GLCC hebt ab +335%
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Pink OTC Markets News Service
Beijing, China— July 12, 2008 835 Am Beijing China - Good Life China Corporation, www.goodlifechina.com (Pink Sheets: GLCC) the issuer after the market closed today, announces the name of the proposed European buy out company.
That buyers name is Eng America Corporation. The Eng America entity is in the process of changing its corporate name. The issuer can disclose that Eng America is a USA based buyer that trades on the Frankfurt Xetra Exchange, and is quoted in Euro's and will trade in the 1.00 Euro range. The issuers IR Company Mina Mar Group is in China to discuss this proposal with the Good Life China head office in Beijing. The issuer did post some of the terms of the proposed buyout on pink sheets. Pending the outcome and decision of the issuers head office management, further updates will be filed or announced early next week.
In other corporate updates, the issuer takes this opportunity to advise its followers, and shareholders that it is it's investors relations (IR) firm Mina Mar Group who is spearheading heading the recently announced stock basher's lawsuit, against Investors Hub and its posters, and not the issuer GLCC itself. GLCC will be one of several named beneficiaries in the action. The IR has received assurances from several of its clients that they intend to join in the suit, and the IR is actively canvassing other issuers and inviting them to join in this lawsuit. The IR sees this as the only alternative to protect its clients, the clients security and their common shareholders from future abuse of these activities, which have gone on too long unchecked in the penny stock industry. The IR, has also retained a California USA based law firm LAW OFFICES OF ANDREW B. KAPLAN of San Diego California. This law firm is in addition to the Canadian law firm already engaged who has served the cease and desist letter to Investors Hub web site. The purpose of the USA lawyer is to further enlarge its scope of litigation against this web site, and its stock bashers who continue to slander the management and its officers, and who in the IR view have erased millions of assets off the issuer's books, and others alike.
It is the IR understanding that there are some California laws that allow shareholders to be held liable for their misbehaviors' and those that interfere in the company's ability to conduct commerce and trade. The IR will be recommending to the issuer to ask the courts to hold any proceeds of the sale that may be due to the named litigants in an escrow account as set off costs. The IR will also recommend to the issuer that a stock recall be made ahead of the closing of the buyout so to insure that any, and all short sales of its security are promptly covered.
The IR is making a recommendation of the sale to Eng America. The GLCC shareholders will remain owning their current GLCC stock plus will receive additional stock in Eng America as per the corporate filings of the issuer of July 9 2008. Assuming the deal is consummated and completed with Eng America GLCC will be made available to quire other assets and move in another direction. The IR has already received an express agreement from a Chinese based "Super Shopping Centre" (similar to Costco in USA for example) with 600 locations in China for a merger into GLCC.
The common shares of the Company are currently dually listed in the USA Pink Sheets (symbol GLCC.PK) and the Frankfurt Stock Exchange (Xe:L9X). The issuer is in good standings with Pink Sheets and ranked as a "Current Information" filer with its security.
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.
CONTACT www.minamargroup.com/helpdesk
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not Pink OTC Markets Inc. are solely responsible for the accuracy of such news releases.
http://pinksheets.com/pink/quote/quote.jsp?symbol=GLCC
The Eng America entity is in the process of changing its corporate name.
The issuer can disclose that Eng America is a USA based buyer
that trades on the Frankfurt Xetra Exchange,
and is quoted in Euro's and will trade in the 1.00 Euro range
**************************************************
...Eng America Corporation ??! (sorry, noch nie von gehört !?)
Hat jemand Info's ?
oder ist doch etwa alles nur "Hinhaltetaktik" von MinaMar ??
(ps: so langsam kommen mir doch Zweifel...)
--ax--
Aha aha aha....:)
Shortet der auch SWVC ??? hmmm
EFGO verfügte über die Assets der jetztigen MONA und Haorizi(GLCC)
TLGP (zuvor im Telekom Bereich tätig, vergleichbar mit jetzt Eng Amerikan Cor.) hatte nichts mit EFGO am Hut, kaufte aber beinahe die kompletten Assets inc. Haorizi herraus (siehe Post. oben)
TLGP notierte zur Bekanntgabe noch im 1$ Bereich und bestand danach nur noch aus Haorizi, daher der Namenswechsel in jetzt GLCC
(bin mal gespannt wie sich Eng Amerikan Cor. dann nennt)
Als Vergütung für den Verkauf der Assets sollten die EFGO ( jetzt MONA bin mal gespannt wie sich GLCC dann nennt) Aktionäre div. Aktien von GLCC bekommen (so wie GLCC Aktionäre welche von Eng Amerikan Cor. bekomen sollen...)
Daher verm. auch die Div. von 70 cents für die früheren (01.02.08)
besitzer von GLCC (EFGO) Aktien.
Hoffe es wird langsam klarer.
Quelle: http://www.reuters.com/article/pressRelease/idUS219281+15-Ja…
The League Publishing, Inc. (The League) (TLGP.PK) Enters into Agreement for
Purchase of Assets of MonArc Corporation (Previously Esprit Financial Group -
EFGO.PK)
TORONTO, Jan. 15 /PRNewswire-FirstCall/ - The League Publishing, Inc.
announced today that its management and a majority of shareholders have
approved a change of business operations, and has entered into an agreement
for the purchase of the assets of MonArc Corporation (previously Esprit
Financial Group, EFGO.PK - new ticker symbol pending).
The sale will be completed on an all stock basis, for all of the assets of
MonArc with the exception of its IFGX division.
MonArc Corporation has recently acquired Good Life China Group, whichoperates a rapidly growing chain of franchised convenience stores based in
Hebei Province, China. The Chain currently has a store count of 1,600 and
expects to grow to 4,000 stores by the end of 2008.
Incoming CEO Ms. Dongmei Jia advised; "We are very pleased to consummate
this deal, which will allow us to become a Current Information (Pink
Checkmark) company on the Pink Sheets. This will provide us with the
capabilities to continue the very aggressive growth objectives of Good Life in
opening additional stores as well as new logistics centers and supporting
infrastructure".
In addition, MonArc's North American operations (previously operating
under the Esprit Financial Group banner) will be included in the transaction.
This includes a diversified portfolio of sub-prime financial services, such as
PayDay loans, a Forex trading division, wholesale ATM sales and check 21
clearing services in international markets.
The League is in the process of changing its name to reflect the Company's
new operations, as well as obtaining a new ticker symbol and CUSIP number. In
addition, a new board of directors and Company officers will be appointed upon
completion of the purchase transaction.
The purchase transaction will be coordinated with the ticker symbol
changes pending for both companies. This will streamline the process of
issuing shares under the correct ticker symbols to all shareholders involved.
About The League Publishing, Inc.
The League Publishing Inc. is a public company that has previously been
focused within the broadcasting sector of Latin American television.
About MonArc Corporation (Previously Esprit Financial Group - EFGO.PK)
MonArc (formerly Esprit Financial Group, Inc.) is a public company engaged
in a diversified number of online sub prime financial services. These include:
the Payday Loan Software division; Forex Trading; Advanced Electronic Funds
Management; and Specialized Investment Banking and Financial Advisory
Services. It recently acquired Good Life Group Limited in a reverse merger.
About Good Life Group Limited.
Good Life Group Limited operates a rapidly growing chain of franchised
convenience stores based in Hebei Province, China. It employs advanced retail
concepts such as e-commerce enabled POS/back office systems, and achieves
significant economies of scale on the supply side of the business. It will be
expanding geographically to neighboring Provinces, as well as offering a
growing number of additional products and services, such as financial
products, as it moves forward.
Safe Harbor Statement
Information in this press release may contain 'forward-looking
statements.' Statements describing objectives or goals or the Company's future
plans are also forward-looking statements and are subject to risks and
uncertainties, including the financial performance of the Company and market
valuations of its stock, which could cause actual results to differ materially
from those anticipated. Forward-looking statements in this news release are
made pursuant to the 'Safe Harbor' provisions of the United States Private
Securities Litigation Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties, including, without
limitation, risks relating to the ability to close transactions being
contemplated, risks related to sales, continued acceptance of Esprit Financial
Group's products, increased levels of competition, technological changes,
dependence on intellectual property rights and other risks detailed from time
to time in Esprit Financial Group's periodic reports filed with the regulatory
authorities.
SOURCE The League Publishing Inc.
Investor Relations: (416) 619-0397
Das heißt:
Anfang Jahr übernahm Hebei Haorizi Company Ltd. (Good life China) für 5mil.$ EFGO (Esprit Finacial Group) die dann in MonArc Corporation umbenannt wurde.
TLGP The League Publishing, Inc (zuvor latin Television, vergleichbar mit jetzt Eng Amerikan Cor.) hatte nichts mit EFGO am Hut, kaufte aber beinahe die kompletten Assets inc. Haorizi herraus (siehe Post. oben)
Dazu diese Meldung:
Quelle: http://newsblaze.com/story/2008020615540902054.pnw/topstory.…
Mr. Garr Winters has been selected as the new secretary of TLGP. Mr. Winters has recently stepped down at the end of his 12 month contract as CEO at MonArc Corporation (previously Esprit Financial Group), where he remains an officer of the Company as corporate Secretary. Mr. Winters is a semi-retired executive who is an officer or director to many other micro-cap companies. Mr. Winters played a pivotal role in bringing Good Life to the OTC market in the U.S. He has also been instrumental in orchestrating a special dividend in TLGP stock to MonArc shareholders as part of the sale of MonArc assets to TLGP
TLGP notierte zur Bekanntgabe noch im 1$ Bereich und bestand danach nur noch aus Haorizi, daher der Namenswechsel in jetzt GLCC
(bin mal gespannt wie sich Eng Amerikan Cor. dann nennt)
Als Vergütung für den Verkauf der Assets sollten die EFGO (jetzt MONA bin mal gespannt wie sich GLCC dann nennt) Aktionäre div. Aktien von TLGP bzw. jetzt GLCC bekommen (so wie GLCC Aktionäre welche von Eng Amerikan Cor. bekomen sollen...)
Daher verm. auch die Div. von 70 cents für die früheren (01.02.08)
Besitzer von GLCC (EFGO) Aktien.
Puh ist das kompliziert !
Welche Rolle nun der hedge Fond dabei spielt, muss noch geklärt werden.
League Publishing, Inc. (The League) (TLGP.PK) Appoints New Officers and Directors
BEIJING, Feb. 4 /PRNewswire-FirstCall/ -- The League Publishing, (News) Inc. (TLGP - Pending new symbol change) is pleased to announce the appointment of the following officers and members of the Board of Directors:
CEO and President: Dongmei Jia
Treasurer: Jinming Wang
Secretary: Garr Winters
Dongmei Jia is the founder and Chief Executive Officer of Hebei Haorizi Company Ltd. (Haorizi), while Jinming Wang is a key executive with the Company. Haorizi is a chain of convenience stores operating primarily in Hebei Province, China. Founded in 1998, the Company has grown with increasing momentum and success, with an emphasis on serving rural areas of China. This initiative is supported by a major commitment by the Chinese Ministry of Commerce to bring modern retailing to rural areas across China.
Today there are 1,600 franchise stores under the Haorizi banner - which translates to 'Good Life' in English. Current business plans call for the Company to expand to 4,000 stores by the end of 2008, with continued accelerated growth in the coming years.
Mr. Garr Winters has been selected as the new secretary of TLGP. Mr. Winters has recently stepped down at the end of his 12 month contract as CEO at MonArc Corporation (previously Esprit Financial Group), where he remains an officer of the Company as corporate Secretary. Mr. Winters is a semi-retired executive who is an officer or director to many other micro-cap companies. Mr. Winters played a pivotal role in bringing Good Life to the OTC market in the U.S. He has also been instrumental in orchestrating a special dividend in TLGP stock to MonArc shareholders as part of the sale of MonArc assets to TLGP.
Hans Jonas Pettersson, outgoing officer and director of the The League, has resigned effective January 27th, 2008.
In related news, the Company has previously elected a new transfer agent, Heritage Trust Company of Toronto, Canada, as of December 17th, 2007. The Company is pleased to announce that the corporate files are in the process of being transferred in accordance with this decision. This move will facilitate the coordination of the special stock dividend to EFGO shareholders.
Incoming CEO, Dongmei Jia, noted, "We are pleased to clear one of the last hurdles which had been slowing down our short-term progress in effecting this final transaction. I know that Mr. Winters has been working extremely hard on our behalf to execute such a complex series of mergers and acquisitions. It is fitting that we are celebrating our Chinese New Year this month, coinciding with Good Life now being well-positioned for growth on the Pink Sheets, PLC."
The Company has also retained the services of the Mina Mar Group (http://www.minamargroup.com/) for investor relations and additional consulting assistance regarding Corporate Affairs. Mina Mar's consulting services have been instrumental in the acquisition process to date.
About The League Publishing, Inc.
The League Publishing Inc. is a public company that has previously been focused within the broadcasting sector of Latin American television. It is in the process of completing an acquisition of MonArc Corporation, previously Esprit Financial Group, and Good Life Group.
About MonArc Corporation (Previously Esprit Financial Group - EFGO.PK)
MonArc (formerly Esprit Financial Group, Inc.) is a public company engaged in a diversified number of online sub prime financial services. These include: the Payday Loan Software division; Forex Trading; Advanced Electronic Funds Management; and Specialized Investment Banking and Financial Advisory Services. It recently acquired Good Life Group Limited in a reverse merger.
About Good Life Group Limited.
Good Life Group Limited operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward.
Das interessante dabei ist, dass The League Publishing, Inc. zuvor Latin Television war und im August ihre kompletten Assets an eine Frma namens Stratus Entertainment verkauften.
Somit bestand The League Publishing, Inc. nur noch aus einer leeren Boersnhülle, beinahe die gesamten Aktien (rund 40mil.) waren wohl in Managementbesitz, daher wurde TLGP auch noch im Februar bei rund 1$ gehandelt was einem fiktiven Marktwert von rund 40mil.$ entsprach.
Dann kam obige Meldung über den Managemetwechsel da auch zu diem Zeitpunkt eine Übernahme von EFGO durch TLGP stattfand (nätürlich über Aktientausch) bekam Haorizi kurzfristig auch die Marktbewertung von TLGP da ja noch beinahe keine Aktien von TLGP frei handlebar waren.
Um es kurz zu fassen wurden in eine leere Hülle mit einem fiktieven Marktwert von rund 40mil.$ die Assets aus EFGO (Haorizi) eingepflanzt ?
Durch die gleichzeitige Erhöhung der O/S steig der Marktwert natürlich nochmals dramatisch an.
Da diese Shares erst später handelbar waren hielt sich der Kus bis anfang April über 0,5 $. ?
Nun stellt sich die Frage, wurde eine weit weit überteuerte Boersenhülle übernommen um anschließend das eigene Unternehmen herrauszukaufen ?
Geschieht das geliche jetzt nochmals bei GLCC über Eng America corp. ?
Ist Eng America corp. etwa auch nur eine überteuerte leere Hülle ?
The show must go on, nächste Woche sind wir evtl. wieder etwas schlauer.
(unbestritten: die Info-Politik ist konfus und verwirrend [seitens MinaMar gewollt??]
--ax--
MONA Reverse Reverse Merger Expanding, Good News
Since MONA is connected to GLCC in the Divy I thought I would post this.
http://www.pinksheets.com/otciq/ajax/...ancialReportById.pdf?id=16149
Kann mir das mal wer erklären?
Good Life China (GLCC) Eng America Corp Buy Out Proposal
BEIJING, July 14 /PRNewswire-FirstCall/ - Good Life China Corporation, www.goodlifechina.com (Pink Sheets: GLCC) the issuer announces the name of the proposed European buy out company. That buyer's name is Eng America Corporation. The Eng America entity is in the process of changing its corporate name. The deal will involve both cash and stock. The issuer can disclose that Eng America is a USA based buyer that trades on the Frankfurt Xetra Exchange, and is quoted in Euro's and will trade in the 1.00 Euro range. The issuers IR Company Mina Mar Group is in China to discuss this proposal with the Good Life China head office in Beijing. The issuer did post some of the terms of the proposed buyout on pink sheets. Pending the outcome and decision of the issuers head office management, further updates will be filed or announced early next week.
The issuer's security persistently remains short sold. The issuer may conduct a share count recall slightly ahead of the closing date of the buyout so to insure that any, and all short sales of its security are promptly covered. A possible short seller has also been identified as per the issuer's filings on Pink Sheets.
The IR is making a recommendation of the sale to Eng America. Assuming the transactions closes as planned the current share structure of both the authorized and outstanding shares will remain undisturbed. The issuer has also received many inquiries from its followers vis-a-vis the issuer's intent to conduct a stock reverse split. The issuer is not surprised that these types of questions are arising and possibly generated by its short seller stock traders. Be that as it may, the issuer wishes to use this opportunity to assure its followers, and shareholders that there are no such plans of a stock reversal whatsoever for a good foreseeable future.
The common shares of the Company are currently dually listed in the USA Pink Sheets (symbol GLCC.PK) and the Frankfurt Stock Exchange (Xe:L9X). The issuer is in good standing with Pink Sheets and ranked as a 'Current Information' filer with its security.
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.
CONTACT www.minamargroup.com/helpdesk
SOURCE Good Life China Corporation
Source: PR Newswire (July 14, 2008 - 8:02 AM EDT)
News by QuoteMedia
News alleine bringen`s nicht.
Was für ein dog diese Aktie.