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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 Dogfather23229on Feb 18, 2021 6:31pm
298 Views
Post# 32605159

RE:Volume and resistance rising daily! Optimistic!

RE:Volume and resistance rising daily! Optimistic!Does't anyone look at the financials? This company is essentially bankrupt. Payables way in excess of receivables. A huge negative shareholders' equity.
they might have a chance so survive if they  can shut down their UK business without their creditors taking over the Canadian operations but their litigation with CF will  probably swallow up any revenues from Canada. At this point all the trading is manipulation. I agree with Wallpaper2 that even a value of 10 cents a share is probably an overstatement.
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