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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 tradersam99on Aug 09, 2019 7:23pm
168 Views
Post# 30013404

And it looks like Insiders are buying the Private Placement

And it looks like Insiders are buying the Private Placement
They have bought twice before, so this would be the third purchase by insiders.

Not surprising with the stock so low, but it does bode well for us that insiders are still confident enough to put up their own money...


"The issuance of units to insiders of the Company in the Private Placement is considered to be a “related party transaction” as defined Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101), however, the Company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under MI 61-101 on the basis that the aggregate value of the units issued to insiders does not exceed 25% of the fair market value of the Company’s market capitalization."
Bullboard Posts