NOR 6.98% 4.0¢ norwood systems limited

A clean slate..., page-4

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    Holla, the only thing you are going to get in the full year accounts is the full year accounts. They are very likely to look ugly. There has been very little revenue and the overall loss for the Group will be around $10M. On top of that loss they will have burnt through close to another $12M in cash. They now have around $3M in the bank which at their current burn rate will last maybe 6 months if they cancel their AFR subscription and cut the weekly fruit basket.

    PO and his cohorts do however have a mountain of frequent flyer points and free membership into the WA Entrepreneurs Hall of Fame. ;-)

    I admire your determination to go down with the ship but at some point you need to put down the trumpet and jump!

    All my own opinion of course.
 
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