NOR 2.08% 4.7¢ norwood systems limited

Ann: World Phone Annualised Revenue Increases and Team Additions, page-40

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    1. Revenues increased to $600,000 /year run rate after just 3 months

    2. Revenues to increase further 5x after android release

    3. Revenues do not include booking.com which IMO can be a huge bonus for NOR, especially earning a commission for each booking done through the world phone app

    4. If you book through booking.com you also receive an extra 15 mins worth of free calls

    5. Further initiatives such as free app to app calling will further increase exposure

    6. Expert team such as an ex-general manager telstra business and blackberry VP, they would not join NOR if they didn't see potential

    7. Cash flow positive by end of year IMO and sky is the limit to how far this can run
 
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