Good Life China Corporation (GLCC)

[itlogic]

See where EFGO split into GLCC and MONA? By the way, that wasn't really a complete diagram. I didn't include TLGP and Asia Pacific to show how EFGO became GLCC, or a part of it at least.

Anyway, Asia Pacific was a Special Purpose Corpoaration formed in Belize. It bought Haorizi Trading Stock Ltd., Corp. Then EFGO bought Asia Pacific. Then TLGP bought the assets of EFGO, which included Asia Pacific and the assets EFGO had on their own. Then TLGP actually became GLCC.

When that asset sale to TLGP happend, part of the deal was to give the EFGO shareholders on record as of 2/1/2008 a 1:1 dividend in the new GLCC. 1:1 being 1 share of GLCC for every 1 share of EFGO.

That dividend eventually showed up in our accounts. Being restricted, in some accounts, it was listed as GOLFI. GOLFI is just a place holder while the shares are not tradable. When the restriction is lifted and the legend removed, GOLFI should turn into GLCC.


These are my opinions unless otherwise noted.

Proud member #2 of the "iHub 9". All CAPS will crush the whimpy girly man quotes!!!

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15992