Siyata Mobile Inc SYTA

Highlights of Conference Call (June 12 @9am)

[Nogah3]

Hi all,

Here are some notes I took:

• Sales pipeline is $40million already and they are very confident that they can convert at least 50% of that into revenue by end of year since they include customers who already tested the UV350
• 80% of the pipeline comes from AT&T and 1st Net
• To be cash flow positive they need revenue of $5mil/quarter which they demonstrated in Q3 and are very close to making this sustainable
• The sales outreach is primarily that of the phone carriers (which I think is cool because it offloads need for the company to hire its own sales people)
• Siyata primarily sells to phone carriers. Phone carriers then subsidize the UV350 and handheld to the customers as promotion
• The company is very picky about who they hire for sales force (respectable). Getting an agent dedicated to working with Verizon is high priority and will open new pipeline,
• They are in talks with big steel and lumber companies who have lots of trucks
• They are open to approaching Canada post and other delivery companies, even open to having companies request custom push to talk device for them
• They will revamp their website to be more clear to first responders how the UV350 is applicable to them
• They will see higher revenue from Europe, Australia, Latin America but North America remains focus
• The company understands share dilution is bad and hence why seeking financing from Bank. They already have $1.5mil loan and said this will grow once cash flow positive this year
• The CEO understands shareholders are pissed and will work hard through revenue realization and being transparent about new contracts through press releases coming soon

[hrgoyal]

Good notes. Thanks But 40M is only potential sales pipelin and NOT order pipeline. Out of $40M, only $20M has trials with one or more UV350 unit. Siyata expect 50% of 20M as converting in to order by year end. Yes phone carrier subsidize Siyata product for recurring mobile data fee for years to come. Siyata will be in the market for more money every Q

[investoil9]

"The company understands share dilution is bad and hence why seeking financing from Bank. They already have $1.5mil loan and said this will grow once cash flow positive this year" Share dilution isnt bad Marc.  Especially with an engaged leader like yourself who is actively buying along with the directors all the cheap stock they can in an incredbily undervalued company.