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Bullboard - Stock Discussion Forum
Lite Access Technologies Inc
V.LTE
Technology
Communication Equipment
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...
Company's segments include product sales and fiber optic installations, based on the type of products sold and services provided. Its products include Direct Bury, Aerial Micro-Duct and Fiber Optic Mini-Cables. Its additional products also include fiber-optic cable, aerial micro-duct, low fire hazard micro-ducts, connectors and sundries. Its items include a cutting head, Shark Blades and the LiteXtend solution. Its end-users include homes, businesses, government and educational institutions, and emergency response facilities. It also offers breeze cable blowing machine and cutting equipment.
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Add To Watchlist
Bullboard (TSXV:LTE)
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(3)
•••
TheBigW81
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Comment by
TheBigW81
on 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.
(50)
•••
joey71440
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Post by
joey71440
on 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
(2)
•••
Laconchap
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Post by
Laconchap
on 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
(50)
•••
joey71440
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Comment by
joey71440
on 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
(3)
•••
TheBigW81
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Post by
TheBigW81
on 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.
(50)
•••
joey71440
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Comment by
joey71440
on 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.
(111)
•••
Acura001
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Post by
Acura001
on Dec 11, 2020 1:47pm
Perfect setup for a 3X bagger
Almost at 70W Low. Come on! Lol
(111)
•••
Acura001
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Post by
Acura001
on Dec 11, 2020 1:45pm
Question
Does LTE generate other revenues besides the UK deal and what was the SP before the UK agreement?
(31)
•••
LongTbuffet
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Post by
LongTbuffet
on 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
(2278)
•••
dart321
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Comment by
dart321
on 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
(14)
•••
Norwood66
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Comment by
Norwood66
on 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
(8)
•••
disosa
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Post by
disosa
on 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
(13)
•••
LowtoHigh
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Comment by
LowtoHigh
on 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.
(7)
•••
Dogfather23229
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Post by
Dogfather23229
on 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
(2278)
•••
dart321
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Comment by
dart321
on 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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