This MoU might actually be the announcement which shareholders...

This MoU might actually be the announcement which shareholders have been waiting for.

The last MoU was with iSoftStone in 2019, and it, I believe, and have previously posited, allowed Netlinkz to ride on the coat tails of a large infrastructure project which they had little, if anything, to do with. The recycled revenue allowed them to paint a rosy picture, even though it barely disguised a massive loss.

They can not dine out on the water treatment plant "success" much longer. They urgently need another project to ride on, to keep the plates spinning. Maybe Uni Systems have something and Netlinkz have struck a similar deal with them? The MoU does specifically say they will be cooperating on "projects".

Something certainly needs to happen quickly. The end of the quarter is approaching, and if the water treatment plant money-go-round has already ended, Netlinkz's income is collapsing. They have still not made a prediction for CY21 income, which in itself should be setting off shareholders' alarm bells.