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Today's hot alert includes :- Good Life China Corp. (GLCC; Nov 3, 2009 8:45:00 AM
Good Life China Corp. (GLCC; www.goodlifechina.com) has targeted a Chinese agricultural company for a merger. GLCC sees great opportunity in this merger as discussions continue to progress.
The newly targeted company has a great potential for GLCC's infrastructure and distribution expansion. This company operates substantial agricultural assets in rural China and produces various commodities for Chinese growing market. GLCC management foresees the merger as a great opportunity to raise value of GLCC's distribution and boost GLCC's production sector. GLCC operating subsidiaries Haorizi and Miluga already operate a well-developed distribution network, and the company would benefit greatly from a merger with this agricultural giant. Detailed talks about the possibility of further expansions are well underway.
All details of the proceedings will be reported, and documentation that might be of interest to public will be filed on Pink Sheets.
In Other company news, Garr Winters who has been instrumental in this possible merger has resigned as a Secretary of Good Life China Corp. GLCC values Mr. Winters' experience he had brought to the company. The news about his successor will also be announced on Pink Sheets shortly.
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