Have to agree with you. I don't normally guess on quarterly figures, however the indications are very clear and stated by the company which point to near static revenue this quarter which is to be expected on info released either in announcements or IR emails.
1. Verizon were slow to take up the installations onto the phones
2. Verizon set targets have NOT been breached for the early SDK usage on apps
3. Verizon now hosting the CSP services on their own server which takes away that revenue to Syntonic
4. One off Verizon license fee from last quarter (approx $200k) reduces figure.
5. Overpass marketing has been minimised to a trickle as they focus on language and installation partnerships in further continents.( between Black Friday and Holiday Period takes in 40% of electronic annual business revenues which has been bypassed)
Outside of the revenue expectations there is going to be a few announcements in the coming month relating to Overpass app, OTT and International phone. There will be a few communications to confirm advances for the build up to MWC and will be in a good position with Verizon installation numbers by then and projections for the year.
The company says Content is king, the market says revenue is king
I'm holding off to the end of the month to buy back in, if it goes up then bonus anyway.
CC
SYT Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
