Good Life China Corporation (GLCC)

[imants]

Yes,i also found it strange. I am gonna ask company on this:


An additional 35,129,443 shares were issued to Corporate Bank PLC as an
allocation towards a PPM offering, which offering is intended to raise up to $12
million USD over the next 8 – 12 months, with net proceeds to fund continued
expansion of the Corporation’s business activities, as directed by the Officers
and Board of Directors. These shares are to be held in escrow, and being
released to accredited investors as the contract for placement comes due.

I believe this in short term can provide them this cash ,but I see problems with this taking into account current share price.