Brett, your narrative I concur, Net has turned the corner all up...

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Johngregory

25 Posts.

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14/04/18

23:15

Post #: 32460535
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Originally posted by brett64 ↑

Bob, you raise some nice points but I don't think you should over complicate it.. I'm disregarding the 2015 announcement as its 2018.
I know the Chinese infrastructure is not great and probably has many many different issues with downloading our tech onto it. Some adjustment from many Chinese companies may have been needed.
I suspect as this is the first announcements of sales and its based only only 2 months of real deployment the company has released initial sales figures only and has left some bullets in the gun for future announcements.
Who knows if these sales figures taken into consideration the sales commission that needs to be paid... Normally up to the first 3 months revenue goes to the sales person...
There are lot of unanswered questions and Im sure we will be informed as the year evolves..
The price per VIN will also vary due to the size of the client, more VINS I suspect will be less income per VIN.
You can do your head in over analysing this when all you need to know is the tech works, sales are happening, NET has a super large client in a very large market and I suspect has other clients ready to go in different markets which will be announced when they are ready to be announced .
Like most companies shareholders need to trust the management, if you dont , sell your stock or if you are a long term holder and looking to get some of your hard earned money back be patient as you really have no other option..
The shares price has risen a little and quite a lot of new share holders have come on board in past couple of weeks, there are reasons for this and they are good reasons.

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Brett, your narrative I concur, Net has turned the corner all up from now

NET Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
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Brett, your narrative I concur, Net has turned the corner all up...

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