Flexpower Inc. (FLXP)

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Good Life China Corporation (TLGP - pending new ticker symbol) Issues Correction on Purchase of Assets
Tuesday February 19, 4:11 pm ET


BEIJING, China, Feb. 19 /PRNewswire-FirstCall/ - Good Life China Corporation issued a press release earlier today regarding the closing of the purchase of assets of Esprit/Good Life China.
The release erroneously reported the consideration as 86 million shares. The correct amount is 96 million shares of TLGP as consideration for the purchase, placing a value on the acquisition of $67.2 million USD.


The Company regrets the error.

About Good Life China Corporation

Good Life China Corporation operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward.

North American operations include a diversified number of online sub prime financial services. These included: the Payday Loan Software division; Forex Trading; and Advanced Electronic Funds Management.

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.

http://www.goodlifechina.com/