So the MC is 70 not 80 mil & Q on Q the cash burn is reducing while the receipts are increasing.......is it time to take the plunge Mak? Are you looking to enter?
Well yeah. At 3.3c its $80mill, at current it's $70mill, not here nor there really, it's a decent marketcap. Time to take the plunge? Still undecided. I am already invested in a couple of companies in a similar position to SYT where investors are now waiting for proof of repetitive revenues leading to becoming a profitable entity. It's taken longer than expected and that's a typical scenario, it always takes longer than you originally expected. I probably prefer to see how the next quarterly progresses before making an investment decision on SYT. As stated previously it's is the ability to keep repetitive clients that is the key for me, not the number of downloads they can achieve.
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So the MC is 70 not 80 mil & Q on Q the cash burn is reducing...
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