NOR norwood systems limited

@Creaturemagic - nice postings today and in a mature manner,...

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    @Creaturemagic - nice postings today and in a mature manner, quoting undeniable facts. I don't post a lot here of late as I've shared enough similar facts and I've got better things to do with my time and energy.
    I will however add this quotation which was delivered on the day of commencement of trading two years ago 16 June 2015...
    It seems to have become a template for many many more announcements and pumping since then.

    Norwood Systems, CEO and Founder, Mr Paul Ostergaard commented:
    “Today marks a new and exciting day for Norwood Systems as a listed technology company. Global travel is rising inexorably with roaming spend by leisure and corporate travellers exceeding $55 billion today and forecast to increase to $80 billion by 2018. What we have developed is a shared economy business model, delivering premium service at a lower cost, with our unique cloud services platforms. The company is now well positioned for significant value creation with strong funding secured, negotiations well advanced for commercial contracts with a number of blue chip corporates and the launch of our revolutionary “World Phone” consumer app planned in the coming weeks.”


    So now it's 2018, no idea if that $80 Billion forecast has been met but Norwood and PO certainly haven't made much of a dent in it, never mind get a sniff of it.
    No wonder a certain poster here is so defensive because of being (self-admitted) responsible for pumping it's prospects to approx 15% of the original investors which would equate to Norwood having raised from them around $850,000 !!
    I'd be pretty embarrassed too !
 
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