RE:RE:RE:RE:Spectra7 Announces $15 Million Bought Deal Financing
Yes, the dilution is unfortunate but there was no choice. I exe ct at leawst $4 mill in Q4 revenues. This is suggest4ed by MR headset prices being slashed. This is designed to increase sales and is a strong indicator that S7 has solved its suplly i// procution issus.
Frther S7 surely is supplying Sony cables. They look like S7 cables, have the same functions and sony would have good reason to go with S7. Imagine they go with a competitor (if tehre is one) and S7 brings an injunction to halt sales for patent violation. They would not take that chance. So it's almost certain Sony is a client.
Good things comingt. And if DC sales start up in Q1 break even is just around the corner. Then no nmore financings.