Thanks to everyone contributed to this thread (especially @aceindy ), I can confirm the Netburner works.
A couple of tips if you want to go down this route:
1_ The port that you are trying to communicate on with the Netburner should be opened on windows firewall. This is one of those simple tasks that you do not pay attention to and it gives you a painful headache
2_ As it has been mentioned above the virtual port should be created as a server. Also make sure that you use the correct USB Com port. In my case it was on Com4 .I attached a screenshot of mine. Hope that helps
3_ Most definitely you will see some issues with regards to communication between different components, make sure you look at this URL before anywhere else (well, I am talking about the zigbee2mqtt to be more specific): https://www.zigbee2mqtt.io/information/FAQ.html#help-zigbee2mqtt-fails-to-start