SYT General, page-1435

First 1435 Last

Share
Profile

Follow
TheGoldenRocket

3,924 Posts.

274

03/07/17

12:38

Post #: 25628979
Share

Originally posted by Nighthawk10000 ↑

Hello Mr

Thank you for your note to us.

Freeway Overpass is available on the Google App store to all Verizon and AT&T customers today. This is not a beta product, but a fully functioning commercial service. However, due to the US holiday in early July and our iOS release in mid-July, we are limiting our marketing activities for driving awareness to this service. We will use the next couple of weeks of limited Overpass distribution to help better refine our pricing and app bundles in anticipation of our extensive market campaigns starting in early August.

As for the margins, we have ~12 bundles each for 3 different subscription durations (day, week, month). Gross margins are projected to vary. Rather than providing projections, we will have actuals in a few months’ time that will give a better assessment of this new revenue model.

Many thanks,

Syntonic Investor Relations

From:
Sent: Friday, 30 June 2017 11:11 AM
To: Investor Relations
Subject: OTT announcement query.

Dear Mr Greenbaum,

I have several questions regarding Overpass.

In the latest announcement, you have stated that Freeway Overpass is now available to 140 Million AT&T and Verizon customers. However, you then go on to state that it is an ‘initial commercial release’ limited in distribution within the U.S. market and will be broadened in August.

Could you please clarify these statements as they are contradictory. How many Verizon and AT&T customers have access to this platform currently?

Following on from the first question; is the current ‘initial commercial release’ some kind of beta testing phase?

Lastly, are you able to comment on the percent amount of profit Syntonic generates from a single Overpass subscription?

Kind Regards,

Expand

I was wrong! The 4th July weekend, GG is at the email responding to queries. Positive!

So, we are at full scale already with Google Play, iOS to follow and then August is marketing campaign.

So we should see revenue in the September quarterly regardless of the marketing in August from the initial release.

SYT Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

LDX

Lumos Diagnostics surges 140% on major US contract deal

LIS

Li-S Energy the latest microcap to pivot to US defence market

LU7

Lithium Universe targets silver boom with breakthrough solar recycling tech

ASX Market Close: Why are we red today? Because US CPI's at 3%

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

First 1435 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

SYT General, page-1435

Top Stories

Lumos Diagnostics surges 140% on major US contract deal

Li-S Energy the latest microcap to pivot to US defence market

Lithium Universe targets silver boom with breakthrough solar recycling tech

ASX Market Close: Why are we red today? Because US CPI's at 3%

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News