RE:RE:Our sellers yesterday.....Henryford: I agree. ALIIS was a smart choice for NXO. Although DT may be a great product, it requires some serious capital for initial manufacturing run and then lots more to scale up. For a small company like NXO with limited cash, this is risky and limiting. With software, variable costs are zero, so they can scale quickly.
Henryford wrote: The stepping stones are nearly in place. Once roll out begins, the profits will flow. I am so pleased management didnt go down the track of becoming a manufacturer of DT...I was so close to selling my holdings as I ,and many others could see that going down that track would have ended in a disaster. Just look at what NXO has now achieved. Money in the bank,very few staff, and IP which will be cheap to produce with hopefully large numbers of clients with dozens of different applications rolled out across the world in millions of different products.$$$..Nasdaq.