Siyata Mobile Inc. Publishes Transcript of First Shareholder AMA Video Featuring Core Gaming CEO Aitan Zacharin
The AMA session, which originally aired on the Company's website on April 30, addressed questions submitted by shareholders through Siyata Responder on StockTwits, a social media platform dedicated to investors and traders. Siyata Responder is a Company-led initiative designed to enhance transparency and establish a direct line of communication between Company leadership and retail investors.
For those who missed the AMA, the video is still available for viewing at: https://ir.siyata.net/
The full transcript begins here.
Ask Me Anything: Clean Transcript with Speaker Identification
Speaker: Aitan Zachary, CEO of Core Gaming
Hello everyone. This is Aitan Zachary, CEO of Core Gaming. I'm here today to speak directly to you, our retail investors.
We're living in a new era where you are the driving force of the market, and we fully recognize and respect that. It's my mission to ensure that we provide full transparency and clear disclosure about our strategy and vision as we get closer to the merger with Siyata.
We know shareholders want clarity. We've been a private company up until now, so naturally, there hasn't been much public information available. This AMA is part of a series of videos designed to build a clear and direct line of communication with you—to answer your questions as we move toward entering the public markets. We want to ensure our investors understand our vision, operations, and where we're heading. So, with that, let's get into your questions.
Q: I would like a more detailed explanation of the creation of shareholder wealth through this merger. There was an increase in the market cap to 5.10 million while the share price is at 1.70, previously the share cost was $2.00 and the market cap was close to 2 million. Is this an added valuation increase and will this increase be added to the portion that legacy shareholders with receive in the 10% dividend?
This merger aims to create shareholder value by combining Siyata's communication solutions with Core Gaming's gaming business. Legacy Siyata shareholders are set to receive a special stock dividend within six months post-merger, ensuring they own at least 10% of the combined company.
Q: This is outstanding, and we appreciate the dedication of the company to keep the shareholders informed of the merger process and the CEO of Core Gaming to share the growth strategy of the business! Congratulations on latest jump in company evaluation and the extra 3 million users monthly added to the value of core gaming and Siyata!
Thank you for your support. We're excited about the growth opportunities this merger presents and remain committed to keeping our shareholders informed throughout the process.
Q: Siyata Mobile has lost shareholders over 100% over the last year alone, what do you aim to do to reverse this?
We are head-down focused on business execution. We're growing our top and bottom lines by expanding our existing business and evaluating expansion opportunities. Creating awareness around our story and continued execution is the time-tested strategy for generating shareholder value.
Siyata will continue to operate as it currently does and has significant growth potential in its PTT (Push-To-Talk) business with major U.S. carriers like T-Mobile, AT&T, and others. They are also working on some very exciting new products that will be announced in the coming months.
Q: I like this idea. Any merger comes with risks. What are the biggest risks you foresee in the merger, and how do you plan to mitigate them? Also, Core Gaming is a huge company. What lessons from leading Core Gaming will you bring to the combines Siyata company?
The main risks involve integration and execution. Mergers can be distracting, so we've developed detailed operational plans to align teams, maintain customer focus, and hit growth targets without disruption.
At Core Gaming, we've launched over 2,000 games by focusing on product optimization, fast iteration, and disciplined resource management. We'll apply these same principles post-merger.
Q: I have 3 questions for Aitan:
Can you share how Core Gaming will benefit from public market access?
How do you plan to balance the legacy Siyata shareholder interests with Core Gaming's goals?
What benchmarks should shareholders use to hold you accountable for the success of this transition?
Going public via reverse merger gives Core Gaming access to capital markets, enhances our ability to fund growth, and expands our gaming business. It also allows us to explore strategic acquisitions. We are committed to honoring legacy Siyata shareholders with a guaranteed 10% equity post-merger. Our long-term strategy is focused on delivering value across the entire shareholder base. Our goal—though not a forecast—is to exceed $100 million in revenue in 2025 and to have the consolidated company profitable.
Q: I have two questions:
Any idea what the stock price will be when the merger is finalized?
When will the merger actually be finalized or at least give us a month.
According to the agreement, current Siyata shareholders will be entitled to 10% of the combined company. Based on a third-party valuation of $160 million for Core Gaming, this means Siyata shareholders will receive a dividend even if the company value is less than $160 million at the time of closing. The merger is expected to close by the end of Q2 2025, pending regulatory approval.
Q: What is Core Gaming's edge over other mobile game developers? There are a ton of competitors in this space. What makes your model unique?
Core Gaming's edge lies in our proprietary AI-based marketing analysis. This identifies high-potential gaming niches and allows us to launch targeted games efficiently. We co-develop and co-launch games with partner studios and monetize them effectively through ad partners and our AI platform. This has helped us launch over 2,000 games and attract over 750 million downloads.
Q: How will the merged company make money? Are you focused on advertising, in-app purchases, paid downloads or something else?
Our revenue primarily comes from advertising. As we expand our user base and introduce new games, we'll continue optimizing monetization strategies through ad delivery optimization, user portrait prediction, risk detection and multi-dimensional optimization.
Absolutely—we will continue launching new games post-merger. Game development and publishing are at the core to our growth strategy. We're actively identifying new opportunities and plan to leverage our current AI tools and studio partnerships to keep expanding our portfolio.
Q: What's the plan for investor relations going forward? Will we see regular updates from management?
Yes, transparency and communication are at the top of our priorities. We'll maintain consistent outreach through quarterly earnings, investor decks, and social media updates.
Q: Will there be a new ticker symbol post-merger?
We also plan to update the ticker symbol to better reflect the primary business going forward. This is part of our regulatory approval process.
Thank you to everyone who submitted questions. At Core Gaming—and together with Siyata—we believe transparency, execution, and shareholder alignment are the foundation for long-term success.
We're working hard behind the scenes to make this merger a success—not just operationally but in building real value that reflects in the market for every investor involved. We'll continue to update you through public filings, press releases, and updates like this.
If your question wasn't answered here, we're listening and will address it in future communications. I'm excited to share that this AMA is not a one-time event. We plan to host regular AMAs powered by the Siyata Responder. You'll be able to submit questions in advance for each session.
We're excited for what lies ahead and appreciate your trust as we take this step together.
Thank you.
-- End transcript --
The Company expects to publish additional AMA videos in the future. To submit questions and connect with the Company directly, interested parties can access Siyata Responder at: https://stocktwits.com/Siyata_Responder.
About Siyata Mobile Inc.
Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire, and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today.
In support of our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems enabling our customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak.
Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors.
Siyata's common shares trade on the Nasdaq under the symbol "SYTA", and its common warrants trade on the Nasdaq under the symbol "SYTAW".
Visit www.siyata.net to learn more.
About Core Gaming, Inc.
Core Gaming is an international AI driven mobile games developer and publisher headquartered in Miami. We create entertaining games for millions of players worldwide, while empowering other developers to deliver player-focused apps and games to enthusiasts. Core's mission is to be the leading global AI driven gaming company. Since our launch we have developed and co-developed over 2,000 games, driven over 600 million downloads, and generated a global footprint of over 40 million users from over 140 countries.
Visit www.coregaming.co to learn more.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata's current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Siyata's filings with the Securities and Exchange Commission ("SEC"), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.
SOURCE Siyata Mobile Inc.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
10 minutes ago
- Cision Canada
CUPE FLIGHT ATTENDANTS PROVE BARGAINING, NOT CARNEY'S SECTION 107, DELIVERS DEALS
OTTAWA, ON, /CNW/ - Air Canada flight attendants, members of CUPE, have delivered a decisive blow to employers who think they can sidestep fair bargaining by hiding behind Section 107 of the Canada Labour Code. Prime Minister Carney's government chose to impose Section 107 just hours after the strike began—an unprecedented and heavy-handed move to tilt the scales in the employer's favour. With the backing of the entire labour movement, CUPE stood its ground, defied the order, and forced the company back to the bargaining table—where a fair deal was reached. The outcome makes one thing clear: Section 107 is no longer a reliable weapon for employers. By refusing to bow to government interference, CUPE flight attendants exposed Section 107 for what it is: an unconstitutional violation of workers' Charter-protected right to free and fair collective bargaining. Any employer thinking of leaning on Section 107 in the future should think twice—it's a crutch that just snapped. Deals are made where they should be—at the bargaining table. That's good for workers, good for communities, and good for building lasting relationships between unions and employers. The entire labour movement is grateful to flight attendants for their strength and perseverance in standing firm for these rights. The last 24 hours have shown that Section 107 is unconstitutional, unenforceable, and corrosive to free collective bargaining. Canada's unions are calling for its removal from the Canada Labour Code. We urge all parties in Parliament to make this a priority in the upcoming fall session—because protecting workers' Charter rights should never be optional, and employers must never again be allowed to rely on Section 107 to delay or deny fair bargaining. The lesson from this strike is undeniable: workers win when they fight, and collective agreements are made through negotiation, not government-imposed edicts. Section 107 has been dealt a blow it shouldn't recover from—and that's good news for every worker in Canada.
Cision Canada
40 minutes ago
- Cision Canada
Damon Evolves I/O Platform with Advanced Machine Learning for Adaptive Rider Performance
VANCOUVER, BC, Aug. 19, 2025 /CNW/ - Damon Inc. (OTCID: DMNIF) ("Damon" or the "Company"), a designer and developer of electric motorcycles and other personal mobility products that seek to empower the personal mobility sector through innovation, announced the next phase in the evolution of its Damon I/O platform with the introduction of an advanced machine learning module developed by Damon to be the cornerstone of its forthcoming Hypersport Race (HSR), a high-performance electric motorcycle model developed to demonstrate the Company's technology . This enhancement enables dynamic performance tuning based on rider behavior, vehicle data, and environmental inputs, delivering on the Damon's vision to transform personal mobility through smart, AI-connected experiences. Building on the Damon I/O platform launched in June 2025, Hypersport Race (HSR) is entering its prototype development phase in September 2025. For track riders, the system analyzes lap-by-lap performance, including cornering speed, braking patterns, and throttle control, to provide actionable, intuitive feedback. The goal is to help riders become safer, faster, and more efficient. Unlike complex track analysis tools built for engineers, Damon I/O translates sophisticated data into a rider-friendly format, highlighting clear performance gains and safety improvements without requiring technical expertise. "For the first time, track riders will have the sophistication of a race engineering team, distilled into insights they can understand and act on instantly," said Dominique Kwong, CEO of Damon. The system operates on a continuous feedback loop. Every ride generates new data, which is processed both on the motorcycle (edge learning) and in the cloud. This dual approach allows the system's intelligence to evolve in real-time. The more a rider contributes, the smarter Damon I/O becomes, delivering deeper, personalized insights that enhance performance and safety. This rider-focused feature also showcases the power of Damon I/O for the broader market. As stated in the company's Q3 fiscal commentary, Damon has diversified its business model beyond being solely a motorcycle development company to become a leader in intelligent data solutions for the personal mobility sector. This new machine learning module is a tangible example of the high-margin, data-driven services the Damon I/O platform can provide to other personal mobility OEMs and fleet operators. "Your motorcycle will now evolve as fast as your skills do, and every ride makes it better," added Kwong. "This is the future we are building: a fusion of high-performance hardware and intelligent software that not only enhances the experience for our own riders but also provides the digital backbone for the entire personal mobility industry." About Damon Damon Inc. is a designer and developer of personal mobility products and technology solutions that integrate AI-driven safety systems, smart electrification, and user-driven design to revolutionize sustainable transportation. Operating across four potential revenue verticals - Data Intelligence & Services, Engineering Services, Personal Mobility Products, and Special Projects – Damon believes it is positioned to capture a significant share of the $40B global electric two-wheeler market by 2030 1. The company distinguishes itself through its integrated ecosystem approach, combining advanced data analytics and engineering expertise, while seeking to enter into strategic partnerships with OEMs and Tier 1 suppliers. Damon emphasizes accessible mobility solutions while leveraging its proprietary AI-driven safety systems and intelligent energy management technology to deliver superior performance and operational efficiency in the urban and business mobility space. For more information, please visit FORWARD LOOKING STATEMENTS This press release, including any materials referenced herein, contains forward-looking information or forward-looking statements under applicable Canadian and U.S. securities laws (collectively, "forward-looking statements") that reflect current expectations and projections of Damon Inc. ("Damon") about its future development. When used in this press release, forward-looking statements can be identified by the use of words such as "may," or by such words as "will," "intend," "believe," "estimate," "consider," "expect," "anticipate," and "objective" and similar expressions or variations of such words. Forward-looking statements in this press release include, but are not limited to, statements relating to the anticipated advancement of the HyperSport Race program and its associated benefits, and the Company's expectations for the prospects of the evolving Damon I/O system, including its broader market applications. Forward-looking statements are, by their nature, not guarantees of Damon's future operational or financial performance and are subject to risks and uncertainties and other factors that could cause Damon's actual results, performance, prospects, or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. No representation or warranty is intended with respect to anticipated future results, or that estimates, or projections will be sustained. In developing the forward-looking statements in this press release, we have applied several material assumptions, including the general business and economic conditions of the industries and countries in which Damon operates, and general market conditions. Many risks, uncertainties, and other factors could cause the actual results of Damon to differ materially from the results, performance, achievements, or developments expressed or implied by such forward-looking statements. Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to, our history of losses, our ability to implement our growth strategy, generate revenue and achieve profitability, our limited operating history with recent acquisitions, our ability to obtain adequate financing as needed, our ability to continue as a going concern, our status as a foreign private issuer, impact of our recent delisting from Nasdaq, our ability to establish and sustain an active trading market on an over-the-counter market maintained by OTC Markets Group Inc., customer demand for or acceptance of our products and services, our ability to enter into strategic partnerships with OEMs and Tier 1 suppliers, the impact of competitive or alternative products, technologies, and pricing, emerging competition and rapidly advancing technology that may outpace our own, our ability to manufacture or distribute products and services and secure strategic supply, manufacturing, licensing and distribution arrangements, our ability to protect our intellectual property, our ability to protect user data and user information, impact of any changes in existing or future regulatory and tax regimes applying to our business, our ability to successfully consummate strategic transactions and integrate companies or technologies we acquire, our ability to attract and retain management and employees with specialized knowledge and technical skills, our ability to develop and maintain effective internal controls, general economic conditions and events and the impact they may have on us and our customers, including but not limited to escalating tariff and non-tariff trade measures imposed by the United States and other countries, increases in inflation rates and rates of interest, supply chain challenges, increased costs for materials and labor, cybersecurity threats, and conflicts such as those in Russia/Ukraine, Israel/Hamas and Iran, our success at managing the risks involved in the foregoing items, and other risk factors discussed in our periodic and current reports and registration statements filed with the U.S. Securities and Exchange Commission and the British Columbia Securities Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of the press release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, events may differ materially from current expectations. Damon disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required pursuant to applicable securities law. All forward-looking statements contained in the press release are expressly qualified in their entirety by this cautionary statement.
Cision Canada
40 minutes ago
- Cision Canada
/R E P E A T -- Scotiabank to Announce Third Quarter 2025 Results/ Français
TORONTO, July 28, 2025 /CNW/ - Scotiabank will announce its third quarter results on Tuesday, August 26, 2025. Financial results will be issued in a press release at approximately 6:00 a.m. ET on Tuesday, August 26, 2025. The results will be available on Scotiabank's Investor Relations Financial Results page Scotiabank Results Conference Call The conference call will take place on Tuesday, August 26, 2025, at 8:15 a.m. ET and is expected to last approximately one hour. Interested parties are invited to access the call live: Via telephone, in listen-only mode, at 416-340-2217 or 1-800-806-5484 (North America toll-free) using access code 3178065#. Please call shortly before 8:15 a.m. ET. On the Investor Relations Financial Results page. The call will feature a presentation by Scotiabank executives, followed by a question-and-answer period with analysts. Conference Call Archive A telephone replay will be available between Tuesday, August 26, 2025, and Friday September 25, 2025, by calling 905-694-9451 or 1-800-408-3053 (North America toll-free). The access code is 6220080# The archived webcast will be available on the Investor Relations Financial Results page following the call. About Scotiabank Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.4 trillion (as at April 30, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on X @Scotiabank.
