Replies to post #48746 on Good Life China Corporation (GLCC)

[mypennies]

Looks like a spanking to me...no is the answer and no is the word. Is this GLCC stock holding onto the dreams of they might just might find someone out there that owns them a dollar and fifty two cent....if so PLEASE jump know cuz that just is adding up to good things....Sorry but the words NO bid and .0001 are more likely..

[Entangled Proton]

"The issuer is pleased to announce that it has entered into an agreement to sell and spin out its North American division"

"agreement" isn't the same as doing it. Show me where it was done and the gains or equity credited to the shareholders.
Let's see that sale price on a filing.

If you were following the auction of cashnow, then you'd know it wasn't spun out.

you mis-read the part on the 100k. Miro was trying to sell it for 100k not buy it.

The IR only says it's history just like you do, but a little online dd says otherwise. In fact I believe there's a PR or an email somewhere that clearly states that casnow was no longer in buisness. and that had to be at least a year ago.

[earthrhino]

"Your main point is valid. Shareholders should know what we're buying and what we're selling. To my knowledge, Haorizi is still part of GLCC and has NOT been spun off yet."

I think if we just relied on what this company and their IR clearly state about their holdings and dealings, we'd have to believe GLCC/EFGO/CHNW still has assets in a prime loan business, a check cashing service, a forex division, an online gaming, a mining exploration company, a candy factory, two Chinese convenience store franchisors, a Chinese food manufacturing plant, a vending/soda dispensing operation....I'm sure I'm forgetting some as well as getting some confused with their other "spin-offs".