re: sms to provide revenue- stockdoctor earlier comment from ozequities..
Comment by Ozequities
*GoConnect cracks the China market ..
GoConnect is up .9c to 8c on 2.2m shares with parent Sino Securities up 38c
to $2.28 on nominal turnover after yesterday's impressive announcement of a
technology licensing agreement for subsidiary GoTrek which means The Lucky
Channel will be broadcast nationally within the PRC over analogue TV via
satellite, digital TV via cable, Internet TV via GoTrek and mobile TV via
m-vision. The Lucky Channel has the exclusive right to deliver lottery and
keno results, interactive game shows and sports content nationally. The
agreement between Horizon and GoTrek is based on revenue sharing, which
could be worth $1 per share to GCN, in time.
Meanwhile, the India deal is believed to be in pilot trials and an
announcement that it is going live with Mumbai film footage and other
material could be imminent.
And this has been posted here as well
Intro to DJ Carmichael Research Report
IF GCN secured the golden goose ? what is GCN ??
And that is My obsevation.... motorway..
DJ CARMICHAEL.... My ******* added !!!
CARMICHAEL
RESEARCH
SINO SECURITIES INTERNATIONAL
INITIATING COVERAGE
Sino Securities (SSI) has prioritised its investment focus to become one of the leading
gaming companies in the Peoples Republic of China (PRC), an opportunity that was
**************borne from its 52% investment in GoConnect (GCN), a telecommunications company.*************
In 2004 the technology housed by GCN attracted the interest of China Entertainment
Holdings Ltd (CEH) a company that holds gaming permits in PRC, a highly regulated
market. In May 05, SSI entered into an agreement with Best Winning Investment Ltd
(Best Winning) to acquire 100% of its wholly owned subsidiary, CEH through a
prospective placement, which in turn gave SSI a foothold in the lottery and keno
agency business in the PRC. We believe this investment places SSI at the forefront of
becoming a major player in the China gaming industry.
CEH is expecting to roll out 750 gaming permits across Shanghai over the next six
months, with Keno expected to be officially launched in PRC by end July 05. Welfare
lotteries (government agency), which represent approximately 60% of PRC’s total
lottery sales, grew 13% from 2003 to 2004, generating revenues in excess of RMB22bn
(A$3.58bn). Therefore with over 33m people in Shanghai city alone we believe Keno is
likely to significantly boost the revenue generated from the gaming industry in PRC.
SSI shareholder update and info pack should give us a lot more...........In the meantime get a copy of this research report........
HC members should be very very aware of GCN / SSI
HOW long has SSI been listed ? Has it shown it can do ?
How has it's capital base changed since 1987 ??
Must have been doing something very very right ??
My view and opinion
motorway
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