Syntonic - Tata License > $84mil pa ?, page-28

You know this is a backdoor listing right? Syntonic are positioning themselves nicely on ASX for easy listing on NASDAQ.

CEO of Syntonic suddenly the CEO of PSF, capital raising to acquire business canceled due to Syntonic revenues - only makes sense as a backdoor listing. Acquiring a business does not become "cheaper" because the company you are acquiring made more money. The $7mil was for development expenses - CR was purely to enhance Syntonic and not acquire it.

There is a much bigger play in action. Tata comms is no joke, maybe they only deal with listed companies, so had to do this? Lots going on behind the scenes. I'm upping my estimate on revenues after realizing PSF get multiple revenues steams...