Hi Guys,
Extremely hard to find any info on the company or players in this announcement.
Did come across these couple of links though
http://domainbigdata.com/name/npbb group llc
Damain name registered for NPBB Group back in March 2016
and this one registered yesterday
http://domainbigdata.com/toomaitv2u.com
Looks like a start up piggybacking on the the back of our little start up venture to me. I'm going to try and keep my assessment completely objective at this stage though. The good thing is that they did bring some funds to the party ($1M).
I'm a bit disappointing that I couldn't find any info on Mr. Prosper Nyetam, but relieved at the same time that he doesn't have a long line of disasters trailing along behind him.
In my limited research to date, Botswana Telecom seems to keep coming up for some reason when i search for Toomai (other than the Jungle book references) and it seems there is quite a bit of money to made there. In Botswana, they have upgraded their telecommunications network and are profiting in the hundreds of millions of dollars range per annum (while competing still with the mobile networks).
There is another wait associated with this contract (but we're used to that) and in the mean time our coffers will be getting topped up by Divan and K2U
Thanks to Nick and the team for the professional update that came later in the day too.
I'm happy to hold on this news (still in the red). There could be some significant dollars in this deal. Risk Vs Reward, you guys all know the caper
RD
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