NOR 0.00% 3.8¢ norwood systems limited

Ann: Results of Meeting, page-64

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  1. 7,323 Posts.
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    "Patently false. They have provided updates in every Q since announced. Read the updates under 'Telco Vendors"."

    I did. My point is Metaswitch have only been named once; in an ASX Query. Since then, they are referred to by name in 2*AGM pressos with a nod to previous announcements.

    Here is the last Q. There is no "Telco Vendors" section. In fact, the word "vendor" is not even used in the entire Q. Metaswitch was not named. However, as you can see from the graphic, Metaswitch is named in the AGM, as it was the previous year.

    Why does NOR only name in the AGM and not in each Q? Does it not want to highlight this important name each Q? And there is your answer... should you wish to read between the lines.

    https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4

    Screenshot 2020-12-03 102019.jpg

    Not a good start.

    "My understanding is the "65M" project (actually 100m) you are referring to has only been planned. i.e. nothing has been installed.... mayb pushed back due to Covid "

    WRONG on multiple counts. Listen to the interview again. Here, I will give some specific time-stamps to help you out.

    2:10 More than 100m fixed and mobile subscribers. 65m mobile subscribers with expansion plans for 90m
    4:05. "So how did we do it". As in... it is done. They are currently migrating users across to the new system.
    https://www.metaswitch.com/products/mobile-voicemail

    So now I have clearly established that the project exists, you can see why there has not been an Ann by NOR... because... they are not involved. Any fanciful notions of secret squirrel projects etc without contracts is purely that... fanciful.

    "No.... from ASX ann: "if there is a change to the negotiations such that Norwood no longer considers that these partnerships will be formalised, Norwood will immediately update the market.""

    And yet, I have clearly demonstrated that one of NOR's prospective partners HAS IMPLEMENTED a visual voicemail system WITHOUT NOR.

    Metaswitch are clearly offering an alternative to NOR; Metaswitch has gone from prospective partner to dominant and ruthless competitor.

    No doubt the MOU with Vietnam Post is still afoot/on foot too.

    Sliced. And diced.

    All imo... except for all the factual bits such as quotes, links and graphics.
 
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