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Atkay is over bud all signs point to the fact the took the bag...

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Jimjamzzz

2,026 Posts.

174

20/09/19

11:16

Post #: 40493705
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Originally posted by Last of the Mohicans ↑

From what I've read in the last 2 announcements.

The deal with the client is already done.

However the issue is likely to be the same as the Aktay one around payment terms/milestones ………………

Like the one that might start rearing its ugly head again in 103 days and be a noose around Gary & Rahul's necks until Syntonic actually receive the cash payment they are entitled to in any circumstances on 1st July 2020.

If they don't then the ASX will have no choice but to throw the book at them and I'm pretty sure substantive shareholder lawsuits will follow on from that.

LOTM

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Atkay is over bud all signs point to the fact the took the bag of cash and walked off laughing with it.

Not only did they never even bother getting a website up but all the URLs they had purchased:

http://www.aktaybilisim.com/
http://aktayas.com/

Have now lapsed and are back up for sale.

You ether got played or they were part of the game, well probably never know which.

SYT Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
5 Upvote

2 Great analysis

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