NOR 0.00% 4.7¢ norwood systems limited

Ann: Response to Price Query, page-2

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    Big finish this week on FOMO
    News is a coming

    Yes – as previously announced in its Enterprise Strategy Update and Investor Presentation
    dated 27 October 2016 the Company has engaged in discussions with several dozen
    potential enterprise customers. These potential customers range in size from sub $10M
    turnover, to divisions of global firms with billions in revenues.
    If an agreement is reached with any of these potential customers, it would represent a
    milestone for the Company and its current commercial strategy.
    However, as at the date of this letter, these discussions and negotiations remain incomplete
    and non-binding and there is no certainty that any material, binding agreements will result.
    The Company will keep shareholders informed of all material developments as and when
    they arise. The Company has no reason to believe that any discussions or negotiations have
    ceased to be confidential. Further, the Company has no reason to believe that the current
    activity in its share trading is in fact related to the discussions set out above.
 
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