GLCC hebt ab +335%
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Noverber 5th, GLCC released news:
Good Life China (GLCC) Financial Highlights YTD Performance
Wednesday November 5, 2008, 4:01 pm EST
-----------------------------------------
Member Information Service: This represents fees paid by member organizations on the retail and supply side to use Good Life's e-commerce enabled retail platform. These revenues consist of an upfront membership fee, and ongoing monthly charges for continued access to Good Life's advanced retail distribution, logistics and retail POS systems. October revenue was $0.86 million RMB ($126,000 USD), with total YTD revenue of $6.7 million RMB ($981,000 USD).
Distribution Services: This includes logistics and shipping services, which are generally charged as a percentage of wholesale value of goods shipped through Good Life's retail distribution pipeline. Gross Revenue for the month of October was RMB $32 million yuan ($4.7 million USD), with YTD revenue of RMB $0.36 billion yuan ($52.7 million USD). Income from distribution services reached RMB 1.45 million yuan, with YTD results of RMB 17.84 million yuan ($2.6 million USD).
Net Company profit for the month was RMB 922,800 yuan ($135,000 USD), which brings the total YTD performance to RMB 9,824,400 yuan, or just over $1.4 million USD.
Good Life China CEO, Dongmei Jia, advised; "We continue to add new members on both the retail and supply side of the equation. We added an additional 73 retail outlets to our membership service, and more importantly, 32 new suppliers, bringing the total number of suppliers to roughly 650. With our new business model, we anticipate that up to 70% of our revenue may be generated from the supply side. Out finance and IT departments are working diligently on more upgrades to our retail platform and back end reporting systems. By the end of this quarter, we anticipate being in a position to do more sophisticated analysis on our financial performance and track additional metrics in terms of business performance".
Madam Jia adds; "With a net income anticipated to be in the territory of just under $2 million USD, we are a bit mystified why financial markets have our market capitalization at under $3 million. This isn't even a multiple of two times net earning. If the Company trades at a relatively low multiple of fifteen times earning, we would expect a market cap of over $25 million, nearly a tenfold increase in the value of our shares versus current trading levels. We are looking at options available to us to unlock much of this hidden value, to the benefit of our long-term shareholders".
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To be a share holder, we trust and believed GLCC will be great and be a giant chain store company as 7-eleven all over the world.
we hope "Good life China" will coming into USA to open "good life USA" chain stores....!!
20.11.2008 12:32
Good Life China (GLCC) to Receive Additional Government Grants
BEIJING, Nov. 20 /PRNewswire-FirstCall/ -- Good Life China Corporation (News) http://www.goodlifechina.com/ (GLCC) is pleased to announce that it will be benefiting from a new launched grant program funded with RMB 100 billion Yuan ($14.6 billion USD).
The National Development&Reform Commission, Ministry of Finance and People's Bank of China made a joint announcement on Friday, November 14th of a new program designed to stimulate continued improvements in the economic development of, and 'quality of life' within, China's rural areas.
In the face of the global economic slowdown, the Chinese Governmental bodies are continuing to commit investments in the rural areas of China, especially infrastructure projects that bring long-term gains in the standard of living. This list includes major construction projects, continued emphasis on development of service industries and cultivation of new economic growth centers. Importantly, the initiatives also include energy conservation and pollution reduction programs.
The Hebei Development&Reform Commission has selected Haorizi (Good Life) to be a worthy recipient to receive financial support from these China national treasury-bonds. This is based on Haorizi's continued focus to improve logistic services and bring modern consumer products to rural areas, and the Company's successful launch and continued growth of its e-commerce initiatives.
Funding from the program will start being issued by the end of this year. The Company will provide additional details regarding this new funding 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: corporate@goodlifechina.com
Good Life China (GLCC) Shareholder Update
–Filing-
BEIJING, China, Nov. 29 – Good Life China (GLCC ) (www.goodlifechina.com) The following
filing is a management discussion filing and not a news release. Its purpose is to update or keep
the company’s shareholders informed on the progress of activities with the company. Further to
the company news release on the pending mining merger with Fun Foods Inc (Filing October 7
2008) the company has abandoned its aspirations to acquire or merge with this company. The
company has instead refocused on a much larger project and will announce the details shortly.
In a filing of July 15, 2008 and September 29 2008 where amongst other things the company’s
CEO continues to be frustrated with the market’s inability to reflect the true share of its security
the company contemplated an outright sale of one of its divisions namely its logistics and
warehousing facilities. The company has also abandoned its desire to sell its logistics and
warehousing divisions and instead will seek other remedies to increase its share values or at least
have the true values reflected in its security.
To that end ,the company intends to acquire a completely separate public company to complete
the spinoff. It intends to retain the same management officers and directors. The company
believes that through this spin- off of the logistics divisions without the process of a sale the
company can achieve a true value of all of its assets equally divided between these 2 public
entities.
The company is also seeking legal advice as to the ways and means to complete a forward share
distribution proceeds with its current shareholder base, in both publically traded companies.
Upon completion Good Life China will retain the IT division, licensing and membership base
while the new yet to be named public company will through this spinoff control the logistics and
the warehousing division.
Remunerating the company’s shareholders remains one of the managements top priorities.
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 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.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain
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: corporate@goodlifechina.com
BEIJING, Dec 01, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to announce that it has cordially concluded its reception with Deputy Mayor of Cangzhou City, Mr Song Youhong.
Mr. Song Youhong, Deputy Mayor of Cangzhou City, concluded the visit to Cangzhou branch of Haorizi on November 21, 2008. General Manager of Haorizi, and CEO of Good Life China Ms. Jia Dongmei used the opportunity to demonstrate the company's E-commerce system for Mr. Song. Details about the Haorizi operation model, development and strategic plan of the company were also discussed. Mr. Song highly appreciated the operation model demonstrated. Mr. Song said "The government would give greater support to Haorizi, and hoped Haorizi could make more contributions (sic) (expansions) in constructing the circulation market in Cangzhou City".
This visit is part and parcel, to the previous announcement of November 20, 2008 - where amongst other things the company announced that it will be benefiting from a new launched China government grant program funded with RMB 100 billion Yuan (about $14.6 billion USD).
In other company updates, the company recently completed a filing with the Pink Sheets on November 29, 2008 named Management Discussion and Analysis- Corporate Update Spin Off which tables the company's future plans. The company is using this opportunity to bring that filing to the attention of its shareholders and followers. The company will also be posting images on its corporate web site www.goodlifechina.com of this visit shortly.
Grüße
corth
Ich gebs auf mit Pinkies und OTC's...okay ich behalte die ich noch habe und von denen ich noch überzeugt bin...aber neues Geld geht im Moment in BigBoard stocks..die traden nämlich zu Pennypreisen meiner Meinung nach und da ist das Risikoverhältniss ziemlich minimal .. wozu noch pinkies / OTC ! :)
Die paar GLCC Aktien die ich habe werde ich behalten weilse eh nix mehr Wert sind...und die verkaufsgebühren spare ich mir lieber für den kauf von lohnenswerteren Investments...sorry to say aber langsam kotzt michs an mit der Rumlügerei von CEO's und Direktoren o.ä. die sollen sich nen Strick drehen oder an ihren Aktien ersticken.... vor lauter schlechtem Gewissen !!!!!!!!
l8er
bbb
Ob es dem so ist, bleibt sicherlich ein Kapitel für sich... Eines ist aber klar: es ist mit Sicherheit keine vertrauensbildende Maßnahme seitens der CEO, nach dem es erst vor kurzem das Gegenteil behauptet wurde, dass keine derartige Maßnahme geplant seien.
Zu gleicher Zeit hat auch Mona seine AS gewaltig nach oben erhöht: bis zu 3,9 Milliarden Stück. Es reicht jetzt fast für jeden Erwachsenen Erdbewohner, wenn es gleichmässig aufgeteilt würde! Und es wurde ebenfalls vor kurzem versichert, dass die AG keine Kapitalmaßnahmen benötigt bzw. plant. Auch hier wurde öffentlich und offesichtlich gelogen!
Good Life China (GLCC) Reports on Successful Meetings with Hebei Supply and Marketing Cooperatives
BEIJING, Dec. 5 /PRNewswire-FirstCall/ -- Good Life China Corporation (News) http://www.goodlifechina.com/ (GLCC) today, after the market closed announced that it received unprecedented support in meeting with the Hebei Supply and Marketing Cooperatives.
As the largest cooperative economic organization in the province, Hebei Supply and Marketing Cooperatives owns 11 city-level cooperatives, 152 county-level cooperatives, 1,512 primary supply and marketing cooperatives and more than 30,000 operation locations. Its distribution centers are spread throughout all cities and counties in the province and its total assets are more than RMB 29 billion yuan ($4.2 billion USD).
The secretary of the Party Leadership Group and director of the council of the Hebei Supply and Marketing Cooperatives, Zhang Yanhui, noted that the Cooperative has historically played an important role in the distribution of farm inputs and resulting crops, but has had some difficulties transitioning from a planned economy to a product or market driven economy, especially in the rural areas of Hubei Province.
In contrast, Haorizi's operating model of E-commerce and logistics displayed great development potential and delivered against the stated objectives to modernize and improve the efficiency of the Cooperative.
Zhang undertook to advocate for the adoption of the Haorizi e-commerce and logistics platform to the appropriate Department of the Provincial Cooperatives and to establish a panel to address expansion of Haorizi's operational business model throughout the province, striving to make all cooperatives member units of the E-commerce transaction platform within the next 2 years. This represents total trading volume of RMB 5 billion yuan (nearly $750 million USD).
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: corporate@goodlifechina.com
CONTACT: corporate@goodlifechina.com
Bei $750 Mio. Jahresumsatz im gesamten Vertriebsnetz, bestehend aus 30.000 Verkaufsshops, wären mindestens sagen wir mal 5% oder $37-38 Mio. Jahresgewinn drin; verteilt auf 2 Milliarden Aktien ergibt $ 0,02 per Share, mal KGV 10, so könnte der Kurs in 2 Jahren sich doch noch bei $0,20 einpendeln.
Rechne ich falsch, bitte um Korrektur!
Danke!
Nur leider zählt das bei Pinkies nicht sonderlich viel.
Danke im voraus!
Gestern abend habe ich die News dann aber mal in Ruhe gelesen. Die Aussage ist für mich, dass die 20.000 Geschäfte über die e-commerce Plattform von GLCC betrieben wird und über die Plattform ein Umsatz von 750 mio Dollar generiert wird. Die 20.000 shops werden nicht GLCC einverleibt, sondern GLCC wird über die Lizenzgebühr die Gewinne erhalten.
Was meinen die anderen? Oder alle weg?
Grüße
corth
Somit wäre meiner Meinung nach kein grosser Unterschied zu einem lizensiertem Haorizi-Geschäft. Wichtig wäre jetzt für uns zu verstehen, um welche Gesamtzahl der Geschäfte (d.h. bereits existierende plus vorher geplante plus die durch den Genossen Parteisekretär in Aussicht gestellte) bis 2011 unter Gesamtregie GLCC stehen werden, es geht!
Ist es möglich, dass das ganze als eine große Lüge von findigen Geschäftemachern in die Welt gesetzt wurde?!
Bei dem Kursverlauf aber nicht unbedingt plausibel, oder?