Looks like you are getting a good feel for the company.
Keep in mind that the products SYT have developed are designed to be used by Telcos and white labeled such that SYT have a suite of products that enhance revenue for owners of network infrastructure. Therefore the more telcos the more revenue.
SYT materially is a provider of an end to end solution for non hardware specific network stacks that integrate into multiple access points in a potential global virtual network. It has created a virtual global sim for data (see recent presentation showing traveller app starting up in a phone with no network access or connection). Consider that a user of a Verizon phone can access a network in Turkey and Verizon can still maintain the billing and ownership of that client.
Really, stop and think what that does to international communication. Jump on a plane, establish a communication hub for individuals or business and be billed in the USA or your home country.
Once SYT is partnered with telcos in every jurisdiction, economies of scale open and additional opportunities arise.
What would be the value of a company that is able to access the globe through multiple networks for say distribution of content world wide through the mobile network and what opportunities are there for new developments to the network.
The traveller app again IMO is a proof of concept. The real benefit comes when actual app developers get the message and every new killer app used the SYT SDK for global distribution and SYT clip the ticket!
We don’t have to develop the apps just provide the platform for global mobile communication.
All IMO
SYT Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held