Good Life China Corporation (GLCC)

[Stratey]

Actually, EOY07 and Current Audits would both mean something.


You're actually right, now that I think of it.

The '07 would include the balance sheet of EFGO at 12/31/07. If the audit shows material inconsistencies with the report shown to GLCC prior to the purchase of assets, GLCC could pull out the deal completely citing fraud. I'll ask the old timers here about whether they believe the financials of EFGO have been accurate.

Audits are normally done on a comparitive basis. Therefore, they would require a two-year audit of the numbers.

THAT would be interesting.


BUT...you see why I think it will NEVER happen??