SYT 0.00% 0.1¢ syntonic limited

Ann: Prospectus - Non-Renounceable Entitlement Offer, page-4

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    Adroit Business Solutions, a company of which Mr Rahul Agarwal is a director and beneficial
    shareholder, has been engaged to provide product development and support services to the
    Company based on a monthly fee that may vary based on the service requirements. The
    arrangement has no fixed term, but Syntonic has the right to terminate on thirty (30) days'
    written notice. Adroit Business Solutions is currently paid a maximum monthly fee of
    US$49,500, which is to be reduced to US$25,000 effective 1 December 2019, as the
    Company phases out its legacy product development and transitions strategic customers to
    the Syntonic RGP.

    Max fee of $594,000 US a year to Rahul company

    Pretty crazy ...they were each paid $525,000 a year and the adroit could rip $594,000 US out

    wow to the wages ..up to $1.898 million for one year




 
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