NOR 16.1% 3.6¢ norwood systems limited

Ann: Quarterly Activities and Appendix 4C Cashflow Report, page-5

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  1. 4,477 Posts.
    lightbulb Created with Sketch. 1912
    They did mention they are drawing $170k from Radium, and they will make sales of $70k a month so they won't need to raise money until the end of May.

    Another very wishy washy report with no download figures or numbers. Seems like Norwood receives additional revenues for the voicemail platform as Spark subscribers increase which makes sense. Also reconfirming that they get a cut of Sparks VV app downloads and they are expecting a ramp up of downloads. You'd think Spark would market this app to users so maybe that might improve downloads.

    No material progress on anything I can see. Another kick the can down the road report.
 
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