mom, Re: Locking up your shares.

Do we have to do it in writing or can we just call our broker? (I use scottrade)

Many people have requested a Loan Exempt Restriction by phone. The broker simply places a code on your margin account: "All securities are loan exempt." If there's ever any doubt, you can ask another broker to verify the restriction.

However, requesting the Loan Exempt Restriction in writing is always a good idea. Best to ask your broker. One broker said that they only accept fax requests which turned out NOT to be true.

ST: One poster said that ST told him that they didn't loan out shares. Wrong. If you're told that, ask to speak to a supervisor.

Friendly reminder: Don't loan out your shares.

The shorts are creeping back in again. If you lock up your shares, the manipulators are locked out. If you have a margin account, there's NO downside to requesting a Loan Exempt Restriction.

Ask your broker to put a Loan Exempt Restriction on your accout. No paperwork. No problems if broker is knowledgable (see below). Takes seconds.

I know everyone has heard about this, but if we ALL do it, it would dramatically decrease the shares available for market makers to short for their own accounts.

The process is painless.

A few days ago, I talked to a TDA rep and at first he pretended not to know the term "Loan Exempt Restriction." When I started explaining it, his memory was suddenly refreshed. He said the request can be made easily via phone: Call the regular TDA Client Services number - "please have your account number and PIN or UserID and password ready when you call" - 888-871-9007 -press 2 for Client Services and ask for the Credit Risk Dept. Simply request that they place a Loan Exempt Restriction on your account.

Update 1: Yesterday I called TDA to do the above and was told rather firmly by a female rep that this wasn't possible; that loaning out my shares was in the Hypothecation Agreement which I agreed to when opening my account.

Update 2: Being a junkyard dog, I tried again today. No problem. I simply pressed 2 to talk to a rep and he was happy to place a code on my account: "All securities are loan exempt." It took maybe sixty seconds.

I asked him if this was a hassle for TDAmeritrade and if he had a lot of requests for Loan Exempt Restrictions: "Not really a hassle. We probably make some money from loaning out shares, but we respect customer requests. We used to get a lot of these requests, but lately not so many."

So go for it (please). It may make a difference in the dramatic, out-of-nowhere, manipulative swings by the MM's.




OK,it can be done simply sending E-mail. Response from TDA:
Mr. xxxxxxxxx

Per your request, we have placed the Loan Exempt Restriction on your account ending in 7651.

If you have any further questions, please do not hesitate to reply to this e-mail, or call our Client Services department at 888-871-9007.

Best regards,

Elizabeth M.
Apex Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc.

NITE today regularly support bid...I think company is starting to do something...JMO

Issuer of PR... it is how I see it...But English is not my native language ,I do not know. JMO

I would say that GLCC started buyback today....JMO

SHARE STRUCTURE CERTIFICATION on PINKSHEETS.COM
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15444

The issuer also today filed a true copy of its authorized and outstanding share structure with Pink Sheets which remains undisturbed at 450 million authorized and 169 million outstanding. We kindly ask our loyal shareholders to contact their respective broker-dealers and make a written request to them asking them not to lend, assign or otherwise pledge the shares held in accounts without your prior approval. The issuer has allocated enough resources to retire about 19 million shares at current prices. The issuer will update the NEW and REDUCED outstanding share count in due course. The issuer is proceeding with the asset purchase of the iexpay division (ASIC) on a all cash basis. The issuer remains well capitalized. The iexpay purchase should not disrupt the issuers plans of an authorized share reduction.

NEWS

Good Life China Corp (GLCC) Short Position Update
Last update: 6/11/2008 6:00:00 AM
BEIJING, June 11, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC is pleased to announce the launch of 6 new stores to its growing network. 2 are in Cangzhou, 3 are in Beijing, 1 is in Shijiazhuang. Although a relatively short week for the company because of The Dragon Boat Festival holiday, the company continues to push on with its expansions. Ms Doi Mai Jia, Good Life CEO said, "I wish to remind our USA based shareholders that the company continues to expand and grow as per our projections and we are on target to meet each and every one of our goals. This is all being achieved through our own generated resources, such as cash flows from the existing business operations and not through any sort of share selling or a dilution. We have yet to reap any rewards of being a public company. We acknowledge the hard work of Mr.Robert Xu, (CEO of ASIC) his efforts to have us enter the US public markets, and our good long standing business relationship. He remains our liaison person between us here in China, and our North American office and operations."
In other company updates, the issuer today announced that it is amending its articles by a resolution in an effort to curb the widespread shorting effecting its security. The issuer will in conjunction with its transfer agent require every transfer and every certificate request that come through the transfer agents office, to be and to have the company review the same and to sign off on each and every request. Moreover, the resolution will also contain a provision that the issuer, or its designate shall have a first right of refusal to acquire the security, on the same terms. GLCC Management and its corporate advisers believe the security continues to be massively shorted with huge blocks of stock that appear to be coming from nowhere. GLCC security continues to be listed on the Rule 3210 with Nasdaq Trader (see link) as aggregates continuously fail to deliver its security.
The issuer also today filed a true copy of its authorized and outstanding share structure with Pink Sheets which remains undisturbed at 450 million authorized and 169 million outstanding. We kindly ask our loyal shareholders to contact their respective broker-dealers and make a written request to them asking them not to lend, assign or otherwise pledge the shares held in accounts without your prior approval. The issuer has allocated enough resources to retire about 19 million shares at current prices. The issuer will update the NEW and REDUCED outstanding share count in due course. The issuer is proceeding with the asset purchase of the iexpay division (ASIC) on a all cash basis. The issuer remains well capitalized. The iexpay purchase should not disrupt the issuers plans of an authorized share reduction.
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.
SOURCE Good Life China Corporation

Copyright (C) 2008 PR Newswire. All rights reserved
Copyright © 2008 MarketWatch, Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.

News provided by Dow Jones NewswiresSM, PR News Wire™ and Business Wire™. Dow Jones Newswires is a service mark of Dow Jones & Company. PR News Wire is a Trademark of PR Newswire Association, Inc. Business Wire is a registered trademark and service mark of Business Wire.

Ameritrade is not responsible for the quality and suitability of third party financial or investment information or services. Please consult other sources of information and consider your individual financial position and goals before making an investment decision. Ameritrade, Division of Ameritrade, Inc., member NASD/SIPC. Ameritrade and Ameritrade logos are trademarks or registered trademarks of Ameritrade IP Company, Inc. 2002 Ameritrade IP Company, Inc. All rights reserved. Used with permission.

Post Unavailable

Additional Information

They confirmed that O/S has not changed. We all knew that float can be around this figure. see my post 11694

Pinksheets updated:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=glcc#getCompanyInfo

Float 71,467,888 shares.

Did someone notice that we yesterday had no after session volume ? last 2 weeks there was big after hours volume everyday.
I would say that selling today or tomorrow will be over. JMO.

Yes ,I remember this. Thanks.

Two items seems important to me. First , why shares are dumped on market ? We all see potential of this company. OK , partly I can accept explanation that those who sell are afraid that someone will sell before them and price will anyway drop. It is only explanation I can find.
Second, if I would be in Chinese management shoes ,I would feel disappointing,for insiders own only !!! half of company. Remember ,there was allocated 35 million shares for private placement with bank ,it seems cancelled just now ,but total o/s left the same.

Can someone provide clear division of 169 million? From fillings I see around 48 million outstanding on 31th march and then added 114 million acquiring assets of Esprit. It is around 162 million.

JMO. Do your DD carefully.

I really do not know. OK,if o/s is 169 million , insiders is holding 80 million ,our restricted divies 14 million ,what is left? 75 million....I think float number today can be close to this.

Yes, I fully support Good Life China and see huge potential in them ,but regarding IR.... Sorry,they simply can not provide answers to serious questions. They send the same reply to all...

OK, if Garr can provide on pinksheets.com proof that o/s has not changed than .....forget about these prices. Those who think so better to buy today...

I can provide you full questions list and answer from IR . Without any comments.I believe on Monday we will see who is right - IR or T/A.


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Ticket #974425
Ticket Status: closed
Department: Support
Create Date: 06/06/2008 3:22 am

Name: xxx
Email: xxxx
Phone:
Subject: GLCC

Ticket Thread
Fri, Jun 6 2008 3:22am
I have question on fillings on Pinksheet.com.

In Attorney letter with Respect to Current Information received May 23( period end date April 1) there is following statement :

As of March 31 ,2008 26 ,389,545 common shares were issued and outstanding.

In Initial Company Information and Disclosure Statement received May 20( period end date April 1)there is different statement:

March 31 st 2008

Outstanding 48,519,596.

I find this contradicting .

And next - if we add to 48,519,596 114 million shares which were issued on ticker received it comes to 162 519 596 shares . there is difference with o/s on 15th April 168, 518,988 - 5,989,392 shares. To whom these were issued??

can you give me clear O/s shares divison?

Thank you in advance.



Fri, Jun 6 2008 9:08am
Regarding first part of my message, I see from LEGAL Opinion that ''A shareholders list provided by the Transfer agent as of March 31,2008 is the source of the outstanding stock of the Issuer''.

Why T/A O/S figures are different from companies ones???
Fri, Jun 6 2008 9:27am
And last - how you can comment T/A Heritage Trust info that O/S on 06/05/08 is 196,242,170????
Fri, Jun 6 2008 2:23pm - Investor Relations
Garr is over at the transfer agent going over everything. We confirm it is 169 million shares

Certified copy of 169 million shares will be posted in filings

Authorized was reduced and outstanding remains the same

Regards
- Show quoted text -

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Here is answer from IR on my questions:

Garr is over at the transfer agent going over everything. We confirm it is 169 million shares

Certified copy of 169 million shares will be posted in filings

Authorized was reduced and outstanding remains the same




Ok, going over everything sounds promising ....

I absolutely agree to you. What is why I have sent some very serious questions regarding TA. I can mention one to you -
Below are my questions.


I have question on fillings on Pinksheet.com.

In Attorney letter with Respect to Current Information received May 23( period end date April 1) there is following statement :

As of March 31 ,2008 26 ,389,545 common shares were issued and outstanding.

In Initial Company Information and Disclosure Statement received May 20( period end date April 1)there is different statement:

March 31 st 2008

Outstanding 48,519,596.

I find this contradicting .

And next - if we add to 48,519,596 114 million shares which were issued on ticker received it comes to 162 519 596 shares . there is difference with o/s on 15th April 168, 518,988 - 5,989,392 shares. To whom these were issued??

can you give me clear O/s shares divison?

Thank you in advance.

and
Regarding first part of my message, I see from LEGAL Opinion that 'A shareholders list provided by the Transfer agent as of March 31,2008 is the source of the outstanding stock of the Issuer'.

Why T/A O/S figures are different from companies ones???


Waiting company 's reply.

Regarding discussion on O/S,there is replay from IR:

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Ticket #633347
Ticket Status: closed
Department: Support
Create Date: 06/05/2008 4:21 pm

Name: xxxxxxxxxxxxxxx
Email: xxxxxxxxxxxxx
Phone: xxxxxxx
Subject: GLCC

Ticket Thread
Thu, Jun 5 2008 4:21pm

What is GLCC O/S and float on 5/06 /2008? Can company comfirm in PR that O/S has not changed? We see a lot of dumping last days and price constantly is droping.
Thank you in advance .

GLCC shareholder
Thu, Jun 5 2008 5:19pm - Investor Relations
169 million see www.pinksheets.com

nothing has changed.
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DO you own DD. We will see who is right here. Period.

yee,they Pr ed it on 29th May ,I just waited confirmation.

I will do this. Heritage Trust sends response in 24 hour time.

no ,tomorrow we will start on depending on how mm's will place their bid and ask.

Haha, ok ,it will be pr ed tomorrow :))))

sorry, maybe you are newcomer here. I am here from post #9.


https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=QDiLpmPY4yoHczGIW%252f1sNQ%253d%253d

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=QDiLpmPY4yoHczGIW%252f1sNQ%253d%253d

NEWS !!!!!!!!!!! A/S decreased to 450 millions !!!!

Good morning all ! On Frankfurt price 0.052 EUR x 1,55 - 0.0806.

See Clays video chart post # 7699

0.17 is coming !!!!!!!LOL

maybe we can see 0.17 today?:_))))

O.10 is coming. ;))))

As I said before , I believe it will come back in 0.30-0.40 range.It is based on fundamentals. If company this year can earn 4-5 million, capitalization around 50-60 million is where it has to be.

I just now looked on posts #9 and #11.... We started all this .

Where is next resistance level? 0.17 ?LOL

Nice move again today. But long way to value where stock has to be - 0.30 -0.40 range .

WE ARE UPGRADED ON PINKSHEETS.COM !!!!!!!!!

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=GLCC#getQuote

CURRENT CHECKMARK ON PINKSHEETS!!!!!! weeeeeeeeeeeeeeeee

OK, today was first step back to 0.40-0.50 range where shares have to be. Some of us will be nicely rewarded.

Congratulations to those who trusted and grabbed chiepies!!!! We will make good money here!!!!!!!