Hi Guys
English is not my first language so please don't pick on me.I am confused perhaps believe that a profit update is warranted on the basis of the following announcements
Ann on 28/9/2015 Company said
Release 4 new products
1200 new customers signed during soft landing
new revenue to add $1m over 12 months
Distribution and partnership agreement with leading carriers and more than 350 channels partners including Telstra Vocus Mynetfone M2 and ISphone
Marketing campaign in Q4 2015
Ann on 6/10/2015 Company said
Record 22% annual revenue increase for 2015
Majority of customers are under long term contract
Combined revenue of $46m
Ann on 3/11/2015 Company said that global non exclusive agreement with Rhino Co Technology will
Add more than 1200 new active channel partners worldwide
Increase Vonex PBX distribution network by more than 340%
Resell Vonex PBX and actively recommend to its clients potentially more than trebling Vonex current network
I believe that the financial benefits from the ann of 3/11/2015 alone will make any previous profit forecast obsolete as the deal with Rhino is extremely significant in terms of profitability and cash flow and Management should notify the AXS as A2m did last week.This I honestly hope they will do .asap soon after relisting . IMHO Vonex has an enormous future and I am very excited to be part of it
I love to hear what others have to say or think as this is an open forum.
Regards
AWD Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
