Detail akcie Cytta online

Business Summary: Cytta Corp. creates specially programmed VeriSmartPhones (VSPs) designed to empower the Internet of Things (IoT) in any market segment. VSPs are factory unlocked android smartphones that have not been preprogrammed or locked by the carrier or manufacturer. The Company then gains root access to the factory unlocked android smartphone. After rooting, the Company grants their programs and specific applications access to root permissions, allowing them to do almost anything they want to the operating system. The Company's applications with root permissions uninstall system applications, install low-level system binaries, revoke permissions that installed applications require, and allow its VSPs to do all other things necessary to turn these phones into IoT bi-directional control interfaces. The Company's VSPs do not require any human intervention through the screen, keyboard or mouse to perform their functions and thus become IoT devices.
Financial Summary: BRIEF: For the nine months ended 30 June 2014, Cytta Corp revenues increased from $3K to $12K. Net loss increased from $866K to $1.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and administrative(1) increase from $519K to $1.4M (expense), Management fees increase of 8% to $301K (expense).