NOR 4.26% 4.5¢ norwood systems limited

Ann: Company Update and Quarterly Reporting-NOR.AX, page-267

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    Not sure anyone in the company have said that is the case, people are guessing that might not be the case. Having worked for multinationals and large organizations for years, the wheels turn slowly, we could be looking at years of them humming and hawing about a white label/partnership deal!

    Even if a deal is signed the actual process of getting it up and running and revenues coming in (Big organisation are very slow to pay, 90 days + on average), could be another 6 months to a year from signing so won't solve the short term revenue issue!
 
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