SYT 0.00% 0.1¢ syntonic limited

"You wonder why Tata/Opari with its reliance on Syntonic...

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    "You wonder why Tata/Opari with its reliance on Syntonic technologies didn't think it would be a wise move to participate in the last funding round to build up a stake in the company, to help protect its self going forward. I mean $2 or 3 Million to Tata is like small change."

    People still seem to think it's some kind of accomplishment spending millions of dollars developing software and then handing it out for free.


    Their "buisness" is literally:


    Hire a bunch of cheap programming labour in India, walk around trade shows offering free software to telco subsidiaries until someone says why not free is free I guess. Make millions creating the product because you own the programming sweat shop and pay yourself a few million each in salaries each along the way. Wait until the telco realises your software is rubbish and scraps the platform or for the trial to end.

    Rinse, repeat.

    Truely genius if your only goal is generating announcements and cashing an inflated wage and you have no interest in actually turning a profit.
    Last edited by Jimjamzzz: 15/05/19
 
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