Siyata Mobile Looks Ready for a Breakout

Siyata Mobile Looks Ready for a Breakout
Update 10:49 AM EDT- Siyata on the Move, Up Over 12% With News Out!

Siyata Launches Next Generation Push-to-Talk Over Cellular SD7 Device on Verizon Global Network – Full Release

Low float, trading in a tight range since February, 16% of the float sold short with 100% utilization. (Data from ortex.com)

Siyata Mobile (SYTA) Has the Products and a Management Team Ready to Penetrate the $50B PoC Telecommunications Industry

Orders from tier one US wireless operators has begun.

Siyata has been trading in a very tight range since February, 2022 and we think could be on the verge of a technical breakout.

Good day everyone,

Siyata Mobile Inc. (NASDAQ: SYTA) is a B2B global vendor of next generation Push-To-Talk over Cellular (PoC) devices and cellular booster systems.

Current price $1.11/share (as of market close 6-6-22)

SYTA is one of the small cap companies that has stayed under the radar of many investors, but all indications are that they are about to become much better known. Operating in the massive telecommunications sector is tough, the competition is comprised of some huge companies, but SYTA has developed a product line that seems superior in their niche within the sector.

Why I like STYA and think a near term bounce is at hand:

Shares are trading 23% off their recent (March) high.
Trading below book value.
Global in scope, operating in the United States, Canada, Europe, Australia, and Middle East.
Offering a comprehensive portfolio of products in the PoC communications market.
Working with top channel and distribution partners like Verizon and AT&T.
Siyata is disrupting the legacy 2-way radio industry.
The total addressable market for SYTA products is $50B.

SYTA is cashing in on the transformation taking place in first responder, public transportation, and commercial vehicle communications. For many decades, the method of communication for those customers was the 2-way radio, a limited method. After 9-11, the U.S. government gave AT&T $100M to create FirstNet, a high bandwidth 4G LTE network designed for first responders, which became operational in 2012. The transition from 2-way radios to the new Push-to-Talk Over Cellular (PoC) technology has been gradual but is now hitting full stride.

SYTA has jumped into the PoC market with both feet, discontinuing their legacy products and placing their full focus on their new state of the art product line. In Q122 the company advised it received a $2.2M order from a “Tier 1 US wireless operator” for SD7 & VK7 units (see below) and that’s an effective way to start a transition.

SYTA statistics:

FYE December 31
Mrq reported March 31, 2022
Outstanding shares 14.2M
Shares in float 11.7M
Cash (mrq) $9.2M
Book value (mrq) $1.20/share
Revenues (FYE21) $7.5M

As part of your due diligence, I urge you to view this recent video interview with CEO Marc Seelenfreund. Also look at this comprehensive company presentation that is posted on the company website and note the vast experience of the management team within the telecommunication industry.

The inherent strength of the company lies in their products that have been specifically designed and manufactured for First Responders and others operating in rugged environments. SYTA operates with three product categories within the FirstNet market:

Phones – The Siyata SD7, the Uniden CR7, the Uniden UR5. The Siyata phones have all the benefits of push to talk over cellular with the same usability as a traditional two-way radio. Led by the new SD7 with rugged construction designed to protect against dust and debris with clear communication in the presence of background noise.

In vehicle units- Siyata VK7, Uniden UV350, Uniden CP250. This segment is led by the recently launched, first in class, innovative in-car VK7 solution that pairs with their SD7 phone.

Signal boosters- Uniden U60C, Uniden U70P. If your home, office building or operations are in an area plagued with weak cellular signal making it difficult to have a mobile phone conversation or to use mobile data, then a Uniden® Cellular Signal Booster is the answer.

This week SYTA shares crossed their SMA20 of $1.07 and hit their SMA50 of $1.12/share before landing at the current price. The chart below not only indicates the beating that small cap tech stocks experienced this year but indicates several bounces from the bottoms indicated.

About Siyata

Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular (PoC) 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 increase situational awareness and save lives. Its portfolio of enterprise grade and consumer cellular booster systems enables first responders and enterprise workers to amplify cellular signal in remote areas, inside buildings where signals are weak and within vehicles for the maximum cellular signal strength possible.

We will be back with more soon,

The Traders News Team

Privacy Policy and Disclaimer
Your Consent
By using our site, you consent to our online privacy policy and disclaimer.
Do we disclose any information to outside parties?
We do not sell your information to anyone.
What information do we collect?
We collect information from you when you subscribe to our newsletter or fill out a form on one of our social platforms. This includes your email address and or mobile phone number.
When registering on our site, as appropriate, you may be asked to enter your: e-mail address and or mobile number.
What do we use your information for?
When we collect your email or mobile number it is used for one purpose to send you the information you requested about small cap stocks. Please read our disclaimer carefully before viewing our emails.
Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, other than for the express purpose of delivering the information on small cap stocks that you requested.
We send periodic emails
The email address you provide may be used to send you information, the small cap stock reports you requested, respond to inquiries, and/or other requests or questions.
How do we protect your information?
We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, your email address. We use secure third parties to send email and sms messages to you.
Because we value your privacy we have taken the necessary precautions to be in compliance with the California Online Privacy Protection Act.
Online Privacy Policy Policy
This online privacy policy applies to information collected through our website and social media platforms.
Contacting Us
If there are any questions regarding this privacy policy or disclaimer you may contact us using the information below.
Editor@TradersNewsSource.com
Traders News Source is a wholly owned subsidiary of Traders News Source LLC, herein referred to as TNS LLC.
Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use.
Please Note: TNS LLC and its employees are not a registered investment advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.
Release of Liability: Through use of this website viewing or using you agree to hold TNS LLC, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TNS LLC encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TNS LLC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead TNS LLC strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. TNS LLC is compliant with the Can Spam Act of 2003. TNS LLC does not offer such advice or analysis, and TNS LLC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.
In preparing this publication, TNS LLC has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The owners and operators of this website have been compensated twenty thousand dollars cash via bank wire for our distributed opinions on syta to last through 6-7-22. The advertisements in this website are believed to be reliable, however, TNS LLC and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. TNS LLC is not responsible for any claims made by the companies advertised herein, nor is TNS LLC responsible for any other promotional firm, its program or its structure.
TNS LLC is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA. TNS LLC is not a Broker/Dealer and does not engage in high frequency trading.