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Bullboard - Stock Discussion Forum Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s):  SPVNF

Technology Semiconductors
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,... see more

TSXV:SEV - Post Discussion

Spectra7 Microsystems Inc > ABL Authorization
View:
Post by WonderNews2 on Dec 14, 2020 10:53am

ABL Authorization

The clearance from lenders is suppose to be this week..... Handcuffs come off if approved.
Comment by SteveSchiets on Dec 14, 2020 11:45am
Sorry Wonder, i don't understand what this means? Can you explain a bit more? Thx
Comment by WonderNews2 on Dec 14, 2020 12:25pm
From the Oct PR -  The term sheet also provides that the Debentures shall be amended to allow the Company to conduct patent sales or patent secured debt financings without approval of the debentureholders provided that the Company uses 50% of the net proceeds received from such sales or debt financings towards the pro rata repayment of the principal amount of the Debentures and accrued and ...more  
Comment by tradersam99 on Dec 14, 2020 5:06pm
I don't see where it says This Week for the Results News...
Comment by WonderNews2 on Dec 14, 2020 5:24pm
My memory recall was Dec 16.... check out the SEDAR filling. The details were there if you care to look.
Comment by tradersam99 on Dec 14, 2020 5:36pm
Thanks, I'll take a look
Spectra7 Microsystems Inc
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