Post by
itryhard on Feb 05, 2021 6:14pm
SPVNF technology/products are excellent! SPVNF as a Co.?
Bought back in today for 40,000 shares at $.0268 average. Took allot of patience and that is all I could get today at my price, Still remain a buyer. It took years, guts and patience to average down and sell in the not to distant past. Got out near even at $.055. It is hard to believe my first buy was at around $0.2 near 5 years ago. A paid for service small cap advisory convinced me at the time. SPVNF has a portfolio of great products and a massive market to serve. It is difficult to understand why they continually execute so poorly. If SPVNF receives bonified orders they could turn around an ABL credit line to fulfill the orders in literally 2 weeks. In today's interest rate environment ABL's are literally searching out places to lend. ABL's pay nearly nothing for capital and lend out at a very substantial spread. Why can not SPVNF secure an ABL line of credit?
Comment by
WonderNews2 on Feb 05, 2021 6:27pm
This latest round of financing is to fullfill orders but now its a Chip problem. These guys are the most unlucky I ve ever seen.
Comment by
itryhard on Feb 05, 2021 7:50pm
Chip problem? Are you trying to buy at a lower price? Is this real? A chip problem would be a disaster. What about all these successfully tested design-ins which have been repeated over and over by the CEO. Why would chip problems show up at this late stage? I am searching and I can't find anything about this..
Comment by
WonderNews2 on Feb 05, 2021 6:28pm
You'll be able to by below 2.5cents next week... Just watch.
Comment by
Josestolemytaco on Feb 05, 2021 6:46pm
Where did you hear about a "chip" problem?
Comment by
Spectra7 on Feb 05, 2021 6:57pm
The most reliable source on anything Spectra7...TS99.
Comment by
itryhard on Feb 05, 2021 7:42pm
Weii it took a while to scalp the 40,000 shares I got today and I was trying to buy 100K. I am still buying. I hope you are right. Goal has been to replenish my position at $.025. Got impatient and stepped up a bit.