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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 Norwood66on Aug 21, 2020 12:46pm
161 Views
Post# 31438980

RE:RE:RE:RE:Warrant acceleration

RE:RE:RE:RE:Warrant acceleration YOu can bet there is a dose of manipulation to keep the stock above the 0.85 in order to trigger the warrant exercise. Clearly they saw this as a means to fund their operations otherwise they would have let the market fund them over time  through warrant exercise organically and not trigger a big sell off due to the volume. This stock is going to languish on or about 0.65 or may even go lower because the market may not be able to swallow up the volume. This is a management mistake unless they really need the funds, in which case they are funding with 0.65 shares... maybe that is a good price to fund their operations...

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