Siyata Mobile Inc (SYTA) Share Price

Another Promo RE the merger: https://247marketnews.com/tiktok-tik-tok-siyata-mobiles-160m-merger-is-on-the-clock/

There is so much BS in here it is embarrassing.

That's good news.

Another paid promo "news Article" out today: https://www.otcmarkets.com/stock/SYTA/news/247-Market-News-Siyata-Mobiles-160M-Core-Gaming-Merger-Ready-to-Rocket-in-the-126B-Gaming-Arena?e&id=3223729. Concerning statement about "low Float under 4M shares" indicates still more dilution going on behind the scenes.

I wish they would publish the financials of Core gaming instead of paying for promos. If the financials are what they infer they are, the publishing of those would send this to big gains. That they refuse to do so makes me feel like the financials are not good.

6K filed ... SYTA deal with Fotrune 100 company to develop new product.

Yes. MARC SEELENFREUND., an individual residing at 4a Nachshon Street, Raanana, Israel (https://www.sec.gov/Archives/edgar/data/1649009/000121390020023370/ea125930ex10-1_siyatamobile.htm)

He is a graduate of Bar-Ilan University in Ramat Gan, Israel

Does that include the CEO of SYTA?

The "top brass" all live next to each other in Israel.

🤔Tinder??

GL!

Im curious as to how Siyata happened to hook up with CORE.

It’s an Aitan Zacharin enterprise as we both realize (speaks volumes in itself)🧐

Many questions and very few certifiable answers is always the reality with him any/everywhere with him.

Look to his past elsewhere (GCAN for one) to see the future here and trading accordingly is always the only way to play.

GLTA

Is the Company withholding material information relating to the Merger? Much hype about the value of Core Gaming but the updated financials of Core Gaming are being withheld. No way can those financials not be considered material info.

What we do know is that the financial model of Core Gaming appeared to be falling apart, but any confirmation of that would be subsequent to the Q2 financials provided in the merger announcement. We are Q3 and Q4 beyond that now and it is troubling that they are being withheld.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001649009/000164117225005573/form20-f.htm

F20 filed today.

And dropping?

SYTA, new 52 week low

A reverse merger must be signed off by finra and finra will not sign off until they get the updated financials from core gaming. Car gaming has refused to supply those to us to date so we assume they don't have them. That's going to be a problem.

A reverse merger can take 30 days or even less. Officers signed off on this a short time ago but not sure of exact date.

I don't know why. So they are still diluting even more.

Thanks for the info.

Why cant you exactly?

Response from IR

Approx 3.6 million shares and we will formally update when we file. (share count)

I can't. Would you do it and report? Thanks.

Reach out to Brett at their IR. He will tell you the current OS, usually responds within a day

Wondering why this company, who is going through continual dilution these days, will not update or disclose the current O/S in a timely manner....specially when the merger calculations make that material information. Every dilution makes the dividend less on a more pronounced basis than normal..

To FOMO or not to FOMO.

Maybe its the market crash jitters holding it back.That could be part of it, but the start of the decline superseded the overall market drop.

Even CORE stated they based their analysis on the representations CORE made to them about future results.
I meant "Even Valuescope stated they based their analysis on the representations CORE made to them about future results." Hopefully, that was obvious, but there are always those who attack for such a typo. Glad that hasn't been the case yet.

Thanks. Definitely need more. Not many jumping on this stock merger news. They should stick to what they do best and sell first responder equipment. This stock jumped to 2.92 from .75? in a few days on news. That would be 29.20 with reverse split. Share count much higher but divide 29.20 by ten you still get 2.92 instead of 1.7s. Maybe its the market crash jitters holding it back.

Aitan spends the whole time saying that Valuescope has indicated what the future value and profits of CORE Gaming will be, when it is in fact merely the representations of CORE. Even CORE stated they based their analysis on the representations CORE made to them about future results.

FINRA could take from a couple of weeks if everything is clean to never if there is something fishy. Note: they never "approve" anything, at best they allow it to go forward. Since CORE Gaming refuses to publish it's stale financial statements, I am leaning to the "never" side for approval. And if it turns out those statements ARE available and they are withholding that material information from shareholders and the public, look for the lawsuits to quickly follow.
.

Only news I saw was 24/7 Market News. What lies are you referring to? Im hoping for some sorf of jolt in order to dump. Need some big SD7 action like big govt contract. Stuck here until merger closing if it does. Im wondering if it not closing would actually give PPS a boost. Closing this quarter could mean end of June. Im not versed in SEC approval time for merger but I assume the worst.

Aitan (CORE) just put out another PR. While he touts the company, presents a troubling amount of lies. VERY concerning. Thinking about dumping my !.89's and taking my loss.

Made the BUZZ CLOUD today, but red unfortunately.

The ? was to say that this was based on the price at that time ($1.55) and that it always changes so the calcs are only good for that price point.

The math based on $1.55 is:

Assumed market cap at Merger 178,000,000
Assumed current Price per share 1.55
Current Diluted Outstanding shares 3,364,978
Purchase shares 103,225,806
Dividend shares 8,104,556
Outstanding Shares at time of merger 114,695,341
Total shares to 10% 11,469,534
Dividend ratio 2.4085
Price per share at Merger 1.5519
Value of current shares at merger 5.2898
percent of merger Value to current price 341.28%

Can you do the math on that. You show a question mark.

$1.55? 114,695,341 shares OS at Merger?
Ouch!

PPS held up pretty well considering the stock market plunge. I should have used a plunger on this at 4.00. Minor news story seemed irrelevant.

Picked up 3,000 today @ sub $1.90.

This is a dice roll for me. I'm really upset that CORE Gaming is not providing the latest quarter financial statement. Got a bad feeling that their previous representations are not supported by the statements.

As I said previously, this dilution has a huge impact. At today's close of $2.10 and the new OS of 3,364,978, the current dividend is 1.51 shares. And it appears there will be more dilution before the merger.

Similar company Sonim received 4 dollar buyout offer. T-mobile should buy SYTA. No merger mania here so far. Will it ever see 6.99 again.

As of the date of issuance of these financial statements, the total outstanding common shares is 3,016,519.
As of the date of issuance of these financial statements, the total outstanding Class “C” preferred shares is 622. That means the diluted OS at the date of issuance of the financial statements was 3,364,978 using today's price of $2.10 in calculating the conversion.

Well, the investors virtual conference hasnt helped so far. Great day to present with DJ down 1500. Stock moved up to 2.47 yesterday, but cant hold gains. At this point I suppose its up to regulatory approval to create a spark. The presentation was quite garbled on my device, but there was nothing new for followers.

I discount everything 24/7 Market News says. They are a paid promotion site masquerading as a "news" site. They were paid $2,500 to publish that "news" story.

It's not really math. Enterprise value is just a multiple of revenue. They project 2026 revenue at 240M so the EV multiplier they are using here is about 4. That is possible....depending on about 20 favorable assumptions and projections from CORE Gaming AKA Aitan the bullshitter.

And I call bullshit on this PR.

Revenue of 963,000,000 prediction for 2026 in 2/47 Market News article today. Lots of math in that story. Lots of confusion in my head.

I think Siyata itself is going down....fast. The value here is in the merger, if it happens. Core Caming has projected it's revenues at $145.8M in 2025 and 240.5M in 2026. We need to see at least one more quarter's financials from CORE Gaming to see if that is even realistic. For some reason, the annual statement should be available but is apparently being withheld from us. Which is strange because FINRA will want them before they approve any merger. Has me a bit concerned.

Could use some revenue guidance from company about Q 1 that just ended. Not many new SD7 deals announced for some time.

Financial info is not very good. They are out of cash for one thing.

Q4 and full year financial to be announced on Monday Mar 31 2025 after market. Noticed 26k share sale today at 1.98 ... big chunk of change.

SYTA just jumped to 3.67 the other day, so is a target of 4.00 adequate.

First of all, I do not think Siyata is worth more than that on it's own. Were this announced merger fail, I think any perceived current value in Siyata would collapse. However, what Siyata is worth is of little consequence in evaluating the merger price as the "worth" of Siyata post merger is prevalued at $17.8 M in that deal, far eclipsing it's current market cap. Thus it all gets to 2 things: Do you think the deal would go through and what you think the post merger metrics will be ( Value of Newbyera, amount of dividend and premerger OS.). Of course, If the deal fails, which is a possibility, this conversation is Moot.

Honestly, it is just about what you think will happen. I am not optimistic knowing what I know so I choose to be in a position of win/no-lose. That is just me. I believe anything above that will put me in a position of losing a lot initially while I hope i make it up and more via the dividends. Maybe I could be more optimistic if I knew the details of the Moremo/Newbyera/Core Gaming agreement. There is simply not enough information to know if the rug will not be yanked from under us before we get more info from Core Gaming in the form of financials, and that first assumes they meet their "projections". I had already stated that I felt Newbyera's revenue/cost of revenue ratio was slipping greatly. Hidden in the "appraisal" today was another quarters financial results showing that to be the case...and badly. Their cost of revenue was 105% HIGHER than revenue in the last quarter showing a very troubling trend and taking the company from an ever decreasing quarterly profit to a loss of over $1M/quarter.

I guess it gets down to this. In an exchange listed company, I want to have a good assurance that my money will make money, even if it is only in the 10% area. These order of magnitude potential profit claims sound more like dealing in the pinkies. If I want that, I will play there where potential profits are in fact in the many orders of magnitude, not in the under 3 digit percentages I see here at best.

Yet, if all of the claims about the future come true, you could make some good money up to about $8.00/share pre-merger. Your choice and I wouldn't fault your decision either way.

Why do you believe the price point is 1.90 at 1.9m outstanding shares? Siyata alone should be worth more than that no? but for math's sake lets say $2 at price of merger, leaving 80 million shares post merger. you think price will drop significantly then to what? $1? making the combined company worth 80m after the drop. Siyata investors would get 8 million of those or a 4x dividend, 4 x $1 for that scenario? Is that not a decent return? Double for your trouble? I appreciate your insights, I truly do, I want to make an informed decision. I have a small position at about 2.36 avg

I am not impressed at all, frankly. A whole lot of analysis and formulas based on CORE's representations of the future is not persuasive to me. The "findings" reflect the company's REPRESENTATIONS slathered with forward looking disclaimers. In other words, this company is worth $185M because it says so.

I admit that if the Company's representations come true, it will be worth $185M in the future. But that is no different than a finding saying that it is worth $10M because it says it will be only be worth $10M in the future.

In my opinion, CORE Gaming smacks of a massive BS operation. Core Gaming is less than a year old, has no office, operations or employees. It acquired Newbyera 8 months ago by a stock transfer with a chinese company named Moremo who spun it (Newbyera) off to CORE Gaming. Moremo retains operational control, offices and employees. CORE Gaming has done NOTHING to demonstrate that it or Newbyera can effectively manage this company independently and there is no indication that Moremo could not yank it's tech back after the merger. Moreover, they have hidden this fact in a deluge of data, the needle in the haystack.

I don't like the fact that CORE Gaming tries to imply that it is some huge game creation company when it's business is actually deriving income from advertisements on games created by others, then paying most of that revenue back to them. What they say they are doing has some stability, but what they are actually doing is VERY susceptible to market risks being very highly leveraged.

I also don't like the fact that Hudson Partners may at any time prior to the merger convert up to $18M worth of stock at 85% of market which MAY have drastic negative effect of the amount of dividend received because of dilution.

All of that said, IF what they say does happen, then this company should skyrocket to about $2/share post merger and the only value here is in the dividend, but only if that actually happens too. Personally, I am not interested at any price point over $1.90....BUT, this could be a big winner if someone likes gambling, because at this point, it is not investing IMO.

My $1.90 price point is not changed by this PR which I believe is only a reiteration of earlier representations.

Revenue projections ... (2025) 145,000,000 and (2026) 240,000,000.

what do you think of the new sec filings?