GCN Prelim. Fin. Report - pure comedy gold as usual....$3.25...

  1. 1,457 Posts.
    GCN Prelim. Fin. Report - pure comedy gold as usual....

    $3.25 mil. loss = accumulated losses of $44.23 mil. ...lol

    Wages of $2.2 mil.

    Trade and payables owing $3.2 mil.
    So Total Current & Non-Current Liabilities = $4.7 mil.

    Claim Intangible Assets (Goodwill) = $4.5 mil.... Yeah right! ASIC has already asked them to write it off....
    Current assets = only $276k ...

    How on earth do they survive?...

    But they do have commission from wifi adds!!
 
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