NOR norwood systems limited

Ann: Half Yearly Report and Accounts, page-140

  1. 1,350 Posts.
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    I am not insinuating anything @shanem I am only quoting information in ASX Announcements.

    I stand by my comments. The image below is taken from the 2016 AR on page 51. It clearly shows there was zero revenue for Corona in 2015 and 2016.

    https://www.asx.com.au/asxpdf/20160831/pdf/439v8g42wpn0bd.pdf

    Here is an announcement proclaiming: "Multinational Blue Chip Corporates Sign on as first clients for Corona Platform" The announcement goes on to say: "two multinational blue chip corporates signed on as first paying enterprise customers for the ground breaking mobile roaming platform, Corona".

    https://www.asx.com.au/asxpdf/20150618/pdf/42z821ckf8gykf.pdf

    Subsequent Investor Presentations confirmed the above.

    https://www.asx.com.au/asxpdf/20151127/pdf/433cf16851v4nb.pdf
    Page 4. See image.

    How do you explain the discrepancy @shanem? Let's try to avoid the use of emotional terminology such as "sad" to dismiss my post and stick to the facts as reported by the company through ASX released announcements and reporting.
    2016 Rev.JPG Invest Press  20151127.JPG
 
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