NOR 0.00% 3.5¢ norwood systems limited

Ann: Extension to Closing Date of Share Purchase Plan, page-141

  1. 1,438 Posts.
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    14th July, 2016
    “the Company has witnessed very strong sales pipeline growth over the past four weeks with meaningful deployment negotiations progressing well with large prospective clients in the Oil & Gas, Fast Moving Consumer Goods, Engineering, Information Technology, Publishing, Local Government and Travel sectors.”
    “The Company remains committed to securing strong early revenues from its portfolio of “Over-the-Top” (OTT) Apps and platforms delivering telco services to consumers and businesses.”

    29th July, 2016
    “Corona Cloud & Corona GTS services launched publically as a Beta, with first sales now recorded. Both products currently available to paying customers, with a strong forward looking sales pipeline, as corporate clients can realise potential savings of up to 25-50% off phone bills”
    “Given the current strong corporate sales pipeline, and continuing telco discussions on white label options for World Phone and other products, the Company is of the opinion that current “base case” assumption of no material receipts from customers is likely to be actually a “worst case” set of assumptions, and remains confident of sales progress in the short term.”
    “The Company has witnessed very strong sales pipeline growth since the launch of Corona Cloud & Corona GTS with meaningful deployment negotiations progressing well with large prospective clients in the Oil & Gas, Fast Moving Consumer Goods, Engineering, Information Technology, Publishing, Local Government and Travel sectors. Of the top ten prospects in Norwood’s current Corona Cloud and Corona GTS sales pipeline, four or more have an annual revenue potential estimated above the $200,000 threshold required to meet one of the Company’s performance share milestones.”

    31st August, 2016
    Norwood delivered a net loss of the year ending 30 June 2016 of $16,656,439 reflecting the significant investment made in technology and marketing.”

    27th October, 2016
    “The Norwood enterprise sales team has been discussing the new Corona Cloud and World Phone 2.0 for iOS capability, under NDA, with a number of large enterprises in key verticals, including the finance, professional services, health & aged care and resources sectors.”
    “Given the average mobile fleet size of these sales pipeline opportunity is currently 4,000+ mobiles per enterprise, each opportunity represents a $1M+ annual contract value. Given World Phone 2.0 for iOS is now launched, we are commencing field trials with 10+ organisations in the next 30 days and expect further announcements as contract negotiations progress.”

    “Our sales process and pipeline continues to grow robustly and I look forward to updating shareholders as we continue to execute on our revised enterprise OTT strategy to deliver key account wins”
    31st October, 2016
    “As a result of the sharpened sales focus, Norwood has engaged in-depth with several dozen potential enterprise customers, covering a range of sectors such as insurance, airlines, loyalty program providers, media & communications, engineering services and resources”


    30th November, 2016
    “1. US-based investment bank Awaiting pilot go-ahead $1,000,000 pa
    1. US-based investment bank Awaiting pilot go-ahead $250,000 pa
    2. AU-based state healthcare provider Awaiting pilot go-ahead $500,000 pa
    3. UK-based investment bank Awaiting pilot go-ahead $250,000 pa
    4. UK-based telco channel partner In partnering discussions Targeting City of London”

    13th December, 2016
    “The Company has built up a significant pipeline of prospects, including global players in the areas of aviation, professional services, banking, telecommunications, engineering and legal services.”

    31st January, 2017
    “The Company was highly encouraged by the early response from potential financial and healthcare clients to its forthcoming Compliance and CRM offerings, services that the Company believes will occupy a unique and valuable position in the marketplace”

    Notice how all of this sounds the same as
    "We are highly confident that these types of partnerships will translate into steady revenue growth over the coming quarters." 31st on January, 2018

    and

    "“We have seen a steady escalation over the quarter of prospective Enterprise deals entering the sales pipeline, significant progress with deals already in the pipeline" - 31st Jan, 2018

    and
    "“Given this broad and refreshed portfolio of Apps and related services, we are witnessing a highly encouraging and growing number of leads, opportunities and accounts in our sales pipeline for both the Enterprise and Loyalty segments and our aim is to convert these prospects into revenue-generating clients, as soon as practicable.”" - 31st Jan, 2018


    and
    "In a literal sense, the bases are fully loaded and we are brimming with anticipation of what the coming months will bring Norwood in terms of commercial success." -6th March, 2018

    Like, don't you all see? They've been saying the exact same bs about sales pipelines and potential deals for more than 20 months!
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