GCN have around $1mill cash and latest ANN derisks GCN if anything
The Metro Netbay Free WiFi media platform is expected to provide a strong contribution to GoConnect’s revenue mix in the current half year. With lower overheads from recent restructuring and new revenue to be generated in the near term, GoConnect is now in the best position to become cash flow positive and profitable in the coming months. (BOLD CLAIM AND GREAT NEWS)
We will be publishing another list of advertisers in coming days, prior to the Metro Netbay Free WiFi launch. (MORE GOOD/GREAT NEWS THIS WEEK?,HOPEFULLY ANOTHER BIG NAME IN THERE)
GoConnect has secured the first group of advertisers who have agreed to join the March 2012 launch of the Metro Netbay Free WiFi media platform:
(LAUNCH STILL LOOKING GOOD FOR MARCH AND NO FURTHER DELAYS)
In addition to the above, a number of other advertisers will also be joining the launch and are finalising their bookings with GoConnect either directly or through their agencies.
(MORE ADVERTISERS ARE JOINING ,NOT MIGHT BE JOINING)
Sounds riskier now than last week??? definately not IMO
DYOR and this includes ringing the company or emailing them
relying on forums for advice is a bad idea on this one when you have people deliberately trying to sabotage it for personal reasons (forums are for others opinions only)
GCN Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held