In other corporate updates, the issuer has received a number of inquiries regarding its buyout proposal. The issuer reminds its readers that it cannot prematurely release the candidate name. The issuer can however say that the offer came unsolicited from a publicly traded entity; it is a friendly one which in our opinion contains very favourable provisions and benefits. It is from a NON USA trading or a USA based company. The management and board of directors of Good Life have requested its North American corporate advisors to attend the candidate's offices in Geneva and to report its recommendations to the Beijing head office in July.
What was the offering price of the supposed buy out? Why haven't the shareholders been informed and given a vote against the offer? It must be hostile not friendly. Is there really an offer?
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