Ann: Change in substantial holding, page-57

"Nor will silence the trolling for good this quarter, with company making mega deals with Optus and US/Euro tier 1 telcos IMO"

I've heard similar from perma-bulls/doppelganger accounts for, checks notes... more than 8 years. And here I am. proof that the silence hasn't happened.

Let's look at the last and only telco sales back in 2018/19. The original business model was shared revenue. NOR released guidance of $50-100k. What happened next? Despite the guidance, the business model failed and NOR now gets paid only a fraction of this guidance in the form of a maintenance agreement for a freebie legacy app. Downloads stats from the app stores suggest <4% of Spark customers downloaded. MAU would be even less... and the app is free! If NOR can release guidance when the numbers are good, why can't they update the market with downloads and MAU for NOR and Spark VM?

So based on the only experience of NOR VM, which telco will be willing to step up to the plate and install NOR VM and why?

None of the perma-bulls, except Matty, have confessed to using VM. But somehow, everyone else will want it. Highly doubtful when we look at the Spark experience.

If anyone disagrees, put up some numbers and rationale to support your case.