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Bullboard - Stock Discussion Forum Lite Access Technologies Inc V.LTE

Lite Access Technologies Inc. provides fiber optic products and advanced installation methodologies. The Company offers integrated solutions for all types of telecom requirements. Beginning with a comprehensive project analysis to engineering, design and permitting, it offers a full complement of aerial and underground construction methodologies, including splicing, testing and maintenance. The... see more

Bullboard (TSXV:LTE)

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Comment by TheBigW81on Dec 12, 2020 1:05pm

RE:Lite is possible to be acquired

We have had contracts in bc and alberta. We do work in canada. I hope we see something positive in this. We still need the new financials out too. Last q we had 14 cent book value.
Post by joey71440on Dec 12, 2020 12:30pm

question please

The way i see this is the UK operations are a seprate company or LLC  from the mother company in CA so if they loss UK operations in a chapter 11 this will not effect our common stock we own ...more  
Post by Laconchapon Dec 11, 2020 8:38pm

Lite is possible to be acquired

Either way, Lite will make other contract-clients or be acquired. This company is in an area with future. What I do not get is why only UK. USA, Canada, and other countries are big Market, too. This ...more  
Comment by joey71440on Dec 11, 2020 4:45pm

RE:Warrants

i would love to agree but we are lucky if we have 1mil left. CF must haved stiffed us on payments due or we would not have pulled off the uk jobs. sucks
Post by TheBigW81on Dec 11, 2020 4:25pm

Warrants

We have over 4 million in cash from warrants exercised in sept after the last q came out. So that is then over 6.5 mil in sept on cash in the books. Im not worried.
Comment by joey71440on Dec 11, 2020 3:24pm

RE:RE:Perfect setup for a 3X bagger

the bottom line is they need money and they owe some people money , this news today is good for stock holders because it gives us a life line for 2 weeks lets pray it works. 
Post by Acura001on Dec 11, 2020 1:47pm

Perfect setup for a 3X bagger

Almost at 70W Low. Come on! Lol
Post by Acura001on Dec 11, 2020 1:45pm

Question

Does LTE generate other revenues besides the UK deal and what was the SP before the UK agreement?
Post by LongTbuffeton Dec 11, 2020 1:30pm

Follow the sheeps

Fear is more powerful than truth and the truth is that LTE ain't going bankrupt or stoping operations. Just another tactic to average down has low has possible. Seen this before. It will retrace ...more  
Comment by dart321on Dec 11, 2020 1:17pm

RE:LTE his is now a gamble-not investing

Ya I am of the same opinion, been sitting watching this for a long time never pulling the trigger to buy, covid kept me from buying because of the problems it causes. Now we see a short term chapter ...more  
Comment by Norwood66on Dec 11, 2020 1:12pm

RE:"Administration in United Kingdom"

I am not bullish on LTE, but to go bankrupt means that you owe money to someone. Does LTE own money to anyone - I haven't looked at its balance sheet.  What is more likely to happen is that ...more  
Post by disosaon Dec 11, 2020 1:06pm

LTE his is now a gamble-not investing

news today is to protect themselves to go bankrupt and some still see this as good news. maybe they will survive-maybe not...who will tell?red or black?casino.. they have still some cash but nobody ...more  
Comment by LowtoHighon Dec 11, 2020 11:59am

RE:"Administration in United Kingdom"

I'm out...I sold today. Too risky for me. I like risk, when in small doses but too much staked up here. Good luck to all.
Post by Dogfather23229on Dec 11, 2020 11:44am

"Administration in United Kingdom"

Goog]e this term. There is a good Wikipedia article. Appointing an administrator protects a company's assets so that a plan to go forward can be presented or the company can either  be sold ...more  
Comment by dart321on Dec 11, 2020 11:39am

RE:RE:RE:RE:Plan is to continue UK operations and Maximize Opp.

this news looks like it's to keep the wolves away until they can figure out how bad it is and what to do. There would be no reason to do something like this if there was no reason to do it. The ...more  
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