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Non-Tech : GLCC - Good Life China Corp.
GLCC 0.00010000.0%Jul 16 9:30 AM EST

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To: jmhollen who wrote (47)10/19/2008 1:41:57 PM
From: anniebonny  Read Replies (2) of 69
 
"The Company has reached a preliminary agreement with a China based company. The deal is tentatively valued at $1.5 million U.S. This will be comprised of a cash payment of $300,000 and stock issuance of the purchaser's company. We are also considering our corporate advisor Mina Mar Group proposal that part of this purchase price be returned to our USA based shareholders who have held their position for at least a couple of months in the form of a 1 time special dividend, in addition to the dividend already scheduled for a payout by the end of the 4th quarter."

Special dividends, Extraordinary dividends - apparently the latest craze? "Dividends" makes it sound so safe and secure. A conservative investor's choice. A retired person's choice.


Looking at the 3 mos or 1 year chart certainly makes you wonder if that will keep the shareholders happy. I imagine they are dealing with a whole new lot of bagholders by now though - so who knows.
52 week high - $1.40 52 week low - .003
Last sale - .0037

With Landstar (LDSR) just activated best to keep the loyalty of the Mina Mar/Miro Zecevic shells going?
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