News on Australian media trials is imminent. Their September...

News on Australian media trials is imminent.
Their September quarterly report released 29/10/2015

http://www.asx.com.au/asxpdf/20151029/pdf/432jws8m52b928.pdf

under operational activities states:

"Delivery of agreements with media companies and agencies for the license of Newzulu Technology products progressed during Q1 FY16. Client acceptance testing of Newzulu Platform and Newzulu Live on track to occur in November 2015."

In addition in this article
http://www.*.com.au/companies/news/...re-price-target-from-new-york-firm-64799.html

"Newzulu Limited (ASX:NWZ) has received a price target of $0.25 from New York equity research and corporate access firm SeeThruEquity, which initiated coverage of the company as a speculative investment in the media space."

The recent sell down, to at one point under 3c, was most likely related to cash burn by the company, which has taken major steps to correct this, and now looks to be cashflow positive as early as mid 2016

I believe this is still a buy, and I dont see this being sold into on positive news, rather I would see that as a catalyst for a significant re-rate

Please DYOR and dont just rely on what is posted on forums, and GLTA if you choose to put your money in NWZ

Tcell