Priority One Network Listing

I have just received a Shareholder update from Priority One;

Dear Valued Shareholder,

The Priority One (P1) story is now reaching a new and exciting phase in its life.

The Directors of Priority One have formally confirmed and are taking steps to ensure Priority One will have a compliance listing on the ASX using the Existing Company Structure of Priority One Network Group Limited.

The approximate timing for the listing process will be:-

AGM on January 14th 2015,
Completion of the Prospectus by the end of 2015,
Gardens Lawyers are engaged to facilitate the finalisation of the Prospectus and Lodgement with ASIC and ASX,
Lodge the Prospectus with ASIC by end of January or early February 2015,
Receive ASX Listing authority and List in early March 2015.

On an operational note, there have been a number of new acquisitions in recent. On this that have strengthened the company's balance sheet as well as leading P1's belief and capabilities of achieving stronger commercial earnings.

In summary, the commercial focus of P1 in the coming months will be directed towards China e-commerce market through our relationship with Double Eagle, our Sri Lankan contract with Airtel, plus the development of our on line digital platform distribution and web site businesses.

PON expects to be generating revenues by the end of February 2015.

I look forward to seeing you at the AGM in January 2015.

Yours faithfully,

Phillip Pryor
CEO/Director

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So by the looks of things, the adventure starts again!!
Another thing to note is, they are looking to immediately do a share consolidation, to reduce the current 2.288m shares on issue to 915m in total.

Should be an interesting AGM?