SYT 0.00% 0.1¢ syntonic limited

This is a useful and important announcement, and clearly shows...

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  1. 432 Posts.
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    This is a useful and important announcement, and clearly shows Syntonic is headed in the right direction. However once again the non holders dominate the discussion with their avalanche of negative posts. Their continued obsession with Syntonic and their endless time to post on it’s thread is an interesting fact in and of itself.

    One of the main problems as I see it, is the disconnect between Gary and his vision, and investors desire for immediate revenue. The problem is, in order to bring about the large revenue that investors want, the network effects have to be established first. That is done via the land grab. It’s essential as with a larger footprint we become a greater value proposition for content providers, and the deals we sign will be larger and on better terms as a result. It also helps to derisk us, as we won’t be reliant upon any one carrier or country. We will be a truly global company!

    The land grab is going incredibly well imo. There are 2.3 billion smartphones in the world, and we currently have a global installed base of over 25 million smartphones. Think about that for a second. In 6 months Syntonic has reached a market penetration of over 1%! They have committed to achieving over 2% by the start of next year. That’s not talk, but action! Gary also said in the last webinar that these figures were based upon the current deals. It’s not factoring in any new deals that will be signed this year. He also said that the Verizon sdk was only royalty bearing by approx 10% of the Verizon sdk’s. At full implementation considering our current revenue you can start to see just how big this deal is for us. Huge

    The Verizon deal is a massive coup for us for a number of reasons. It brings in revenue today, gives us credibility when we negotiate with carriers around the world, and shows that our platform can perform reliably at scale. This is important as it shows our potential customers that our platform can meet and exceed their operational requirements. Verizon is not only our biggest customer at present, but is also our largest proof of concept as well. We know this is starting to bear fruit. Look at the white label deal with WX data in China(essentially 93 deals in one) and the twenty carriers who are keen to white label our traveller app as per Rahul’s comments in the last webinar.

    Deals with large companies are slow. Generally 12-18 months to negotiate and implement. Look how long it takes with companies such as OBJ, FGO etc to start to see revenue from their deals. Ours is paying revenue now FYI. And yes a company can have a large market cap, with little revenue. Look at UPD, ISX, GSW, FGO etc...it’s perception and belief in the future that matters. I believe as strongly in the business model of Syntonic as I ever have, and have recently bought more and will continue to do so. The continued talk of Syntonic being finished is complete rubbish and reminds me of the quote from Mark Twain: ‘The reports of my death are greatly exaggerated.’

    This year will be huge and transformative for Syntonic imo. We have the traveller app, Dataflex, data analytics and global expansion to look forward to. It would be nice if certain posters realised Syntonic is not purely a data rewards company, and that is just one iteration of sponsored data. Not to mention it looks like we are on the cusp of having a renegotiated deal with Tata to come as well.

    Always DYOR.

    GLTAH
 
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