Post by
JACKTHEBEAR2 on Oct 07, 2021 8:08am
Nice find
Thanks Steve That first interview where he lays out revenue growth and how they are dealing with the chip situation speaks volumes for 2022 and beyond. Im still a buyer
Comment by
freedom45 on Oct 07, 2021 9:06am
on a brokered private placement basis, in one or more tranches, common shares of the Company (the "Common Shares") at a price of $1.32 per Common Share for gross proceeds of a minimum of $6 million (the "Private Placement").
Comment by
Chucklehead on Oct 07, 2021 9:22am
So I was just over a month early on my prediction of another private placement. At least we now know why the share price dropped to $1.30. This just continues to show that they are not dealing with the supply issue and "record backlog." -Chucklehead
Comment by
jackthebear1 on Oct 07, 2021 9:55am
I think we all knew a raise was coming and as they are pre paying for chips to ensure their place in the cue as Raouf stated in the interview tells me they are dealing with the backlog.The other point worth mentioning is the backlog is at its infancy due to the fact out of the 91 design wins only 6-8 are in production so lots of room for growth.
Comment by
ACCMAN on Oct 07, 2021 10:13am
Jack, exactly! today's PPS is a GIFT !! It will be 5x higher or more in 12 months, mark this post!