Ann: Appendix 4C - quarterly, page-3

"Technical difficulties" mean that there has been none of the promised revenue from Go FreePP.

So overall there has been no revenue whatsoever in the last four quarters - an extraordinary failure of achievement.

These problems make me wonder whether technical difficulties, before the next Quarterly, will also mean no revenue from GCN's abruptly substituted plaything - Go Zhongshe and its table grapes.

I had rashly assumed that results from Go FreePP might offer me a reason to buy back into GCN. No way, Jose.

The directors boldly put forward their holding of Priority One shares as a reason why GCN will stay afloat. This seems to me to show questionable financial judgement. But then who am I to contest the judgement of a company whose website today tells us that "GoConnect is the largest independent music and digital media company in Australia and is supported by its own IPTV network, uctv.fm." If they have succeeded so well with the media then they can surely succeed with table grapes.

Returning to reality, we read that the GCN directors are "pleased to present" this Quarterly. Should they have written "ashamed to present"?