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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
GOOLU INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
38259N
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(CUSIP Number)
Arthur Cheng, 1000 - 355 Burrard Street, Vancouver, British Columbia,
Canada V6C 2G8
Telephone (604) 608-0229
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
September 15, 2000
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(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and
is filing this schedule because of Rule 13d-1(b)(3) or (4), check the
following box [ ].
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CUSIP No. 38259N
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1) Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons
Neng-Tse Shih
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2) Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ X ]
3) SEC Use Only
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4) Source of Funds PF
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5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
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6) Citizenship or Place of Organization Taiwanese
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Number of (7) Sole Voting Power 50,000
Shares Bene- -----------------
ficially (8) Shared Voting Power
Owned by ----------------
Each Reporting (9) Sole Dispositive Power 50,000
Person ------------
With (10) Shared Dispositive Power
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11) Aggregate Amount Beneficially Owned by Each Reporting Person
50,000
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12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares
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13) Percent of Class Represented by Amount in Row (11) 9.97%
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14) Type of Reporting Person IN
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Page 2 of 5 Pages
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ITEM 1. SECURITY AND ISSUER.
This statement relates to the shares of common stock, with no par
value, of Goolu Inc. ("Goolu"), a Colorado corporation having a
principal executive office at 1000 - 355 Burrard Street, Vancouver,
British Columbia, Canada V6C 2G8.
ITEM 2. IDENTITY AND BACKGROUND.
This statement is filed on behalf of Neng-Tse Shih, a businessman
having an address at 3F, #51-1, Jih-Nan Rd., Sec. 2, Taipei 104,
Taiwan. Neng-Tse Shih is a citizen of Taiwan.
During the last five years, Neng-Tse Shih has not been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanours), nor has he been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a
result of such proceeding were or are subject to a judgement, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, Federal or State securities laws or finding any
violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Neng-Tse Shih used his personal capital to purchase shares of Goolu.
ITEM 4. PURPOSE OF TRANSACTION.
Neng-Tse Shih acquired his shares of Goolu for investment purposes.
Neng-Tse Shih does not have any plans or proposals which relate to or
may result in any of the matters listed in Items 4(a)-(j) of Schedule
13D under the Exchange Act. Neng-Tse Shih reserves the right to acquire
additional securities of Goolu, to dispose of such securities at any
time or to formulate other purposes, plans or proposals regarding Goolu
or any of its securities, to the extent deemed advisable in light of
their general investment and trading policies, market conditions or
other factors.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
On or about July 18, 2000, Neng-Tse Shih acquired 50,000, or
approximately 9.97%, of the common shares of Goolu (the "Shares") at a
price per share of approximately $0.37 pursuant to a stock purchase
agreement (the "Agreement") dated effective June 20, 2000 between
Global Online Ltd. and Estey Agencies Ltd. and certain persons, which
Agreement is filed as Exhibit 1 to this Schedule 13D and incorporated
herein by reference. Neng-Tse Shih is the beneficial owner and has
sole voting and dispositive power over the Shares.
Page 3 of 5 Pages
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
As of the date hereof, there exist no agreements or understandings
between Neng-Tse Shih on the one hand and any other persons or entities
on the other hand that would cause Neng-Tse Shih and such persons or
entities to be a "group" within the meaning of section 13(d)(3) of the
Exchange Act.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit Number Description
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1 Stock Purchase Agreement dated effective
June 20, 2000.
Page 4 of 5 Pages
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SIGNATURE
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After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
September 15, 2000
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(Date)
By: /s/ Neng-Tse Shih
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(Signature)
Neng-Tse Shih
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(Name and Title)
Page 5 of 5 Pages
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EXHIBIT INDEX
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Exhibit Number Description
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1 Stock Purchase Agreement dated effective
June 20, 2000.
