age nexbis article, page-6

1. If the TPID part of the deal is as weak as indicated, ... where on earth is NBS getting the cash from?

2. Not much has been made in this forum of the fact that NBS reports receivables down by $20m or thereabouts & $10m cash received. Based on my arithmetic its a bit of a stretch that the other $10m can be put to FX movements. Is ASX happy with disclosure of this quality?

3. CITP whoever they are, say they have "no connection" with TPID yet on the face of it they must know of these people & have a relationship of some sort?

4. NBS say they have no knowledge of CITPs ownership structure, but yes I agree with David Symons of age how can they then say with confidence this is a Chinese contract. So it seems NBS has collected about AUD $20m from someone they do not know or only barely enough to send an invoice, ;-) ... if this correct, surely NBS is admitting to incompetent customer relationship management

5. A couple of clicks around the web generates enough information to raise questions about the TPID connection, Mackay Group etc etc. Do ASX, ASIC really see this pattern of communication as credible?

6. If David Symons & others concerns are ill-founded surely NBS could clarify position without doing any harm to commercial sensitivities.

7. As it stands there is a very strong case NBS is guilty of dissembling - ie making statements that may very well be true in isolation or based on a pedantic interpretation, but for most reasonable persons the information is misleading because its without proper context or incomplete. Do ASX, ASIC really tolerate this approach?