Siyata Mobile Inc SYTA

RE:RE:July 28 meeting for shareholder vote.

[mitochondria]

Pandora wrote:

FirstNet wrote: 1:300 Stock Split vote... I'm not sure what 2 think right now

1 for 300?? Already had one of those this year, I certainly do not need another one. They can be killers.

I went from 30,000 shares to 100 shares. Price went up of course but it is now down over 50%.

10 cents shares x 300 would go to $30 -- we do not need that.

10 cent shares x 50 = $5  So 50 to 1 or even 100 to 1 gets us to Nasdaq levels.

The thing is they have to do it around a big news item like a big contract -- if they don't have the "big" news it just sits and goes quickly down in value. I have seen that too many times. I have had so many consolidations in the last 3 years and lost money on them all. You spend time building up what you consider a reasonable number of shares for a small cap holding and then with one stroke of the pen they wipe it out.

And then the arrogant experts say quit bellyaching - your value hasn't changed. So you go from 30,000 shares to 100 shares and you have no flexibility at all -- but that's not supposed to matter because on a 10 cent stock you still have a value of $3000.  but only comprised of "100 shares".

Been through a number of rollbacks myself it has never been a pleasant surprise. I always wished the shareholders would vote " you've got your rollback now fire the CEO responsible and we'll try one more time"