How High Can Net Fly 50 Cents?, page-146

Hi Knwee2

I listened to the entire investor EGM last week and the good news is that Management made it very clear the VIN China Telecom strategy is only one part of this business and its anticipated the IOT will be significantly larger with its partners in IsoftStone and BlueTech.

I like your numbers and to me its clear that the VIN strategy alone underwrites the current price plus more as per your post and the IOT could send this stock anywhere.

During the meeting the CEO advised he would not be in a position to provide projections until they had signed up new customers with IOT. It was a lengthy discussion but the example used was if IOT were by example used in every Westinghouse Washing Machine then NET would be able to advise that based on how many Washing Machines Westinghouse typically sell per year NET would be in a position to report back on how much revenue this would equate to.

They are talking about using this in many industry's and the market is massive as we know which provides a huge opportunity for NET.

If the mobile IOT can be approved in the next month along with BlueTech plus confirmation a number of the trials in place with Isoftstone be approved by new customers the high of 15.5 cents today will still be cheap.

There is no doubt an institution is buying based on the current volumes for the last week post the EGM.