The company had PR'd that the authorized shares would stay the same after they do the 1 for 20 reverse split. I believe the filing just formalizes that the share structure will be unchanged.

They probably know it is you and they are trying to save you from yourself so they don't answer. Hehe.

He didn't lie. They were worth 20 cents, just not to most of us short-term (less than 3 years!?!?!) common shareholders.

How can management get away with pumping the value of the stock like that getting everyone's hopes up and then distribute it amongst themselves? That is outright criminal!







All posts are only my opinion.

I can relate to holding on and hoping it all works out. Even right after I capitulated they raised my hopes yet again when they mentioned the 20 cent dividend to be paid to long term shareholders. Then when I heard how LONG and realized that it only applied to insiders I couldn't believe the blatent slap in the face!

It is disgusting the way these guys tease shareholders with multiple business propositions and then pull the rug out from under them when they never come to pass. Worst of all I can't believe that people keep falling for it even after many other people tell them about their personal bad experience with the company and management.

I guess as they say there is a sucker born every minute. Heck I like to think I am a fairly intelligent guy but I was one of them too.








All posts are only my opinion.

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What does it mean by restricted legend UNRESOLVED?

This could be what they also did to the GLCC dividend shares and that is why my broker cannot figure out what the shares really are or when they will become unrestricted.




All posts are only my opinion.

Sounds to me like Garr receives stock but he never sells it. He donates the shares to charity instead. Probably because he knows if he sits on them they will become worthless anyway.


Back in the EFGO days when he exchanged his common shares for preferred shares did he sell them or exchange them? I don't recall the details on how that was done.




All posts are only my opinion.

Wash, rinse, repeat. Typical pink sheet stock scam behavior.

New company, new management, it's not the same as it used to be. Yeah right!

New names, same game.

Yeah, I suspected it for quite a while but I was so far underwater with my shares that I could not do anything about it.

It has finally all been made clear now to anyone with any common sense.

Do you not see what just happened???

It appears that Miro just walked away with all the money from this shell game. He was CEO of Cash Now during that date of record for the divi payout. I am firmly convinced that he never went away after Garr took over. He apparently stayed around lurking behind the scenes within Mira Mar and most likely called all the shots. I believe this has all been a big set up.

IMO

This stock is going to tank hard tomorrow isn't it!

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What a clever way for the company insiders to legally just walk away with all the money they have collected from shareholders over the years!

Thanks, I suspected as much.

Even if ST would lift the restriction for a fee, it is not worth it to me especially since my divy shares are split between two different accounts so it would probably cost me 2X the fee.

Furthermore I don't agree with paying a fee for something that should happen automatically if the divy had been done right in the first place.

I just called Scottrade to find out what they know about GOLIF. They told me they are waiting for more information from the issuer as to what it is. They said that it looks like some kind of spin-off with no ticker symbol issued yet. They also see no set date when it becomes unrestricted.

So am I to understand that I need to grease ST's palms with $95 and they will then find a way to replace this counterfeit stock dividend with real GLCC certs?

I heard about that. So you have to pay to lift the restriction? That adds insult to injury!

Why was MONA's restricted Goodlife stock dividend different from most other restricted stocks that just have a set date when the restriction lifts? You're okay with this?

If only it was a one-hand to another exchange. I believe there was a third hand that took off with the bulk of our money before putting it into our other hand!

...oh yeah, it never really turned up in the other hand. It is not only virtually worthless, it is also indefinitely restricted.

Exactly! I had a cost basis of $.0007. Your calculation matches the 1% or so that I ended up with.

Don't you love how this year they raised the A/S from 14MM to 950MM and then dropped it back to 650MM like it was something magnificent that they did for us. Geeez!

Okay, I just realized that I may be starting to wallow in self-pity. I am going to go do something else. Later all...

I wonder that too! They keep talking about rewarding long-term shareholders. I held shares for a very long time up until a few weeks ago. I am afraid that if I did buy them back (assuming I started believing in them again) they would find a way to say my shares were not held long enough to qualify for the dividend. I would then have stock that would plummet to nothing after the dividend with no dividend paid to me to offset it.

I wish they would be straight-up like other reputable companies and just state a clear ex dividend date so that everyone can buy in before that and get it and not wonder if they are considered long term shareholders or not!

Quick way to check is to try to put in a sell order through ETrade. Just make the limit high enough that it will never sell but just to find out if they let you put it in at all online.

...I have seen Scottrade randomly restrict my online buy orders.

He is combining them because I used to have 55 million shares of EFGO. I ended up with 55,000 shares of MONA and 55,000 shares of GLCC (actually called GOLIF in my ST account, restricted until who knows when). My $40,000+ investment turned into less than $1000 value in the course of a little over a year. I averaged down for a long time until I ran out of money. I finally capitulated a few weeks ago to recover what I could. I gave up on the hope that this group would ever come through with all the promises they make. It has turned out to be just all talk...great sounding stories and pipedreams that never come to pass.

I agree with you Stratey. Miro is the mastermind behind it all.

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Hopefully things are different and a new batch of investors make out handsomely. I believe burn me once shame on you but burn me twice shame on me. Maybe it will be my loss but I have to stick to my values.

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What a deal! That same amount of shares cost me over $16,000 over a year ago! Way to go!

I haven't posted here in a while but I must say that the same pump going on now is exactly the same things they were saying back when they were CHNW and EFGO. That is how they suckered me out of over $40,000. They say things that sound very promising and in the end they mostly either do not follow through with what they said they were going to do or even worse do just the opposite which benefits the company and shafts the shareholder. I wish all of you the best that are buying into their hype. I just wish to caution everyone to invest only what you can afford to lose because "investing" in this company is a big gamble and one that did not pay off for me.

Yes, I can laugh about that one now. I don't know if I will ever get over EFGO/MONA though. At least that company stuck with the product trying to make it work but I can't say the same for MONA. I don't really know what they are trying to accomplish. Whatever it is, I don't think it is in the common shareholder's best interests. Once I start to figure their business strategy, they completely change the game plan. I have virtually no faith left in them or that I will ever be able to recover my $45K investment. I don't think I will ever be able to laugh at this one.

IT, about seven years ago I sold a stock through Etrade where the proceeds were less than the commission. They just made the commission equal what the proceeds were. Proceeds were like $6 and some change and at that time their commissions were around $20 or so.

Now that I think about it, that loss was similar to the one we are in now. Back then I had $1000 turn into $6. This was ELAST which turned out to be some snake oil type medical device they were selling. Seems like I would have learned my lesson back then. Guess I'll just never learn.

I'm wondering where all the 50,000 shares block sales are coming from? Is it dilution or can anyone here acknowledge that they have capitulated? Thanks.

I agree with you. I am not trying to distort value, my main point was that I don't think I should average down anymore. I stopped averaging down when I ran out of money and that is where the price was at the time. If TLGP (or whatever the new ticker turns out to be) holds .70 then great, some of my shares were cheaper than this. Time will tell how it all works out and I have no choice but wait and see and hope for the best anyway.

BTW, my cost average in "today's money" is .81. Been in for a full year now averaging down along the way. Still hoping that in time the combined value of Good Life and Monarc will surpass this basis and make the waiting all worth while.

Thanks but I already did the averaging down thing until tapped out back when the price was .0005 (.50 in today's money). If things actually pan out, then no need to keep averaging down since I have plenty of shares already.

...But if this is one big scam then also no need to throw more good money after bad. 10 years of retirement savings will have been all shot to heck and it's time to start over. Certainly been a learning experience to never again go all-in on a pinky stock! GLTUA!

Yeah, we found out they were going to China but the price had bottomed out by the time we learned toward the end of the year WHAT they were doing in China. By then we were stuck at their mercy.

O/S more like 1.4% of the A/S!

Lots of room to dilute now.

Wash, rinse, repeat. I heard this from another poster long ago. It looks to be ringing true now...

I was just saying that since they represent thousands of companies, it is very possible that Monarch has nothing to do with Monarc and it is just a coincidence that they represent the two close names.

That resident agent represents over 18,000 companies. So maybe not so fishy afterall.

Wrong link

Use this one

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=VXehRn4u%252frPF%252bYLY3RCK5g%253d%253d

I hope that is all it is.

They still respond to my emails. The last one a few days ago basically said the transactions are complex, particularly in light of the fact that we are dealing with three different regulatory environments (China, Belize and U.S.) and there will be significant additional information coming as soon as they can release more news.

There's always the chance all will work out for the best. I truly hope they have me eating crow for losing patience and confidence. It would be wonderful to see EFGO and everyone here prosper!

GO EFGO! Make us all proud!

I know, this reeks scam but I truly want to believe them. I would give up all my money before scamming someone to make a buck and want to believe others are that way but there are plenty of people that let greed prevail over morals.

I just want to make for a comfortable life for my family in retirement but possibly messed that one up.

Maybe I was greedy afterall putting it all on the line in this hoping for big rewards. I could have invested in safer havens for say 10% returns but wanted to try a faster track. Serves me right!

Okay enough belly-aching. I feel better now ;) I know we are all in the same boat here. There is still a chance this will work out for us but unfortunately I don't have a whole lot of confidence anymore based on the way EFGO management keeps stringing us along with vague information.

I hope you are right. I interpret the PR as saying the first step is essentially a r/s and then latter steps will follow. Maybe it was just hastily written and just didn't convey the exact plan very well. Hopefully things will be clarified soon and hopefully for the best. I have stated my concerns and I am sure a lot of others share them as well but what can we do about it now but wait and see? I will go back to lurking and watch for major developments. I have turned a little too cynical even for my liking and as they say if you don't have anything good to say, don't say anything at all. I will try to live by this. Again GLTUA!

You have been here a long time just like I have. I hope their game plan is for the benefit of the common shares because they have a major vested interest. But my big concern is their lack of consistent business plan. They have waffled all over the place and none of their divisions have flourished. It is almost like they don't care if these divisions succeed, just need to keep people believing a little longer while they sell more shares into the market. The "forest for the trees" view that I see is they have maxed out the A/S (well had until they raised it some more) and are now reinventing themselves with a 1 for 1000 r/s to start the process of big dreams all over again under a new name.

I will eat my words if the Good Life stake they share with us turns out to be a good deal for us and not just a major boon for management (that owns preferred shares with super voting rights). We will know soon enough...

All IMHO of course.