BUYOUT ?
Posted by: Mr Goodlife Date: Monday, June 16, 2008 5:54:14 PM
In reply to: Tony_From_MI who wrote msg# 14942 Post # of 14985
Tony_From_MI here you go Buddy
Tony read down and you will see the Company and mangement is not happy with what has happened to the SP of GLCC and IMO this includes MONA also. This has been going on for a long time with GLCC.
Many posters here have argued that a NSS does not exist and never has. Check this post out today on NITE.
investorshub.advfn.com/boards/read_msg.aspx?message_id=30030411Well the Company and management thinks a NSS exists in both GLCC and MONA. GLCC and MONA are also sponsoring someone in the Olympics which IMO and others is huge.
You will also see by todays PR another reduction in its outstanding share count by as much as further 25 million and a possible buyout. My opinion Buy as much as you can afford of GLCC and MONA. Now this is my opinion only. I have been here for a long time and have seen what has traspired with both GLCC and MONA. Garr Winters is the real deal IMO.
Now think about this Tony, MONA has the same CONTACTS as GLCC does.
Hope this helps you.
BEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINK SHEETS: GLCC
www.goodlifechina.com announced today, after the market closed, that it has
received interest from a European based publicly traded holding group of a
possible buyout of Good Life China Corp.
The issuer was recently approached by this group, whom it believes is looking to
enter the USA public markets, and expand its operations into Asia via Good
Life's already developed network in China. The candidate, a publicly traded
company trades on European exchanges such as AIM, Xetra and similar. The issuer
and the Asia Pacific Group (the controlling entity of Good Life China) had NOT
been contemplating selling the business, or its control. The proposal is
considered a friendly one by all accounts and more importantly a significant one
for the issuer and the issuers shareholder base. The consideration and options
proposed has given the issuer reason to give it its full attention.
As a publicly traded company, we have a fiduciary duty to our shareholders to
examine all offers to conduct the proper due diligence, and to report to our
shareholders.
Contact:
www.minamargroup.com/helpdeskSafe Harbor statement under the Private Securities Litigation Reform Act of
1995: Certain forward information contained in this release contains
forward-looking statements that involve risk and uncertainties, including but
not limited to, those relating to development and expansion activities, domestic
and global conditions, and market competition.
SOURCE Good Life China Corporation
www.prnewswire.comBEIJING, June 16, 2008 /PRNewswire-FirstCall via COMTEX/ -- PINKSHEETS: GLCC
www.goodlifechina.com Good Life China Corp today unveiled plans today to reduce
its outstanding share count by as much as further 25 million shares. Mr. Yang a
company spokesperson said, "Just so that we are clear, and to avoid any possible
misinterpretations this further 25 million shares is in addition to the 12
million shares dividend recall, bringing the total count to 37 million share
reduction. When all the dust settles with all of the reductions, recalls and
planned buy backs, our outstanding share structure may be about 100 million
shares, more or less, with Asia Pacific (the holding and controlling company of
GLCC) being the majority shareholder.
This 25 million share reduction will be done effective immediately, and will be
done by a share cancellation order with the issuers transfer agent Heritage
Trust. Other than completing further filings on Pink Sheets on this topic,
(within this quarter) the issuer does not plan on making more announcements on
this topic as it waits for the market to simply correct itself. It will be
interesting for us to see what exactly will remain to trade and how the market
will do this without us having to conduct a complete share recall, and a
complete audit. Just to bring this all into focus, any further massive cuts such
as this one in our outstanding share structure, would have us being reverted
back to a single shareholder group or even back to a private company. Our
authorized share structure remains undisturbed"
In other company updates, the issuer continues moving forward with all announced
projects and expansions as previously announced. Although the short sellers have
temporarily redirected the spotlight from the issuers expansion aspirations to
its share price, the issuer is dedicated, focused and in a "all business mode"
as it pushes forward with its roll out of stores in China. The issuer should
also be in a position to announce our new Olympic sponsored athlete within a
week or so and our new athletic spokesperson. Mr. Yang concluded "the recent
Olympic sponsorship announcement has opened a whole new set of doors of
opportunities for us that were previously felt to be closed. It is becoming
clear to us why big business take up such a major role in the Olympics as the
benefits far outweigh the costs associated. The issuer remains extremely excited
about the future possibilities for its business with follow up announcements and
expansions planned as soon as completed.
Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: Certain forward information contained in this release contains
forward-looking statements that involve risk and uncertainties, including but
not limited to, those relating to development and expansion activities, domestic
and global conditions, and market competition.
SOURCE Good Life China Corporation
www.prnewswire.comCopyright (C) 2008 PR Newswire. All rights reserved
Friday June 13, 4:03 pm ET
The issuer verily believes that its security is a subject of naked shorting activities, and that a large short position of its security exists. See:
investorshub.advfn.com/boards/read_msg.aspx?message_id=30047964June 11, 2008
GLCC Management and its corporate advisers believe the security continues to be massively shorted with huge blocks of stock
biz.yahoo.com/prnews/080611/to456.html?.v=39June 10, 2008
We know that GLCC is listed on the Rule 3210 with Nasdaq Trader (see link)
www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold. This may have something to do with the orchestrated confusion, and obviously explains our un-relentless critic's true motives.
biz.yahoo.com/prnews/080610/to419.html?.v=43