Laser TV Company Forced To Sell Assets To Sydney Uni for $1

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ASX-listed Arasor International, the company that 3 years ago told the world that it was set to launch Laser TV in partnership with Mitsubishi, is today offloading a broadband asset to Sydney University for $1 in an effort to reduce the company’s ‘burn rate’. It has also failed to lodge any financial reports for the last financial year.

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