NOR 16.1% 3.6¢ norwood systems limited

Ann: $200,000 Convertible Note, page-365

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  1. 1,674 Posts.
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    It seems the Amelia project could be as tenuous as the Metaswitch one. Reading the typically obscure details provided by nor, it appears nor's target market is one that involves 'personal call completion services' and possibly one that employs personal assistants due to the fact the product is 'just like a personal assistant'. Maybe business executives might take it up?

    The main commercial activities by Amelia are corporate businesses that partner with Amelia and customise it for their needs. Nor doesn't have any opportunity in that space. It seems interfacing WVM with Amelia will just be the same old standalone WVM, albeit spruced up a tad. Will it lead to anything material? Cost increases to the already unappealing WVM could also mean the whole project is non-viable in the end.

    I find it unethical that on face value nor make it appear like there is some sort of substantial project underway. Alas, as expert long-time followers and critics know, there is nothing under the hood.

    #downers 4eva

    Last edited by AdVictoriam: 31/05/21
 
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