NOR 4.26% 4.5¢ norwood systems limited

General Comments, page-2295

  1. 7,323 Posts.
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    "It is a + Q imo"

    I wish you were my university professor.

    "Short term future secured with Avicena Systems $ coming in..."
    Agreed. PO's government-funded side gig is supporting his government-funded main gig.

    "Metaswitch likely to be locked this current Q"
    You are channeling PO here; NOR have said this every quarter for more than a year. Meanwhile, Metaswitch have implemented their own VM solution... without NOR.

    "Spark $ ramping up in 2021"
    Based on falling revenues in Dec Q, I am skeptical. NOR is in line to receive a commish based on downloads exceeding a minimum quantity. Whatever that means. But the dreams of riches via shared revenue is dead. As is the business model. At its first outing.

    "Obv NORs position is precarious"
    Agreed. $50k in the bank; new loan; government handouts; future CR flagged; NOR's only new business coming from a related 3rd party. It will easily see out this Q. But then what?

    "but slowly increasing its footing"
    Is that you Doz?

    "PO continuing to scrap and fight like Marciano in his prime"
    PO continuing to pull a big salary whilst achieving very little: falling revenues, falling costs. This is a business in decline.

    All imo.
 
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