GLCC “Taiwan Sundapost Company Negotiate Cooperation Agreement”
l
WillyW=
izard=20
Presents
Pink Sheet:=20
GLCC
News
Life China Corporation (GLCC) and Taiwan Sundapost Company Negoti=
ate=20
Cooperation Agreement
Friday February 13, 2009, 4:15 pm EST
=20
Corporation
http://www.goodlifechina.com/ (GLCC) announced today, after t=
he=20
market closed, that Song Zhiwen, chairman of the board of Taiwan=
=20
Sundapost Corporation and Wei Junwen, General Manager Assistant o=
f=20
Taiwan Chengyu Management Consulting Corporation visited Haorizi=
=20
Beijing headquarter to negotiate a cooperation agreement, the Chi=
nese=20
equivalent to a ‘joint venture’.
Established in 1995, Taiwan Sundapost Company (Sundapost) is a=
=20
privately owned package delivery company. It is controlled by Tai=
wan=20
Chengyu Management Consulting Corporation, which offers financial=
=20
services including a venture capital fund in Taiwan and other=20
countries.
While discussions focused primarily on the delivery of Taiwane=
se=20
agricultural products to the Chinese main land employing the Good=
=20
Life’s E-commerce enabled distribution platform, Song Zhiwen was=
=20
reportedly impressed with the E-commerce and logistics experience=
and=20
capabilities of Good Life, and the ability of the Haorizi network=
to=20
rapidly expand its sales using the proprietary huozhan.com servic=
e.
Good Life’s logistic distribution center cannot only provide=
=20
professional logistics service for the vendors but also save=20
distribution costs.
It is also hoped that there may be further opportunities to wo=
rk=20
with Chengyu Management Consulting Corporation from a venture fun=
ding=20
perspective. Management will be following up on this opportunity =
in=20
the coming weeks.
Safe Harbor statement under the Private Securities Litigation=
=20
Reform Act of 1995: Certain information contained in this release=
=20
contains forward-looking statements that involve risk and=20
uncertainties, including but not limited to, those relating to=20
development and expansion activities, domestic and global conditi=
ons,=20
and market competition.
Get the Facts Right. The issuer works hard to continue to keep=
our=20
shareholders informed, and news is updated frequently via Press=
=20
Releases, Pink Sheet filings (www=
.pinksheets.com),=20
and updates to our websites. Other websites not sponsored, or=20
recognized by the Company may provide misleading or disinformatio=
n to=20
investors in order to manipulate trading patterns for a given sto=
ck.=20
Always look for original content from trusted sources, rather tha=
n=20
relying on ‘excerpts’ or discussion boards that may not give you =
the=20
whole story. The Securities and Exchange Commission requires fina=
ncial=20
institutions or brokerage firms to provide their clients with=20
documentation describing the risks of investing in penny stocks.
CONTACT:
corporate@goodlifechina.com
Good L=
ife China
Good Life China is a diversified Interna=
tional company active in=20
China. Centered around a large and rapidly growing chain of conveni=
ence=20
stores serving rural markets. It recently changed its model from a=
=20
franchise one to licensing and back office services. The company al=
so=20
has a strong logistical division which it intends to spin off into =
a=20
separate public company and distribute the proceeds to its widely h=
eld=20
shareholder base. The company also maintains positions in other=20
cooperating companies.
Company Highlights
=B7 =
Good Life China has=20
enjoyed meteoric growth rates over the last 10 years,growing from a=
mere=20
8 stores in 1999 to almost 1,800 in 2007 becoming the largest chain=
=20
store network of convenience stores. Current plans call for the Com=
pany=20
to expand to 4,000 franchised stores in 2008, and reach upwards of =
up to=20
15,000 locations by the end of 2010.
=B7 =
N=
et=20
Profit is currently projected to exceed the fiscal plan of $2.29M=
=20
million USD for the 2007 fiscal year by a significant margin, and=
=20
increase to over $25 million USD by 2011.
=B7 =
Good Life China Corporation (GLCC) 2008 Preliminary=
=20
Financial Performance $58 million Gross Retail Sales
Compan=
y Overview
Good Life China Corp.
(OTC.PK:=20
GLCC)
Chinese Operations
Good=20
Life Group Limited was incorporated in 1998, by founder Ms. Dongmei=
JIA,=20
in conjunction with Hebei Province Supply and Market Association an=
d=20
other private investors, with contributed capital over $8 million U=
SD.
Established to develop convenience stores in rural areas within Heb=
ei=20
Province, the Company has been extremely successful. It has grown f=
rom a=20
handful of stores to the largest chain of convenience stores with=
=20
roughly 1,600 retail outlets serving more than 2.4 million people u=
nder=20
the Haorizi retail banner in Hebei.
The current run rate of gross sales generated within by the chain i=
s=20
over 800 RMB, or $107 million USD.
The Company’s five year plan is to reach gross sales 30 billion RMB=
,=20
valued at just over $4 billion USD. This would see the chain grow t=
o=20
20,000 retail locations, with roughly 20 logistics centers supporti=
ng=20
these stores.
The Company has met wi=
th=20
great success serving the rural areas of Hebei Province, (populatio=
n of=20
66 million). It is well-positioned to expand services from a simple=
=20
retail model to a multi-service franchise system that delivers fina=
ncial=20
services to meet the specific needs of local farmers. As it does so=
, it=20
will begin expanding geographically into key neighboring markets an=
d=20
targeted urban centers:
Beijing=20
(Second largest and capital city of PRC.=20
Population 15 million)
Tianjin=20
(Urban area is the third largest in China, after Shanghai and Bei=
jing.=20
Population: 10.4 million)
Shandong Province=
=20
(Population: 92 million)
Henan Province=20
(Population: 97 million)
Shanxi Province=20
(Population: 32 million)
Jiangsu Province=20
(Population: 70 million)
RETAIL STORES
From corporate stores to franchise model:
As the Company has continued to grow, it has developed expertise in=
=20
logistics, and has refocused corporate efforts to concentrate on th=
e=20
efficiencies generated through advanced, web-enabled systems and on=
the=20
supply side as well as the retail distribution processes.
In 2007, the Company moved forward from a corporate owned retail st=
ore=20
strategy to a franchise system. All 1,600 stores have been converte=
d to=20
franchises, and are now operated by franchisees. Aggressive expansi=
on of=20
the retail footprint will be made on this basis.
The franchise approach works incredibly efficiently. The Company ha=
s=20
developed advanced logistics and efficient stock inventory, sales=
=20
reporting and back end corporate software solutions, adopting many =
best=20
practices used by major retailers in the Western world.
The=20
rate at which the Company can establish new retail locations is=20
astonishing. Standard store sizes are 100 sq. meters per location.=
=20
Retail outlets are based on a standardized format for the Haorizi=
=20
convenience store banner. Store fixtures, computer systems, signage=
and=20
stocking is achieved in a matter of days, rather than months.
The chain will open nearly 600 new stores this year, and plans call=
for=20
an accelerated pace for the next five years that is staggering; rea=
ching=20
2,200 locations by the end of 2008
North American Oper=
ations
North=20
American operations will operate on an autonomous basis going forwa=
rd.=20
Management anticipates significant growth in top-line revenue going=
in=20
to 2008, as new operations such as Check 21 services and Forex Trad=
ing=20
begin to ramp up marketing and sales.
The Company has established strong branding under the Cash Now bann=
er,=20
and has a large network of websites under this and other names=20
generating traffic for it’s web-enabled services.
In 2007, the Company began a diversification program to leverage it=
s=20
core competencies into new markets. Efforts have been focused on=20
Internet delivered financial services to a consumer market. Key=20
attributes for this diversification in business opportunities that =
have=20
the following attributes:
Consumer facing
Financial Services related
Internet delivered
SMALL LOAN LENDING
The Company is a pione=
er in=20
the payday loan industry, and continues to develop the most=20
comprehensive menu of services in the cash advance industry. Operat=
ions=20
include licensing of a comprehensive suite of Internet-based payday=
loan=20
and check cashing software and private label back end office system=
s for=20
the sub prime market. The company’s proven business model comprises=
=20
operations in the U.S., Australian and Canadian markets.
Goodlife offers comple=
te=20
turnkey solutions for Internet delivered payday loans. The Company’=
s=20
products are licensed to third parties as standalone businesses. Re=
venue=20
is derived from the initial purchase of the software, and monthly=
=20
administrative fees, creating an ongoing revenue stream. These fees=
are=20
not royalties, and allow licensees to pursue aggressive growth with=
out=20
being weighed down by service fees that eat into their margins.
PAYDAY EXPRESS =
The perfect solution for a home based Internet payday loan business=
=20
without the expense of operating a retail storefront. PAYDAY EXPRES=
S=20
offers powerful and robust functionality and features, such as=20
reporting, exporting data, Trust Vault integration, electronic fund=
s=20
transfer (EFT) capabilities and a Credit Bureau interface feature. =
CHECK EXPRESS
This product builds on the feature set of the Payday Express, but a=
lso=20
includes the full functionality of Cash Now’s booking engine, which=
=20
provides the Company’s proprietary credit evaluation software and=
=20
services. It is designed to service payday loans as well as offerin=
g=20
check cashing services.
THE TRUST VAULT
Goodlife’s proprietary Trust Vault provides a secure online environ=
ment=20
in which sensitive financial information and transaction data can b=
e=20
held in a secure manner. Loan processing and consumer information i=
s=20
provided and transacted within this secure vault. It is designed to=
be=20
very consumer friendly and extremely simple to use.
"Check 21" (=
Check Clearing=20
for the 21st Century Act) is a U.S. federal law that became effecti=
ve on=20
October 28, 2004. It is designed to enable banks to handle more che=
cks=20
electronically, which should make check processing faster and more=
=20
efficient. Under Check 21, banks can capture a picture of the front=
and=20
back of the check along with the associated payment information and=
=20
transmit this information electronically.
The international chec=
k=20
clearing market represents huge potential for growth. While Check 2=
1 is=20
being increasingly adopted in the United States, it is quite a new=
=20
concept internationally. Checks drawn on a U.S. Account, for deposi=
t in=20
international markets often take 30-45 days to clear, and sometimes=
even=20
longer. Cash Now 21 reduces the clearance time to a mere 3 business=
days=20
or less.
For foreign markets such as Asia and South America that have signif=
icant=20
funds flow back and forth from the U.S., this becomes an invaluable=
=20
asset. We are intent on being first to market with as non-financial=
=20
institution to offer this service.
Initial rollout of services is slated for the Chinese markets. Ther=
e is=20
very significant latent demand for this service and we have receive=
d an=20
overwhelming response from preliminary discussions with Chinese ban=
ks=20
for our service. Most Chinese banks handle significant numbers of U=
.S.=20
denominated checks, whether payroll checks for U.S. citizens workin=
g in=20
China, or for export related payments to international destinations=
.
ADVANCED FOREX BY CASH=
NOW
Advanced Forex by Cash=
Now is=20
an introductory broker providing 24 hour access to a sophisticated=
=20
trading platform, directly linked to the Interbank clearing systems=
, for=20
active day traders. Heading the division is Peter Presland based at=
the=20
Company’s Florida office.
The Foreign Exchange market, also referred to as the "Forex&qu=
ot; or "FX"=20
market is the largest financial market in the world, with a daily=
=20
average turnover of US$1.9 trillion – 30 times larger than the comb=
ined=20
volume of all U.S. equity markets. "Foreign Exchange" is =
the=20
simultaneous buying of one currency and selling of another. Currenc=
ies=20
are traded in pairs, for example Euro/US Dollar (EUR/USD) or US=20
Dollar/Japanese Yen (USD/JPY). Industry estimates suggest that a fu=
ll=20
95% of trading is speculative, and not tied to international trade.=
Advanced Forex works on a revenue sharing agreement with Advanced=
=20
Markets. Traffic to the trading site will be driven by Cash Now whi=
ch=20
has a proven track record in this regard and create a client base o=
f=20
active traders. In addition, the large number of day traders who ha=
ve=20
been following developments in this area will now have access to th=
e=20
service.
The Company has plans to switch to a new service provider and begin=
to=20
diversify its Forex related services to include advanced charting a=
nd=20
trading analysis software, as well as introducing managed trading a=
nd=20
other value-added services in the upcoming quarters.
&=
nbsp;Company=20
Information
OTC.PK: &nbs=
p; GLCC
Recent Pr=
ice
$.0004
Market Ca=
pitalization
$440K=20
+/-
Est Float=
826.1M+/-
Outstandi=
ng Shares
1.4B+/-
Exchange
PK
Good Life China C=
orp.
B-603 Technology Fortune Center
No. 8 Xueyan Road
Beijing 100085
China
Transfer Agent
Heritage Trust
4 King Street West
Toronto, ONT M5H 1B6
CAN
http://www.goodlifechina.com
fied=20
International company active in China. Centered around a =
large=20
and rapidly growing chain of convenience stores serving r=
ural=20
markets.
Estimated Market Cap
$440,400 as of Feb 1=
1, 2009
Outstanding Shares
1,468,000,000 as of =
Dec 15,=20
2008
Authorized Shares
1,888,000,000 as of Dec 15, 2008
Number of Share Holders of Record
8,844 as of Se=
p 8,=20
2008
Float 826,=
144,000=20
as of Dec 15, 2008
SEC=20
Filings
Pink=20
Sheet Information Link
Current=20
Projects
Shuan=
ghui=20
Group Signs Up With Good Life China Corporation
GLCC)=
is=20
pleased to announce that the Shuanghui Group has become a sup=
ply=20
side member of Good Life’s online trading platform, and will =
be=20
using Good Life’s warehousing and shipping services to cover =
the=20
Shijiazhuang region. The Shuanghui Group (Shuanghui) is a lar=
ge=20
meat processing company with annual sales of over 20 billion =
RMB=20
(approximately $3 billion USD), and modern meat processing=20
facilities serving more than 200 sales branches in 31=20
municipalities, provinces and autonomous regions all over Chi=
na.
Good =
Life=20
China Extends Financial Services to Rural China
 =
;
Good =
Life=20
China Corporation has entered into strategic partnershi=
p with=20
both the Cangzhou Ciji Microfinance Company and Shijiazhuang =
Rural=20
Credit Cooperative.
Good Life is taking a major step forw=
ard in=20
expanding the portfolio of services offered to both consumers=
and=20
suppliers and significantly enhancing the power and capabilit=
ies=20
of its
www.huozhan.com online trading an=
d=20
distribution platform for retail and supplier members.=
S=
ector=20
Companies
Starbucks=
Coffee=20
produces and sells a range of ready-to-drink beverages. The=
=20
business segments of the Company are United States,=20
International and Global Consumer Products Group (CPG). The=
=20
United States and International segments include=20
Company-operated retail stores and certain components of=20
specialty operations. (NASD: SBUX) Recent Price $20
Ei=
nstein=20
Noah Restaurant Group, Inc., commenced operations as an ope=
rator=20
and franchisor of coffee cafes in 1993, is an owner/operato=
r,=20
franchisor and licensor of bagel specialty restaurants in t=
he=20
United States. As of January 2, 2008, the Company has 612=
=20
restaurants in 35 states plus the District of Columbia prim=
arily=20
under the Einstein Bros. Bagels (Einstein Bros.), Noah’s Ne=
w=20
York Bagels (Noah’s) and Manhattan Bagel Company (Manhattan=
=20
Bagel) brands. (NASD:BAGL)
Rece=
nt=20
Price $6.60
Company Manageme=
nt
Chairman & CEO: Dongmei Jia
2007 – Chairman & CEO Goo=
d Life
2006 – Present : President of=
Good=20
Life Group Ltd.
2002 – 2003: MBA of Tsinghua=
=20
University
1998 – 2006: Founder/ CEO/ Ch=
airman=20
of Hebei Cang Zhou Good Life Supermarket Ltd.
1988 – 1998: Founder/General =
Manager=20
of Feitian Decoration Ltd.
GOOD LIFE CHINA DIVISION
Vice President, E-Commerce
Wenpeng GUI
2005 – Present: Vice=20
President/E-commerce Manager of Hebei Good Life Busin=
ess=20
Ltd.
2001 – 2005: COO of Beijing J=
un He=20
Online Technology Ltd.
1998 – 2000: Operation Manage=
r of=20
Beijing Zhong Gong Information Technology Ltd.
1997 – 1998: Development Mana=
ger of=20
Hua Cheng, Branch of The People’s Bank of China
Vice President, Logistics
Baoxin Yang
2007 – Present: Vice Presiden=
t=20
/Logistics manager of Good Life Group. Ltd
1981 – 2007: Vice President=
=20
/Purchasing manager of Beijing Chaoshifa Co.Ltd
1976 – 1980: Serve in the arm=
y
CFO
Guoying Zhang
2006 – present: CFO of Good L=
ife=20
Group. Ltd
2002 – 2006: Manager of Hebei=
=20
Hongxiang Certified Public Accountants Co. Ltd
2002 – 1994: Cost manager of=
=20
Shijiazhuang Interlining Factory
CTO
Ming Zen
Ph.D.&M.S. in computer Sc=
iences,=20
Beijing Univ.; B.S. in Computer Sciences, Zhejiang Un=
iv.
2001 – Present: CTO of Good L=
ife=20
Group. Ltd
2000 – 2001 Established inter=
net=20
construction materials purchasing platform
COO, Forex Trading Division
Peter Presland
Peter Presland has a long and proven track record in=20
developing companies from start-up to financial success=
. He=20
has over 35 years experience, covering the entire gamut=
of=20
sales and marketing to managing his own business=20
enterprises. Peter brings extensive knowledge of variou=
s=20
core business practices. Over the past several years he=
has=20
focused on Forex trading to develop and establish key=
=20
trading skills and strategies. He will be an asset in=
=20
furthering the Company’s success story.
Peter has a degree in Business Administration from Lond=
on,=20
England. He immigrated to the United States of America =
in=20
1969.
Garr Winters, SECRETARY
Garr has more than 30 years experience with bottom-l=
ine=20
responsibility situations, starting out as a remarkably=
=20
successful operator at Expo 67. In his long, successful=
=20
career, Garr served as a CEO to a sub prime penny stock=
=20
company and sits as a board member and advisor to many =
other=20
small cap and micro cap companies. Garr has been=20
instrumental in bringing various International deals to=
a=20
fruition to the companies where he sits as a board memb=
er=20
and most notably from Asian companies looking to enter =
USA=20
markets. In his career Garr has also built a domestic=
=20
manufacturing and import travel ware group, and took a=
=20
leadership role in international satellite sales &=
=20
marketing. He also developed adult vocational training=
=20
programs with the Ontario and Canadian governments. Gar=
r=20
thrives on being where the action is. His worldwide tra=
vels=20
and knowledge of many industries have created a network=
of=20
associates, putting him in a strong position to make th=
ings=20
happen and successfully complete any task
Sr Vp, Money Lending Busine=
ss=20
Division
Peter Tate
Peter Tate has superior customer contact experience,=
with=20
preference for business to business sales. He has exper=
ience=20
in the advertising marketing industries for the past 25=
=20
years. Peter possesses strong relationship building ski=
lls=20
and entrepreneurial drive. With exceptional presentatio=
n and=20
communication skills, the ability to organize, plan, re=
port=20
effectively, and master all aspects of company solution=
s and=20
products, Peter has become a great asset to the=20
organization. Peter brings extensive knowledge of vario=
us=20
core business practices to Good Life.
Network Operations, Web Development
Ron Mcari
Ron has over 20 years of experience in the computing fi=
eld=20
including extensive industry and academic experience. H=
e has=20
earned a BCOM from Ryerson University and has various=
=20
diplomas from business and E-Commerce. He has delivered=
=20
professional business solutions in mission critical=20
applications and backend data management. Ron is respon=
sible=20
for the entire Technical Department and is deeply invol=
ved=20
in the maintenance and management of the entire IT stru=
cture=20
for the Good Life group of companies.
N=
ews Headlines
/C=20
O R R E C T I O N from Source — Good Life China Corporatio=
n/ =20
PR Newswire (Sun 4:37am)
Good Life China Corporation (GLCC) and Taiwan Sundapost Com=
pany=20
Negotiate Cooperation Agreement PR Newswire=
=20
(Fri, Feb 13)
Good Life China Corporation (GLCC) 2008 Preliminary Financi=
al=20
Performance $580 million Gross Retail Sales
PR Newswire (Thu 4:30pm)
Mon=20
Arc (MONA) Various Corporate Update And Multiple Dividend=
=20
Distributions (LDSR), (GLCC) and (RMDM )PR=20
Newswire (Fri, Feb 6)
Shuanghui Group Signs Up With Good Life China Corporation (=
GLCC:PK)
PR Newswire (Mon, Feb 2)
Good Life China (GLCC) Extends Financial Services to Rural =
China
PR Newswire (Thu, Jan 29)
Good Life China (GLCC) Featured on Chinese National Televis=
ion
PR Newswire (Tue, Jan 27)
Good Life China (GLCC) Acquires Entervision, LLC and majori=
ty=20
position in Innovation PR=20
Newswire (Mon, Jan 26)
Ministry of Commerce Meets With Good Life China (GLCC) =
PR=20
Newswire (Thu, Jan 22)
Good Life China (GLCC) Targets the Baked Goods Industry=
PR Newswire (Wed, Jan 14)
Good Life China (GLCC) Year End Revenues Up 400% =
PR=20
Newswire (Fri, Jan 9)
Good Life China Corporation (GLCC) $ 1.3 Million Shareholde=
rs=20
Distribution PR New=
swire=20
(Mon, Jan 5)
P=
ink Sheet=20
Research and Company Website
Learn More at The Company Website
http://www.goodlifechina.com
Company News & Information:
=20
Pink Sheets
D=
isclaimer=20
& Release of Liability
PLEASE NOTE: WillyWizard.com LLC and/or its affiliates are not=20
registered as Investment Advisors in any jurisdiction whatsoever.
Release of Liability: Through use of Wi=
llyWizard.com’s email=20
services and website you agree to hold WillyWizard.com, its operators=
,=20
owners, and employees harmless and completely release them from any a=
nd=20
all liability due to any and all loss (monetary or otherwise), damage=
=20
(monetary or otherwise), or injury (monetary or otherwise) that you m=
ay=20
incur. The information contained herein is based on sources which we=
=20
believe to be reliable but is not guaranteed by us as being accurate =
and=20
does not purport to be a complete statement or summary of the availab=
le=20
data. The owner, publisher, editor and their associates are not=20
responsible for errors and omissions. WillyWizard.com and/or its=20
affiliates may from time to time have positions in the securities=20
mentioned herein, may increase or decrease such positions without not=
ice,=20
and may profit from such transactions. The Publisher does not own any=20
GLCC shares=20
at this time. The hiring =
party may have shares=20
and may liquidate, which may affect the stock’s price. Any opinions=
=20
expressed are subject to change without notice. WillyWizard.com encou=
rages=20
readers and investors to supplement the information in these reports =
with=20
independent research and other professional advice.
Please read our full disclaimer at =20
http://www.willywizard.com
=09=09=09=09
=09=09=09=09Sec=
tion=20
17 of the Securities Act of 1933, which covers Fraudulent I=
nterstate=20
Transactions, and specifically 17-(b) which reads as follow=
s:
=09=09=09=09
=09=09=09=09&qu=
ot;Use=20
of interstate commerce for purpose of offering for sale. It=
shall=20
be unlawful for any person, by the use of any means or inst=
ruments=20
of transportation or communication in interstate commerce o=
r by=20
the use of the mails, to publish, give publicity to, or cir=
culate=20
any notice, circular, advertisement, newspaper, article, le=
tter,=20
investment service, or communication which, though not purp=
osing=20
to offer a security for sale, describes such security for a=
consideration=20
received or to be received, directly or indirectly, from an=
issuer,=20
underwriter, or dealer, without fully disclosing the receip=
t,=20
whether past or prospective, of such consideration and the =
amount=20
thereof"
=20
The Publi=
sher has=20
been compensated one thousand dollars by Oceanin for a one week =20
(02/12 =96=20
02/18) GLCC image=20
marketing advertisement at WillyWizard.com.
=20
The Publi=
sher was=20
previously=20
compensated one thousand dollars by Oceaninc for a one week GLCC =
;image=20
marketing advertisement at WillyWizard.com.
=A92000-2009 WillyWizard.com LLC
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