Good Life China Corporation (GLCC): Post Unavailable Additional Informati...

garde54 · 2008-07-16T16:19:14.2930000Z

it is not only that...there are also receivables... net income of 540,000 in the first quarter ! increase in deals with Begueo renbbai, SJJJF, Beijing petrol management company...increase in franchis stores from 1600 to 1811... deal with Agricultural Bank of China ... increase in logistics stores...Glcc even have branded goods.. they should have more revenues in second quarter and expect a very robust third quarter financial the float was 4.5 million in the start ... so why is it tanking... if mina mar is buying..ifWinters said sello some asets and buyback..if glcc have the means to access funds to buyback and expand business... It is not the chinese way of doing business, of spending for advertisement without guaranteed results...who gains from these advertisements...stay in focus... the business model is about increasing stores...if there is a gain then it is good ...just keep adding the stores... mothball the north american operations if it is not earning revenue...put it on hold.. why spend more in reverse/mergers... buyout all the shares ...you promise that glcc board of directors...glcc chinese mgt.. and i will caome forward to buy more... but at what price ? IMO !