fascinating pdfs

There are three fascinating PowerPoint presentations on GCN's server.

PDF#1 www.goconnect.com.au/corporate/pdf2/GC_VAL_13NOV.pdf

PDF#2 www.goconnect.com.au/corporate/pdf/gcn-221013.pdf

PDF#3 www.goconnect.com.au/corporate/pdf/uctv_fm_powerpoint.pdf

the presentations contain stunning claims of estimated audience in, and revenue from, China. For example:

"For conservatism, however, we have discounted these numbers by 90% and conclude that GoConnect should carry a value range of between A53 cents and A$6.82 per share currently."

"The total audience of uctv.fm's JJ5 programs inside and outside of China is estimated to exceed 1 billion people in 2014."

Only PDF#2 has been released to ASX (23rd October), but with one critical omission - a whole page of explicit self-evaluation of its shares. The page omitted from the ASX announcement include the timid sentence: "For conservatism, however, we have discounted these numbers by 90% and conclude that GoConnect should carry a value range of between A53 cents and A$6.82 per share currently."

I found PDF#1 somewhat confusing, but wearing his SIS hat Richard Li's bottom line is more optimistic. The lower bound of value is given as $1.075.

Well, what is a discrepancy of $0.545 between friends!

I suppose we must now prepare for a takeover bid, with GCN's shareprice yesterday closing at $0.012. But IMO, this is a case of pigs might fly.