Spectra7 Microsystems Inc (SEV) News

As of today your company is officially debt free. Pathfinder Asset Management was your largest shareholder. Soon you will see if they were also your 'Lead' investor. Keep your eyes on the filings.

The next big news is a RS to bring value to shareholders!! LOL

By now, SEV has put more money in than RH. RH must be feeling jelly!.

Company has stated many times the lead time is 8 weeks so moving forward today's date under that time frame is middle of July and if delivery is expected for Sept we can assume they meaning customers still have time to order for Sept delivery.
But that window is getting tight.

SVE do you know if there are customers already committed to use S7 ACC's once the 800gbs deployments begin, if so, why would they not want to be placing orders now for anticipated 2nd half deployments as there would naturally be expected lead time for the manufacturing of the needed cables in volume

Large investor owning majority shares in this case is very good, not bad. Before this PP management and one other medium investor were the only ones with skin in the game to assure its continued survival at whatever cost. Now a large institution owns much of the shares and will assure a well funded corporation until profits remove that need.

In your opinion, what will the 10 million be used for...........keep the lights on for another 2-3 quarters or investment in inventory for a ramp up? Every raise for the past 18 months has just been to keep the lights on.

Also, how many shares are currently outstanding? I've lost track when you account for warrants and convertibles. I'd like to understand the current market cap at 9 cents per share but I have no idea what amount of shares to multiply 9 cents by.

So any "guess" who the large investor is? Anyone have info on that??

You helped someone OUT. That is admirable.

Was just going to post the same.

You misunderstand my friend. Available share amounts for management are limited when large investors want to own large portions. And one large investor wanted to own a very large portion.

$250k at .10 cents doesn’t strike me as conviction if you truly know (like they should) big things are coming. I’d have put much more in if I were in their shoes and KNEW sales were coming. $250,000k probably wouldn’t cover the annual tax bill for RH house. Pocket change.

$250k at .10 cents doesn’t strike me as conviction if you truly know (like they should) big things are coming. I’d have put much more in if I were in their shoes and KNEW sales were coming. $250,000k probably wouldn’t cover the annual tax bill for RH house. Pocket change.

Insider purchases of recent offering.
RH, $250,000 = 2,500,000 shares
RP, $250,000 =2,500,000 shares

I bought today

I don't see many buying ,once bitten twice shy or in our case 10 times bitten extremely nervous.
Validation before buying

All about news now either playing with the big boys or actual sales. I guess all we can do now is sit back and wait....maybe do a little buying.

any excitement over this stock has been sucked out of the air. Volume and price suggest this will be a very long road to any sign of life

Clever, lets just say your post was so META.

Well, until they actually get some revenue the share price will likely be stagnant. If too much time passes until then, I think many of the retail investors will just loose confidence sending the share price in a downward spiral. Probably be sitting at 13 cents for a while until they announce their Azure and Oracle partnerships lol!

Funeral silence on the board...

Our Oracle left the board a few days ago for greener pastures.

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!

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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 😀😀

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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.