SIM.V - Siyata Mobile Inc


Siyata Mobile Announces Brokered Private Placement of up to CDN$3 Million in Unsecured Convertible Debentures

Les termes sont assez intéressants, je ne crois pas qu’ils vont avoir de difficulté à trouver preneurs.


Siyata Mobile Announces Increase of CDN$1 Million to Brokered Private Placement resulting in up to CDN$4 Million in Unsecured Convertible Debentures


Siyata Mobile Wins First Responder Contract Valued at Over $1.9MM

MONTRÉAL, Dec. 19, 2017 (GLOBE NEWSWIRE) – Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX-V:SIM) (OTCQX:SYATF) is pleased to announce it has won a first responder contract valued at over $1.5MM for multiple Push-to-Talk Over Cellular (“PoC”) devices, including accessories.

In addition to the devices sold, the contract also includes three (3) year recurring software revenue valued at $450k. The Company expects the contract to double in size in 2018.

Marc Seelenfreund, CEO and Chairman of Siyata Mobile, commented, “This is a major win for Siyata which will create strong momentum for both our hardware and software offerings going into 2018. We are becoming a major force in the global Push-to-Talk Over Cellular market and believe that this is the first of many large scale opportunities for Siyata in this emerging market.”


Siyata Mobile Closes CDN$4.6 Million to Brokered Private Placement of Unsecured Convertible Debentures


Siyata Mobile Continues to Grow Hardware Sales together with Software Recurring Revenue for its PoC Portfolio


Transportation Company Purchases Additional 200 Devices and Recurring Revenue Licenses

L’entreprise semble avoir du succès avec ses ventes de licences avec revenus récurrents. Ça amène une nouvelle dimension intéressante à l’entreprise.


Siyata Mobile Expands Global Distribution

Logic Wireless to Distribute Siyata UV350 and CP250 devices in Australia and New Zealand

Montréal, Québec – February 28, 2018 – Siyata Mobile Inc. (the “Company” or “Siyata“) (TSX-V:SIM / OTCQX:SYATF) is pleased to announce it has entered an agreement with Logic Wireless Ltd., (“Logic Wireless”) a specialized distributor of two-way radio products, to distribute Siyata Mobile Push-to-Talk Over Cellular (“PoC”) products across Australia and New Zealand.


Siyata Mobile UR7 Rugged Clamshell Device Now Integrated With ESChat PTT



Siyata Mobile Receives $400K Purchase Order from Leading Two-Way Radio Vendor

Montréal, Québec – April 12, 2018 – Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX-V:SIM / OTCQX:SYATF) is pleased to announce that it has received a $400K Purchase Order (“PO”) from a world leading two-way radio vendor for its connected in-vehicle cellular devices.

Marc Seelenfreund, CEO and Chairman of Siyata Mobile, commented, “We are now seeing major adoption of our 4G product portfolio with multiple customers purchasing our commercial vehicle and rugged mobile devices. Our strategy to replace aging two-way radio systems with cellular based Push-to-Talk solutions remains extremely relevant in the rapidly changing landscape of converting analog systems, such as two-way radios, to more advanced and robust cellular based systems such as PTT. We have yet to encounter any direct competitors with the dedicated in-vehicle features such as our UV350 and we are confident our experience gives us significant advantage of what we believe is a paradigm shift within the transportation industry.”

Details of the conference call:

Date: Thursday, April 26, 2018

Time: 9:00 a.m. Eastern Time

North America dial-in number: 1-877-291-4570

International dial-in number: 1-647-788-4919

There will also be a playback of the conference call, available in MP3 format by contacting investor relations below.


Siyata Mobile Reports a Record $17.7M in Revenue, a 44% Increase Over 2016

Ouf le T4 me semble assez désastreux pour quelques raisons:

  • $2.8M de ventes vs $3.9M l’année dernière
  • Radiation d’inventaire de $976k
  • BAIIA ajusté pour le T4 d’environ -$2.7M

Les dépenses d’opérations (SG&A) ont fait un bond important au T4. Le rapport de gestion souligne que la hausse est due à des dépenses marketing non-récurrentes. Cela dit, j’ai l’impression que les auditeurs ont aussi fait un peu de ménage dans la comptabilité de l’entreprise.

Au final, le BAIIA ajusté pour l’année (excluant la radiation d’inventaire) est de -$2.3M. Il y a également -$3M de développement d’actifs intangibles capitalisés au bilan et un investissement en fond de roulement de -$2.5M. L’entreprise est encore très loin de générer des flux de trésoreries positifs.

En terminant, j’ai trouvé ce passage dans le rapport de gestion:

In Q4 2017 and Q1 2018 Company began to witness a decline in demand for its 3G legacy devices (Truckfone, Voyager and 3G Amplifiers) as customers tested and approved our next generation 4G product portfolio. In Q2 2018 we are witnessing a strong lift in 2nd quarter to date sales primarily from our new product portfolio.

Il semblerait donc que le prochain trimestre (T1 2018) sera assez faible également.


Siyata Mobile Applies for Warrant Amendment


Siyata Reports on Growing Demand for 4G Devices with Multiple Purchase Orders

MONTRÉAL, May 17, 2018 (GLOBE NEWSWIRE) – Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX-V:SIM) (OTCQX:SYATF) is pleased to report the Company has recently received multiple purchase orders for its 4G/LTE devices amounting to over CAD$500,000. The purchase orders come from multiple industry verticals including; municipalities, a logistics company, a taxi service, a bus operator, and more indicating the growing demand for Siyata’s 4G/LTE Push-to-Talk Over Cellular (“PoC”) devices.

Marc Seelenfreund, CEO and Chairman of Siyata Mobile commented, “Companies from various industries continue purchasing our 4G devices and we are able to see the extent of Siyata’s reach within the emerging 4G/LTE Push-to-Talk Over Cellular market. With the recent significant developments, such as launching our next generation portfolio and receiving major industry and Government approvals for our devices, we are confident that we are on the path to be leader in this large-scale space as the PoC 4G market continues to gain traction.”


Tel qu’anticipé: Siyata Mobile Reports $3.0MM In Q1 2018 Revenue

Commande de $1M annoncée ce matin également: Siyata Mobile Receives Additional $1MM Purchase Order from Global Two-Way Radio Vendor


Siyata Mobile Sales Exceed $5M in Q2

Après deux trimestres décevants, il semble que les ventes reviennent sur la bonne piste.


Siyata Mobile Announces Additional U.S. Tier 1 Operator for Uniden® UV350 4G/LTE In-Vehicle Device

Marc Seelenfreund, President and CEO of Siyata, stated, “We are very excited to be launching the UV350 in the coming months with multiple leading cellular network providers in North America. As a first-to-market, in-vehicle cellular IoT device, the wide distribution between these carriers corners a market 30 times the size of our existing sales channels providing the potential for high impact revenue growth in the foreseeable future. Very few cellular devices can achieve the levels of certification and approvals we have received, and it serves as a strong platform to begin working with additional operators in the future.”


Le titre a repris 40%+ de son plus bas depuis le début du mois.

Volume intéressant aussi à l’approche de la sortie du Q2 vers la fin août…


Le titre a été mentionné hier dans un segment ‘‘past picks’’ avec Bruce Campbell…ce qui explique probablement le volume d’aujourd’hui :


States Experiment With Sending Distracted Drivers to Jail


5 Frequently Asked Questions With Siyata Mobile on the “Network Approval Process” with a Tier 1 Carrier