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10/07/18
09:47
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Originally posted by banksy808
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16th August 2017 from management:
"Overpass is showing excellent progress, and music offerings have proven to be the most popular subscriptions. The service is generating early revenue despite a limited release; however, the Company does not anticipate appreciable Overpass revenue for several quarters as Syntonic grows its subscriber base."
Now it is a reference case!! I think it deserved an ann to let people know this as people may have based their investment decision on this, just like the TaTa cash cow upon relisting which didn't work out to this date.
Be careful punters... SYT have changed their narrative more than once. Pumped up products like this and let them fade into silence..
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Here's a good analogy;
If an Oil Co is drilling and exploration well in the United States (Overpass US) and it tuns out to be a duster...does the company have to disclose that information to shareholders?
Answer is; yes, by law.