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.

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Lite Access Technologies Inc > Warrant acceleration

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Comment by Dogfather23229on Aug 21, 2020 4:09pm

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Post# 31440119

RE:RE:RE:RE:RE:RE:RE:Warrant acceleration

With respect.
they don't want 7 million new shares in the float.
If the price stays below 85 cents until the evening of September 11th , the warrants will expire.

Until then, management does not want the stock to go up above 85 cents.

Once the warrants expire, they can announce new contracts ( if there are any). The stock would rise and if they wanted to issue 7 million shares, they would get a cash inflow larger than $4.6 million.

I would suggest holding on to your shares for at least the next two weeks or buying more if you believe that there are contracts coming.