the running of the bulls on the asx, page-63

Put it this way

P1 buys a 51% in NZ:INS. NZ:INS is a company that is making 4 million loss a year, audited financials deemed the company will not continue of a going concern.

P1 is obligated to pay $200k in cash before the deal with NZ:INS starts.

P1 has bought a large shareholding in Ezybonds UK. A company that has also just realeased financials - making a loss, delays in receiving commissions from some mastercard deal.

GCN fails to meet agreed timeline of listing P1. Additionally still nothing on bollywood info, Joy 94.9fm partnership, WIFI??? IPTV??

GCN gets 50% of all revenue from P1. My guess from the above that even if P1 does list at 30c its not going to benefit GCN. So P1 has no effect on GCN.

So DYOR, Its going to take alot for GCN/P1 to become profitable. But i am sure there will be more hype and therefore i will be able to get ready the rest of my holdings.

Now i await the thousand down ramping comments i am going to get..