Good Life China Corporation (GLCC)

[eyeamgame]

I'm a Canadian and I've lost more in this stock than you probably.
The original Chinese shareholders have also lost with the recent dilution through Private Placements.

The problem isn't with Canada or China, I expect Mira Mar is orchestrating this whole mess.

IMHO they probably have a relationship with the investors they gave the private placement to, and quite possibly with the European company supposedly buying us out.

It is entirely possible that either the receivers of the Private Placement or the European Company poised to buy us out could have been the ones responsible to drive the stock price down to these levels in the first place.

The company seemed to be on the right track to restoring shareholder value until the Private Placement was announced and done.

The fact that it was seemed to contradict all actions of management previously to restore value to this stock.

The buy out proposal stinks so far and even with clarification there is enough info in the filing to show it stinks and definately is not in the best interest of the shareholders, particularly at the cost of the placements and warrants.

I think the Chinese company has trusted Mira Mar and it appears they are taking us all for a ride.

Believe me , I certainly hope I am wrong and value is returned to us but I expect most of us that could get out even would probably jump at the chance with recent developments.

eye