AGM, page-25

@Stuka

"This is about price i.e.. $250K per operator - not revenue. The revenue will change as more operators sign up."

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Sadly you just don't get it.

I didn't make up all those numbers, the company was the one who produced them all.

Neither you nor I are privy to what makes up the maximum revenue potential number, only the company & its counter party is.

Verizon signed its contract a long time ago. Syntonic would have worked out from its size, potential royalty triggers, etc etc the maximum amount of revenue that contract could bring & it obviously came to a figure of $500,000 per month (including guaranteed minimum monthly revenue payments) which is why they included it in presentations.

That same contract is now worth a maximum of $250,000 per month. plain & simple.

Don't go thinking about bringing in the Verizon CEO change of tact, that has nothing to do with the fundamentals of the contract.

It is meant to have minimum monthly guarantees.

That's probably the only revenue we're going to get from that source in a long time unless the CEO changes his mind & even if he does & we get to the state Gary/Rahul envisaged when the contract was originally drawn up, we're only going to get $250,000 a month from it not the $500,000 a month amount they previously presented to shareholders.

End of conversation

LOTM