Wow that's harsh Michael.
I can't say that I agree that they will end up delisted.
Keep in mind there is about multibillion dollar market ( 1-5 at least ) in helping traditional teleco's adapt to the threat of OTT's providers and the value of global roaming fee's for individual travelers this year alone is 80 billion dollars.Worse case prediction is a hostile takeover by a very big fish at 2-3 cents which in would then give NOR substantial resources to push forward.
NOR is well on the way to offering solutions to both these problems let alone Corona.
The main problem ( I admit it's a biggy ) is that they are quickly running out of operating revenue.
This is not a new problem for upcoming tech start ups and if you review most of the tech success stories they all ran out of money at some point before their ideas could take flight. If they can find a solution to get them over 2 quarters this NOR should have good legs from there given the OTT interest from teleco's.
Why do I think it's likely they will find a solution to the cash burn problem ?
Because they have too
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