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banksy808

4,125 Posts.

362

22/01/18

10:02

Post #: 30457696
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Originally posted by Jimjamzzz ↑

"Raul could have maintained his software development firm and earned more than the income he and his company is receiving. Both he and Gary could have sold the concept to a bigger company and sat back and received real cash."

RA has kept his "offshore dev company" (outsourcing coding to India) and SYT pump over 750k+ a year into it's coffers.

No one knows wether or not anyone would have paid for for their "concept" or how much.

"Much easier and generally more profitable to be paid as a consultant."

Full time Director roles are almost always sub 200k let alone a part time "consultants" wage.

They are earning $400k a year with KPI's and 3-5 million in shares each. Snouts are in the trough all right, time will tell if it's a dine and dash or not.

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"RA has kept his "offshore dev company" (outsourcing coding to India) and SYT pump over 750k+ a year into it's coffers."

fascinating

where in the annual report is this?

SYT Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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