what is gcn worth, page-8

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    What about the article in Fridays paper. Goconnect in tax fight.The tax office has lodged an application to wind up internet service provider Goconnect Australia over unpaid tax bills of about $180,000.Goconnect Australia Pty Ltd is a fully owned subsidiary of listed company Goconnect Limited. The application was lodged in the Federal Court in Melbourne in July and is due to be heard in early October.However chairman Richard Li told BuisnessDay he expects the matter to be resolved within weeks.Yes we did have a disagreement with the [Tax Office]which has now been resolved and as far as the application is concerned this is being resolved and we expect the [Tax Office] to withdraw the application in the next two weeks he said. l thought they had never made a profit so why would they be paying tax
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