Ann: Company Update, page-70

“ The fact is that one of the top 6 shareholders, along with family interests, is down over half a million on this stock. Average entry price estimate: 32c. Yes, 32, not 3.2.”

Thanks Billy , I have quickly looked at the above top holder situation that you have highlighted .
In my opinion based upon my modelling and estimates , this identify should be break even in 12 months time , when the market cap is around the 100 million dollar mark . ( note : excluding any held NOROA and profits ) .
The real benefit will come to this investor in the 24 month window . Returns in excess of the million dollar mark can be expected if Norwood executes it’s expansion and partnerships flourish during this period . Sophisticated investors often have an extended investment outlook allowing fruition and I will assume that this is the case for this investor unless for unforeseen circumstances .
All in my opinion , not financial advice , please do your own modeling .