NOR 0.00% 3.4¢ norwood systems limited

Ann: Update on Commercial Sales Pipeline and Announced Contracts, page-25

  1. ssm
    946 Posts.
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    Is anyone else concerned regarding the Affinion agreement going no where? Or was this as expected?

    "Norwood notes there is a level of inherent uncertainty for any first agreement with Affinion. Accordingly, Norwood’s ongoing guidance is to remove any revenue expectation for the Affinion channel until a first revenue bearing contract is agreed for either World Wi-Fi or World Secure with Affinion and/or one of their clients, which would provide greater clarity on commercial terms and revenue implications for Norwood"

    Im just wondering where the big revenue will come from seeing as the majority of actual revenue bearing contracts bring in no more than about $40,000 per annum?
 
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