Ann: AGM Presentation , page-5

Hi 20500. Was it an interesting AGM? Any good questions asked about the written off revenue?

The presentation was a bit rich don't you think? Pretty cheaky projecting revenue for 12 months in the future when they've been doing that for 3 years. They actually booked massive revenue a year ago, but then wrote it all off, plus some, in the next annual report. Hard to trust anything. And given that the share price still values NBS as several multiples of their current assets, it seems like a really dangerous investment.

Buyer beware!