Ann: December 2018 Transactional Revenue Update, page-8

I can't seem to find the information about the $3m cost of the restricted banking licence - or whether they just had to hold $3m in cash?

Think it might have been in an interview with Peter Cook a few months ago from memory?

Again from memory, I think the full banking licence requires cash in bank of $50m - but be great if someone can clarify this?

Either way, NOV is growing revenues fast (think it will be $8m + this year), it has approximately $4.0m in the bank / no debt, it is now close to cash flow break even, and it is hopefully well on its way to getting a restricted bank licence.

And all of their announcements / investor updates are professional, easy to read etc

There is a lot to like about this company.