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HOLY MOLY GLCC MACKERAL, Just checking in!
GOOD LIFE TO ALL HERE!
Thanks for the MSTF Chart! :)
Vive GLCC! Lang lebe Good Life China!
Wow, would be very cool! MSTF is looking primed, imo.
Thanks BD for all your keen insight and analysis.
GLTUA!
Heya $oldier, good to see you around and thanks for your support, lol. We'll see how the rest of the week goes for MSTF.
GLTU!
My apologies to the board.
Yes, GLCC is gaining more and more attention which means more and more investors/traders. There is not another Check mark status pink sheet stock that holds a candle next to this one, imo.
GLTU :)
lol. That's the spirit! "Let's get ready to RUMBLE!"
Have a GREAT day, GLTU!
Ps.: that earned you a person mark, you're up to 35 now!
I hope some of the Info I've posted helps those who may not be acquainted with the magnitude and scope of Goodlife China. This is an established, exciting, growth-oriented company that is honorable and professional. Best wishes to all and GLTU!
Regards,
Captskip
"Good Life China (CLCC.PK) & (XE:L9X) announces signed agreement with IGA
BEIJING, April 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (GLCC) is pleased to announce that it has signed a cooperating and, general agent agreement for the province of Hebei, China with International Independent retailer alliance, International Grocers Alliance (IGA). GLCC sees this opportunity as the one to learn from, and benefit from with the mature operation model, and advanced, management skills of IGA. This partnership will allow GLCC to utilize IGA's global purchasing network together with IGA's management resources. Mr.Yang GLCC company spokesperson said, "Just to put all of this in focus, and the magnitude of this relationship for example this will pave the way for us to negotiate with suppliers directly, and to obtain favorable prices coequal to Wal-Mart, Carrefour and other International retailers, to name a few. Additionally, GLCC will have the ability to share the IGA brand, and to conform to the supply chain, and to realize a win-win relationship. In return, the rural network resource and e-business platform GLCC provides, offers a much wider marketplace, and advantages for IGA to develop in rural market of China".
In other company news, Hebei Commercial Association held the award conference of "Top ten news, Top ten brand enterprises, Top ten annual people of Hebei commerce and trade circulation service industry". Good Life was awarded the title of ten brands enterprise of commerce and trade circulation. GLCC CEO Ms. Jia Dongmei was awarded the ten outstanding enterprisers of commerce and trade circulation award."
The VIDEOS: http://goodlifechina.com/about.php
These are AWSOME, check them out!
Good Life sites: Corp & Commerce
http://www.goodlifechina.com/corporate.php (Corporate: U.S./Canada/China)
http://www.haorizi.com/ (Corporate: China)
http://tinyurl.com/3frk5z (English/translated)
Commerce/products:
http://www.huozhan.com/ (Shop: China)
http://tinyurl.com/yvynvk (English/translated)
"GLCC continues its push forward into the rural areas of Hebei Province in China. This expansion will include building services in the purchase and sale of urban and rural network of chain e-commerce platforms, logistics and upgrading the Good Life China brand. These plans include opening 1000 new stores, bringing the total to 2,600 members, three new logistics depot, for a total of six, 460 additional new suppliers for a total of 700 suppliers, and development farmers Membership to 400,000. GLCC is also pleased to report a financial snapshot of the forward guidance. Online trade volume of 700 million yuan, (100 million USD) 500 million yuan (70 million USD) of logistics, and distribution, and the total profits of 40 million yuan (5.7 million USD).
GLCC upper management ensures that these objectives are completed, without an adjustment of the company's pay standards and without compromising any performances. Ms. Dongmei Jia concluded that Good Life business models, and corporate operations in the past have proven to be the ones that avoid the cumbersome process and the commercial risks involved in these tasks. In the 1st Quarter of 2008 GLCC began the task of improving its system, construction process and it's links and entry into the International markets.
Through the implementation of the GAAP accounting and self performance examination, GLCC has managed to save about 11% on operation costs, which is savings the company intends to pass on to its staff to strengthen the team's integrated ability, and to make solid foundation to continue its growth pattern without interruptions."
Source 4/24/2008 PR
Watch this video : http://www.brjt.cn/news/index.aspx
View it in it's entirety for full effect!
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
Outstanding Shares
168,518,988 as of Apr 15, 2008
Authorized Shares
500,000,000 as of May 22, 2008
Number of Share Holders of Record
1,775 as of May 19, 2008
Float
32,888,388 as of May 19, 2008
Estimated Market Cap
4,550,013 as of May 27, 2008
Source: Pinksheets.com
GOODLIFE CHINA RETAIL STORES
From corporate stores to franchise model:
As the Company has continued to grow, it has developed expertise in logistics, and has refocused corporate efforts to concentrate on the efficiencies generated through advanced, web-enabled systems and on the supply side as well as the retail distribution processes.
In 2007, the Company moved forward from a corporate owned retail store strategy to a franchise system. All 1,600 stores have been converted to franchises, and are now operated by franchisees. Aggressive expansion of the retail footprint will be made on this basis.
The franchise approach works incredibly efficiently. The Company has developed advanced logistics and efficient stock inventory, sales reporting and back end corporate software solutions, adopting many best practices used by major retailers in the Western world.
The rate at which the Company can establish new retail locations is astonishing. Standard store sizes are 100 sq. meters per location. Retail outlets are based on a standardized format for the Haorizi convenience store banner. Store fixtures, computer systems, signage and stocking is achieved in a matter of days, rather than months.
The chain will open nearly 600 new stores this year, and plans call for an accelerated pace for the next five years that is staggering; reaching 2,200 locations by the end of 2008.
Retail Outlets:
A typical Haorizi store is roughly 100 sq. meters in size, and stocks a very wide selection of products. This includes:
Fast food and snack
Groceries
Alcoholic Beverages
Health and Beauty Aids
Kitchen appliances
Soft Goods (clothing & footwear)
Toys
Newspapers and magazines
Hardware
Specialty regional products
Average annual sales per store run RMB600,000 (roughly $80,000 USD). The stores are supported by a sophisticated POS 20:48 26/11/2007 information system, tracking stock and providing web-enabled purchasing. Good Life incorporates advanced retail concepts bar codes which detail product as well as supplier information. This is a significant achievement, given the rural areas within which the Company operates.
Each store also offers the option of becoming a retail member. Membership offers the benefits of online ordering and payment, local delivery
GOODLIFE CHINA - LOGISTICS/BUSINESS PLAN
The Company currently has 3 logistics centers operating in Cangzhou, Shijiazhuang and Beijing. Cangzhou, Shijiazhuang regional logistics centers sere a total distribution radius of 150 km, while the Beijing center handles logistics within a radius of 50 km.
Good Life's business plans call for an aggressive growth plan within the next three to five years serving the Beijing-Tianjin - Hebei markets; building a total of 19 logistics centers, handling approximately 8,000 vendors, 50,000 network shops, and handling distribution of more than 50 billion yuan (nearly $7 billion USD) in products annually.
The logistics centers will deliver agricultural inputs as well as consumer products throughout its network. Rural farmers will be able to sign up as members at the local store level, entitling them to order their requirements online, for delivery within local trading areas.
BUSINESS MODEL - GOODLIFE CHINA
The Company has evolved from Corporate owned stores to a franchise system. Based on the in-house knowledge based that has been developed in running these stores, Good Life has put together a complete turnkey package to offer its franchisees, as well as a fully integrated supply chain management system.
Good Life has advanced logistics in place for its three existing warehouses, with aggressive plans to expand along with the Company's increasing store count.
It has developed sophisticated e-commerce capabilities that encompass suppliers, franchise stores and even end-consumers. Good Life has developed proprietary intellectual property products that provide important competitive advantages in growing the Company at a rapid pace. These include a logistics platform servicing the needs of both franchisees and suppliers and manufacturers. Internet e-commerce enabled consumer level as well as franchisee payment systems; supply chain SCM, CRM systems as well as integrated POS and back office management information systems and inventory and shipping monitoring systems round out the Company's Information Technology capabilities.
Good Life Group Ltd.
Incorporated: Hebei Province China, 1998
Assets: over $20 million
Capitalization: $8.4 Million USD
Legal Counsel: Xia YongLi
Year-end: Dec. 31st
Affiliations and qualifications:
China Chain Store Franchise Association
ISO9000 international quality system certification enterprise
ICBC credit rating of AA Enterprises
Hebei Commerce Association
Ministry of Commerce of the People's Republic of China
Hebei Province General Supply and Marketing Cooperative
IGA China
MANAGEMENT TEAM:
Chairman & CEO: Dongmei Jia
2007 - Chairman & CEO Good Life
2006 - Present : President of Good Life Group Ltd.
2002 - 2003: MBA of Tsinghua University
1998 - 2006: Founder/ CEO/ Chairman of Hebei Cang Zhou Good Life Supermarket Ltd.
1988 - 1998: Founder/General Manager of Feitian Decoration Ltd.
--------------------------------------------------------------------------------
GOOD LIFE CHINA DIVISION
Vice President, E-Commerce
Wenpeng GUI
2005 - Present: Vice President/E-commerce Manager of Hebei Good Life Business Ltd.
2001 - 2005: COO of Beijing Jun He Online Technology Ltd.
1998 - 2000: Operation Manager of Beijing Zhong Gong Information Technology Ltd.
1997 - 1998: Development Manager of Hua Cheng, Branch of The People's Bank of China
Vice President, Logistics
Baoxin Yang
2007 - Present: Vice President /Logistics manager of Good Life Group. Ltd
1981 - 2007: Vice President /Purchasing manager of Beijing Chaoshifa Co.Ltd
1976 - 1980: Serve in the army
CFO
Guoying Zhang
2006 - present: CFO of Good Life Group. Ltd
2002 - 2006: Manager of Hebei Hongxiang Certified Public Accountants Co. Ltd
2002 - 1994: Cost manager of Shijiazhuang Interlining Factory
CTO
Ming Zen
Ph.D.&M.S. in computer Sciences, Beijing Univ.; B.S. in Computer Sciences, Zhejiang Univ.
2001 - Present: CTO of Good Life Group. Ltd
2000 - 2001 Established internet construction materials purchasing platform
GLCC-Watch the VIDEO presentations: http://goodlifechina.com/about.php
Good morning all MSTF folks!
OTCPicks.com Stocks to Watch GLCC, SWAT, VOYT, ERUC, UOMO for Thursday, May 29th
Yes, I think the Charts agrees too. GLTU!
GLCC GREEN AGAIN 0.065 +0.038 %Change +140.74 05/28/2008
GLTUA ! :)
"glcc being pushed in frankfurt pretty hard
Good Life China C.. A0NJP8 L9X.FSE Frankfurt Auslandsaktie
a delayed version is available on yahoo....http://finance.yahoo.com/q?s=L9X.F
http://www.finanznachrichten.de/nachrichten-2008-05/artikel-10911463.asp"
Yes Mr. Big, Our German Friends seem to be very interesting in investing and doing business with GLCC. This is an international stock play as well. Good point!
Clay's VIDEO CHART: **GLCC-5/28/2008 ** :
http://beta.investorshub.advfn.com/boards/playvideo.aspx?v_id=23
Post#7602
THANKS AGAIN CLAY, Great Job! :)
"..what most newbies dont realize is this stock was at .50 in the beginning of April and was forced down on bogus trades and 300k in trades took away more than 50 million in market cap.
There are tons of people especially Goodlife that are extremely upset and are going to do what it takes to get this back to where it belongs.
So yes .003 on the bottom to .065 is very impressive but from .70 down to .065 is devastating. We still have a long ways to go but it sure will be a wild ride both up and down and a traders dream.
Looking forward to the next few days and weeks but if most here knew the story they would understand that this stock should be valued at .50 - 1.00 now."
-Another well-reasoned post Mr. Bigdogs, thanks for your analysis! :)
GOGOODLIFE!
It will get there and its on its way
Good luck to all who have done well the last few days and the party is just starting. Technicals look unbelievable and resistance on teh upside is minimal from here. Could really move towards .20 with any momentum and we look to have alot of that.
Cant wait till tomorrow
CONGRATS ALL AROUND GLCC LOVERS!!! CHEERS!!!!!! :)
HOLY MOLY$$$$$$$$$$$$
Absolutely! GLTU! :)
Good morning, Mr. Rip. I can only assure you of my motives which are holding, no dumping, no pumping. I may sell a very small percentage here, but I intend to keep the bulk for many months, perhaps years -as I am a long, long as you may see. I intend to help pay for my kids tuition with some of this money.
Please don't take anyones advice here, just DD if you want and only invest according to your tolerance level.
Regards,
Captskip
Heya, thanks. GLTU, I believe it is one of the best pink checkmark stocks out there, and it should be on AMEX of NASDAQ, imo. I think that's what the company is going to shoot for.
PEACE AND PROSPERITY, amigo. :)
Yes. For me it's the GLCC 401K plan. :) GLTU!
"STOCK OF 2008" at least that's the opinion of many of us longs.
Wow .03 over 671,000 traded already!
GLCC NEWS! Good Life China (GLCC) Corp obtains current information status with PINKSHEETS.COM
2008-05-28 08:39 ET - News Release
BEIJING, May 28 /PRNewswire-FirstCall/ - (PINKSHEETS: GLCC) announces today that the Company has met the necessary disclosure criterion, receiving a "CURRENT INFORMATION" status with PINKSHEETS.COM.
The Company filed necessary financials and other corporate information with PINKSHEETS, which provides transparent information about the Company and its business on-goings. The Company will continue to adhere to these transparency requirements to maintain itself as a "CURRENT INFORMATION" tier quoted entity see: http://www.pinksheets.com/pink/otcguide/investors_market_tiers.jsp
Garr Winters, GLCC Secretary, stated, "We had hoped to achieve this level by the end of 2007 followed by becoming a reporting issuer with SEC, and moving on to a different exchange. We continue to maintain these aspirations. After a number of months, PINKSHEETS.COM allocated the highest possible level of transparence available to GLCC. We believe this will help further the Company's creditability throughout the domestic and International investment communities. This 'CURRENT INFORMATION' tier quoted status will help the Company attract new investors, new vendors and others who can now, with ease, complete due diligence on Good Life China.
Dong Mai Jia added, "GLCC recently paid out two separate dividend tranches as dividend and as RESTRICTED stock. It has also come to our attention that the 1st tranche has possibly made their way through the system and booked as free trading shares by some broker dealers. We are also hearing that some of the retail dividend recipients may have already sold their positions which may have contributed to our recent massive and rapid share price decline. Our IR tells us that that they have received quite a few inquiries from the designated recipients of the 2nd tranche who claim that they have yet still to receive their dividends. All of these shareholders have purchased their stock on the street, making it virtually impossible for the company to manage the process. We have requested from our corporate IR team, and advisors to follow up on all of this and we will act accordingly".
On the business front, Good life is pleased to report that 8 additional new stores were launched this week. 6 are in Cangzhou, one is in Beijing, and one is in Shijiazhuang. 2 new suppliers with audited on line transactions of (Yuan)1,122,300. The sum of distribution is (Yuan)785,600. The income of member attestation is (Yuan)16,000. The income of distribution is (Yuan)33,000. All sums are reported in Chinese Yuan and converted into USD on GLCC statements and filings.
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.
Good Life China Corporation
CONTACT: about this release, please contact Investor relations,
1-800-365-4331, or www.minamargroup.com/helpdesk, or visit the issuers web
site at www.goodlifechina.com
NEWS! Good Life China (GLCC) Corp obtains current information status with PINKSHEETS.COM
2008-05-28 08:39 ET - News Release
BEIJING, May 28 /PRNewswire-FirstCall/ - (PINKSHEETS: GLCC) announces today that the Company has met the necessary disclosure criterion, receiving a "CURRENT INFORMATION" status with PINKSHEETS.COM.
The Company filed necessary financials and other corporate information with PINKSHEETS, which provides transparent information about the Company and its business on-goings. The Company will continue to adhere to these transparency requirements to maintain itself as a "CURRENT INFORMATION" tier quoted entity see: http://www.pinksheets.com/pink/otcguide/investors_market_tiers.jsp
Garr Winters, GLCC Secretary, stated, "We had hoped to achieve this level by the end of 2007 followed by becoming a reporting issuer with SEC, and moving on to a different exchange. We continue to maintain these aspirations. After a number of months, PINKSHEETS.COM allocated the highest possible level of transparence available to GLCC. We believe this will help further the Company's creditability throughout the domestic and International investment communities. This 'CURRENT INFORMATION' tier quoted status will help the Company attract new investors, new vendors and others who can now, with ease, complete due diligence on Good Life China.
Dong Mai Jia added, "GLCC recently paid out two separate dividend tranches as dividend and as RESTRICTED stock. It has also come to our attention that the 1st tranche has possibly made their way through the system and booked as free trading shares by some broker dealers. We are also hearing that some of the retail dividend recipients may have already sold their positions which may have contributed to our recent massive and rapid share price decline. Our IR tells us that that they have received quite a few inquiries from the designated recipients of the 2nd tranche who claim that they have yet still to receive their dividends. All of these shareholders have purchased their stock on the street, making it virtually impossible for the company to manage the process. We have requested from our corporate IR team, and advisors to follow up on all of this and we will act accordingly".
On the business front, Good life is pleased to report that 8 additional new stores were launched this week. 6 are in Cangzhou, one is in Beijing, and one is in Shijiazhuang. 2 new suppliers with audited on line transactions of (Yuan)1,122,300. The sum of distribution is (Yuan)785,600. The income of member attestation is (Yuan)16,000. The income of distribution is (Yuan)33,000. All sums are reported in Chinese Yuan and converted into USD on GLCC statements and filings.
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.
Good Life China Corporation
CONTACT: about this release, please contact Investor relations,
1-800-365-4331, or www.minamargroup.com/helpdesk, or visit the issuers web
site at www.goodlifechina.com
(Thanks Mr. makinggreen123 for finding)
"Goodlife has Cash of 3.7 million area puts us at .022.
Assets of GLCC come out to right around 20 million which puts this at .12 right now.
Profitability adds a ton more of substance to this equation and growing at 50 - 100 percent a year makes this stock a downright steal at these levels. .50 - 1.00 is where this should be..."
Precisely, imo.