Good Life China Corporation (GLCC)

[sweet crude]

1 year hold...

due the recent changes in rule 144, if the company is reporting with the SEC you only have to hold the shares for 6 months before they qualify to be freed up through their law firm. If they are non-reporting, which GLCC is, I think it's a 1 year hold. Used to be a 2 year hold.

Another way for them to free the shares up is to register them in an Sb-2 filing, but you have to be fully reporting to that so GLCC cant do that.

Maybe someone else got some more info on that.