There is a big difference between limited and NO marketing. I feel like the feedback I have had from them is utter BS.
Thank you for your note to us.
Freeway Overpass is available on the Google App store to all Verizon and AT&T customers today. This is not a beta product, but a fully functioning commercial service. However, due to the US holiday in early July and our iOS release in mid-July, we are limiting our marketing activities for driving awareness to this service. We will use the next couple of weeks of limited Overpass distribution to help better refine our pricing and app bundles in anticipation of our extensive market campaigns starting in early August.
As for the margins, we have ~12 bundles each for 3 different subscription durations (day, week, month). Gross margins are projected to vary. Rather than providing projections, we will have actuals in a few months’ time that will give a better assessment of this new revenue model.
Many thanks,
Syntonic Investor Relations
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