Good Life China Corporation (GLCC)

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GLCC CEO: "..can easily be upgraded to 100 or 500 million dollars..."

FOLKS, ARE WE MISSING THE BIG PICTURE HERE?

=THIS IS astounding, IMO!!!

BEIJING, China, June 5, 2008 /PRNewswire-FirstCall via COMTEX/ --
Pink Sheets: GLCC.PK, www.goodlifechina.com is pleased to provide the following update to its shareholders and followers.
Ms. Doi Mai Jia CEO of GLCC said, "In our earlier news release we have identified a small growth China based company Asiana Corporation (ASIC.PK) to whom we were looking to sell our Check21 division. I have met with Mr.Xu the CEO of Asiana, and on the second look we are now actually considering buying Asiana company as a whole on a all cash basis. Asiana enjoys the benefit of being licensed as an investment firm in China, and one of its assets is its rare Chinese issued Investment Company license. This license with a transfer value limit of 1.5 million dollars, can easily be upgraded to 100 or 500 million dollars now that it is active and in business. This alone would open up a whole new marketplace for GLCC with our Check21 capabilities, and with Asiana money transfer and payment services. I wish to stress again that this deal subject to further due diligence, will be done on a all cash basis. We do not wish to disturb our current share structure and our price per share; which has been on a bit of a roller coaster ride lately.

"On that note we wish to invite our shareholders and followers to preview a web cast interview conducted with GLCC on www.emergingissuer.com