NOR 0.00% 3.2¢ norwood systems limited

Cash burn rate, page-96

  1. 31 Posts.
    Enough of the banter guys and girls

    according to this: http://norwoodsystems.com/investor/

    their figures show:

    8 Months Running the product
    4,000,000 Downloads
    $700,000 In app purchases

    So fast forward 4 months from this report.

    if we work this out as a WORST case scenario it should be as follows.

    12 Months Running the product
    6,000,000 Downloads
    $1,200,000 In app purchases

    BEST Case scenario.

    12 Months Running the product
    8,500,000 Downloads
    $1,650,000 In app purchases

    -----

    If DECEMBER 2016

    20 Months Running the product
    18,000,000 Downloads
    $5,000,000 In app purchases


    ^^^ hopefully this is 10x this... Im not sure more money more marketing... more customers?
 
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