GLCC Hoarizi recently changed its model from a franchise one to a system licensing and ecommerce model. This infrastructure and fundamental change in GLCC Hoarizi division sidelined the operating subsidiary with its ability to provide timely updates. Ultimately the entire Hoarizi board members resigned from the GLCC board. Notwithstanding, Hoarizi continues to be part of the GLCC and is an integral part of its asset base. Hoarizi continues with "business as usual" and is pleased to report that the reorganization has completed successfully. For example, Hoarizi recently completed a cooperating agreement with "The Diao Brand Company". The company
As the new management of GLCC explores various merger and split off proposals with other
The Company anticipates making additional announcements re: major sales, contracts, including a large targeted retail merger candidate in the coming weeks.
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SOURCE Good Life China Corporation