Ann: Quarterly Activities and Cashflow Report, page-3

From Ann:

Highlights:
 Received record quarterly cash receipts of $658,869, up 11% on last year’s corresponding period and
109% over last quarter
 Announced non-dilutive proposed acquisition of the mobile commerce business assets (“value-added
services or VAS assets”) of Zenvia Mobile Servicos Digitais S.A (“Zenvia”) in Brazil, adding mobile
commerce to Syntonic’s Connected Services Platform (“Syntonic CSP”)
 Smart Communications (“SMART”), a leading Philippines wireless provider with 57.7 million mobile
subscribers1
, is the first customer planning to deploy the Freeway Roaming Service™
 Commercialisation progress for Syntonic DataFlex® with the first reseller, AKTAY A.S. (“AKTAY”),
providing a US$5 million minimum gross revenue commitment for the calendar year period 2018-2021
 Syntonic enters the 2019 financial year with a robust cash balance of $5.02 million, with multiple
revenue generating partnerships now established to grow the business