"The company is in serious negotiations with a SEC reporting company interested in acquiring a division of Good Life’s operations."
"The Company also has a separate agreement under review for the acquisition of other Company assets which it hopes to make public within the next 3-4 business days."
i posted this on another board similar merger pending.
i dont like a buy out by a fully reporting SEC company. unless its OTCBB then it has substance, as so long the company can deliver on the events and keeps bashers at bay. a reporting pink is a handicap means no access to cheap money only dilution through a mm who call their clients and hassle them for a $5- $10k put. also the mm take a load of restricted stock that they register and becomes free trading and thats somehow good for us shareholders.?
if they can spin off these assets and pay us part of the proceeds as mark the ir said than it could be good.
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