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NOBO list ordered ( a good thing!, IMO):
"In other company news, the company has ordered a NOBO list for the purposes of reconciling the corporations free trading share structure. The company intends to make its findings public at the earliest convenience, including its corporate plans and remedy plans regarding restoring its recently massively devaluated share price.
Some of the possible options currently under consideration were outlined in the company's May 10th 2008 news release."
Source: 5/23 /08 PR
Get some coffee and please 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, 2008 /PRNewswire-FirstCall via COMTEX/ -- Goodlife China Corp (GLCC) and Beiguo Renbai Group Corp are pleased to announce that the 2 companies signed strategic cooperation agreement in Hebei. Director of Hebei Supply and Marketing Cooperatives Zhang Yanhui, Deputy Director of Hebei Commerce Zhong Ji'an, Deputy Secretary General of Shijiazhuang Government Tang Huamin, Director of the Bureau of Commerce of Shijiazhuang City Kang Shunjing and other officers attended the signing ceremony.
Goodlife is a successful logistics service enterprise which introduces commodity to rural area and brings agricultural products to cities. Founded in 1998, the company has becomes one of the leading enterprises in the fields of agricultural products, production materials, and commodity of Hebei supply and marketing cooperatives. Goodlife has an advanced information service system of terminal network of supply and marketing for urban and rural chain, and e-business platform. With the total assets of Yuan 150,000,000, it now establishes five subsidiaries in Beijing, Shijiazhuang, Cangzhou and other strategic locations. Goodlife engages in the logistics supply for terminal retail network of business chain faced urban and rural areas, and the establishment of B2B information platform these ten years, providing commodity suppliers service of storage, logistics distribution and information. It keeps 95% growth rate of development and now has three logistics distribution centers in Beijing, Shijiazhuang, and Cangzho. Goodlife serves more than 500 suppliers and 1700 stores members, with storage and distribution sum reaching 500,000,000 RMB in 2007. In 2008, Goodlife plans to increase 500 supplier members around Beijing, Tianjin and Hebei, totally 1000; increase 1000 store members, totally 2006; establish 2 logistics distribution centers, annual sum of storage and distribution over 1 billion.
Beiguo Renbai Group Corp was founded in July 2007. Since these 8 years, it has become a big group which mainly manages retail chains, and supermarket chain, family appliances chain, wholesale, distribution, storage transportation, advertising, exhibition, computer technology, restaurant and entertainment. Beiguo Renbai Group plans to upgrade on the new beginning of 2008, accelerates the development and extends further. As one of the main businesses of the Group, with years development, Beiguo Appliance has become the local leading enterprise in Hebei province, firstly starts chain management of family appliance.
Goodlife and Beiguo Renbai Group sign to cooperate on logistics in fields of family and life appliance series products. On the foundation of existing stores of Goodlife, brand management of Beiguo Renbai Group, and e-business management and standard service of logistics distribution, regarding Shijiazhuang as the center, Goodlife and Beiguo Renbai Group cooperate to develop member stores of appliance franchise in county, village and town, and create network system of chain management faced the whole province. Such cooperation can realize "appliance enter village", improve presents' life, accelerate development of enterprise, speed the development of rural economy, make great contribution to the establishment of social new country and embody magnificent meaning to social harmony.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Good Life China Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Good Life China Corporation's periodic reports filed with the regulatory authorities."
"Haorizi Logistics Co., Ltd enjoys a professional third-party logistics distribution center of 16,000 square meters, it has about 10,000 production locations that could assume the distribution of more than 1.5 billion in one year. There are more than 200 suppliers to provide goods for more than 50 retail stores.
Good Life currently provides various goods to the convenience stores in the gas station belonging to Beijing marketing company Petro China. In 2008 Good life plans to begin providing logistics distribution service of over 700,000,000 commodity sales items to 500 suppliers throughout Beijing.
Through GLCC - Service platforms, the company provides information services of product exhibition and sale, promotion, including issue of new products, online enquiries, and reconciliation settlement, matches. The commodity supply, and procurement information of retail stores, helps stores to purchase online, order timely, forms large-scale effect of intensive procurement, lowers cost of procurement operations, in order to assist Beijing SJJJF to improve the competitiveness and business performance of operating locations.
Mr. Yang, a company spokesperson, said, "GLCC remains committed, and loyal to our shareholders and followers. We are eager to see true values returned to our stock price."
Source 5/30/2008 PR
Now that's one good idea: Boat Name: "GOODLIFE", lol.
Yes, and I think a very $$$$$$$ great year for GLCC shareholders. :)
LOL! GLCC is the only tax burden I look forward to! :):
"chances are good i will add to my tax burden this week........ "
I agree: "..I think we will see a whole new wave of buyers..."
GLTU!
Re: "double bottom" Cool. One fine lookin chart, imo! :)
GLCC Divy NEWS :
Good Life China Corp (GLCC) Expansion And Corporate Update
BEIJING, June 2, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC www.goodlifechina.com begins June 2008 operations with 9 new stores, two are in Cangzhou, five are in Beijing, two are in Shijiazhuang. The company has signed up 15 new suppliers with audited online transaction of 1,682,200. The company sum of distribution is 117,760; and income of membership is 48,000; the income of distribution is 58,900. All sums reported in Chinese Yuan and converted in USD in company filings.
In other company updates, Mr. Yang, a company spokesperson, said: "The company has identified a couple of possible buyers for some of its North American assets. We were particularly interested in small public companies or at least much smaller size than us, and those that demonstrate vertical growth opportunities in their sector. Our reasoning is twofold. One reason is we are currently considering, and evaluating our corporate adviser's recommendation of spinning out this sale proceeds as a 1 time special dividend to our shareholders. At present, "insiders" own 80 million shares of GLCC. The second reason is, as currently issued restricted shares mature and become free trading (currently at 32 million shares), the company sees this dividend payment as one of the first of several incentives to attract long term shareholders instead of day traders and stock traders. GLCC is looking to reward its long term shareholders with this dividend, and also to target a buyer whose business growth will appreciate the dividends values for our shareholders far in excess of the present purchase price or agreed value. The issuer will make further updates on this planed sale/dividend, and expects to close the transaction in the next 30-45 days."
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
Yes, DIVI! Great ***NEWS 6/2/08***. This Company just gets Bettera and Better; it really wants to foster shareholder loyalty.
50 new stores in Beijing, and 80 new stores in the city of Cangzhou China: "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."
GlCC Full Transparency: "We have also heard back from Pink Sheets regarding our "current status" progress. We have completed and reformulated both the financial statements and the Initial Disclosure documents as per their final request and these documents can be viewed under our filings section of the Pinksheets.com web site. Although not required, we intend to post further "Initial Disclosure documents" after our current status is achieved to demonstrate full transparency, openness with our shareholders and our commitment to our loyal shareholder base."
Source: 5/30/08 Corporate update
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
Promise Kept. GLC Mgmt's Full transparency and keeping their word re: PINK SHEETs HIGHEST TIER STATUS:
"We have also heard back from Pink Sheets regarding our "current status" progress. We have completed and reformulated both the financial statements and the Initial Disclosure documents as per their final request and these documents can be viewed under our filings section of the Pinksheets.com web site. Although not required, we intend to post further "Initial Disclosure documents" after our current status is achieved to demonstrate full transparency, openness with our shareholders and our commitment to our loyal shareholder base."
Source: 5/30/08 Corporate update
GLCC Promise to Shareholders:
"BEIJING, March 12, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (TLGP) is pleased to announce that it has forwarded the adequate disclosure requirements to the Pink Sheets, LLC to obtain Pink Checkmark status as of Dec 31, 2007."
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
I couldn't agree more, Mr. BD..and for some reason I wasn't thinking of your solid idea re: GLCC buying shares at these levels and selling at a higher PPS later.
That makes total investment sense for GLCC.
BTW, as coincidence would have it, I have 42,000 restricted shares, so we must have purchased 40,000,000+ each
-way back when!!!
How about that! :)
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
Thanks for the chart Mr. E!
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
Well $50.00 may be unrealistic, let's say $49.95...J/K, lol.
WEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Humada...humada............
$$$$$$$
Best wishes, bud! :)
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
OK, I'm sorry, but it's hard to contain myself...I guess I'll just have to take cold showers until Wed. lol. :)
Re Mr. P's post:
"BTW guys, before you go blowing everyone's socks off re: GLCC. I will remind you that some of us would like to pick up a few more shares in the .04-.05 range Mon & Tues.
So if you don't mind, can you chill a bit?? What I'm trying to say is SHUSH! Bring this stuff up Wed!"
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
Puts the size of the Province in perspective, thanks GARDE!
FOR SURE! I FULLY CONCUR, MR. BD:
"For those that are overlooking GLCC statement that they are willing to buy the whole float and hold it until this gets to the proper market value .70 its a big mistake.
GLCC has a ton of cash in the bank 3.7 million and the value of the stock just from the cash is .022 area.
They also have 20 million in assets. .12 value now.
They are also profitable and are on target to grow 50 - 100 percent this year.
Chinese are very proud people and when they see all the hard work they have put in to build this over the last 10 years try to be ruined by a few brokerages and MMs they will have the last laugh in the end...
..This Blue Chip company is phenomenal and at some point a Major Buyout or Major Merger will happen to get this to a respectable Exchange..,
..Float is shrinking by the day."
My Perspective on GLCC :) :
1. I believe the GOODLIFE CHNA is willing to give the US market a chance to recognize the tremendous potential of their business.
2. What the Chinese probably did not know is that being on listed the Pink Sheets in the US, carries a sort of negative connotation; and US investors think "this is too good to be true" and "there must be a catch"..-this is foreign to their thinking;
because, as a general rule, the people in the Chinese Culture have values which are are honest, have integrity, are very hard working and mission minded; their industry reflects this. They have a certain high level of trust that extendsds to others that they interface with.
3. We, in the US have an invidualistic culture whereas in China TRUST is individual and SOCIETAL.
-GLCC does not realize people in the US don't believe their word in, what I consider to be, honest and ASTOUNDING PR's!
4. I believe that they will be patient and not make Rash Decisions, re: buying back shares.
5. I DO BELIEVE that GLCC has a INTENSE DETERMINATION to be VICTORIOUS and move this stock up to a higher exchange (FAILURE IS NOT AN OPTION in the eyes if GLCC) and/or do whatever it takes to have the US market reflect its GOODLIFE's TRUE VALUE!
I hope this helps some of you. :)
PEACE AND PROSPERITY; GLTUA!
ALL IS MY OPINION ONLY AND NOT A RECOMMENDATION TO BUY OR SELL.
Warmest Regards,
Captskip
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
"Goodlife China (GLCC) Signs Agreement with Shijia Zhuang Beiguo Renbai Group"
"Future Shopping Center Shopping Center , invested by Beiguo Renbai Group, is located at the CBD in , Invested by Beiguo Renbai Group, is located at the CBD in Shijiazhuang Shijiazhuang , with an operating area of 120,000 square meters. The building is made up of 6 floors and a basement. It boasts a large parking lot with 1300 parking places, and is one of the top department stores in , With an operating area of 120000 square meters. The building is made up of 6 floors and a basement. It boasts a large parking lot with 1300 parking places, and is one of the top department stores in North China North China . ."
AWESOME CONNECT THE DOTS POTENTIAL $$$$$$$
Great find Dallas! You are the "Cyber-Sleuth!" :)
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
Yes, I agree. Proper valuation and Market Forces will push this puppy North. No worries here...
GLTU!
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
GLTU Amigo! :) Stop by anytime!!!
Wow, very cool PRAE!
2 East China
2.1 Beijing
2.1.1 Summary
2.1.2 Status Quo of Merger and Acquisition
2.1.3 Potential Investment Opportunities
2.1.4 Gome Electrical Appliance Group
2.1.5 Wu-mart Holding Group Co., Ltd
2.1.6 Beijing Wangfujin Department Store (Group) Co., Ltd
2.1.7 Beijing Hualian Group
2.2 Tianjin
2.2.1 Status Quo of Merger and Acquisition
2.2.2 ZOWEE Department Store Group Co., Ltd
2.3 Hebei
2.3.1 Summary
2.3.2 Status Quo of Merger and Acquisition
*******2.3.3 Shijiazhuang Beiguo Renbai Group Corp.*******
2.3.4 Tangshan Department Store Group Co., Ltd
2.3.5 Hebei Baolongcang Commerce Chain Co., Ltd
2.3.6 Hebei Baobai Group Co., Ltd
2.4 Shandong
2.4.1 Summary
2.4.2 Status Quo of Merger and Acquisition
2.4.3 Potential Investment Opportunities
2.4.4 Shandong Sanlian
Correction: 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 to:
"Goodlife China (GLCC) Signs Agreement with Shijia Zhuang Beiguo Renbai Group
BEIJING, China, May 23, 2008 /PRNewswire-FirstCall via COMTEX/ -- Goodlife China Corp (GLCC) and Beiguo Renbai Group Corp are pleased to announce that the 2 companies signed strategic cooperation agreement in Hebei. Director of Hebei Supply and Marketing Cooperatives Zhang Yanhui, Deputy Director of Hebei Commerce Zhong Ji'an, Deputy Secretary General of Shijiazhuang Government Tang Huamin, Director of the Bureau of Commerce of Shijiazhuang City Kang Shunjing and other officers attended the signing ceremony.
Goodlife is a successful logistics service enterprise which introduces commodity to rural area and brings agricultural products to cities. Founded in 1998, the company has becomes one of the leading enterprises in the fields of agricultural products, production materials, and commodity of Hebei supply and marketing cooperatives. Goodlife has an advanced information service system of terminal network of supply and marketing for urban and rural chain, and e-business platform. With the total assets of Yuan 150,000,000, it now establishes five subsidiaries in Beijing, Shijiazhuang, Cangzhou and other strategic locations. Goodlife engages in the logistics supply for terminal retail network of business chain faced urban and rural areas, and the establishment of B2B information platform these ten years, providing commodity suppliers service of storage, logistics distribution and information. It keeps 95% growth rate of development and now has three logistics distribution centers in Beijing, Shijiazhuang, and Cangzho. Goodlife serves more than 500 suppliers and 1700 stores members, with storage and distribution sum reaching 500,000,000 RMB in 2007. In 2008, Goodlife plans to increase 500 supplier members around Beijing, Tianjin and Hebei, totally 1000; increase 1000 store members, totally 2006; establish 2 logistics distribution centers, annual sum of storage and distribution over 1 billion.
Beiguo Renbai Group Corp was founded in July 2007. Since these 8 years, it has become a big group which mainly manages retail chains, and supermarket chain, family appliances chain, wholesale, distribution, storage transportation, advertising, exhibition, computer technology, restaurant and entertainment. Beiguo Renbai Group plans to upgrade on the new beginning of 2008, accelerates the development and extends further. As one of the main businesses of the Group, with years development, Beiguo Appliance has become the local leading enterprise in Hebei province, firstly starts chain management of family appliance.
Goodlife and Beiguo Renbai Group sign to cooperate on logistics in fields of family and life appliance series products. On the foundation of existing stores of Goodlife, brand management of Beiguo Renbai Group, and e-business management and standard service of logistics distribution, regarding Shijiazhuang as the center, Goodlife and Beiguo Renbai Group cooperate to develop member stores of appliance franchise in county, village and town, and create network system of chain management faced the whole province. Such cooperation can realize "appliance enter village", improve presents' life, accelerate development of enterprise, speed the development of rural economy, make great contribution to the establishment of social new country and embody magnificent meaning to social harmony.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Good Life China Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Good Life China Corporation's periodic reports filed with the regulatory authorities."
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
NOBO list ordered ( a good thing!, IMO):
"In other company news, the company has ordered a NOBO list for the purposes of reconciling the corporations free trading share structure. The company intends to make its findings public at the earliest convenience, including its corporate plans and remedy plans regarding restoring its recently massively devaluated share price.
Some of the possible options currently under consideration were outlined in the company's May 10th 2008 news release."
Source: 5/23 /08 PR
Thanks for the chart and analysis penny_ta! :)
Great! GO RU! Did you watch the whole video, -it is loud and
in-your-face in the beginning, but settles down with an awesome professional presentation of Chinese Retail with English subtitles...
Perhaps 10 minutes long...
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
Oh, thanks Mr. X; actually another person posted it the other day, Kudos to him/her -we're all a good GLCC IHUB team! :)
Many positive contributions here...
I say, let's all get rich together and help other who are in need...........
Oh, thanks Mr. X; we're a good GLCC IHUB team! :)
PRAE, minutes into the VIDEO (http://www.brjt.cn/news/index.aspx) the subtitles read:
"In 2007 Beiguo department store ranked sixth in the best selling list of single retail enterprises..."
See how this relates to the GLCC PR ( Can you say $$$$$$$)!:
"BEIJING, China, May 23, 2008 /PRNewswire-FirstCall via COMTEX/ -- Goodlife China Corp (GLCC) and Beiguo Renbai Group Corp are pleased to announce that the 2 companies signed strategic cooperation agreement in Hebei.
Director of Hebei Supply and Marketing Cooperatives Zhang Yanhui, Deputy Director of Hebei Commerce Zhong Ji'an, Deputy Secretary General of Shijiazhuang Government Tang Huamin, Director of the Bureau of Commerce of Shijiazhuang City Kang Shunjing and other officers attended the signing ceremony.
Goodlife is a successful logistics service enterprise which introduces commodity to rural area and brings agricultural products to cities. Founded in 1998, the company has becomes one of the leading enterprises in the fields of agricultural products, production materials, and commodity of Hebei supply and marketing cooperatives. Goodlife has an advanced information service system of terminal network of supply and marketing for urban and rural chain, and e-business platform.
With the total assets of Yuan 150,000,000, it now establishes five subsidiaries in Beijing, Shijiazhuang, Cangzhou and other strategic locations. Goodlife engages in the logistics supply for terminal retail network of business chain faced urban and rural areas, and the establishment of B2B information platform these ten years, providing commodity suppliers service of storage, logistics distribution and information. It keeps 95% growth rate of development and now has three logistics distribution centers in Beijing, Shijiazhuang, and Cangzho.
Goodlife serves more than 500 suppliers and 1700 stores members, with storage and distribution sum reaching 500,000,000 RMB in 2007. In 2008, Goodlife plans to increase 500 supplier members around Beijing, Tianjin and Hebei, totally 1000; increase 1000 store members, totally 2006; establish 2 logistics distribution centers, annual sum of storage and distribution over 1 billion."
WEEEEEEEEEEEEEEEEEEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
YES, KEEP WATCHING, THERE ARE SUBTITLES A FEW MINUTES INTO THE VIDEO; gltu!
The VIDEO! http://www.brjt.cn/news/index.aspx
INCREDIBLE! PLEASE WATCH THE WHOLE THING, IT RUNS FOR ABOUT 7 MINS.
:) :) :) :) :) :) :)
The video mentions 7 years in Hebei Province; in the selected portion of the PR below,, it should read "July 2007.
"Beiguo Renbai Group Corp was founded in July 2007. Since these 8 years, it has become a big group which mainly manages retail chains, and supermarket chain, family appliances chain, wholesale, distribution, storage transportation, advertising, exhibition, computer technology, restaurant and entertainment. Beiguo Renbai Group plans to upgrade on the new beginning of 2008, accelerates the development and extends further. As one of the main businesses of the Group, with years development, Beiguo Appliance has become the local leading enterprise in Hebei province, firstly starts chain management of family appliance.
Goodlife and Beiguo Renbai Group sign to cooperate on logistics in fields of family and life appliance series products. On the foundation of existing stores of Goodlife, brand management of Beiguo Renbai Group, and e-business management and standard service of logistics distribution, regarding Shijiazhuang as the center, Goodlife and Beiguo Renbai Group cooperate to develop member stores of appliance franchise in county, village and town, and create network system of chain management faced the whole province. Such cooperation can realize "appliance enter village", improve presents' life, accelerate development of enterprise, speed the development of rural economy, make great contribution to the establishment of social new country and embody magnificent meaning to social harmony."
Heya Prae, (to clarify my comments) the Development of GLCC,
and the AWESOME PROGRESS (AS REFLECTED IN THE VIDEO) of CHINA in this locality and the cooperation/development/progress of these companies are truly staggering!
FULL PR:
Goodlife China (GLCC) Signs Agreement with Shijia Zhuang Beiguo Renbai Group
BEIJING, China, May 23, 2008 /PRNewswire-FirstCall via COMTEX/ -- Goodlife China Corp (GLCC) and Beiguo Renbai Group Corp are pleased to announce that the 2 companies signed strategic cooperation agreement in Hebei. Director of Hebei Supply and Marketing Cooperatives Zhang Yanhui, Deputy Director of Hebei Commerce Zhong Ji'an, Deputy Secretary General of Shijiazhuang Government Tang Huamin, Director of the Bureau of Commerce of Shijiazhuang City Kang Shunjing and other officers attended the signing ceremony.
Goodlife is a successful logistics service enterprise which introduces commodity to rural area and brings agricultural products to cities. Founded in 1998, the company has becomes one of the leading enterprises in the fields of agricultural products, production materials, and commodity of Hebei supply and marketing cooperatives. Goodlife has an advanced information service system of terminal network of supply and marketing for urban and rural chain, and e-business platform. With the total assets of Yuan 150,000,000, it now establishes five subsidiaries in Beijing, Shijiazhuang, Cangzhou and other strategic locations. Goodlife engages in the logistics supply for terminal retail network of business chain faced urban and rural areas, and the establishment of B2B information platform these ten years, providing commodity suppliers service of storage, logistics distribution and information. It keeps 95% growth rate of development and now has three logistics distribution centers in Beijing, Shijiazhuang, and Cangzho. Goodlife serves more than 500 suppliers and 1700 stores members, with storage and distribution sum reaching 500,000,000 RMB in 2007. In 2008, Goodlife plans to increase 500 supplier members around Beijing, Tianjin and Hebei, totally 1000; increase 1000 store members, totally 2006; establish 2 logistics distribution centers, annual sum of storage and distribution over 1 billion.
Beiguo Renbai Group Corp was founded in July 2007. Since these 8 years, it has become a big group which mainly manages retail chains, and supermarket chain, family appliances chain, wholesale, distribution, storage transportation, advertising, exhibition, computer technology, restaurant and entertainment. Beiguo Renbai Group plans to upgrade on the new beginning of 2008, accelerates the development and extends further. As one of the main businesses of the Group, with years development, Beiguo Appliance has become the local leading enterprise in Hebei province, firstly starts chain management of family appliance.
Goodlife and Beiguo Renbai Group sign to cooperate on logistics in fields of family and life appliance series products. On the foundation of existing stores of Goodlife, brand management of Beiguo Renbai Group, and e-business management and standard service of logistics distribution, regarding Shijiazhuang as the center, Goodlife and Beiguo Renbai Group cooperate to develop member stores of appliance franchise in county, village and town, and create network system of chain management faced the whole province. Such cooperation can realize "appliance enter village", improve presents' life, accelerate development of enterprise, speed the development of rural economy, make great contribution to the establishment of social new country and embody magnificent meaning to social harmony.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Good Life China Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Good Life China Corporation's periodic reports filed with the regulatory authorities.
SOURCE Good Life China Corporation
GLTU!
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
:) :) :) :) :) :) :)
"Beiguo Renbai Group Corp was founded in July 2007. Since these 8 years, it has become a big group which mainly manages retail chains, and supermarket chain, family appliances chain, wholesale, distribution, storage transportation, advertising, exhibition, computer technology, restaurant and entertainment. Beiguo Renbai Group plans to upgrade on the new beginning of 2008, accelerates the development and extends further. As one of the main businesses of the Group, with years development, Beiguo Appliance has become the local leading enterprise in Hebei province, firstly starts chain management of family appliance.
Goodlife and Beiguo Renbai Group sign to cooperate on logistics in fields of family and life appliance series products. On the foundation of existing stores of Goodlife, brand management of Beiguo Renbai Group, and e-business management and standard service of logistics distribution, regarding Shijiazhuang as the center, Goodlife and Beiguo Renbai Group cooperate to develop member stores of appliance franchise in county, village and town, and create network system of chain management faced the whole province. Such cooperation can realize "appliance enter village", improve presents' life, accelerate development of enterprise, speed the development of rural economy, make great contribution to the establishment of social new country and embody magnificent meaning to social harmony."
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
"Let's get ready to RUMBLE" Going to happen sooner than later, IMO! :)
GLTU
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
GLCC:PLEASE WATCH THIS VERY COOL VIDEO IN IT'S ENTIRETY***
-I was blown away by it! Spread the word to other investors!
IT RELATES TO THIS PR:
Goodlife China (GLCC) Signs Agreement with Shijia Zhuang Beiguo Renbai Group
HERE IT IS: http://www.brjt.cn/news/index.aspx (IT MAY TAKE AFEW MOMENTS TO LOAD - IF YOU CAN, WATCH THE WHOLE THING )
Enjoy!
Not a buy or sell recommendation; everything is IMO.
:)Go Rutgers Scarlet Knights! RU! <: ))))><<
"Haorizi Logistics Co., Ltd enjoys a professional third-party logistics distribution center of 16,000 square meters, it has about 10,000 production locations that could assume the distribution of more than 1.5 billion in one year. There are more than 200 suppliers to provide goods for more than 50 retail stores.
Good Life currently provides various goods to the convenience stores in the gas station belonging to Beijing marketing company Petro China. In 2008 Good life plans to begin providing logistics distribution service of over 700,000,000 commodity sales items to 500 suppliers throughout Beijing.
Through GLCC - Service platforms, the company provides information services of product exhibition and sale, promotion, including issue of new products, online enquiries, and reconciliation settlement, matches. The commodity supply, and procurement information of retail stores, helps stores to purchase online, order timely, forms large-scale effect of intensive procurement, lowers cost of procurement operations, in order to assist Beijing SJJJF to improve the competitiveness and business performance of operating locations.
Mr. Yang, a company spokesperson, said, "GLCC remains committed, and loyal to our shareholders and followers. We are eager to see true values returned to our stock price."
Source 5/30/2008 PR
Thanks for posting the Chart Mr. MOMO; "looking solid", imo.
Welcome aboard and congrats! I think you are correcct in the upswing of the PPS; good time to join the party, lol.