Although we haven't heard much on the Tata front due to the delay of launching the freeway on their end, even after paying the upfront licensing fee to Syntonic. The news of Deepak Mittal ( Head of Strategic sales at Tata ) & the Vice president of Tata Shailesh Gupta and his family ( Gupta clan) all holding a total of over 83 million shares on the top 20 shareholder list gives me confidence that:
a) They see value and believe in Syntonic and their technology to invest and hold sizeable parcels.
b) This gives me signals that they will do everything in their power to make sure the launch of Freeway will be a success in SEA, despite the delay.
And yes we have Rudy Gadre & Owen Van Natta former executives of Facebook as top 20 shareholders as well.
All this is on top of management holding over 36% of the shares ( plenty of skin in the game)..
I am quietly distilled with confidence ..What about you guys?
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Although we haven't heard much on the Tata front due to the...
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