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Siyata Mobile Inc SYTA

Alternate Symbol(s):  SYTAW



NDAQ:SYTA - Post by User

Bullboard Posts
Comment by hrgoyalon Jun 13, 2020 1:51pm
171 Views
Post# 31146946

RE:From the conference call on Friday

RE:From the conference call on FridayThis is not the first time Marc saying this. He has made similar statements in the past also. In the past he told that he will come to the market to raise fund if he is selling 100K units per years but he has come to market it least 4 time to raise funds since then.

The unit sales from 30K to 12K is due to the fact that he want equal numbers signal booster and rugged handset  units also to be sold. SIM needs minimum $20M per years revenue to be cash flow positive that too if they don't increase their cash burn.
Bullboard Posts