Value Microcaps Zip Code Changers

[dr_airtime]

SIM.V/SYATF - notes from presentation today..

...Arlen at a US Microcap conference. Only incremental or important points to Siyata story:

- Recently two-way radio activations reached an all time low (didn’t catch more than that)

- Had never heard from Arlen before that Push-to-Talk is actually cheaper. Two way radio you still need to pay for bandwidth as an enterprise customer. Have to build your own towers, etc for you own network. It is simply not economic to build your own two-way radio network. Lower upfront costs (don’t need to invest in old two-way radio tower network), and lower opex as I guess you are piggybacking off existing cell tower infrastructure.

- They think the cell phone boosters will be a good market for the rest of the year. Seeing a flux of sales now from Covid 19. Also think that first responders will need boosters in rooms with low cell coverage in buildings for example.

- I asked a a question on 2020 sales and they have announced $8m of orders since Q4. It sounds like this $8m includes the large $3 to $5m government tender. 10-20% of $3-%4mm should be booked in Q1 and 80-90% booked in Q2 from $3 to $5 million in sales. (all those numbers are $CAD)

- No supply chain or logistics issues from Covid 19 so far. Commercial vehicle market will be on pause now unfortunately from Covid 19 as they are struggling.