NOR 5.56% 3.8¢ norwood systems limited

General Comments, page-1654

  1. 7,323 Posts.
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    "why some here who apparently honestly believe that there is no incoming revenue"

    Cherry-picking Doz. I said the Spark contract is half-way through in time and $. This would mean there is still half the contract owed. But this is spread over the next 2 years and in no way covers $415k cash burn per Q. My point remains valid: where is the money coming from to cover $415k cash burn?

    "Metaswitch no longer require Norwood’s services ( both points in direct contrast to recent statements contained within ASX : NOR announcements ) "

    Show me the announcement which states Metaswitch requires Norwood's services then.

    Metaswitch landed a whale (large Tier 1 telco) for VM. It is a work-in-progress. NOR are not involved else, under continuous disclosure requirements, they would be obliged to inform the market.

    Here we have an actual case study which demonstrates Metaswitch do not require Norwood's services. https://www.metaswitch.com/products/mobile-voicemail
 
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