Ann: Trading Halt, page-39

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haggis

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13/12/18

15:27

Post #: 36849481
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Originally posted by GL77 ↑

I emailed IR on and received a reply on the 25 October, 2018... (not even 2 months ago)

Note what I have put in bold and underlined below:

Dear Mr......,

Many thanks for your email and support of Syntonic.

For the recent quarterly, the management team provided updates to the status of its products where material updates had occurred during (or post) the quarter. DataFlex continues to form a key part of the Company's offering. Any material update on DataFlex will be made via the ASX.

Syntonic has no plans for a capital raise at present.

The management team remains focused on operational progress and revenue generation. In the recent quarterly, Syntonic reported quarterly (unaudited) revenue grew significantly to reach A$988,861. This was a 105% increase on last year’s corresponding period and a 147% increase on the previous quarterly period. Excluding one-time acquisition costs, the Company’s operating expenses during the September 2018 quarter were 15% lower than the June 2018 quarter.

Best wishes,

Syntonic Investor Relations

This is very disappointing to say the least.....

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GL77 You may have had a case for being given misleading information if they had said, they had no plans to raise capital in the future but as they said at present I think as far as legal speak is concerned they have it covered.

SYT Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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Ann: Trading Halt, page-39

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