Ann: Application for quotation of securities - NOR, page-58

As per your request. I'd be very interested in your feedback or anyone else's



As per my opinion of PO... I admire his audacity and ability to continue to "sell" the dream, over and over and raise capital.

The NOR HC threads are fascinating as they provide wave after wave of those who are buying the dream... over and over. Every time NOR releases a new product, or pivots away from an old product, we seemingly have a new wave of optimism.

NOR's schtick is the same as many tech start-ups: find/create a large TAM (total addressable market) and then do the numbers on scaling up as the first captures each pip.

In my experience, many tech companies get 1 swing. NOR has managed many swings... and missed every time.

NOR does not have the capital to succeed and they never have had it. They raised $8m about 6 months after their RTO... and blew it all on "marketing".

I would pit my knowledge on NOR against anyone here. It is nothing personal; it is only a thought and social experiment which has carried on much longer than I ever envisaged.

All IMO and all ON TOPIC (industry, company, tech, CEO)