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Lite Access Technologies Inc V.LTE

Technology Communication Equipment
Lite Access Technologies Inc. provides fiber optic products and advanced installation methodologies. The Company offers integrated solutions for all types of telecom requirements. Beginning with a comprehensive project analysis to engineering, design and permitting, it offers a full complement of aerial and underground construction methodologies, including splicing, testing and maintenance. The Company's segments include product sales and fiber optic installations, based on the type of products sold and services provided. Its products include Direct Bury, Aerial Micro-Duct and Fiber Optic Mini-Cables. Its additional products also include fiber-optic cable, aerial micro-duct, low fire hazard micro-ducts, connectors and sundries. Its items include a cutting head, Shark Blades and the LiteXtend solution. Its end-users include homes, businesses, government and educational institutions, and emergency response facilities. It also offers breeze cable blowing machine and cutting equipment.


TSXV:LTE - Post by User

Lite Access Technologies Inc
Bullboard Posts
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(3)
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Comment by familyofficeguron Jan 31, 2018 10:40am
103 Views
Post# 27470268

RE:RE:RE:LITE ACCESS TECHNOLOGIES REPORTS 2017 Q4 AND YEAR END

RE:RE:RE:LITE ACCESS TECHNOLOGIES REPORTS 2017 Q4 AND YEAR END I can't believe anyone is complaining about the gross margin at this point. OBVIOUSLY they are investing for the future. If the contracts come then the gross margin will be 25-30% or possibly higher I think. Startups (which it essentially still is) that are investing for future growth don't make money. 
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