Novra Technologies Inc V.NVI

Alternate Symbol(s): NVRVF

Technology Communication Equipment

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 provision of end-to-end solutions to traditional and non-traditional video networks; infrastructure solutions for broadcast radio networks, including uplink and receive site equipment, as well as network management, encryption, and targeted regionalization/ad insertion options; and data distribution for hardware infrastructure, as well as content distribution network software solution; and turnkey infrastructure solutions for broadcast radio networks small, medium, and large. It also provides digital cinema network infrastructure and services; appliances for cinemas; decoders for live events; alte...

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Novra Technologies Inc

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Comment by mlmack66on Sep 11, 2024 8:34am

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Post# 36218174

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 member was behind this. I believe at arms length would mean it wasn't their direct money. 36M shares on conversion is more than the current outstanding shares. There has to be more to this story.

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