BEIJING, July 7 /PRNewswire-FirstCall/ - Good Life China Corporation,
www.goodlifechina.com (Pink Sheets: GLCC) the issuer is pleased to announce
that it has retained Merger Law Associates S.A as its European Buy Out
corporate advisor. Mr. Yang the company spokesperson said: "The company has
recently been approached by an Asian Group and a European publicly traded
company for the purpose of a buy out, while the issuer at the same time has
been busy arranging certain already announced financing to grow its business.
Clearly it is evident that we have a lot of irons in the fire and we are
looking at those that are most serious and those that will give us and our
shareholders and followers the greatest return, over the shortest period of
time. While many of our novice critics can not wrap their minds around the
fact that an issuer with a growing business can multi task and often do. The
fact remains that the company is proceeding with all the plans as previously
announced."
In other corporate updates, the issuer's investor relations advisor has
retained the services of a litigation lawyer Fred Hawa in Toronto who
specializes in International law, and matters pertaining to slander and libel.
The action will commence immediately against these organized groups with
hidden agendas, and one amateurish type blog web site in particular tailored
for "Investor use" that harbor these stock bashers, and offers them a safe
haven to carry out their duties for their self serving needs. The issuer and
its investor relations firm regret having to take this legal action, however
both feel that in the matter of public interest and to insure the continuity
of remaining a good corporate citizen it must vigorously pursue this matter to
its fullest.
The issuer will report back on the legal matter and the name of the
Europian buy out company soon.
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
SOURCE Good Life China Corporation