Good chance of that
considering this
Proposed Sale of Syntonic US Companies
Seattle, Washington – Syntonic Limited (“Syntonic” or “Company”(ASX:SYT), a mobile content services provider, announces the proposed sale of the Company’s entire interest in the outstanding issued share capital of its subsidiaries Syntonic Wireless Inc. and Syntonic US Inc. (including Syntonic Brasil Tecnologia LTDA, a wholly owned subsidiary of Syntonic US Inc) (together, the “Syntonic US Companies”
to First Orion Corp. (“First Orion”
, a US corporation (“Proposed Transaction”
.
It is all the US and Brazil subsiduaries that are being sold (given away).
SYT asx will still be listed, (for how long and in what format, anyones guess)
SYT still owns Pasific Ore (what ever that may be), it is listed as a subsiduary, and there would still be some reasonable size sharehoders from PSF days .
As posted previously there has been some interest (200 odd million shares have been purchased at .001 over the last months)
who would dp yjis and why????
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