Our company was formerly known as Cluxton Corporation. It was founded in 2008 by William Cluxton in Seychelles. The company specialized in sports books and online gaming. Our Operating Headquarters is in Seychelles and our dui diligence office is in Washington D.C.
Mr. Cluxton financed our business with loans that amounted to $6 million. This money covered the development of our software and operating expenses. He eventually exchanged some of the loans for additional stock in the company in 2011. In 2012, he forgave the $3 million remaining balance for a contract that rewards the founder based on the company’s revenues and profits.
He formed Symulto Corporation in 2015 in the United States by acquiring all the assets and liabilities of his former company. Mr. Cluxton currently serves as our CEO. The rest of our senior management is comprised of Roger Johnson as president and Sandy Buell in VP Administration.