NOR 14.3% 3.0¢ norwood systems limited

Ann: Telephony App Enhancements and Product Development Progress-NOR.AX, page-93

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  1. 3,574 Posts.
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    Yes I tend to agree. I can't recall ever seeing resolutions that entail management cash grabbing for themselves or things like that. Plus my guess is that original plan was to take on the world with their distruptive tech, however, upon doing the road shows have been confronted by their competitors, (other telcos) and been propositioned about the idea of sub letting or selling their product via established organisations.

    It's a brilliant strategy if you ask me as gives NOR the possibility of gaining a massive, instant customer base from which they can gain bulk income in a fairly short period of time.

    I firmly believe that once NOR finish this latest round of Corona updates and prove that it works, that we will then see a couple of direct clients come on board.

    NORs product is solid, they just need to complete the package to become truely disruptive.
    Last edited by Roostar: 25/05/16
 
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