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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 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

Comment by wallpaper2on Nov 20, 2019 1:54pm
173 Views
Post# 30374810

RE:please dont tell me!

RE:please dont tell me!
LTE was trading at 10 cents October 3rd.
Doubled to 20 cents  PRIOR  to contract announcement on good volume.
Contract announcement Oct. 23rd,  share price that day was 20 cents.
Share price back to 19 cents on November 6th.
Approx. 10 MILLION SHARES traded on various exchanges the 3 days following the announcement. Another million or more since?
I believe it went from 19 cents to 30 cents on  NO NEWS  between Nov. 6th. and Nov. 19th. 
Stock options issued to  "who knows who"  on Nov.20th.
The three extremely heavy trading days following the contract announcement smacked of 
a very large and expensive stock promotion. If there was a promotion, how was it paid for or how were people reimbursed for their assistance?


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