Good Life China Corporation (GLCC)

[frogjelly65]

Since the Chinese Government is a mojority shareholder and since "they" are the ones we are seeking approval from to begin with, we need to figure out which one of the choices is best for them.

My question to the board is this:

Given the list of choices we have been presented, which one benefits the Chinese Government's position the most?

I know which choice I prefer. The Eng America Buy Out, simply because I own divies and I would recover my losses with .70 a share. Unfortunately though, I'm a minority shareholder, so whats best for me isn't always best for the majority shareholder, [The Chinese Government].

Going back private is a real option to, unfortunately. They would save a lot of money and the Government would still have a vested interest in the company. It could be a win win situation for them if the company turns out to be profitable.

I'm holding on till the bitter or sweet ending. I've only invested what I can afford to lose and I consider it a high risk gamble but not lifestyle threatening for me.

GLTUA