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Right on,sir!!!! $$$$$$$$$$$$
"Yea this is a complete suprise. If the company thinks their shares are worth .70 cents or a couple dollars, then they will only listen to offers that conform with that. Well they listened, so this offer must be for a lot of money. OT: The wording is very similar to another one of my stocks that got a buyout offer last week.
Shkinferd Date: Monday, June 16, 2008 4:16:32 PM
In reply to: rverboatgambler who wrote msg# 14892 Post # of 14923"
GLCC: Good Life China (GLCC) Potential Buy Out Candidate
BEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINK SHEETS: GLCC www.goodlifechina.com announced today, after the market closed, that it has received interest from a European based publicly traded holding group of a possible buyout of Good Life China Corp.
The issuer was recently approached by this group, whom it believes is looking to enter the USA public markets, and expand its operations into Asia via Good Life's already developed network in China. The candidate, a publicly traded company trades on European exchanges such as AIM, Xetra and similar. The issuer and the Asia Pacific Group (the controlling entity of Good Life China) had NOT been contemplating selling the business, or its control. The proposal is considered a friendly one by all accounts and more importantly a significant one for the issuer and the issuers shareholder base. The consideration and options proposed has given the issuer reason to give it its full attention.
As a publicly traded company, we have a fiduciary duty to our shareholders to examine all offers to conduct the proper due diligence, and to report to our shareholders.
Contact: www.minamargroup.com/helpdesk
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
"a possible buyout of Good Life China Corp."
After the Bell PR:
GLCC: "a possible buyout of Good Life China Corp."
AFTER THE BELL PR :)
"..from a European based publicly traded holding group of a possible buyout of Good Life China Corp."
lOCK AND LOAD, IMO!
tdm!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
YEP....
aLIEN-iq
"For what it's worth...
I got a call this morning that amused me to no end. And truly made me feel better about this investment. And make no mistake, I now view this company as an investment not just a quick flip or a short ride.
When I first bought GLCC, after doing substantial research on it, and before discovering ihub, I called my brother-in-law and suggested he pick some up given how cheap it was and the possible up side. He's an executive with the typical portfolio, Apple, Blue chip companies etc., the usual suspects. I think he bought some shares to humor me. He called his broker and had him handle it, as he always does. He's had the same broker for over 15 years and the guy is practically family at this point. Anyways...so this morning my b-in-law gets a call from his broker. Yes...on a Saturday morning. His broker asked him "how'd you hear about this stock?" he said " from bla bla bla" (that's me), "why? is there a problem?" his broker replies "no, no not at all, on the contrary, this caught my attention. I've been looking into it, this is really good. Can I call bla bla bla?" "Sure here's his number".
He calls me and we chit-chat for a bit. We've met several times socially and what not, but this is the first time he's ever called me. So...to make a long enough already story a little shorter. He says to me "Good job kid" (I'm no kid but he's a lot older) He goes on, "this is hot, I mean this is really really hot" I say thanks and tell him that that makes me feel better about having put my limited funds into it. And he says "Well, don't worry, I don't think your funds are going to be limited for long" and "by the way, I'm also putting so and so and so and so and so and so into this" And I say "Wow" and he says "Yeah, I thought you'd like that. That's why I called."
Now, the so and so and so and so and so and so he mentioned well... I know these guys through my b-in-law. This broker handles them also. These are serious f-ing guys with serious f-ing money. These are 9 digit guys. These guys can buy the entire float without batting an eye.
Now, there are many people here on ihub that I find credible and seem smart enough judging by their posts and what not. But I don't know you. You are an anonymous screen name out in cyber world to me and therefore...I must take all that is said with a grain of salt. However, when I get a call like that from real people I know in person and for real...well...what can I say.
I most likely will not be posting as often on this board for the simple reason that I am no longer concerned. There is no need for me to watch this stock at every tick. I'm good to go.
I know some will view this post as BS...because after all...I'm just an anonymous screen name in cyber world to you. But you can look at all my postings, there aren't that many, and you will see I am not a basher or a pumper. I try to be an honest person and I call it as I see it. The only thing a person has that is of any true value is one's own credibility and the value of that commodity can only rise by saying what you mean and meaning what you say and hopefully...just hopefully, knowing what you're talking about.
I hope some find comfort in what I've said."
Take it as you will...for what it's worth.
another...HOLY MOLY!!!!!!!!!!!!$$$$$$$$$$$$$$$$$
Good Life Corp (GLCC) To Reduce Outstanding By Up To 37 Million Shares
BEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China Corp today unveiled plans today to reduce its outstanding share count by as much as further 25 million shares. Mr. Yang a company spokesperson said, "Just so that we are clear, and to avoid any possible misinterpretations this further 25 million shares is in addition to the 12 million shares dividend recall, bringing the total count to 37 million share reduction. When all the dust settles with all of the reductions, recalls and planned buy backs, our outstanding share structure may be about 100 million shares, more or less, with Asia Pacific (the holding and controlling company of GLCC) being the majority shareholder.
This 25 million share reduction will be done effective immediately, and will be done by a share cancellation order with the issuers transfer agent Heritage Trust. Other than completing further filings on Pink Sheets on this topic, (within this quarter) the issuer does not plan on making more announcements on this topic as it waits for the market to simply correct itself. It will be interesting for us to see what exactly will remain to trade and how the market will do this without us having to conduct a complete share recall, and a complete audit. Just to bring this all into focus, any further massive cuts such as this one in our outstanding share structure, would have us being reverted back to a single shareholder group or even back to a private company. Our authorized share structure remains undisturbed"
In other company updates, the issuer continues moving forward with all announced projects and expansions as previously announced. Although the short sellers have temporarily redirected the spotlight from the issuers expansion aspirations to its share price, the issuer is dedicated, focused and in a "all business mode" as it pushes forward with its roll out of stores in China. The issuer should also be in a position to announce our new Olympic sponsored athlete within a week or so and our new athletic spokesperson. Mr. Yang concluded "the recent Olympic sponsorship announcement has opened a whole new set of doors of opportunities for us that were previously felt to be closed. It is becoming clear to us why big business take up such a major role in the Olympics as the benefits far outweigh the costs associated. The issuer remains extremely excited about the future possibilities for its business with follow up announcements and expansions planned as soon as completed.
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
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
GLCC -SAY IT Capt!: "Dont be surprised to see 1.00. Pretty soon with the Massive reduction in O/S and the massive buyback that will happen soon this is gonna play out HUGE>
These prices are a true Gift for those that understand how undervalued this is.
Cash alone is worth 3.7 million which values this at .022 RIGHT NOW.
Add Assets, Revenues, Profits and you have a .70 stock.'
GLCC -SAY IT Capt!: "Dont be surprised to see 1.00. Pretty soon with the Massive reduction in O/S and the massive buyback that will happen soon this is gonna play out HUGE>
These prices are a true Gift for those that understand how undervalued this is.
Cash alone is worth 3.7 million which values this at .022 RIGHT NOW.
Add Assets, Revenues, Profits and you have a .70 stock.'
GLCC -SAY IT Capt!: "Dont be surprised to see 1.00. Pretty soon with the Massive reduction in O/S and the massive buyback that will happen soon this is gonna play out HUGE>
These prices are a true Gift for those that understand how undervalued this is.
Cash alone is worth 3.7 million which values this at .022 RIGHT NOW.
Add Assets, Revenues, Profits and you have a .70 stock.'
SAY IT Capt!: "Dont be surprised to see 1.00. Pretty soon with the Massive reduction in O/S and the massive buyback that will happen soon this is gonna play out HUGE!
These prices are a true Gift for those that understand how undervalued this is.
Cash alone is worth 3.7 million which values this at .022 RIGHT NOW.
Add Assets, Revenues, Profits and you have a .70 stock.'
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
PLEEAZZEEE WATCH: Newbies or Oldbies: watch this VIDEO; THE VIDEO RUNS FOR ABOUT 15 MINUTES AND HAS ENGLISH SUBTITLES a few minutes into it:
http://www.brjt.cn/news/index.aspx
Compare information in video relates to GLCC and this PR:
"Goodlife China (GLCC) Signs Agreement with Shijia Zhuang Beiguo Renbai Group BEIJING, China, May 23,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30020267
Video Viewing GLCC:
http://goodlifechina.com/about.php
The Company has enjoyed meteoric growth rates over the last 10 years, growing from a mere 8 stores in 1999 to almost 1,600 in 2007, becoming the largest chain store network of convenience stores serving more than 2.4 million people in the rural areas of China.
http://www.emergingissuer.com/index.php?option=com_content&task=view&id=76&Itemid=27
7:00 minutes into the video:
"We're probably the most undervalued stock , either pinksheet or other area, that ever existed."
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
yes. thanks. GLCC is ONWARD AND UPWARD, imo!
lol.
GLTU!!!!!!!!!!!!!!!1
In due time...in due time...patience is the key...
:)
re: GLCC; many thanks! :)
Hi XYLAN: Great post by Eye: "A postponement of divvies is a good thing for us.
Either they or other restricted shares made tradable have fueled this massive stock price dive.
A proper Valuation includes Assets, Liabilities and Capital.
It values Revenues, quarter by quarter gains in business and market share and considers future growth.
Cash on Hand if gained from Revenues of Current Operations and not raised through Dilution is a very positive indicator.
According to this info alone GLCC is massively undervalued and a correction is due.
Todays news is a step towards that and normally a recall of a dividend is a bad thing but the company has clearly intended this for the protection and benefit of its shareholders.
They have also talked of other avenues they will be taking to address share value and its wise of them not to fully disclose their intentions until the time is right.
eye"
Congrats, Mr. L; We're..movin up!!!
HOLY MOLY!: "When all the dust settles with all of the reductions, recalls and planned buy backs, our outstanding share structure may be about 100 million shares, more or less, with Asia Pacific (the holding and controlling company of GLCC) being the majority shareholder.
This 25 million share reduction will be done effective immediately, and will be done by a share cancellation order with the issuers transfer agent Heritage Trust. Other than completing further filings on Pink Sheets on this topic, (within this quarter) the issuer does not plan on making more announcements on this topic as it waits for the market to simply correct itself. It will be interesting for us to see what exactly will remain to trade and how the market will do this without us having to conduct a complete share recall, and a complete audit. Just to bring this all into focus, any further massive cuts such as this one in our outstanding share structure, would have us being reverted back to a single shareholder group or even back to a private company. Our authorized share structure remains undisturbed""
heya guys, you may want to follow this: GLCC To Reduce Outstanding By Up To 37 Million Shares
BEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China Corp today unveiled plans today to reduce its outstanding share count by as much as further 25 million shares. Mr. Yang a company spokesperson said, "Just so that we are clear, and to avoid any possible misinterpretations this further 25 million shares is in addition to the 12 million shares dividend recall, bringing the total count to 37 million share reduction. When all the dust settles with all of the reductions, recalls and planned buy backs, our outstanding share structure may be about 100 million shares, more or less, with Asia Pacific (the holding and controlling company of GLCC) being the majority shareholder.
This 25 million share reduction will be done effective immediately, and will be done by a share cancellation order with the issuers transfer agent Heritage Trust. Other than completing further filings on Pink Sheets on this topic, (within this quarter) the issuer does not plan on making more announcements on this topic as it waits for the market to simply correct itself. It will be interesting for us to see what exactly will remain to trade and how the market will do this without us having to conduct a complete share recall, and a complete audit. Just to bring this all into focus, any further massive cuts such as this one in our outstanding share structure, would have us being reverted back to a single shareholder group or even back to a private company. Our authorized share structure remains undisturbed"
In other company updates, the issuer continues moving forward with all announced projects and expansions as previously announced. Although the short sellers have temporarily redirected the spotlight from the issuers expansion aspirations to its share price, the issuer is dedicated, focused and in a "all business mode" as it pushes forward with its roll out of stores in China. The issuer should also be in a position to announce our new Olympic sponsored athlete within a week or so and our new athletic spokesperson. Mr. Yang concluded "the recent Olympic sponsorship announcement has opened a whole new set of doors of opportunities for us that were previously felt to be closed. It is becoming clear to us why big business take up such a major role in the Olympics as the benefits far outweigh the costs associated. The issuer remains extremely excited about the future possibilities for its business with follow up announcements and expansions planned as soon as completed.
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
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
GLCC To Reduce Outstanding By Up To 37 Million Shares
BEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China Corp today unveiled plans today to reduce its outstanding share count by as much as further 25 million shares. Mr. Yang a company spokesperson said, "Just so that we are clear, and to avoid any possible misinterpretations this further 25 million shares is in addition to the 12 million shares dividend recall, bringing the total count to 37 million share reduction. When all the dust settles with all of the reductions, recalls and planned buy backs, our outstanding share structure may be about 100 million shares, more or less, with Asia Pacific (the holding and controlling company of GLCC) being the majority shareholder.
This 25 million share reduction will be done effective immediately, and will be done by a share cancellation order with the issuers transfer agent Heritage Trust. Other than completing further filings on Pink Sheets on this topic, (within this quarter) the issuer does not plan on making more announcements on this topic as it waits for the market to simply correct itself. It will be interesting for us to see what exactly will remain to trade and how the market will do this without us having to conduct a complete share recall, and a complete audit. Just to bring this all into focus, any further massive cuts such as this one in our outstanding share structure, would have us being reverted back to a single shareholder group or even back to a private company. Our authorized share structure remains undisturbed"
In other company updates, the issuer continues moving forward with all announced projects and expansions as previously announced. Although the short sellers have temporarily redirected the spotlight from the issuers expansion aspirations to its share price, the issuer is dedicated, focused and in a "all business mode" as it pushes forward with its roll out of stores in China. The issuer should also be in a position to announce our new Olympic sponsored athlete within a week or so and our new athletic spokesperson. Mr. Yang concluded "the recent Olympic sponsorship announcement has opened a whole new set of doors of opportunities for us that were previously felt to be closed. It is becoming clear to us why big business take up such a major role in the Olympics as the benefits far outweigh the costs associated. The issuer remains extremely excited about the future possibilities for its business with follow up announcements and expansions planned as soon as completed.
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
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
GLCC To Reduce Outstanding By Up To 37 Million Shares
BEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China Corp today unveiled plans today to reduce its outstanding share count by as much as further 25 million shares. Mr. Yang a company spokesperson said, "Just so that we are clear, and to avoid any possible misinterpretations this further 25 million shares is in addition to the 12 million shares dividend recall, bringing the total count to 37 million share reduction. When all the dust settles with all of the reductions, recalls and planned buy backs, our outstanding share structure may be about 100 million shares, more or less, with Asia Pacific (the holding and controlling company of GLCC) being the majority shareholder.
This 25 million share reduction will be done effective immediately, and will be done by a share cancellation order with the issuers transfer agent Heritage Trust. Other than completing further filings on Pink Sheets on this topic, (within this quarter) the issuer does not plan on making more announcements on this topic as it waits for the market to simply correct itself. It will be interesting for us to see what exactly will remain to trade and how the market will do this without us having to conduct a complete share recall, and a complete audit. Just to bring this all into focus, any further massive cuts such as this one in our outstanding share structure, would have us being reverted back to a single shareholder group or even back to a private company. Our authorized share structure remains undisturbed"
In other company updates, the issuer continues moving forward with all announced projects and expansions as previously announced. Although the short sellers have temporarily redirected the spotlight from the issuers expansion aspirations to its share price, the issuer is dedicated, focused and in a "all business mode" as it pushes forward with its roll out of stores in China. The issuer should also be in a position to announce our new Olympic sponsored athlete within a week or so and our new athletic spokesperson. Mr. Yang concluded "the recent Olympic sponsorship announcement has opened a whole new set of doors of opportunities for us that were previously felt to be closed. It is becoming clear to us why big business take up such a major role in the Olympics as the benefits far outweigh the costs associated. The issuer remains extremely excited about the future possibilities for its business with follow up announcements and expansions planned as soon as completed.
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
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
GLCC To Reduce Outstanding By Up To 37 Million Shares
BEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China Corp today unveiled plans today to reduce its outstanding share count by as much as further 25 million shares. Mr. Yang a company spokesperson said, "Just so that we are clear, and to avoid any possible misinterpretations this further 25 million shares is in addition to the 12 million shares dividend recall, bringing the total count to 37 million share reduction. When all the dust settles with all of the reductions, recalls and planned buy backs, our outstanding share structure may be about 100 million shares, more or less, with Asia Pacific (the holding and controlling company of GLCC) being the majority shareholder.
This 25 million share reduction will be done effective immediately, and will be done by a share cancellation order with the issuers transfer agent Heritage Trust. Other than completing further filings on Pink Sheets on this topic, (within this quarter) the issuer does not plan on making more announcements on this topic as it waits for the market to simply correct itself. It will be interesting for us to see what exactly will remain to trade and how the market will do this without us having to conduct a complete share recall, and a complete audit. Just to bring this all into focus, any further massive cuts such as this one in our outstanding share structure, would have us being reverted back to a single shareholder group or even back to a private company. Our authorized share structure remains undisturbed"
In other company updates, the issuer continues moving forward with all announced projects and expansions as previously announced. Although the short sellers have temporarily redirected the spotlight from the issuers expansion aspirations to its share price, the issuer is dedicated, focused and in a "all business mode" as it pushes forward with its roll out of stores in China. The issuer should also be in a position to announce our new Olympic sponsored athlete within a week or so and our new athletic spokesperson. Mr. Yang concluded "the recent Olympic sponsorship announcement has opened a whole new set of doors of opportunities for us that were previously felt to be closed. It is becoming clear to us why big business take up such a major role in the Olympics as the benefits far outweigh the costs associated. The issuer remains extremely excited about the future possibilities for its business with follow up announcements and expansions planned as soon as completed.
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
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
Correct Capt.! Short-Term vs. Long-term perspective.
WATCH THE VIDEOS!!!:
THE VIDEO RUNS FOR ABOUT 15 MINUTES AND HAS ENGLISH SUBTITLES a few minutes into it:
http://www.brjt.cn/news/index.aspx
Compare information in video relates to GLCC and this PR:
"Goodlife China (GLCC) Signs Agreement with Shijia Zhuang Beiguo Renbai Group BEIJING, China, May 23,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30020267
Video Viewing GLCC:
http://goodlifechina.com/about.php
The Company has enjoyed meteoric growth rates over the last 10 years, growing from a mere 8 stores in 1999 to almost 1,600 in 2007, becoming the largest chain store network of convenience stores serving more than 2.4 million people in the rural areas of China.
http://www.emergingissuer.com/index.php?option=com_content&task=view&id=76&Itemid=27
7:00 minutes into the video:
"We're probably the most undervalued stock , either pinksheet or other area, that ever existed."
Welcome to GLCC; glad we sparked some interest. Many believe that the stock was sunk by "evildoers" with NSS.
A bit of DD and I think you'll see this is a "BLUE CHIP PINKIE".
GLTU!
YES! I'm on the phone with my broker now and adding more!!!!
WEEEEEEEEEEEeeeeeeeeeeeeeeeeeeeeeee
5 New Additional Store Openings
GROWTH="With the Olympic summer games quickly approaching GLCC management is in full overdrive mode to launch and to have as many stores operating as possible throughout Beijing. Mr Yang, Good Life spokesperson said "Our projected growth rate targets are not only realistic but within reach. As it currently stands, with what is currently in the process we may close the week with as many as 15 or 20 new locations this week alone.""
BEIJING, June 11, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China is pleased to announce 5 new store openings for the week of June 11 2008 for a total of 11 new locations launched this week. Just so that there is no confusion, this is in addition to the existing 6 locations the Company announced earlier this morning. In brief summary, 5 stores are located in Cangzhou, 5 are located in Beijing, and one is located in Shijiazhuang. In addition two new suppliers were brought on board. With the Olympic summer games quickly approaching GLCC management is in full overdrive mode to launch and to have as many stores operating as possible throughout Beijing. Mr Yang, Good Life spokesperson said "Our projected growth rate targets are not only realistic but within reach. As it currently stands, with what is currently in the process we may close the week with as many as 15 or 20 new locations this week alone."
GOODLIFE Seeks Strong Presence For Olympics in Bejing:
Catch the spirit shareholders!!!
Beijing Welcomes You - 100Day BeijingOlympicCountdown
Post Unavailable
Additional Information
Good point, yes that's correct.
As of 4/16/2008 GLCC 1,730 stores in total.
As per this PR:
"Good Life China (GLCC.PK) (L9X Frankfurt) Development Update
BEIJING, April 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (GLCC) is pleased to announce the opening of 50 new stores in Beijing, and 80 new stores in the city of Cangzhou China. Cangzhou's is about 180 km from Beijing. This brings the total number of stores for Good Life China to 1,730.
The company has also entered into an agreement with Petro China Beijing, to provide distribution services, and information management system services for the convenience stores, in the gas stations belonging to Petro China Beijing Marketing Company. Good Life China will also offer management training and guidance service for the stores located in the gas stations. Currently there are more than 500 locations in operation.
In other company news, the company is pleased to announce that it has received its new trading symbol L9X on the Frankfurt exchange Deutsche-Boerse http://deutsche-boerse.com. The company has also distributed a onetime special dividend for the asset purchase for its North American division."
Does anyone have a current # of stores count?
I know it's gone up a lot more since this # was published.
TIA!
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
GLCC Frankfurt 0.013 +.004 (+44.44%)
Prev Close: 0.009
Open: 0.011
Bid: 0.01
Ask: 0.014
1y Target Est: N/A
Day's Range: 0.011 - 0.014
52wk Range: 0.005 - 1.50
Volume: 506,500
Avg Vol (3m): 176,282
Trade Time: 8:26AM ET
Great post by Eye: "A postponement of divvies is a good thing for us.
Either they or other restricted shares made tradable have fueled this massive stock price dive.
A proper Valuation includes Assets, Liabilities and Capital.
It values Revenues, quarter by quarter gains in business and market share and considers future growth.
Cash on Hand if gained from Revenues of Current Operations and not raised through Dilution is a very positive indicator.
According to this info alone GLCC is massively undervalued and a correction is due.
Todays news is a step towards that and normally a recall of a dividend is a bad thing but the company has clearly intended this for the protection and benefit of its shareholders.
They have also talked of other avenues they will be taking to address share value and its wise of them not to fully disclose their intentions until the time is right.
eye"
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
GLTU!
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
I think there will be some interesting movement today too, GLTU!
Great, best wishes to Germany! Go GOODLIFE!
You mean, the truth, as these VIDEOs address:
Newbies or Oldbies: watch this VIDEO; THE VIDEO RUNS FOR ABOUT 15 MINUTES AND HAS ENGLISH SUBTITLES a few minutes into it:
http://www.brjt.cn/news/index.aspx
Compare information in video relates to GLCC and this PR:
"Goodlife China (GLCC) Signs Agreement with Shijia Zhuang Beiguo Renbai Group BEIJING, China, May 23,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30020267
Video Viewing GLCC:
http://goodlifechina.com/about.php
The Company has enjoyed meteoric growth rates over the last 10 years, growing from a mere 8 stores in 1999 to almost 1,600 in 2007, becoming the largest chain store network of convenience stores serving more than 2.4 million people in the rural areas of China.
http://www.emergingissuer.com/index.php?option=com_content&task=view&id=76&Itemid=27
7:00 minutes into the video:
"We're probably the most undervalued stock , either pinksheet or other area, that ever existed."
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
GLCC Recalls Dividends
BEIJING, June 13, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China Corp today after the market closed announced that it has notified Cede Co and Penson of its notice of a dividend recall. The issuer recently issued approximately 12 million shares as a special 1 time 1:1 dividend payout to its shareholders. The issuer verily believes that its security is a subject of naked shorting activities, and that a large short position of its security exists. See: http://en.wikipedia.org/wiki/Naked_short_selling#Naked_shorts_in_the_United _States and http://www.investopedia.com/terms/n/nakedshorting.asp as an example of naked shorting. The situation is further exacerbated by circumstances beyond the issuer's control.
The issuer also today filed a copy of its recall notice with Pink Sheets http://www.pinksheets.com/pink/quote/quote.jsp?symbol=HKBV which is self explanatory.
To our shareholders, the recall of the dividend does not mean that the dividend is cancelled. It means the issuer intends to re-release these dividends back to its shareholders as soon as it has completed its share count audit and its mission to have and to force the short positions to cover. Moreover the issuer wants to insure that the re-distributed dividend, are properly distributed to its shareholders in accordance with the issuer's instructions.
The issuer's share count remains undisturbed at 450 million authorized and 169 million outstanding.
The issuer's security continues to be listed on the Rule 3210 with Nasdaq Trader (see link) as aggregates continuously fail to deliver its security. http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold The issuer is of the opinion that the abuse is excessive. The issuer is taking this and other soon to be announced steps to insure that the shorted stock is covered in accordance with the rules.
The company intends to take further steps as it sees fit, as per its previous news release of May 10, 2008 May 20, 2008 and June 10, 2008 including other LEGAL measures that may be available to its disposal to rein in these activities. The issuer, in order to restore its rapidly declined share price and in order to protect the interests of the issuer's common shareholders intends to take further steps without disrupting the trading activities of its security.
The issuer expects its determined critics aka (stock bashers) dressed up as "concerned shareholders" to be out in full force pending this announcement. The issuer brings the following link and AUDIO PRESENTATION to its true shareholders' attention which is self explanatory http://www.minamargroup.net/duallisting.php.
Contact: www.minamargroup.com/helpdesk
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
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
GLCC: Recalls Dividends
BEIJING, June 13, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com Good Life China Corp today after the market closed announced that it has notified Cede Co and Penson of its notice of a dividend recall. The issuer recently issued approximately 12 million shares as a special 1 time 1:1 dividend payout to its shareholders. The issuer verily believes that its security is a subject of naked shorting activities, and that a large short position of its security exists. See: http://en.wikipedia.org/wiki/Naked_short_selling#Naked_shorts_in_the_United _States and http://www.investopedia.com/terms/n/nakedshorting.asp as an example of naked shorting. The situation is further exacerbated by circumstances beyond the issuer's control.
The issuer also today filed a copy of its recall notice with Pink Sheets http://www.pinksheets.com/pink/quote/quote.jsp?symbol=HKBV which is self explanatory.
To our shareholders, the recall of the dividend does not mean that the dividend is cancelled. It means the issuer intends to re-release these dividends back to its shareholders as soon as it has completed its share count audit and its mission to have and to force the short positions to cover. Moreover the issuer wants to insure that the re-distributed dividend, are properly distributed to its shareholders in accordance with the issuer's instructions.
The issuer's share count remains undisturbed at 450 million authorized and 169 million outstanding.
The issuer's security continues to be listed on the Rule 3210 with Nasdaq Trader (see link) as aggregates continuously fail to deliver its security. http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold The issuer is of the opinion that the abuse is excessive. The issuer is taking this and other soon to be announced steps to insure that the shorted stock is covered in accordance with the rules.
The company intends to take further steps as it sees fit, as per its previous news release of May 10, 2008 May 20, 2008 and June 10, 2008 including other LEGAL measures that may be available to its disposal to rein in these activities. The issuer, in order to restore its rapidly declined share price and in order to protect the interests of the issuer's common shareholders intends to take further steps without disrupting the trading activities of its security.
The issuer expects its determined critics aka (stock bashers) dressed up as "concerned shareholders" to be out in full force pending this announcement. The issuer brings the following link and AUDIO PRESENTATION to its true shareholders' attention which is self explanatory http://www.minamargroup.net/duallisting.php.
Contact: www.minamargroup.com/helpdesk
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
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
GLCC(Frankfurt: L9X.F) .0130 Change:+.0040 (+44.44%)
Trade Time: 5:46AM ET
Prev Close: 0.009
Open: 0.011
Bid: 0.0070
Ask: 0.0130
1y Target Est: N/A
Day's Range: 0.0110 - 0.0140
52wk Range: 0.005 - 1.50
Volume: 360,500
Avg Vol (3m): 176,282
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<