SYT (ASX) Resolution 2

Originally posted by huntfish: ↑

You claim to hold, yet ask for something of that nature off other shareholders?
A different scenario to what you’re trying to paint, but what if management do get us to cash flow neutral and even slightly positive by first up next year?
Would you not want even faster growth of our platform in as many countries with as many telcos as possible?
It will mean SYT is growing and I can guarantee you we won’t be sitting at .005, or lucky to be under 1c by that stage
But then that may represent global major growth and to grow even faster and create a larger team for more regions of commercial launching taking place, we may need more capital to begin expanding faster with a solid base of incomings already being achieved
I find it hard to believe as a shareholder in a tech stock you would prefer we just try and get by with what we have, rather than scaling out the platform even faster if the need arises and requires even more capital, although cash flow neutral
SYT isn’t thinking small
In fact, the exact opposite
Global and large scale with a carrier grade platform
I’m with Ricardo on his statement
People are still just seeing us as some little company when really we are a ‘small big company’ growing behind the scenes within the mobile ecosystem

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Responses in RED:

You claim to hold, yet ask for something of that nature off other shareholders?

Really? - You claim to hold and look forward to further dilution of your investment!

A different scenario to what you’re trying to paint, but what if management do get us to cash flow neutral and even slightly positive by first up next year? Would you not want even faster growth of our platform in as many countries with as many telcos
as possible?

Capital does not equal market validation. Focus on building a business that makes money before raising capital - unless you absolutely, positively, cannot do so without it, i.e. you cant pay the bills.

SYT want to run before they can walk. How about they show the market that they can operate a sustainable business and give some ROI to investors before putting their hands out again.

I’m with Ricardo on his statement People are still just seeing us as some little company when really we are a ‘small big company’ growing behind the scenes within the mobile ecosystem.

SYT is a little company... with delusions of grandeur.

VOTE NO TO RESOLUTION 2!