NOR 2.86% 3.6¢ norwood systems limited

World wifi beta tester, page-50

  1. 3,018 Posts.
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    Respect and totally understand your comments gyro. I have been involved with a few start up companies over the years as well as managing large corporations. The big guys look for tried and tested, and proven products. The smaller guys of industry are the ones prepared to give a new tech or product a go because the price is within their purchasing purview.

    The big corporate guys do tend to notice when industry awards are being handed out though; which NOR has..they have a tendency to also look at those companies that are winning and receiving government support for R&D projects; NOR has twice, but..... they will sometimes wait until a product is through its beta testing phase before signing on. NOR still has to complete this.

    Now this is where your SOPH investors may step up to the plate in this phase of a company's growth..recognizing the product potential. When a big boy puts multi millions on the table for a product be assured it is not simply buying a handburger...they will go through research..acquisitions...mid-management approach..senior management meetings, and finally signed off by the CEO/Board.

    There is an order with these things and it takes time.

    Cheers eh!
 
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