$Siyata Mobile Inc.(SYTA)$
So the obvious is this announcement is a hail mary? It's a nothing burger. Declining quarterly sales, BV is negative, and they're financing negative cash flow. So?
1) They desperately need to raise capital and stay above $1 per share.
2) Price jumps? Not going to hold. Maybe the company has an ATM and selling into the rise.
3) Reverse share split coming with or without additional financing. Games maybe being played with the share price this high but it won't stay. Good luck whatever you're doing.
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