Look the shares worked like this
P1 needed GCN's IPTV and technology,
a deal was worked out and that was the payment Richard Li worked out
instead of paying these shares to the company they decided to distribute them to shareholders
the added benefit to P1 is that it satisfied the shareholder spread for listing
why didn't they raise money
they are, they will get money from an investor and you will see that very soon.,
no stock held?? well you had all this explained to you many times,
too late???
well it is a long way from 30 cents and that was based on a take up rate of 0.3% and another 20% discount and NO numbers from China
good luck with your holdings
sorry you don't have any.
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