life China (GLCC) Goes to the Beach with USA Olympia...
06/25/2008 6:15AM PRNUS Good Life China (GLCC) Identifies Shanghai IPO Merger Can...
06/24/2008 9:00AM PRNUS Good Life China (GLCC) To Prepare Audits
06/23/2008 12:20PM PRNUS Goodlife China (GLCC) Begins Service Agreement With Shiji...
06/20/2008 10:44AM PRNUS Good Life China (GLCC) & XE:L9X Expansion and Overview Up...
06/19/2008 10:59AM PRNUS Good Life China (GLCC) 2 New Contracts For IT and Managem...
06/18/2008 4:45PM PRNUS Good Life China (GLCC) Further Reduces Outstanding, The F...
06/18/2008 9:00AM PRNUS Good Life China (GLCC) Preliminary Approval for a 5 to 10...
06/17/2008 6:00AM PRNUS Good Life China Corp (GLCC) Issues Warrants
06/16/2008 4:00PM PRNUS Good Life China (GLCC) Potential Buy Out Candidate
06/16/2008 3:55PM PRNUS Good Life China Corporation/
06/16/2008 11:55AM PRNUS Good Life Corp (GLCC) To Reduce Outstanding By Up To 37 M...
06/14/2008 10:00AM PRNUS Good Life China Corporation/
06/13/2008 4:36PM PRNUS Good Life China Corp (GLCC) Recalls Dividends
06/12/2008 6:00AM PRNUS Good Life China (GLCC) To Sponsor USA Olympian
I hope for all long investors in glcc i will be wrong.
But no good firm with such an profitable bussines will hang on her shareholders for more than 2 month wit doing nothing that bring back emediat her real value on stock.
Of this way they loose all ther respect.
News are good but thousands of good news and no action that bring up shareprice are politician not more.
if the share volume was high i think they do some buyback.
But i was wrong, because now the volume down and nowbudy buy shares.
They can do it ?, but they dont do it, so there is something wrong i think.
thats to simple !
they dont have the money on last Q report stand 3,7 million cash if its thrue and now they get 2 mil. $ in cash vom her PP
They need it for something else ok wht can be for GLCC aktuel more importnad as bring back her money on stocks i think nothing.
You right but if you so shure you must have insider infos others dont have because there are no answer of this bigest question "why they not buyback her own shares ?" for such a low price a bigger deal (when they correct) they can not do even more.
Yes i think they now what they can do, but they dont did it.
Every good firm listed on marked are happy to buyback her own shares at a low price.
Because they now about her grow and that will bring back shareholders and money for him, but if they not intrested in her own (very very cheap looking) shares i can understand and other investors too.
GLCC do all day good news.
But one thing they do not !
They not buy back her own shares and thats the fact why the shareprice are fall down and not came up.
If a company nows how good is her bussines then they are buy back her shares by such a low price, because they can not do a better invest.
but they do not so why ??
Thats some question that mace's me crazy, because if glcc want an higher stock price so they can doo it quickly one time !
Now are round about 40mil. shares in free float at 0,015$ so all the float cost 600 thousand $ if they invest now 1mil.$ only for buyback her shares, the shareprice fly up and they have a good investment for 1mil$ of itself and the free tradable stock increes much.
Why they dont do that ??
Oppenheimer Funds are specialized in such companys like GLCC and the Company was funding in 1960
This find can also be possible for an investment in GLCC
https://www.oppenheimerfunds.com/commonJhtml/fund_info/profile_base.jhtml?fundcode=00815&catId=null&view=facts
Oppenheimer International Small Company Fund
This Fund invests in smaller growth companies located outside of the U.S., seeking strong growth potential.
Total Assets (All Classes)
as of 5/31/08
$2.4 billion
Oppenheimer Baring China Fund
This Fund invests in large, mid and small companies located in China, Hong Kong and Taiwan
https://www.oppenheimerfunds.com/commonJhtml/fund_info/profile_base.jhtml?fundcode=00820
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15983
I think Richard W. Knott from oppenheimer funds will be the Person who contacts GLCC
https://www.oppenheimerfunds.com/j2ee/www/investors/index.jsp
Oppenheimer Funds inc. was foundet in 1960
yes i think that can be an answer of many questions we are below 1$ joke !
MergerLaw Associates Limited
Attn: Preston J. Shea, Esq.
468 Queen Street East, Suite 202
Toronto, Ontario
Canada M5A 1T7