Good Life China Corporation (GLCC)

[ergo sum]

Good Life China (GLCC) Potential Buy Out Candidate





BEIJING, June 16 /PRNewswire-FirstCall/ -- PINK SHEETS: GLCC http://www.goodlifechina.com/ announced today, after the market closed, that it has received interest from a European based publicly traded holding group of a possible buyout of Good Life China Corp.

The issuer was recently approached by this group, whom it believes is looking to enter the USA public markets, and expand its operations into Asia via Good Life's already developed network in China. The candidate, a publicly traded company trades on European exchanges such as AIM, Xetra and similar. The issuer and the Asia Pacific Group (the controlling entity of Good Life China) had NOT been contemplating selling the business, or its control. The proposal is considered a friendly one by all accounts and more importantly a significant one for the issuer and the issuers shareholder base. The consideration and options proposed has given the issuer reason to give it its full attention.

As a publicly traded company, we have a fiduciary duty to our shareholders to examine all offers to conduct the proper due diligence, and to report to our shareholders.

Contact: http://www.minamargroup.com/helpdesk

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

DATASOURCE: Good Life China Corporation


CONTACT: http://www.minamargroup.com/helpdesk