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Bobwins

11/28/18 10:49 AM

#10493 RE: Bobwins #10492

SIM.v/SYATF +.06 to C$.56

woohoo! Siyata is moving. 1.3 million shares traded so far today. Who says promotion doesn't help. Of course this is well below the recent highs. In mid 2017, Siyata hit C$.70 but has been sliding down as the testing and approval took way longer than the company estimated. Each delay discouraged more holders. Finally in the last two months they got Canadian and US Tier One carrier approvals. So actual sales should start in early 2019 and boost 2019 to the 30 million sales rate from the 2018 level of 18 million. The goal of the company is about 100K physical units/yr, which would result in total sales of around C$100million. Of course, if the Motorola name were attached to the same unit, it would probably double sales.