Ann: Interim HY Financial Report & Appendix 4D, page-3

I've always assumed PO or another NOR body reads my posts in HC.

First I mentioned how Infosys had been dropping off from Quarterlies. What happened next? Infosys were included in the next Quarterly.

And what do we have now... Infosys is only mentioned once in the HY as a note to a Corona Project for Infosys being completed in Feb 2023, a year ago. It says $98,783 in Corona in HY Dec 22. FY22/23 Corona revenues were $129,169. So about $30k received in the 2nd half of FY22/23.

But a curious thing or two:
Neither Infosys contracts mentioned "Corona". Contract 1 said: "new technology development and
SaaS services supply contract (“First Project”, worth approximately $170,000" to a German-based company. Contract 2 said: "Norwood secures a second new contract, worth approximately $180,000 leveraging developing global technology relationship with Infosys, to supply a proof-of-concept communications solution to an Australian Tier 1 telecommunications operator"

I always maintained NOR did not receive anywhere near the numbers they mentioned in their announcements and as such should have announced a material reduction in these announcements.

Imo. this HY clearly shows Infosys has dropped NOR... Just like Oracle before them. The timing and reasons for Oracle are alluded to in the NOR announcements; if you know where to look and are not gullible to believe in conspiracy theories/myths re: Covid

The Revenue notes/segments always uncover NOR's words v. actions. I am strangely reminded of the time NOR said they had sold Corona to 2*ASX300s companies. But Corona revenues were not in the AR15/16. lol When I challenged this with the ASX, they told me it was due to an accounting change. It seems the accountant was called David Copperfield.

And now we have Spark NZ VM being segmented; when previously it was segmented as World VoiceMail Revenue NZ.

HY Dec shows Spark revenues, on an accrual basis increasing on a HY Dec to HY Dec basis. But World VoiceMail Revenue NZ clearly decreased from 2022 to 2023 on a year on year basis.

All imo