NET netlinkz limited

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not to mention all the money spent on 'IoT labs'

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14/03/25

07:21

Post #: 78259780
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Originally posted by James1964: ↑

You have got to be kidding! Please see my translation below of the Netlinkz spin!

"SecureLink Networks to launch Netlinkz’ VSN+ product in the Philippines,
Raising the Bar for Cybersecurity"
Translation:
The Chinese did not get fooled by NET's outdated and ineffective cybersecurity software.
maybe the Philippines IT guys are not smart enough to do a basic search and establish that the cybersecurity is ten years old and irrelevant.

"• Plans for ceasing the ownership of the China business to remove limitations on
expansion into USA, Europe and other South East Asia countries."
Translation:
China was a complete flop. The 30,000 sales people we allegedly had did nothing. The Chinese are far smarter than we thought and saw through our ridiculous software. Like really, why did anyone believe NET could actually make money out of China when China has some very capable hackers and IT people that can run circles around our 10 year old software. If you think we can make money out of the US and Europe just dream on.NET has already tried to do this OR more precisely has made a lot of promises to this effect. The promises all came to nothing.

"• Significant reduction in costs and restructuring of product development to
ensure profitable ongoing business"
Translation:
We are out of business, our telephone line does not work and the CEO is living in our head office along with his pet dogs.
Ensuring profitability of NET is like assuring someone that the earth is flat. NET has never made a profit. Given the CEO paying himself a ridiculous wage and administration costs off the scale NET will NEVER make a profit.

" Focussed effort to achieve re-listing on ASX continues"
Yeah sure.....we will believe it when we see it.

NO I WILL NOT CONTRIBUTE TO ANOTHER NET CAPITAL RAISE. YOU WOULD HAVE OT BE TOTALLY STUPID TO GIVE NET ANY MORE MONEY.

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not to mention all the money spent on 'IoT labs'

NET Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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not to mention all the money spent on 'IoT labs'

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