More talk of suing the message board bashers. What I find odd is they say they have already served IHUB with a ceast and desist letter, yet IHUB says they have not and Matt made some pretty solid comments as to how he views this whole saga and what their intentions are...he actually called their actions silly to the point he will not allow this silliness on his message boards anymore...they silliness he refers to is the constant threats of lawsuits agaianst IHUB and any of it's posters.....JM, odd as it may be, but I think you and I both actually agreed on this subject....Companies threatening to sue message board posters for harming their company...is a JOKE. Almost every company I have seen play this card either never followed thru or simply died without ever following thru.....In my experience when a penny stock claims outside forces are hurting them we end up finding out it was management hurting the shareholders with all their sneaky tricks as they play the PR game blaming others.....But regardless of who is at fault..the so called bashers or the company itself, the one common theme is shareholders end up with near total losses while they wonder what happened to the "companies promise to protect them and go after those that are attempting to harm the company"...I mean hell, who cares who is at fault....the only thing that really matters is if the PPS goes up or down....I am very leary of any company that keeps claiming they are taking legal action because little peons on a message board are hurting their company.....and in this case I do find it odd that they said IHUB WAS SERVED with the ceast and desist letter, yet IHUB disputes this in writing.....Anyway, good luck to all playing GLCC.....and great weekend to all.....
<<Good Life China (GLCC) Eng America Corporation Buy Out ProposalJul 11, 2008
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.>>
And here is a response from I think Matt at IHUB. What to believe? They say they have already served IHUB with a ceast and desist letter but if you look below, IHUB states in writing they have not been served with anything and IF they are, they intend to make it very difficult as they will give individuals a chance to seek a QUASH.
<<Posted by: IH Admin
In reply to: public_eye who wrote Date: 7/8/2008 2:55:24 PM
Post # of 106423
Several users have asked us to respond to that alleged filing.
We do not know who or what "Investors Web Site" is.
Investors Hub has not received ANY legal notifications or requests for user data. We will not release any such data without a valid subpoena issued by a court of competent jurisdiction. Assuming we ever do receive receive such a subpoena, we will not produce any type of user data without first attempting to notify the affected parties and allowing them an opportunity to seek a quash. Further, Investors Hub may choose to object to any such subpoena itself, assuming one ever materializes.
The above position is a matter of longstanding policy here, and our extensive experience in these matters is that threats of this nature generally lack any credible legal basis and are often intended to distract and/or intimidate. It is extremely rare in our experience for such threats to ever actually become reality, and even in those occasional instances when a threatened subpoena does materialize, they rarely are sufficient to overcome the significant legal hurdles necessary to acquire user data.
Since there is no specific mention of Investors Hub in that filing we will not comment on it further at this time and afford each reader the opportunity to judge the credibility of the filing and those whom it is made on behalf of for themselves. To be clear, there has been no apology requested of nor made by Investors Hub, nor is one contemplated since there is no possible basis for one.
Next, we have offered great latitude in allowing company communication that violated our rules of conduct to be posted on this board simply because it was what the company was choosing to communicate to shareholders.
However, it's now just getting down right silly and it appears that emails purportedly from the company are simply being used to thwart the TOU of this site. It also looks as if these supposed communications from IR are meant to stifle and intimidate Users here. This is against the spirit of this community and will no longer be tolerated.
Public documents (filings, wire published press releases, etc.), even if they contain discussion of "bashers", "naysayers" or frivolous lawsuits can remain. However, communications from the company that are not publicly accessible should not be posted and should be removed if they violate the TOU.
siliconinvestor.com
Any questions, please send a PM to IH Admin.>> |
