HotCopper Syntonic SYT percentage owned, page-182

Hey Awoonga

If you read the announcements you get the idea that GG didn't need the cash originally and the CR was for Verizon. He knew he had contracts in the bag and could deliver the required product.

So I would expect that based on the "normal" operating costs, GG believes we will be revenue positive for normal operations pretty quickly.

From memory and ignoring the original capital raise costs obviously he believes that revenues of 8 to 10m per annum plus will come before we would have burned the original raising.

Therefore I am also hoping that GG is as smart as we think and that ignoring the One off work for Verizon then revenue will be strong.

While I originally suggested 420k to 560k would be a pass mark I did really think it would be higher.

Time will tell if Gary is as good at maths as he is at Physics but having done Physics at school I know he will be!