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Siyata Mobile Inc SYTA

Alternate Symbol(s):  SYTAW

Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 4G mobile networks. The company offers rugged phones for industrial users and signal boosters for homes, buildings, and fleets with poor cell coverage. It acts as a developer and provider of cellular communications systems for enterprise customers, specializing in connected vehicle products for professional fleets, marketed under the Uniden Cellular brand. The company serves cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia, and the Middle East. The majority of the company's revenue comes from Israel.


NDAQ:SYTA - Post by User

Post by NineLiveson Jul 10, 2024 8:34am
107 Views
Post# 36125935

Quite Amazing

Quite Amazing

How much this stock has dropped again following the last roll back. Lost track of how many roll backs they've done (10, 20). It's certainly fascinating watching this company avoid the death nells on so many occasions but the cash burn rate never ends.
Could write a thesis on SYTA, or a plain book.  

This company is right up there with DGLY as in they have the sales but can't control expenses. So either the business model is bust or the management is. Product is good so who knows.

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