Good Life China Corporation (GLCC)

[itlogic]

Yeah, that's my point. For all the hooplah and fighting over if GLCC was actually Good Life or just Miro and Garr's investment vehicle that we paid for, it seems GLCC was NOT Good Life. It was just Miro and Garr's arrangement to invest in Good Life with other peoples money who were led to believe they were directly investing in some Chinese convenience store chain.

Bottom line is Stratey was right from the beginning. People were tricked into believing what wasn't really true. Stratey and others were just trying to show it for what really was. GLCC did not equal Good Life as MSFT equals Microsoft. There wasn't a one-to-one relationship like MSFT = Microsoft. It was more like GLCC = Miro/Garr investment = Good Life China. Miro and Garr used the Good Life news and their own fabrications to promote their investment, not the company. Their investment that you paid for. Once Miro and Garr sold their investment and made their money off GLCC, the relationship was over and now we have Moon cakes. Maybe some flipped GLCC and made a few bucks, but I guarantee Miro and Garr made a butt load more than anyone.

Ok, so maybe it didn't go down exactly like that, but somewhere along those lines most probably. Play the flip not a long term fantasy. GLCC is your proof that these companies being promoted now and in the future are just hype machines meant to make someone other than you money. Your only hope is to catch some of the momentum and get out before they do.