This is a repost - since my previous post was deleted by...

This is a repost - since my previous post was deleted by moderators for being 'discriminatory'. Apologies to any person who felt discriminated not my intention. In answer to ColinN's response to my post:

1. SSI is a profitable business
2. Get a handle on what a reseller is - there are no binding agreements - a reseller is just a distribution chanel agreement and with the Greek company/EEC market it is just that - time will tell how that goes but publicly listed companies dont enter into a business deal unless they think there is something in it - again do your research on the company - they aren't known for being profligate wastrels judged by their financial history..
3. China already has recurring sales - read today's announcement from company for confirmation
4. the poster based in the US has alluded to hot money from HNW people- I responded
5. Consolidations dont dilute anyone - do you understand what a consolidation is?
6. Net is a growing company - the proof is already there in revenue numbers - dont know what you are on about re 'we have heard all this before' - well you have and the company has posted its numbers -from bacsically zero to 17m in a year...Hope this helps..

Finally and perhaps to adress concerns about the risky business of investing in a developing high growth tech company - refer back to the Company's posted offer document in the previous capital raise- plenty of warnings about the risks involved in investing in NET

There are continuing inaccuracies posted about NET that seem to bother a lot of ex shareholders

1. The company hasn't 'lost' $100M
2. VIN is NOT part of the product offer of the company - which is why the company developed new technology to actually satisfy the enormous and growing demand for connectivity - the VSN platform of products which are delivered in both software and hardware form(s)
3. It is NOT the company's responsibility to concern itself with short term share price - it is the company's responsibility to build a business and let shareholders decide what the value of that business is at any point in time.
4. Shareholders and prospective investors should read the company statutory accounts - once read they will understand that the company like all developing high growth tech companies - will be looking to raise capital to feed growth for as long as its own self generating revenue is insufficient to meet the needs of fueling growth

5. Raising capital may or may not end up being dilutionary to existing shareholders - if marginal units of growth are achieved at lower than marginal units of the cost of capital then all shareholders benefit from a growing pie - new and old.

Finally - real businesses - take time to build and grow - if investors are all the type who wish to buy the bad news and sell the good news or they are of the type whose personal time line for holding is shorter than what a company can deliver in terms of results to positively impact on share performance - given the business phase they are in - then it is irrational to expect the company to make up for the investors mismatched duration expectations.

I suggest that all people have a clear rationale in investing in any company - my ratiopnale is based on comparable valuation metrics to other listed companies in Australia and around the world. I beleive that the shareprice is undervalued by a factor of 3-4X today - and therefore represents a good risk return investment - for me. The valuation will go up OR down according to the revenue growth it delivers in the coming 6/12/18 months.

That is it for me on this forum.