Good Life China Corporation (GLCC)

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In other company news, and as further clarification to our announcement of May 20, 2008 Good Life has begun the process of reducing its authorized shares from 2.5 billion to 500 million shares. This act of reducing our authorized shares does not mean a stock split or a stock reverse as our critics charge. The stock split option was presented to us back in December 2007 which we now regret not following through with, as we remain mindful of our retail investors wishes. Be that as it may, this reduction of authorized shares is our way of demonstrating to our loyal shareholders that Good Life and its officers are not diluting as suggested to our IR representative. We have conducted an exhaustive research into our share structure and the previous operations of the entity. We have no doubts in our minds, that the past few months continuous sells which in effect created our share price decline, have all occurred from within our relatively old and large existing shareholder base. We are pleased to report that here in China, our current share price in USA is being ignored as nonsense by our customers, clients, patrons and those who simply visit our sprawling infrastructure and see for themselves the assets Good Life currently has in place, and the exceptional services and products we offer. Our financial statements speak for themselves.