Ann: Netlinkz Announces Funding Update, page-28

Westbury. Thanks for the post. As always very helpful.

We need some guidance from the company.

On 9 January 2019 they advised what sales were for November. So lets hope they do this every month.  If they dont I expect we should all email the Investment Liason as per email on thsi thread and ask for this.Extract from 9 Jan update below

Some sales numbers will at least allow market to extrapolate growth

9 January 2019
ASX ANNOUNCEMENT
Company Update
The latest version of the Company’s product, a software only based Virtual Invisible Network (VIN),
was released to China Telecom at the end of November 2018 following a successful pilot
programme with China Telecom Wuxi. Netlinkz engineers have worked closely with the China
Reseller and China Telecom to refine the VIN product offering to meet the demands of the Chinese
market.
The Company is pleased to advise that the total VIN sales in Jiangsu Province as at 31 December
2018 were 26,037 - an increase of approximately 11,000 since the end of November.
Wuxi recorded sales of 6,273 for a total of 20,406
Suzhou recorded sales of 3,509 for a total of 3,593
Nanjing recorded sales of 1,206 for a total of 2,036
Sales continue to be focused on the main population districts of Wuxi (population 6m), Nanjing
(population 8 m) and Suzhou (population 12m). Once the revenue base has been established in
these three cities the roll-out through the remainder of Jiangsu Province (Population 82 Million) will
target the following cities: Yangzhou (4m), Taizhou (5m), Xuzhou (8m), Huai’an (4m), Suqian (6m),
Yancheng (4m), and Lianyungang (4m).
As highlighted in a previous Company update, the Company through its agreement with its China
Reseller, will receive recurring monthly revenue, which the Company currently estimates being A$
0.90 per VIN per month, in the form of monthly royalty payments per device from the gross
payments received by the China Reseller.
These royalty payments will be paid directly to the Company with the sales force cost, technical
support and development costs to be borne by the China Reseller.