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Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s):  SPVNF

Spectra7 Microsystems Inc. is an analog semiconductor company. The Company delivers analog semiconductors at a bandwidth, speed and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality (VR), augmented reality (AR), mixed reality, data centers and other connectivity markets. It creates silicon products that enable copper cables to be longer, thinner, lighter and run at higher performance levels. Its family of products features a patented signal processing technology used in the design of active cables and specialty interconnects in data centers, VR, AR, and other connectivity products. It provides chips, such as HT8181 HDMI 2.0 In-Cable Equalizer, VR8200 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8300 Ultra-High-Speed DisplayPort Embedded Interconnect Processor, VR8050 Interconnect Processor, VR8051 Interconnect Processor, GC2502 Data Center Cable Processor, and GC1122 Dual Channel 112Gb/s PAM-4 Linear Equalizer.


TSXV:SEV - Post by User

Bullboard Posts
Post by itryhardon Jun 15, 2020 5:32pm
223 Views
Post# 31153130

Asset Based Lenders

Asset Based LendersIf S7 has bonified orders they can easily access an ABL line of credit usually up to the portion of the order that is invoiced.  S7 sellls the invoice, gets cash immediately. and the ABL owns the discounted invoice.  Buyer basicall pays the invpoice amount to the ABL directly.  S7 can easily access cash not waiting for payment from the buyer.  In the case of most big companies whose treasuries love to use their vendors as lenders; they often pay just before or on 90 days from date of invoice.  The ABL could care less about the financial state of the company they serve.  They only care that the invoice is real and the buyer will pay the invoice within 90 days.  The faster the buyer pays the less discount of invoice to S7.  As far as conventional borrowing I do not think S7 would have a snowballs chance in Hell!  My due diligence tells me S7's patents are very strong so maybe their pursuit for capital using this collateral is possible, but I think they have been trying this for some time now unsuccessfully.  I'm in because I do not believe the insiders would dump the kind of money they have into S7 to keep it afloat if they did not believe they will ultimately be very successful and, as stated, as soon as S7 can invoice, cash is readily available to them.
Bullboard Posts