NOR norwood systems limited

Ann: December Operational Update, page-8

  1. 535 Posts.
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    Nice of you to point out that discrepancy.  After all, this is a reputable thread and we must remain consistent...Amen.

    It would appear you ran out of time when composing your post though?

    Although an error may have been made, the underlying net sentiment is justified no?


    "It's got less than 10,000 downloads.."

    And indeed, WV was certainly not around from Jan 18.

    Lets do some more "numbers" based on WV data shall we....

    WV has only been available for 4 months!  

    10,000 Downloads (direct to public) with little marketing

    1,100,000.00 dollar contract (at minimum) signed with Spark over 4 years

    Lets say a 50% discount to large telco has a figure of $3.00 per user (download)

    1,100,000.00 divide by 3 = 366,666 committed "downloads" over 4 years locked in, in just 4 months!!

    If such a run rate can continue, 4 years divide by 4 months (time to contract) = 12 lots of 4 months (12 contracts)


    But wait, surely we wouldn't be working on customers one at a time. At worst, we should easily double customer pick up, based on momentum, product validation, and some welcomed COH imo

    So, 24 contracted customers x 366,666 (conservative) users per contract = 8,799,984 (downloads)

    8,799,984 x $3.00 = $26,399,952.00 from just one of our Apps!


    By those numbers, @tradingdragons has grossly under estimated the potential big time!!


    "either way im happy with the current results and ive already had my orders filled".

    I would be too mate, great timing with entry.


    Math IS fun....

    smile.png



 
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