Ann: Half Year Report and Appendix 4D, page-15

  1. 485 Posts.
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    It means that a Company report, should have addressed this, this sudden hole, as the "Recurring" model has been on the HC Board, with10,000 sales people, you all remember the classic Broker on the Conference, failing to mute his phone, to talk about JD.com adopting NET, all of this is the China will roll it out and NET will conquer the world.

    Instead they offered a phrase that should never be in a Financial report.

    "Unnamed, or unsubstantiated sources, say that the NET technology is ONE OF THE BEST, really ....one of a hundred or one of three.

    The gist is that this rating is not about the products preeminence, that is it is not exclusively special, you know, like monopoly, all the things you look for in a technology giant. One of many, also means a competitive market, unless you back it up with, a comment like, one of top three, with say 19% of China market share for NET, XXXX technology being number 1 with say 45% of the market share....Source Gartner or IDT".

    Competitive markets mean capital.....more capital.

    The other never to be used by a company in this financial position, "Capital Light".

    And what happened to all the Revenue he bought from SSI for Ten Million, less than a Million a quarter, is no one buying the VSN locally, what about Blue Tech in the USA.
 
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