NET (ASX) Ann: EGM Management Presentation

Originally posted by Gucci: ↑

Yes H brought this up all before... and he interprets all the general information that we all have received so far by the Company (no secrets there!)... You see he speculates where the Sales must come from (his opinion!) as he said the Company has not divulged specifically all the Sales detailed information as yet. We will know soon enough actual information as per their Audited Financial Statements for the Year ended 30th June 2020 due by 30th September 2020.

No directors with these qualifications would have just been fooled and be potentially liable to such with lies and deceits and or involved by what H is portraying the Company as a possible fraud and they seem like all crooks well they must have also been able to fool all technical experts and Directors in every country that are being involved with NET it would be the best set up I have ever seen if nothing will fructify from all this just a blank canvas with no possible outcome from their potential market... Everybody involved must be idiots except for him!

Also H mentioned it is the only ASX Company he comments on and try to protect and save all the shareholders from investing in the Company and all other Companies he is involved with and or comments on are International... He has been doing this for over 5 years now and again just as a good Samaritan well its way too obvious now that he has and always had a personal Agenda! Could this be a major competitor to Companies he is involved with...who knows?

Also no disrespect but he also has you to agree so no credit there either that's for sure...

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Dude!! C'mon, again!? You just don't get, do you? This is bordering on obsession now. Look Gucci, I gave you the opportunity to address his NUMBERS breakdown, straight from the quarterly accounts and once again all you do is talk about H...it's H this....and H that...on and on.
Really!? Ridiculous mate. As ridiculous as spreading lies about me being someone else and having been expelled from this forum before. What is up with all this weirdness? Grow up mate.

This isn't a comic book saga, you're not NET's hero on a moral crusade against it's enemies, none of you are...and "H" is not your arch enemy. I am not your enemy. It's just another investment buddy, relax. Either it's sound or not, if not, I kill it and move on, and deploy my capital elsewhere. If it is sound,
I hold until things change, we all have an exit strategy, right?

The issue is, I've never had this much trouble understanding a company's product or what the hell it's true edge is, compared to it's competitors. Even youtube has bugger all on it, yeah..wow. So anyway, I've gone through the website, the accounts, and all the presos (very pretty, lot of rehash, but no detail). I've also spoken to a close friend who is a director at a Sydney VC firm, and all I could find is one analyst report...MrKotiko gave it to me actually, and it turns out to be by the mob that handle their to market transactions..hmm..hehe. Still, I am enjoying reading it. There's almost zero on google about VIN or VSN tech and I can't trace the awards online either. Anyway, look, nothing conclusive, just uncomfortable, right? It could still be an amazing investment. No conclusions for me yet.

But, the hype is immense, hmm...so...for now, I'll keep digging. I have a feeling that it all comes down to sales of licenses, in the end, right? The number of VSN licenses sold, the growth of these subscriptions. The world bank water plant job is just a distraction, as are the licences sold to it's own JV partner. So, what really is going on? And why won't they publish the VSN quarterly sales numbers. Strange, no?

So, WE, all of us, coz we're in this together, need to see the VSN license subscription sales numbers on a timeline, as well as the retention rate, right? Is retention 10%..50%..90%? Because, this would determine recurring revenue, right? Again, something not shown. Do you at least agree with this mate? Two numbers: Sales and Retention. This will be proof that their tech, the amazing VSN, is for real.

Why won't they show this?

Maybe, one of the veterans here...a true stalwart who might have some traction with the company, could perhaps compile an email asking for these two numbers to be shown on a timeline, for transparency, 1) New License sales no.,
and 2) Existing License Retention %.