#None #Siyata Mobile #Core Gaming #Aitan Zacharin

Siyata Mobile's First Shareholder AMA with Core Gaming CEO

In a significant move to foster communication with its investors, Siyata Mobile Inc. recently published the transcript from its inaugural Ask Me Anything (AMA) video session featuring Aitan Zacharin, the CEO of Core Gaming. This initiative builds a vital bridge between the company's leadership and its retail investors, emphasizing transparency during this pivotal time of merger discussions between the two firms.

The AMA, held on April 30, allowed shareholders to submit their questions via Siyata Responder on StockTwits, a social media platform tailored for investors. This approach is seen as a commitment from Siyata to engage with investors directly, enhancing clarity about the merger's potential and plans.

Opening Remarks and Context

In his welcoming message, Zacharin acknowledged the transformative era in which retail investors play a crucial role in the market. He affirmed the company’s mission to provide clear insights into the merger with Siyata, aiming for transparency and openness regarding their strategic direction. Zacharin expressed that the session would serve not just to inform but also to engage, allowing investors to voice their concerns and inquiries directly.

Key Takeaways from the AMA

One of the central inquiries revolved around creating shareholder wealth through the anticipated merger. Aitan Zacharin passionately articulated that this merger aims to blend Siyata’s advanced communication technology with Core Gaming’s robust gaming platform. With a current market cap rise to $5.10 million and plans for legacy shareholders to receive a substantial stock dividend post-merger, the intention behind these strategies is clear: to enhance shareholder value.

Moreover, when questioned about the historical fluctuation of Siyata's share price, which saw a steep decline exceeding 100% over the past year, Zacharin reiterated their focus on operational excellence. He emphasized ongoing growth initiatives in the Push-To-Talk (PTT) segment, in addition to innovative product launches expected within the year, under partnerships with major U.S. carriers like T-Mobile and AT&T.

Addressing Concerns and Risks

Zacharin did not shy away from addressing the inherent risks associated with mergers. He described operational integration and execution as primary challenges, acknowledging that distractions can arise during such transitions. To mitigate these risks, he noted that detailed operational plans are already in place, ensuring teams align effectively while maintaining focus on customer experience and growth targets.

The CEO highlighted Core Gaming's extensive experience—having successfully launched over 2,000 games—as a vital asset going forward. This expertise will be pivotal in driving combined company initiatives, ensuring both innovation and reliability are maintained post-merger.

Expectations Moving Forward

Investors were keen on understanding how Core Gaming would adapt to the public market dynamics. Zacharin outlined that gaining public access would not only provide capital for growth but also enhance their strategic acquisition capabilities moving forward. He reassured existing shareholders that mechanisms are in place to protect their interests while incorporating Core Gaming's evolving objectives.

Additionally, Zacharin mentioned the potential shift in ticker symbols once the merger is complete, aiming to better align with the new collective identity of the company. He committed to ongoing engagement with shareholders through regular AMA sessions and updates via social media, ensuring continuous dialogue as the merger progresses.

Conclusion

Siyata Mobile’s AMA with Aitan Zacharin is a step in reinforcing its commitment to transparency and shareholder engagement during a transformative phase. As both companies work toward their merger, ongoing communications and updates will be crucial in aligning expectations and building confidence among investors. The integration promises exciting new opportunities, and with a clear plan to maintain open lines of communication, Siyata Mobile aims to enhance its investor relations throughout these changes.