Post by
tradersam99 on Jan 29, 2021 5:20pm
Email from Spectra7 (Re-post from ceo.ca)
Hi
You may have seen our Q3 results Press Release which highlighted 2M in orders over Q4 as of Nov 30th. We are currently about to close up a private placement which will help us fulfill those orders bringing substantial revenue through the door. We expect to have an update by end of the quarter.
Regards,
James Bergeron
Spectra7 Microsystems Ltd.
Comment by
Boyscout on Jan 29, 2021 11:14pm
that sounds to me like q4 is going to be horrible they didnt raise funds until this current quarter... thoughts?
Comment by
SteveSchiets on Jan 30, 2021 3:34am
I find this hard to believe. Didn't they have any money to fill those orders? I hope you are wrong.
Comment by
ypl6r1 on Jan 30, 2021 8:11am
Steve, $0.03 shares become scarce. There will be more people with posts like this tryig to help to fulfil their orders before the SP goes up, which will likely to happen as soon as the second tranche is closed. Personally I just put them on ignore.
Comment by
jackthebear1 on Jan 30, 2021 12:51pm
They can fill the Q4 orders because they ,I believe are in a position to ask for 50% up front thus giving them the cash to start the ball rolling. I also don't think we will need to wait until April to see an improvement in the shareprice.
Comment by
Boyscout on Jan 30, 2021 12:56pm
ah I c thank you that does make sense
Comment by
WonderNews2 on Jan 30, 2021 6:33pm
Someones been dipping into the sauce this evening.