NOR 6.25% 3.0¢ norwood systems limited

Ann: Notice of General Meeting/Proxy Form, page-80

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    With $407k in the bank at June 30. $928k in outgoings this quarter ($460k spent so far). $240k from NZ and approx $60k in revenues that leaves them about $250k in the bank now.

    No announcement on R&D yet but maybe that nets $100k.

    That gets them to mid to late September before something has to break. Either a CR or a million up front.
 
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