Mina Mar Marketing – Blog & Announcements

BEIJING, China, Dec 31, 2009 /PRNewswire-FirstCall via COMTEX/ — Acquires China assets from GOIG and rescinds previous Dividend Payouts

MonArc Corporation (MONA.PK; www.monacorporation.com) announces the acquisition of China based assets on a stock basis (1.5 billion shares) from GoIP Global (index symbol: GOIG).

MonArc Corporation has been in the process of evaluating a strong and strategically balanced partner for their plans to successfully raise the shareholder value and secure a solid future growth for the company. MonArc growth came in the form of previous China acquisitions. The company’s previous China acquisitions were not received well by its wide shareholder base, only to show great growth after the sale. The company intends to return to its roots of doing business primarily in China.

In these efforts, MonArc Corporation announces that it had acquired a portion of GoIP Global (GOIG; http://www.goigcorp.com), namely its Belize SPC (Special Purpose Company) namely only the China based assets.

The Belize SPC consists of Wuhan Media and Yezhifeng Media. Wuhan Media operates the China based Wang Mai Mai English educational publishing and English Educational Portal in China, one of the top educational publishers for the students of English in China. Yezhifeng Media operates three successful commercial design studios.

In other company news, MonArc’s management intends to shortly name new management rescind all dividend payments scheduled and to assume the outsourced investor relations duties in-house, from its current IR company. The management of MonArc Corporation believes that these successful companies and these actions taken will bring a competitive edge to MONA and ensure a future growth for the company and its shareholders, as both companies are well established on the Chinese market and show a definite promise for the future.