NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: S
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Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) on Tuesday announced that it has filed its Q1 2020 financials and provided details on an investor conference call it will host on Thursday, July 2, to discuss these results followed by a Q&A for investors. “In line with our aggressive expansion initiatives within North America, we are seeking approval from our shareholders to make certain changes to our share structure and constating documents which will allow us to file an application to list our securities on The NASDAQ, which we are confident will open Siyata to investment from the thousands of microcap funds, family offices and retail investors based in the U.S.,” Marc Seelenfreund, CEO of Siyata Mobile, said in the news release. “We look forward to continuing to press forward with the vision of building a profitable, growing business that will generate significant shareholder value. We will retain our listing on the TSX Venture exchange.”
In addition, Siyata Mobile on Tuesday issued a letter to its shareholders to provide a business update and recap a number of achievements. “Over the past twelve months, Siyata has achieved a number of transformational milestones that are integral to our vision of becoming a global leader in designing and developing Push-to-Talk over Cellular devices as well as cellular booster products with a focus on enterprise customers and first responders,” Seelenfreund states in the letter. “We have executed on a number of initiatives, including an appointment of a seasoned telecom and enterprise VP Sales executive for the AT&T account, key telecom sales veteran hires focused on key accounts in the US market, enhancements to our product portfolio, a new geographic focus on the North American market, new methods of distribution, as well as critical new wireless carrier partnerships. In addition, COVID-19 emphasized the need for better communication products primarily for first responders, resulting in a positive impact on our sales and interest in our various product lines.”
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