Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) on Tuesday announced that it has filed its Q1 2020 financials and provided details on an investor conference call it will host on Thursday, July 2, to discuss these results followed by a Q&A for investors. “In line with our aggressive expansion initiatives within North America, we are seeking approval from our shareholders to make certain changes to our share structure and constating documents which will allow us to file an application to list our securities on The NASDAQ, which we are confident will open Siyata to investment from the thousands of microcap funds, family offices and retail investors based in the U.S.,” Marc Seelenfreund, CEO of Siyata Mobile, said in the news release. “We look forward to continuing to press forward with the vision of building a profitable, growing business that will generate significant shareholder value. We will retain our listing on the TSX Venture exchange.”
In addition, Siyata Mobile on Tuesday issued a letter to its shareholders to provide a business update and recap a number of achievements. “Over the past twelve months, Siyata has achieved a number of transformational milestones that are integral to our vision of becoming a global leader in designing and developing Push-to-Talk over Cellular devices as well as cellular booster products with a focus on enterprise customers and first responders,” Seelenfreund states in the letter. “We have executed on a number of initiatives, including an appointment of a seasoned telecom and enterprise VP Sales executive for the AT&T account, key telecom sales veteran hires focused on key accounts in the US market, enhancements to our product portfolio, a new geographic focus on the North American market, new methods of distribution, as well as critical new wireless carrier partnerships. In addition, COVID-19 emphasized the need for better communication products primarily for first responders, resulting in a positive impact on our sales and interest in our various product lines.”
Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular (“PTT”) devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to improve communication, increase situational awareness and save lives.
Its portfolio of enterprise cellular booster systems enables first responders and enterprise workers to amplify cellular signal in remote areas, inside structural buildings where signals are weak and within vehicles for maximum cellular signal strength possible.
NOTE TO INVESTORS: The latest news and updates relating to SYATF are available in the company’s newsroom at http://nnw.fm/SYATF
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork