Wots happening at GCN, page-9

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darcy7

322 Posts.

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27/07/14

13:24

Post #: 13720921
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Originally posted by jefferies2 ↑

I don't understand why, if GCN was short on the rent, Richard Li of GCN would not go to Richard Li of SIS. He could ask for some of the $900,000 line of credit SIS has made available to GCN.

After all, in their quarterlies GCN has for many months reported this line of credit as part of the reason for their solvency.

One other observation. SIS shares the Prahran premises with GCN. Is Richard Li of SIS also locked out?

All very strange, and if GCN doesn't tell the ASX tomorrow that it has been locked out then I shall have to assume it is an untrue report.

Now I must remove my tongue from my cheek.

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JEFFERIES2

Have you forgotten the claim before the Courts,the hearing is on the 22ndAugust, SIS must prove Solvency,Re Court Hearing on the 16th July

GCN Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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Wots happening at GCN, page-9

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