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Bobwins

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Bobwins

Re: Bobwins post# 10254

Wednesday, 11/30/2016 9:21:47 AM

Wednesday, November 30, 2016 9:21:47 AM

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SIM.v/SIMFF C$.27

Siyata is getting closer to profits. Gross margins are improving because more of the sales are from North America vs Israel. The strong US$ will help generate a positive currency translation into C$. This is the first qtr with some US sales. They bought a company that was already selling product in big box stores. They started shipping their siyata products into the US under the Uniden brand. The company says they are bidding on some big US jobs so sales could ramp up from here. BUT G&A and sales and marketing expenses are rising faster than gross margins. Need to see those level off and sales climb to get to real net profits. Still a very positive qtr.

http://finance.yahoo.com/news/siyata-mobile-posts-record-quarter-130000253.html

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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