GCN 0.00% 0.7¢ goconnect limited

german interest, page-30

  1. 6,082 Posts.
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    the germans are cumming run Astute german investors are picking up bundles of a little know company called Go Connect .... Go Connect's main asset is a cutting edge technology that is about 5 years old now ...(we're not sure how sharp the cutting edge actually is ) ...that actually lets you watch short snippets of TV on a phone screen ( about 40 mm across ) .

    The company is capitalised at around 30 million dollars and has cash reserves of about $100,000 ( about enough to pay the rent on thier office for a year ...not sure about staff salaries ) ....and has blown approximately 10 million dollars of shareholder funds so far ....surprisingly very little of this has gone int R&D , but in advertising and giving people free internet access.

    The huge upside for GCN lies in the hope that people will prefer to watch TV on mobile phones ..rather than on a 50 cm screen ........ all sounds a bit German to me ....
 
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