NET 0.00% 0.3¢ netlinkz limited

Ann: Netlinkz finalises A$3.25 million equity issue, page-14

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  1. 937 Posts.
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    I don't think anyone should start getting excited about income any time soon Shoops.

    They announced nearly 6 months ago that 10,000 sales people would be selling bundled China Telecom packages which included NET product in the bundle. By all reports the sales that those 10,000 very hard working salespeople have been making haven't added any income to the NET bank account yet. It seems it takes an extraordinarily long time for sales to equal money in the bank - either that or China Telecom aren't selling any phone packages, and therefore no NET product is being sold??

    If this does ever get up and going then I'm still thinking January quarter 2021 at the earliest before all the talk and all the announcements result in actual real measurable significant money in the NET bank. Do not hold your breath on this one - I have been resuscitated several times trying that - it doesn't work
 
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