Spectra7 Microsystems Inc (SEV) News

Thanks for posting this. Very helpful!

Both those posts are so META.

From the release,
In connection with the Private Placement, the Company and a lead investor in the Private Placement (the "Lead Investor") have entered into an investor rights agreement (the "IRA") whereby the Company has granted certain rights to the Lead Investor, including: (a) a nomination right with respect to one director on the board of the Company; (b) a pre-emptive right and top-up right in connection with certain future equity financings by the Company, each right being provided to the Lead Investor to allow it to maintain its ownership level in the Company and being subject to the prior approval of the TSXV; and (c) registration rights in the event the Company lists the Common Shares on a U.S. national securities exchange and becomes subject to the reporting requirements of U.S. securities laws. The IRA shall be terminated in the event the Lead Investor’s ownership level in the Company, calculated on a partially-diluted basis, becomes less than 10.0%.

SavWhatt? Don’t forget NVDIA, future has connected so many dots.

LOL. so Oracle and Microsoft you say. You, at the bery least, seem extremely confident this will take off soon. Wish to share why / how you come to believe this?
Colour me curious.

Good one

But you can also consult an Oracle to divine more information.

I can Azure you things are going on.

For all the potential stated with the size of the market one has to ask why would a large investor pull out just as your about to start revenue ramp.
My guess is due to ramp being not as big as once thought

I don't think you are wrong with what you say and until the orders start flowing this is still not on solid ground.

Who will qualify a supplier that almost went BK and it can happen again? Yes, huge orders are being place by SEV for the stock. That is it. The next gift to retail from RH will be another RS!

I asked about your sentence where you call a person an idiot ??

He marks every single post I make here with a pile of poop...

Can you explain me your last sentence where you call another person an idiot ?

conservative fair valuation of this technology based on Developments and IP to-date would be $100-$500 million USD in my estimation, depending on the level of market penetration it could be much higher as well, my guess is S7 will either enter into a significant JV with the likes of MACOM or S7 will be an Aquisition target in 2025

as such imo S7 could easily be a 10+ bagger from today's PPS within 1-2 years

Hey, Rkf302, if you bend a stick too hard it might turn into a boomerang.
At some point I will come to the board you are on and start marking your posts with tons of various emoji too. I don't think you will like it.
Stop doing that you idiot...

Fully Diluted Shares and Market Capitalization

Following closing of the first tranche of the Private Placement and completion of the Debenture Conversion, the Company will have outstanding a total of 137,822,393 Common Shares, 98,564,320 Pre-Funded Warrants, 107,683,090 Warrants, 66,884,674 14% Warrants, and 17,052,840 9% Warrants.

https://spectra7.com/closing-of-first-tranche-of-private-placement-of-10-7-million

137,822,393 Common Shares
_98,564,320 Pre-Funded Warrants
107,683,090 Warrants
_66,884,674 Warrants 14%
_17,052,840 Warrants 9%
-------------------------------------------
428,007,317 Fully Diluted Shares

So at current 0.13 CAD or 0.095 USD the Market Cap is (SEV) $55.6 Mil CAD or (SPVNF) $40.6 USD

Rkf302 the 1d10t is back from vacation. Welcome back! I hope your investment is working out for you.

And, I was warning people, the datacenters are still ok with 10,25, 40 GBps for the majority of the applications. Simply because there is no applications that would generate that rate of data. And, working with servers for over 30 years, I know that your bottleneck is not usually on the network side. Did anybody listen to me? Probably not. Most of you likely dismissed it, because you always view my posts as negative.

Also, I remember a long time ago, before FGNR learned about latency factor, he was bitching about my posts where I saiid latency is also important, and I explained the difference between bandwidth bound and latency bound applications. Simply because majority of the people of the board was not even aware of it and were focused only on the speed. Again, ignoring someone who might have more knowledge in the subject is usually not be a wise move.

SEV123 may say about zero value I bring, but the history says otherwise.

And, maybe, by warning (people new to the board) I saved them from making a mistake and investing in the stock. So the "value" I brought at this point could be significant to some and saved them money? You never know. I was warning several times there will be no movement until qualifications are done. And I did that more than once.

Allan Weckel, “Embedded with Spectra7's cutting-edge GC1122 chips, Volex's QSFP-DD High Speed #CableAssemblies soared past industry standards, delivering low pre-FEC bit error rates.”

In regards to "zero value", it all depends of your point of view what "value" is. For SEV123, FGNR and their followers the value is to preach constantly how great the company and their products are, while completely ignoring the fact the retail investors have been suffering for years. I don't care what FGNR says at this point by suggesting to buy more, etc. I have invested a lot of $$ in my shares. And where am I at this point? How one in the same shoes as I am should react when people like FGNR suggest to buy more? Right, "GTFO".
You can only be content and tolerant up to certain limit. And everybody has a limit. I hope nobody won't argue with that. My limit has been crossed.

Again, the "value" is a relative term. Trumpeting about the product means nothing if there is no buyers for it. So far we have none, hence no value in posts praising the company and the product.

Future, ignore works well. You’re right, this is a board to post, some just post negative stuff or anger and frustration has just taken over, I can’t fault them for that.

Anyway, your choice but I think best to post and use ignore, just my two cents and not worth much.

And yes I bought more on Friday and still have my debentures and warrants from previous PP.

Kytrader, I personally think they are superior. They were in recently in with two of the heavy weights, testing. In order to get in through front door you need some credibility, especially being as small as they are.

Recent shows DeSignCon and OFC also gave them the nod as they were invited. SEV by far has the best error rates.

I think they could have easily have sold this and all could have moved on but they were willing to put in more money, even before the PP failure.

As for Future, you have your opinions and he has his. Future has done a lot of DD and feels he has a good case for his postings.
Time will tell who was right. I know for a fact much of what he posts is on the money or at least hovering above the target.

My reason for blocking out a couple here is they offer zero.

I’m pissed with dilution but I think this should work out.

GLTA.

I'm Leaving, for Good. Here's Why:

I thought we were posting information and sharing thoughts on Spectra7. But I see now that this board is full of hatred and anger instead.

I don't need that in my already struggle-filled life. I'm moving on to better things... and better boards!

C Ya!

.
.
.
.

FYI - Volex and other significant manufacturers (industry leaders) has chosen S7 Chips for their cables. When and if 800 g orders flow,, S7 will get its share.

Allies? support? Ha! I didn't know this was a battlefield! I thought it was just a fun little message board to post stuff on.

"Tanks" for the clarification!

Ha 😀😀

.
.
.
.

Exactly, Macom and Semtech have had 2 years to catch up. Spectra hasn't announced any improvements and their current chip is 2 yrs old.

I'm officially putting Future on block. His posts are exhausting to read, his opinions are so far out in left field that they are fairytale at best. They sound like his Savwatt posts which is now worthless. All 5 of the company boards that he has posted on are bankrupt except for Spectra which is damn close.

Yes, they have raised enough to keep the lights on but they still mishandled it and caused massive dilution and they still have a chronic liar as CEO. Literally nothing the guy has said publicly in the past 18 months has been true. Get a new CEO, reverse split and up list to Nasdaq then things might get interesting.

Massive dilution and poor management is making me stay on the sidelines with only 1,000 shares. Let's see them announce 1 order more than a few million. I do agree, the downside is limited for now but a few more quarters of no revenue and we'll definitely be looking a Savwatt situation.

It is not about that.
It is about the fact the behemoth companies we target will never deal with a micro company like S7, due to complete uncertainty of its business.
Tough times...

SEV said, how much superior is SEV's chip, that's a really good question that I don't think anyone here has the direct definitive answer to yet

BUT.... I do recall in an interview that RH when talking about S7 ACC's versus the competition, pointing out that S7 chips would very likely be superior because of how complex the innerworkings of the chips actually are, and how much time S7 had spent in perfecting these chips, RH said as such that it would be very difficult for these competitor companies to be at the same level of performance as S7 chips

and could the competitors even replicate the performance without infringing on the S7 patents?

this is why I believe that S7 likely will either be involved in a JV Agreement with the likes of MACOM etc, or ultimately just be an acquisition target

also, I think the problem in the past preventing ACC's from getting implemented has been the extension of the life of the passive DAC (mainly by the developments of the Tomahawk series of Switches), but at 800gbs finally the passive DACS Reach becomes to short at 1.5M to 2M max

Questions is, how much superior is SEV's chip, especially when it comes to error rate?

It is all words, nothing else, Words without any proof. You say whatever you want to support your agenda that helps you to make profit out of others wrong decisions . And you might succeeded by doing so as more people on the board might fall for the propaganda you spread around. The money I put in the company were put before I lost confidence in it. Not a single cent was put in after that. My last investment was at 0.56 CAD. Spin what I state any way you want: call me a liar. This does not change anything, aside from stressing my point about you not being a genuine in what you say on the bard. Even your former allies no longer support you…

I just realized the incredible irony of what goes on here. My reasoning is being questioned at every turn by people who Don't believe in this Company, yet they put their Money into it!

Wow.
.
.
.
.

Please... What a false statement. Whether or not someone breaks even or makes a profit has only to do with their own, individual cost basis.

As we all have various cost bases, we will all have different outcomes. I'm happy with my cost basis, because I bought more at very low prices.

But, of course, I can see why someone would not be happy if they failed to take advantage of this low price.

.
.
.
.

The problem is, insiders will likely get their investments back, but average retail investor might just break even. Nothing to be excited about, no matter how the cheerleaders of the board try to spin it.

Who do you think I think knows more about what's going on with Spectra7?

1) Ron Pasek, CFO of NetApp when Netapp and Nvidia began their A.I. venture together. The same Ron Pasek who is Chairman of Spectra7. The Same Ron Pasek who has now put in over $5 Million dollars of his own money into Spectra7, even after all the turmoil?

Or

2) You.

Take a wild guess...

You see, I follow actions of those who KNOW, not the words of those who blow...


.
.
.
.

If S7 starts getting traction to where it may address a fraction of the market, a Macom or Semtech would buy the company.
I think S7s potential is a 300 - 400M valuation company at most before they get bought out.
I think insiders know this, and for that reason there was that much of dilution. Put in enough money to get s7 to a point where competitors need to buy the company, and 10x investment.

1 billion market cap by what time frame and all available today for .125 cents a share.
Do I have that right

OK, so based on your 400 million share number, and on Credo's added $1.5 billion market cap for just the AEC portion of their business, I would have to assume that the ACC market, being much more in-demand than the AEC market would have to be worth 3 Billion.

That 3 Billion would be shared by the three largest Linear ACC players, Macom, Semtech, and Spectra7.

Spectra7 being the only player that went to the Ethernet Alliance PlugFest, and the only player that is being touted by ACES and Volex, I would have to say that, at the very minimum, Spectra7 will address 1/3 of the market. So that's a one billion dollar added market cap, based on how Credo was immediately priced-up as a result of their statement that AEC's would account for half of their future revenues.

So, don't shoot the messenger here... this is based on what the market has already done. And the implication is that at least a billion dollars in market cap would have to be added to any player controlling 1/3 of a 3 billion dollar value added.

So 400 million shares outstanding divided into a billion dollar market cap= $2.50 per share.

(of course this implies that Macom and Semtech would share the other $2 billion in value added. If Spectra7 controls less, or more, of that percentage, then the above share price would adjust accordingly).

.
.
.
.

Lets say this is it, about 400 million shares.

Funny, on the contrary, I can see that they are now, finally, closer to actually executing on their 800G market plans than ever before.

What many here seem to miss EVERY SINGLE DAY is that THE ENTIRE INDUSTRY thought 400G would take over by 2018 and 800G would begin in 2019.

That OBVIOUSLY didn't happen. Yet Broadcom, Nvidia, Cisco, and, yes, Spectra7, along with a whole slew of trade publications thought IT WOULD.

But it didn't for various reason we now already know about.

NOW 800G HAS TO HAPPEN thanks to A.I. 800G has ALWAYS been the sweet spot for Spectra7... It just did NOT arrive as early as EVERYONE thought it would.

Now it's here... Finally.

So, again, yes, on the contrary, I can see that they are now, finally, closer to actually executing on their 800G market plans than ever before.

.
.
.
.

My issue is that this incredibly complex transaction was not planned. It was an, oh we messed up, we need to completely change our strategy. Right decision at the end of the day. Cost everyone a bunch in dilution. Biggest issue from my end is the loss of credibility of the management team.

I too see the potential with this company. However, i have less optimism that they can actually execute on the opportunities in front of them.

Do you REALLY think they just did this incredibly-complex transaction, including the forced conversion of debentures and elimination of debt, plus putting in an ADDITIONAL $1.6 Million of their own dollars, again, knowing that, as you say, they have no customers?

Do you REALLY think that? Because if you do, then it is for sure YOU you has been smoking something.

This incredibly complex deal was put in place and completed, and $1.6 million more dollars was put in by insiders, for a very specific reason.

If you don't see that, maybe you're seeing something else as a result of your smoking fascination.

.
.
.
.

It would be interesting to hear your perspective on how this complete 180 unfolded. It obviously was not planned given the previous announcements of a modest placement and the liquidty crisis.

Future, I want whatever you are smoking. How you have deduced these…predictions… from a company that is essentially pre-revenue with no customers and now less than $10m in the bank is quite extraordinary. Dont get me wrong, I hope what you say materializes… but there is alot that has to happen from now until a $1B valuation with a management team that just almost accidently had the company go insolvent.

That depends on the final share count. I see the Market Cap going to at least half of that of Credo, since half of Credo's market cap is based on the less-needed AEC tech.

If you can tell me what the final share count will be, I can give you a per share price estimate.
.
.
.
.

Not complaining, merely pointing out the unfortunate situation this turned into..

So where do you ultimately see share price climbing to?

Once again, what is done is done. You Cannot change it. You Will not change it. You Can complain about it for the rest of your life, yet it will still be a fact.

Your complaining does NOTHING to change it! But it Will likely harm you emotionally and psychologically over time if you choose to keep doing it.

It is DONE.

I have moved on (although I did buy as much more as I could afford!).

.
.
.
.

Future, even though I make a profit at $1.42 it's far from that $10, $20 or $30 that was previously mentioned.
Dilution sucks.

I think this will be the straw that breaks the camels back if the ramp up doesn't produce the results we need and at this point it's just get the shareprice above a buck for starters