SIM.v/SYATF indicated higher in premarket due to PR regarding large contract signed to provide first responder equipment. Siyata is on pace to hit their guidance of C$20million for 2017 so this is a signficant contract size. Imagine how many First Responder contracts are out there to win plus all the commercial fleets.
There are several questions left unanswered from the PR.
1. Where is the sale? Is it in Canada or the US?
2. What about cell network approval? Siyata has yet to be certified by either US or Canadian cell networks with their 4G devices. This sale must be contingent on approval.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
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