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Sounds very enticing. Are we going to brand the cattle "MSTF$"
or call the ranch: MSTF MILLIONAIRE ROUNDUP. lol.
GLTU!
:)
GM $oldier!
YM, do we get to bring Rib eyes to the Island? We have to get them flown in from the mainland..or are you raising livestock too? lol!
:)
Good morning JW, and all my MSTF amigos! Day shift is on!
Great post. GLTU!
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)
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.
Outstanding Shares: 168,518,988 as of May 22, 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
On May 21 2008 the company reduced its Authorized shares by 2,000,000,000 shares
Incorporated: Hebei Province China, 1998 -Good Life Group Ltd.
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
Great point, what will the GLCC PPS be with RSI in the powerzone??
Holy moly...
Yeah, I called them for GLCC shares over 10 times in one day.
My broker and I are best of friends now, lol. I told him when GLCC hits,he will get a real nice bottle of Champagne from me, lol. :)
Best wishes, Mom.
GLTU, we longs all know how GREAT this company is, buying at these levels is a COMPLETE No-BRAINER, imo.
Ok, here it goes: WEEEEEEEEeeeeeeeeeeeeeeeeee
-that was fun....
GLCC & Director of German and East Asia Trade Relation Dept.:
"Good Life China Corp is pleased to announce that it has completed its meetings and discussions with Mr. Gerhaman Mire, Director of German and East Asia Trade Relation Dept. The German delegation visited the headquarters of Goodlife in Hebei accompanied by Director of market system construction department of Hebei Commerce Ms. Ma Zhongyu, and the Deputy Director of International relation department of Hebei Commerce Mr. Gu Sanlong. Mr. Gerhaman Mire was particularly interested on the exploration of rural market by Goodlife. Mr Mire expressed praise to the mode of the e-business operation and logistics distribution of Good Life.
Ms. Dong Mai Jia, Good Life CEO, said "Good Life has entered into a tremendous growth stage. Just to put all of this in focus, our Distribution Turnover to Stores, from 2005 to the first quarter of 2008 are as follows:
- 2005: RMB 0.23 billion
- 2006: RMB 0.42 billion
- 2007: RMB 0.80 billion
- First quarter of 2008: RMB 0.31 billion "
BEIJING, China, May 27, 2008 /PRNewswire-FirstCall via COMTEX
"We ask our shareholders to review our filings, plus to take into account the authorized share structure and our commitment to increase the share price of our stock and that we intend to continue with these unprecedented disclosure steps, and simply to allow the market to simply correct itself."
Source: 5/20/2008 CORPORATE UPDATE
PEACE AND PROPERITY!
Share price increase is GLCC management top priority: "We are exploring every opportunity to see our share price resumed or returned to its previous levels. This has become GLCC and our IR advisory team's top priority."
Source: 5/28/2008 PR
PEACE AND PROPERITY!
GLCC VIDEO CHART ANALYSIS BY CLAY msg #7231: http://beta.investorshub.advfn.com/boards/playvideo.aspx?v_id=21
Thanks again for the Chart analysis, Clay.
KUDOS!
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
otcstockexchange.com: IMGR, MMTE, GLCC, KDKN -Stock Alert our Good Life China Corp GLCC - http://finance.yahoo.com/q?s=glcc.pk ) (Tue, May 27, 2008, 8:27am ET)
"Good Life China Corp is pleased to announce that it has completed its meetings and discussions with Mr. Gerhaman Mire, Director of German and East Asia Trade Relation Dept. The German delegation visited the headquarters of Goodlife in Hebei accompanied by Director of market system construction department of Hebei Commerce Ms. Ma Zhongyu, and the Deputy Director of International relation department of Hebei Commerce Mr. Gu Sanlong. Mr. Gerhaman Mire was particularly interested on the exploration of rural market by Goodlife. Mr Mire expressed praise to the mode of the e-business operation and logistics distribution of Good Life.
Ms. Dong Mai Jia, Good Life CEO, said "Good Life has entered into a tremendous growth stage. Just to put all of this in focus, our Distribution Turnover to Stores, from 2005 to the first quarter of 2008 are as follows:
- 2005: RMB 0.23 billion - 2006: RMB 0.42 billion - 2007: RMB 0.80 billion - First quarter of 2008: RMB 0.31 billion..."
With GLCC's new PINK CHECKMARK status online trading may soon start, I think many investors may be reluctant to call their brokers or limit their calls, hopefully this will start soon.
"UP 58.842% from: up 142.% FRIDAY
IS'NT THAT 200% IN TWO TRADING DAYS?"
Pretty Good, eh other Capt?
GO GOODLIFE!
GLCC Golden Train to Hebei, next stop OLYMPICS! GOGOODLIFE!
Bringing in those sheaves Garde, lol.
Heya there Mr. Rat. GLCC and Chinese Year of the Rat!
It loking like your year is a good one!
GLTU amigo!
(GLCC)$0.027Change:0.01 (58.82%)Volume:10,343,243
16:34:32 EDTMay-27-08
This is one GREAT co.! GLCC will be a story stock of 2008 and the years to come, imo.
I've been DDing this for a long time, and have been scouping up shares as fast as I can at these levels.
Continue to DD and see what you find, it is amazing.
Please don't take my word as it is only my opinion.
Look around, best wishes Mr. flavfair!
GLTU!
Yes, Check out VIDEOS: GOODLIFECHINA.COM
And the PR's
Great CEO
LOW FLOAT
Boomage GROWTH
Established and Honorable Company
PINKSHEETS CURRENT Reporting
Peace and Prosperity!
Thanks again Clay, great analysis Go GOODLIFE!
Good luck Mr. Nacho!
Yes, volume and $$$$$$$
Welcome aboard lindy, great close for GLCC today and Fri. :)
Yes, Mr. W. I have had to phone it in several time to my broker, but it's no biggie.
Regards,
Captskip
Welcome aboard! :)
Come onboard! GLTU whatever you decide. It's still way early in the game, imo. Wait until the CHINESE investors start to pick up shares..woohooo!
Welcome aboard to GLCC Mr. CBGB; Hey, I've seen CBGB's in NYC, quite the Rock landmark. GLTU :)
Yes, Better and better, IMO Clay.
Thanks, Mr. T and GLTU!
Best wishes, :)
Yes. They're playing my tune. lol.
WEEEEEEEEeeeeeeeeeeeeeeeeeeeeeee