I'll bet the ASX asks questions. Selling GoGreen shares is evidently the only business of GCN - except for (aptly named) virtual reality pipe dreams.
So where is the money?
Note the excruciating *rse covering by the auditors, who did not do an audit! They did another review. Will this satisfy ASX? I doubt it. So shareholders are still not able to sell their shares.
We have reviewed the accompanying half-year financial report of GoConnect Limited.
A review of a half-year financial report consists of making enquiries, primarily of persons responsible for financial
and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the half-year financial report of GoConnect Limited is not in accordance with the Corporations Act 2001.
In other words GoConnect did not have to show the auditors the money. So is there any money? Who knows?
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