Siyata Mobile (SIM-TSXv; SYATF-OTCQX) is a Top Pick for me in 2019. They have a unique rugged phone for commercial vehicles that everyone wants – The Big Wireless Companies (Bell Mobility in Canada, AT&T, Verizon, Sprint, etc) and two-way radio players who want in the space like Motorola, Kenwood, and IComm.
This is one of the simplest stories, with one of the most basic catalysts: BIG ORDERS and BIG PARTNERS. And I think they are coming very quickly.
March 6, 2019, Siyata Mobile announced that is was demonstrating Uniden® UV350 with AT&T Enhanced Push-to-Talk at IWCE 2019 and the stock roared.
The writing is literally on the wall: On April 1st, Siyata announced their first PO – Purchase Order – from a Tier 1 US wireless carrier for their phone, the UV350. That has to be either AT&T, Verizon, Sprint or T-Mobile.
“Details of the commercial launch will be announced shortly.” the press release said. I am expecting BIG ORDERS. Siyata has laid all the right groundwork, getting its phone integrated with Motorola WAVE, and the various cell carriers over the last year.
To me, a massive revenue jump this year is in the bag – and 2020 will be even bigger. I think there is about to be a multi-year, multi-million unit launch of Siyata’s product that will make BILLIONS for US cell phone carriers. You see, they have a unique smartphone engineered specifically for commercial vehicles (think millions of trucks, busses, police cars and more).
Siyata is creating a HUGE new revenue market – I mean hundreds of millions of dollars per year – by moving these markets from Push-to-Talk or Land-to-Mobile to cellular. That’s the reason I own so much stock in Siyata – this is simple economics and I KNOW that the US carriers are courting Siyata, not vice versa.
The UV350 also has big side benefits, like now all the First Responders (ambulance, police, fire etc) can all be on the same platform, and the UV350 replaces all other communication devices in the vehicle.
I am expecting the first orders from the US cell carriers to be for these First Responders. I visited the First Responders’ big annual conference in Vegas in March, where all the suppliers were there trying to sell their wares.
Siyata’s phone was being showcased at the Motorola booth. Not only that, I saw CEO Marc Seelenfreund spend most of the two-day conference in meetings with The Big Dogs–AT&T, Verizon, Motorola and multiple FirstNet executives.
This business – and this stock – is going to go. I’m sure of it. There is no other phone within years of matching Siyata’s UV350 – this is a WIDE technology moat. This rugged phone has everything that fleet owners and First Responders want. They’ve already sold over 200,000 phones – this isn’t something that’s coming soon to a truck near you – it’s happening NOW.
But the Big Orders – they’re coming quickly because of the incredible amount of money that Siyata’s UV350 makes for everyone in the industry.
With the product ready to go, wireless carriers will earn millions of dollars a day in NEW air-time charges as soon as they get Siyata’s UV350 into these vehicles. It’s a revenue race for these multi-billion dollar, Tier-1 wireless carriers.
They ALL want this technology, and they want it fast. Every day without it costs them tens of millions in foregone revenue.
According to the United States Department of Transportation, in 2016 there were 3.5 million First Responder vehicles and 9.7 million commercial the United States. Siyata is the first and only company to offer a dedicated in-vehicle cellular solution for the next generation of fleet communication in North America.
At let’s say $40/month airtime – that’s a market of 13.2 million vehicles x $40=$520 million a month or US$6.36 billion a year in NEW revenue that the major US wireless carriers want to get their hands on – and Siyata is the ONLY dedicated in-vehicle smartphone that can capture this for them.
Now, the other thing I like here is that there is no cheap stock and no cheap warrants anymore… meaning the stock is free to run after the company had over $6 million at $.50 CDN exercised.
Siyata is cashed up, already selling its phones, and they’ve put out news already saying they’ve got their first US order, and the market is now waiting on details.
Investors have been told: Orders coming. This is SO simple. Long Siyata.
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