Good Life China Corporation (GLCC)

[lc45]

Marine-1, I would think since they can sell off portions, departments, shells, or designated subs, to other companies, without showing any effect to the main stock, they could sell any portion to a buyer that wanted to take that portion private. Large companies divest themselves of unwanted departments all of the time on the big boards. Granted those usually go to another publicly traded company, but it wouldn't have too. The question would be which part was going which way, and what would remain on the stock ledger as the base company. With the majority stock position still in a management controlled group, they can vote anything through that they want to do.
Msg rec'd, Thanks.