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Captskip

06/05/08 6:32 AM

#10788 RE: Captskip #10787

"GLCC is looking to reward its long term shareholders with this dividend, and also to target a buyer whose business growth will appreciate the dividends values for our shareholders far in excess of the present purchase price or agreed value. The issuer will make further updates on this planed sale/dividend, and expects to close the transaction in the next 30-45 days."