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Bullboard - Stock Discussion Forum Spectra7 Microsystems Inc V.SEV

Alternate Symbol(s):  SPVNF

Spectra7 Microsystems Inc. is an analog semiconductor company. The Company delivers analog semiconductors at a bandwidth, speed and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality (VR), augmented reality (AR), mixed reality, data centers and other connectivity markets. It creates silicon products that enable copper cables to be longer, thinner,... see more

TSXV:SEV - Post Discussion

Spectra7 Microsystems Inc > Email from Spectra7 (Re-post from ceo.ca)
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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 tradersam99 on Jan 30, 2021 6:58am
Always looking Backward... "Hey, look, I Used to Be Broke!," Says the man who just won a billion dollars. "Oh my, what a terrible childhood I've had," Says the mom who has a great husband and happy, healthy children. Yeah, let's all look back on what a BAD past Spectra7 has had...all the while Spectra7 is selling chips hand over fist for the foreseeable future ...more  
Comment by Boyscout on Jan 30, 2021 11:47am
you didnt answer the question. I'll rephrase. The earning report most likely comming out around april do you think it will show massive improvement? If so how when they only just recently raise this funding this quarter. And state they needed more money to fill the orders? This isnt negativity I own this stock stock. I cant buy anymore because i used 80 percent of my saving in the past 5 years ...more  
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 tradersam99 on Jan 30, 2021 5:17pm
This is still looking backwards. Yes, I understand that Spectra7 has been on a Very rough ride for 5 years. I too have been invested that long, and I really hope you were able to spend at least Some of that 80% on the stock when it was in this incredibly low range. But, even with Admitting it has been a Hard Long wait, this is a Ver Different situation now. We are No Longer talking about a ...more  
Comment by WonderNews2 on Jan 30, 2021 6:33pm
Someones been dipping into the sauce this evening.
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