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C-Com Satellite Systems Inc V.CMI

Alternate Symbol(s):  CYSNF

C-COM Satellite Systems Inc. is a global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. It has developed an auto-acquisition controller technology for rapid antenna pointing to a satellite, enabling broadband Internet via satellite across a range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies. It sells more than 10,000 antenna systems in over 100 countries, through a dealer network that provides service to a range of vertical markets, such as oil and gas exploration, military communications, disaster management, SNG, emergency communications, cellular backhaul, telemedicine, mobile education, government services, mobile banking, and others. The Company's brand is iNetVu. It is in late-stage development of a Ka-band, an electronically steerable, modular, conformal, flat panel phased array antenna. It is also engaged in analog beamforming integrated circuit development.


TSXV:CMI - Post by User

Bullboard Posts
Comment by TravelGuruon Feb 12, 2016 2:11pm
93 Views
Post# 24553435

RE:RE:RE:RE:RE:RE:RE:RE:Take this private

RE:RE:RE:RE:RE:RE:RE:RE:Take this privateWhy would the CEO want the price to go down? He has 13 million shares in this company. When they were at 2.30$/share he had 30 million dollars worth of shares in this company, now at 0.85$/share he has 11 million worth in this company. During the decent he has made just over 2 million is dividends. He is still worth 17 million less then when they had their best year and the stock was at 2.37$ peak. He wants the share price to be strong and get bought out by a bigger company. Perhaps the Chinese CCT company that they have been dealing with. The end goal is to sell off the company for a good share price.
Bullboard Posts