GCN 0.00% 0.7¢ goconnect limited

i am somewhat amazed.........., page-8

  1. 6,082 Posts.
    lightbulb Created with Sketch. 1959
    You wont need to wait ...the revenue figures are pathetic ... and any person ( even with a high appetite for risk ) ... can only come to the conclusion that most of this organisations assumptions on revenue generation have been flawed.

    eg Free ISP - failed
    Pay ISP - hardly any subscribers - failed
    Exciting 5 year old technology --- very doubtfull
    Track record of ever generating real reveue - poor

    Regarding SSI - SSI is basically Mr Richard Li . There is no organisation of any significance . SSI were promotors of about 3 Chinese based stocks ( all with huge future earnings assumtions ) - all failed - many investors lost money.

    So forget the business GCN or SSI are in --- there is a consistant track record of Failed ventures that have either been promoted or supported by SSI .

    Anyone considering the potential revenue numbers that GCN claim as possible , should ask them selves "what is the liklihood of this happening" ---- I think you will find the answer to be "very unlikely" .

    Regading management - where are the promoted GCN executives ? ( all queries to Mr Li ) - probably wondering where their next pay is comming from - if they are still there.

    To the believers out there -- you are only maintaining a market for some of the 300 million odd shares ..that in the real world might be worth .1 cent a piece
 
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Currently unlisted public company.

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