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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.


TSXV:LTE - Post by User

Lite Access Technologies Inc
Bullboard Posts
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(14)
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Comment by Norwood66on Jul 10, 2017 12:42am
87 Views
Post# 26449692

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Squeeze in effect

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Squeeze in effectThis was a bought deal financing which the investment banks  (most of were like tier 2 or 3) will place with retail investors or they will hold it in their own account, and hopefully will sell at a later date - this is why they write reports to suck in the retail investor. The instutional investor may read the reports, but NEVER make a decision based up it.

Ask the company, they can tell you if they any institutional investors. They are a different class of investors, and would do a lot of diligence before they ever make such an investmment (and risk their clients money). Pension funds, banks, etc. Never would they invest in a company at this stage.

Ask your IR person. The company will know how many institutions are involved.
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