p1 domain name, page-10

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    tradezy

    Putting together what you and JCD say, I don't remember that we were told how much money had actually been raised by the previous P1 prospectus - if any. If the money hadn't been handed back then I am sure there would have been a court case brought by ASIC and/or the subscribers to new shares. So I think things were ridgy-didge on that score.

    As for how the money raised was to be used, my memory is that it was to be put into a series of diverse companies that seemed to have no obvious merits.

    Mind you, those days seem a model of commonsense compared with the silliness currently shown on what purports to be P1's Facebook page.

    https://www.facebook.com/PriorityOneNetworkTV?ref=stream

    I see that a comment by a Ben Wright on 17th Jan - asking about the status of shares held by GCN's shareholders - got an evasive (in fact a non) answer.

    On a related matter, presumably Richard Li will inform us in the forthcoming quarterly about the current status of GCN's business relationship with P1.
 
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