"we will finally be able to issue regular Quarterly Reports to shareholders, produce a full Annual Report, and hold our Annual General Meeting of Shareholders. "
I don't get it - why FINALLY???? The reports have been promised since the year 2000 - what prevented them from filing before????
Heck in January 2007 shareholders were told 60 days:
winner
Member
posted January 22, 2007 10:20January 22, 2007 10:20
________________________________________
Greater China Corporation
Corporate Headquarters
One Rockefeller Plaza, Suite 1010
New York, New York 10020
Tel: (212) 765-4547 Fax: (212) 218-4223
Email: JWA*greaterchinacorp.com
GREATER CHINA CORPORATION
January 18, 2007
Dear GCC Shareholder:
I am pleased to report the results of our recent Board of Directors Meeting:
1. We have elected a new Director, Mr. Laurence B. Levine, who was also appointed Chairman of the Audit Committee. One of Mr. Levine’s responsibilities is to assist in expediting completion of the ’05 and ’06 audits and SEC filings. Financials must be filed with the SEC within 60 days of the audit in order to be current, and therefore it was decided to use the ’05 and ’06 numbers for this purpose instead of filing ’04 and ’05 numbers which would not have qualified.
2. We have established a Management Action Meeting which takes place each Monday morning from 10 AM to12 noon. This meeting provides a means to set priorities and follow-up on every outstanding item on a timely and continuing basis. Mr. Levine chairs these meetings and other key participants are invited as required.
3. We have developed more than a dozen extremely promising opportunities, some of which have been pending and others which are exciting new initiatives. We plan to announce certain of these in conjunction with our SEC filings.
4. We have expanded our Advisory Council to further strengthen our network of high-level relationships. This team provides us with a unique asset and a powerful base upon which Greater China can build. A list of current GCC Directors and Advisors is attached.
5. Upon the release of our audits and SEC filings and announcements of new operating initiatives, we will undertake a very active Public Relations and Investor Relations program under the guidance of Mr. Jon Scott. This will include an enhanced web-site and a continuing series of interviews, publications and corporate promotional materials. Hardly a day goes by when we are not approached with a potential business opportunity, highly qualified employee, or interested institutional investor. Given our official status after the filings we will be able to pursue these opportunities in a positive manner.
6. We believe that the completion of these actions will unleash the true value of Greater China. Once this happens we will begin to approach our targeted larger investors. During the interim, we are making available a limited amount of GCC 10/10 Convertible Notes in order to fund completion of the audits and filings and for working capital purposes. Interested parties should contact Jon Scott or myself for more information and a personal briefing. Participation in the Notes is available on a first come-first served basis.
We believe that this is the take-off year for Greater China Corporation and look forward to welcoming all of you at our Annual Shareholders Meeting which is expected to be held during the first quarter of 2007.
Sincerely,
John W. Allen, Chairman & CEO |
