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Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s):  SPVNF

Spectra7 Microsystems Inc. is an analog semiconductor company. The Company delivers analog semiconductors at a bandwidth, speed and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality (VR), augmented reality (AR), mixed reality, data centers and other connectivity markets. It creates silicon products that enable copper cables to be longer, thinner, lighter and run at higher performance levels. Its family of products features a patented signal processing technology used in the design of active cables and specialty interconnects in data centers, VR, AR, and other connectivity products. It provides chips, such as HT8181 HDMI 2.0 In-Cable Equalizer, VR8200 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8300 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8050 Interconnect Processor, VR8051 Interconnect Processor, GC2502 Data Center Cable Processor, and GC1122 Dual Channel 112Gb/s PAM-4 Linear Equalizer.


TSXV:SEV - Post by User

Bullboard Posts
Post by FarmerInvestor4on Feb 07, 2017 11:46am
292 Views
Post# 25810346

Sales?

Sales?I feel some on the board may be missing the point.  Although spectra7 may have excellent technology that is patented, I keep reading things like potential market, possible sales by 2018, and a lot of PROJECTIONS.

The reality of it is this...  Spectra needs to start making ACTUAL sales.   

I have read the financials on Sedar, and this company is currently spending a lot more cash on R & D, operations and staff, than it is Generating in revenues...  bottom line?  Cash is running out!  So something has to give here...

I mentioned in a previous post that from a technical standpoint, the share price kept hitting a wall at the 200 day moving average.  And it did again yesterday when it hit $0.45 and retraced.

I Sold out of my position at $0.44 and will sit on the side lines until the company can start to "Show me the money!"

Don't get me wrong, I like Spectra7 and love the fact that they have a lot of patented technology, however....  It is time to start executing sales and making revenue.  And I don't care whether I have to buy back in later at a higher price....  All that means is that they have turned the corner and have started to make an impact in the marketplace.  So until then, I will continue to follow the company, but won't own shares until they can start to show they can become profitable

Take care everyone and good luck!

FI4
Bullboard Posts