Value Microcaps Zip Code Changers

[Bobwins]

SIM.v/SYATF +.025 to C$.385

https://kincommunications.com/siyata-mobile-sales-exceed-5m-in-q2/

PR says $5million Q2 sales vs C$3million in Q1. Was expecting continued low sales until they get approval from Tier One Carriers in Canada and the US for their new 4G devices but apparently they got orders ahead of the approvals. Either the companies ordering these new devices are extremely confident of the upcoming approvals OR Siyata gave them an extra discount for ordering early. We'll find out when the financials are published.

I am guessing that the gross margins will be less than normal. August is the first month that Canadian Tier One approval is expected. Siyata needs this approval badly to indicate that their device is approvable and that US approval is likely.