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Netsurion deal worth more than $6.9M!, page-8

  1. 790 Posts.
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    Just remember that the below were the achievements to date in mid March when they announced the additional $349k order from Netsurion :

    "The purchase order represents a total in aggregate of revenues and purchases orders received of $1m so far in 2018 and establishes a trajectory of increasing revenues."

    That is purchase orders AND revenue for the year inclusive of that $349k. That was the last time we were given an indication of where things were at so far this year. If there had been any other significant contract or purchase orders they would have been obliged to inform the market on return from suspension. They haven't.

    I've bailed. I don't see there being much in the way of cash receipts in the 4C for the last quarter and there will have be a hell of a lot of new business come in for them to come anywhere near the $11.5m guidance that was ramped in December.

    Best of luck to everyone.
    Last edited by jlo2012: 27/04/18
 
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