good question Mr2, yes it does show no banked revenue, but I see $861,000 coming in from tax rebates which could easily have been put as income..
350,000 licenses at approx $1.10 to $1.20 per lic adds up to approx 400k.yep this is per month. Then add in the income from the business we purchased of approx 1 million per month, this says to me income as of Jan 1 is approx 1.4 m per month that’s 16.8 m per year.. looks like the projected revenue of 15 m per year will be easily covered.
The big news in the comments was servers have been put into JD.com cloud... Now JD .com have over 100,000 shop fronts the most in China and do tens of millions of on line sales per day.. yep 10s of millions.. JD is 20 per cent owned by 10 cent... there are massive , they own wee chat which is the Chinese facebook with 950 million clients.. As JD major shareholder they would have approved NET to go into JD cloud.. have a real think about this as it’s huge... I won’t go on and say more less I be called a tout again..
The other part of the management commentary stated some of the large companies that have been in our China tech hub are ready to go to market in Feb... these will not be small companies and will product large revenue for NET.. so shareholders be happy , very very happy.
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good question Mr2, yes it does show no banked revenue, but I see...
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