Cytta Corp (CYCA)

[Flyfishing]

Well, I do agree that some communication from CYTTA would be helpful...

[Randy1111]

Totally agree. Wasted too many years listening how they were doing everything in the shareholders interest. Yeah right!! The longterm goal  with Cytta seems to have been to take care of the board members only. They had a job for all these years and didn't do anything for the shareholders.

[Johnnypancake67]

I have lost all faith in this company. They just cannot seem to get it together. All these OTC stocks seem to be the same. Mostly just hype but little or no substance.

[Randy1111]

Here we go down to the trips. Looking like a typical OTC death spiral. Should have known better when they kept kicking the can down the road . This is a POS and another "OTC shareholder disaster". 

[mrnutsandbolts]

Did we miss a quarterly report?  Haven't seen 1st quarter's.

[Flyfishing]

Wow, 775,000 shares traded, hopefully we are getting rid of those who want out. A lot of good happening behind the scenes at CYCA.

[mrnutsandbolts]

It was mentioned in some of the webinars the lengthy process of direct selling to law enforcement agencies.   Many levels of approval need to take place.   The change in approach has nothing to do with the value/importance of the technology.   It's a better and faster way to bring wealth to the shareholders 

[RMacchio]

Later today I got a note from a friend (smarter than me) invested in CYCA who explained the logic of the incubator business model. Rather than sell their products directly, a better approach might be to license the products through partnerships and spinoffs and potentially new applications. This is similar to what happened with Reticulate and is the model emerging with the BSafe/Cares partnership. Cytta will provide some of the products/capital and collaborate with other companies to build businesses that can be spun off.

Cytta has not had alot of success directly marketing what appears to be really great products so this incubator model might be the fix they need.

[Johnnypancake67]

I do not understand this move. I thought we had a great product going forward. I am losing respect for the leadership of this company. Something seems terribly wrong here. Might just be time to move on.

[mrnutsandbolts]

Sounds to me they are using the Reticulate Micro model moving forward   Rather than approaching individual law enforcement agencies we will license and cooperate with other companies to integrate our technology with theirs with the final outcome to share an equity/ownership and royalties from the relationship 

[RMacchio]

See Cytta's reorganization announcement today: Cytta Labs

I hope this isn't like the old joke about the outgoing VP handing 3 letters to his replacement - open letter #1 after the first major blunder (it says to blame your predecessor), open letter #2 after the second catastrophe (it says to restructure), and open letter #3 after the third blowup (it says to prepare 3 letters). Hopefully this isn't the restructuring stage indicating impending failure of the business model.

[RMacchio]

Anybody know what is going on? I haven't been able to even contact anyone at Cytta...

It's strange that they have gone radio silent recently. I guess with the departure of Mike Elliott they no longer felt the need to communicate - going silent after a personnel shakeup is not a good sign. I know they claimed to be pausing the video updates until they could move it over to their own platform but that note came out 2 months ago.

I heard that they were at an investor conference 1-2 weeks back pitching some of their incubator ideas. I still don't understand their incubator strategy, either because I'm not smart enough or because they haven't provided much substantive detail.

[Flyfishing]

Anybody know what is going on? I haven't been able to even contact anyone at Cytta...

[mrnutsandbolts]

I'm guessing they're putting deals together and would not want to spend the time with webinars.   Also with Mike Elliott gone his workload falls on the remaining staff.   Though the weekly newsletter is missed.     

[Randy1111]

I am guessing they're running low on cash and will soon be a prime candidate for a reverse raise to put some cash together. Hopefully not but it's acting like the typical OTC deal. 

[Randy1111]

For quite a very long time the powers that be have telling it's shareholders how much the shareholders will benefit from all the things that they have been developing and are now delivering. Well ? I assume when they were megaphoning week after week of webinars that we were getting close. Now they have gone silent. Looks like a typical way the average OTC stock treats its shareholders. I thought that the apparent transparency was a good thing. The more time passes It doesn't seem to be looking very good. 

[RMacchio]

Was Feb 28 the last update? At that update they said there would be alot of news in the "next few weeks", but we've had 2 months of crickets. Not a great way to generate interest in the stock!

[Johnnypancake67]

I hear he is a mover and can get things done. I sure hope he can get the company moving upward. Gary needs to start communicating with us once again like he was.

[Penny2Dime]

Who is the new guy?

[RMacchio]

Don't know why the webinars have not taken place lately.

Gary Campbell's recent shareholder letter had the following comment:

Please Note we are currently switching to our CyttaCOMMS technology for Webcasts rather than Zoom.
We will resume when CyttaCOMMS is fully Webcast ready.

There might be other reasons for the pause in updates... In the last update Gary Campbell mentioned they had alot of news they were waiting to release and they might be pausing updates until the news is releasable.

[Flyfishing]

Yes it's true (verified), Mike is no longer with CYTTA.
Don't know why the webinars have not taken place lately.

[Randy1111]

I guess they are slowing down on the  webinars for now. Does anyone know what's been going on lately because it seems like radio silence has taken over 

[mrnutsandbolts]

If true I would have expected a PR announcing that and a word of appreciation 

[Flyfishing]

That's my understanding...

[Randy1111]

Do you mean Mike Elliot is out? 

[Flyfishing]

I didn't know Mike but I do know Stuart and he is a bull dog. He has contacts and hopefully he can bring them into the fold.

[Johnnypancake67]

Looks like Mike is out with the new sales manager named. Does anyone know what happened? I would appreciate any feedback. Thanks.

[Penny2Dime]

Agree!

[Johnnypancake67]

We just need to be more patient, that is hard to say. One day we will look up and we will rise to new heights. I really believe we are on the right path. We have a product that works and will be in demand.

[Flyfishing]

The only stock promotion that I know of is 'word of mouth'. We are at a point that that will not be enough. There are no official stock promotors on board at this time.

[RMacchio]

I think Cytta Cares is partly to blame for the languishing SP... Cytta Cares was supposed to roll out 2 years ago but got pulled back on the drawing board for some unexplained reason, Cytta Comms seems to be getting some traction but not fast enough. If Cytta Cared has rolled out 2 years ago it would have made a big splash after the horrific school shootings in Uvalde and other places were still fresh in people's minds.

As always with small caps, the SP won't budge until they can get products out the door and bring in revenue. Hopefully the window for CYCA will still be open when they finally get stuff moving.

[Randy1111]

Would have thought with what CYCA and Reticulate have done to advance their respective companies that there would be a bump in the CYCA share price. What will it take to to inject some life into CYCA. These are questions nobody seems to want answers to. 

[Randy1111]

When oh when will this ever move up in price and volume. Been waiting for so many years hanging around, and here we sit, close to all time lows. There have been good announcements and zoom calls. It's not about lack of transparency. But what will it really take to give this a kick. Why no buyers and  why such a blatent  lack of interest . Reticulate Micro has done nothing to get things rolling when it was said for years it would. 

[Penny2Dime]

Added!

[mrnutsandbolts]

Seems Cytta now has some needed capital and a proprietary product. 
  It also has a product that many want and have begun to pay for. 
  One product with more to come and royalties as well .
   I believe they are exceeding any expectations that a small upstart company would have. 
  Seems the product is selling itself in the market place 

[RMacchio]

The blessing of owning Cytta shares is that day will one day come

I wasn't looking for a lecture on being patient but rather for some insight into Cytta's development and marketing strategy.

And investors aren't being impatient but rather they recognize that microcaps have a very limited window in which to build their business. I've invested in a few microcaps that had a great idea/product but weren't able to bring it to market quickly enough and went bankrupt because of competition or because they could no longer raise capital.

Hopefully owning Cytta will be a blessing soon before their window closes.

[mrnutsandbolts]

As I listen to the frequent webinars they have been very clear about 2 factors in the marketing of all products:
  First is the size of the company both in personel and financial resources...both which are small in size 
  Second is the importance of having all products throughly tested to the extent of perfection.  Such products which Cytta markets can only allow for a failure rate of zero. 
  I'm always amazed at the impatience of investors.  All of us would love a share price that would allow us to buy a private island.    The blessing of owning Cytta shares is that day will one day come 

[RMacchio]

One issue hampering the SP is the delay in releasing Cytta Cares... this product was supposed to be out in the market more than a year ago. I don't completely understand what they are doing w/ BSafe and what the integrated product will offer that would be different from the original Cytta Cares platform. Does anyone have insight into why they took this detour?

I also don't completely understand their incubator model and why this should be good for investors. I'm probably naive to believe that a laser focus on getting their current products into the marketplace is the best path for investors.

[Johnnypancake67]

It is hard to watch what is going on here. No or little volume on so great potential. Come on Cyca give the dogs something to chew on.

[Retire43]

You can go to Cytta.com investor page and view the latest zoom conference from February 28th 

[Retire43]

Fullscreen

[Retire43]

https://i.vimeocdn.com/video/1991693290-481c1ed5356ae2a5f398a3da4250d67aa5dc7988ad4eefd1029065f4739657a9-d?mw=1200&mh=675&q=70";); outline-color: currentColor !important; outline-style: none !important">

[mrnutsandbolts]

3 consecutive quarters of revenue growth will make us all happy 

[Randy1111]

And the share price and volume are just killing it. 

[Flyfishing]

With this explosive growth, we need to get the word out to the investment community...

[Penny2Dime]

Nice! Very promising 👍

[mrnutsandbolts]

Super impressive numbers 
  Way beyond expectations 
   Kudos to Mike Elliott for developing the revenue stream 👏 

[Flyfishing]

Are you thinking .25 or .50 or even $1.00?

[Johnnypancake67]

Things are about to get exciting here. It is only a matter of time until Cyca goes on a big run.

[Penny2Dime]

Chart building up!