Good Life China Corporation (GLCC)

[lc45]

J ME, I stopped into ST on Friday. Agent did some DD for me on my 9500 shares of divies, listed as GOLIF @ ST. Shares are on a restricted cert in the vault(she didn't know whose vault, ST or DTC). I need to get a release of cert issued AFTER the restriction is lifted. ST will then send the cert back to the Depository Trust CO. to issue a new unrestricted cert. DTC charge is $95 per new cert.
Was given a contact for Heritage Trust Co. @ 416-363-1240. The nice lady there said their legal dept would issue a letter to release the certs authorizing reissue after the restriction is lifted. They have been instructed to refer all questions/inquiries about GLCC Divi restrictions to a Mr Garr Winters @ 416-597-8884. Called the number, and left a message with the woman that answered. I asked about the devi restriction length, and for an estimated restriction lifting date. If he calls I will also ask about an alternate path to receive new certs without the $95 DTC fee. Look at the current sp, and you will see that I will have to be carefull or the new cert, plus the trade cost, will actually cost me money to cash in my shares. I put this in so everyone can figure what their own costs/profits will be. Where, oh where is my $.70 per share divi goldmine. Waiting for my call from Mr Winters. Hope this complements what you were told. Use cusip # 38210N998 for inquiries. GLTY LC