Good Life China Corporation (GLCC) Logistics Candidate Update
January 02 2009 - 6:30AM
PR Newswire (US)
BEIJING, Jan. 2 /PRNewswire-FirstCall/ -- Good Life China
Corporation http://www.goodlifechina.com/ (GLCC) Further to the
company announcement of December 30th where amongst other things
the company announced that it has identified 2 separate public
companies for the spinoff of its logistics division, the company
has retained the services of Merger Law Group to assist with its
filings process in Germany. The acquired company is a UK based PLC
company Robox A I PLC Symbol: 5RB quoted on the German
Deutsche-Boerse. http://deutsche-boerse.com/. Mr. Yang a
spokesperson with Good Life China said, "Recent changes in the
securities laws effecting German issuers will require an expose
filing of the issuers business (equivalent to USA a form 211). We
are working as quick as we can to get this done including the split
off agreement and share distribution to our broad shareholder base.
The 2nd public company is a USA based Pink Sheet issuer who came
forth unsolicited after the conclusion of the shareholders tele
conference held last week, remains a possible option for Goodlife,
as our corporate advisors and our Corporate Secretary Mr.Winters
continued the negotiations over the New years holidays." In other
company news, we have reviewed the final draft over the New year
holidays regarding Westmount Resources an OTCBB quoted company
which Good Life China, intends to issue a statement of claim (a
complaint in USA) in an Ontario Canada court for certain defaulted
business matters. Mr. Yang concluded, "In a separate and unrelated
matter our corporate advisor Mina Mar Group has identified another
perpetrator, upon whom a separate statement of claim will shortly
be served and filed in an Ontario court. In summary the issuer is
advised and verily believes that this "distributor" of sort, or a
short seller with hired assistants which frequent the Internet chat
boards lent or sold shares and or acted in a manner inconsistent
with the task in which they were entrusted with. The issuer intends
to vigorously proceed against both of these matters, including an
already existing litigation against a certain chat board which
offers these "misinformed entertainers" a forum to exploit the
unsuspecting public." The issuer will provide further details as
they become available. 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. Get the
Facts Right. The issuer works hard to continue to keep our
shareholders informed, and news is updated frequently via Press
Releases, Pink Sheet http://www.pinksheets.com/ filings, and
updates to our websites. Other websites not sponsored, or
recognized by the Company may provide misleading or disinformation
to investors in order to manipulate trading patterns for a given
stock. Always look for original content from trusted sources,
rather than relying on 'excerpts' or discussion boards that may not
give you the whole story. The Securities and Exchange Commission
requires financial institutions or brokerage firms to provide their
clients with documentation, describing the risks of investing in
penny stocks. CONTACT: CONTACT: DATASOURCE: Good Life China
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