Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Price History  |  Ratios  |  Insiders

Bullboard - Stock Discussion Forum Novra Technologies Inc V.NVI

Alternate Symbol(s):  NVRVF

Novra Technologies Inc., together with its subsidiaries, provides technology for distribution of broadband data via satellite and IP networks with a specialization in broadcast media in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company offers video distribution products and systems for the... see more

Bullboard (TSXV:NVI)

View:
User Avatar Image
(18)
•••
  • Stonksonlyup90X
Post by Stonksonlyup90on Sep 12, 2024 6:34pm

Accounting for Convertible Debt agreement

How will the accounting for this debt transaction look? If chances are good that either Lendee or Lender will force conversion to shares, then presumably will show up on the Balance Sheet as an ...more  
Comment by Ciaoon Sep 12, 2024 4:36pm

RE:RE:RE:Halted

I'm really interested to know if the private equity firm will be disclosed as part of the details they may give out as part of the halt request for clarification.
User Avatar Image
(18)
•••
  • Stonksonlyup90X
Comment by Stonksonlyup90on Sep 12, 2024 4:26pm

RE:RE:Halted

This is going to rip higher when they confirm - "the agreement really is that good" 
Comment by Ciaoon Sep 12, 2024 3:38pm

RE:Halted

It looks like the statement they made in the NR was not enough for regulators, they want more details.
Post by mlmack66on Sep 12, 2024 3:11pm

Halted

Time for the company to make a statement.
Comment by Ciaoon Sep 12, 2024 12:38pm

RE:RE:RE:My theory on the investment

Harris has about 5.4M of the 33M shares under his control. Maybe he has some influence over other shareholders as 2M shares were issued to Wegener for that controlling interest. So perhaps control and ...more  
Comment by mlmack66on Sep 12, 2024 7:57am

RE:RE:My theory on the investment

Possibly Harris thinks/knows the patents are worth much more than the $0.34 / share. He probably directly/indirectly controls over 50% of the current shares and therefore could defeat any takeover bid ...more  
Comment by Ciaoon Sep 12, 2024 7:49am

RE:My theory on the investment

Very plausible. Looks like we'll need to wait till more details come out on who the private equity firm is but why give out a $12M loan (are there conditions for the use of the funds)? Why not ...more  
Post by mlmack66on Sep 12, 2024 7:19am

My theory on the investment

I had asked a short while ago if anyone knew of any hidden assets that Novra had thinking more about underpriced real estate. I believe it is not a coincidence that this announcement was made shortly ...more  
Comment by Ciaoon Sep 11, 2024 2:45pm

RE:RE:RE:RE:RE:Novra Announces Convertible Loan of $12 M

Something big must be up for a private equity firm to loan a company $12M at 1% given their market cap is under $3M. The conversion to shares at .34 (8X current market price) says it all, at the ...more  
User Avatar Image
(18)
•••
  • Stonksonlyup90X
Comment by Stonksonlyup90on Sep 11, 2024 2:03pm

RE:RE:RE:RE:Novra Announces Convertible Loan of $12 M

There must be something big cookin' on the contract front or else it really wouldn't make any sense! Interest on the debt is ONLY 1 PERCENT!! Frees up a lot of capital to execute on a larger ...more  
Comment by Ciaoon Sep 11, 2024 1:04pm

RE:RE:RE:Novra Announces Convertible Loan of $12 M

The conditions of this loan are unheard of. A U.S. private equity firm is interested in taking a potential controlling position in the company. Looking forward to learning about who the private ...more  
Comment by mlmack66on Sep 11, 2024 8:34am

RE:RE:Novra Announces Convertible Loan of $12 M

I could see a loan like this happening but thought it would convert at $0.12 per share max. What does Novra have that someone would think it is this valuable. I wonder if Harris or the new board ...more  
Comment by Ciaoon Sep 10, 2024 6:07pm

RE:Novra Announces Convertible Loan of $12 M

Wow, this is huge. A interest rate of 1%. Convertible debentures with conversion at .34. It lookis like Mr. Liontas will probably get his $1.3M bonus as several conditions will be met. https ...more  
Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}

At the Bell logo
A daily snapshot of everything
from market open to close.

Podcasts