I don't know how badeye123 became a shareholder in P1. Anyway, it is his business.
But here is a fact of history delivered to you from behind (what you call a 'veil of anonymity') to you behind your veil of anonymity.
The fact is this. There are around 877 P1 shareholders who got their P1 shares through a financial agreement between GCN and P1.
In case you are not aware of it, here is an extract from GCN's announcement to ASX of 24 Oct 2011. It was sent to ASX under the joint letterheads of P1 and GCN.
"Directors of GoConnect Ltd ("GCN") and Priority One Network Group Ltd ("Priority One") are pleased to advise that there are a total of 877 GCN shareholders who have qualified for Priority One share distribution.... Priority One will proceed to distribute 135 million shares directly to GCN shareholders during November 2011."
I am wondering whether these registered P1 shareholders are hearing anything from the directors of P1. Badeye123 tells us he is not. If the 877 are not, and if they are being counted as non-shareholders by the current directors, then I guess ASIC will turn nasty.
Can you throw any light on what is going on? The fact that P1 is a private company would be irrelevant to ASIC.
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