angry ?, page-11

the valuation just out is based on an extremely low take up rate of less than 1% in fact 0.3% and then they discounted it by another 20%

now if they got that take up they would be very disappointed indeed.

so the valuation is veeerrryy conservative.

now that means even valuing GCN at 30 cnets is veeerryy conservative

now what's next

I expect the cornerstone investor to put in their money very soon, they were probably only waiting for the valuation to confirm DD

this will add further weight to the 30 cent valuation on P1 and GCN

I would not be surprised to see a rather significant addition to the China connection soon,

they obviously will need a payment gateway to service China,
this could be significant given the numbers there

please note that the valuation DID NOT include numbers from China, this could blow this valuation out of the water

this valuation was pretty much to confirm that the 30 cents is well and truly covered to allow the listing process.

it was extremely conservative

I do expect 20 cents plus soonish, as I predicted,

in fact when we see more details of the China connection that figure could be extremely conservative as well.

6 cents is just the start in my view

imagine basing this on just a 0.3% take up, and no China numbers,

do you see the scope of this here.