Observations from the NOM, page-13

1. the credit raise will be at least 2c per share, this suggests that it will be higher than 2c

2. around $500,000 from one customer on the 31st of december last year. this wouldn't even be the tata deal. they have made many deals since companies like Tata's licensing would be a lot more expensive than $500,000. also they canceled 7 million in credit where has this money come from? probably the deals with tata and others. the income from that one customer is around 1% return. 1% return (on mc) is great from one customer and for a start up that has been running for 3 years.

3. telco's will just upgrade their technology. they will be earning $$$ from advertising agencies.


y0jimbo said:


Direct costs 31/12/15 = $42,174
Revenue 31/12/15 = $435,000

GP (Margin) = $435,000-$42,174 / $435,000

= 90.3%



prospectus will outline the financial from the tata and at&t deals + others