Spectra7 Microsystems Inc (SEV) News

You read the release. The numbers are there. Unless they scrape missing 8.5% (roughly), they don’t.

Do they have the votes to push it through without us?

it is easier to fool the SEV123s of the world then to convince them they have been fooled!

400k shares voting no as well

April 14th. 130k voting no here

Future, stop it. You're going to make me buy more. LOL

“By 2026, we expect over 70% of the Cloud server market to be active copper. From a revenue perspective, the market will quickly exceed US$1bn and can exceed US$3bn by 2026, far higher than the DAC market it will replace. Active copper cables also help support the $20bn, and growing, Ethernet market in the data centre which is critical for the future growth of Cloud and AI/ML applications.”

“We are proud to have Volex as a partner for 800G interconnects using our GaugeChanger™ ICs,” said Spectra7 CEO Raouf Halim. “We see strong demand from customers for the low power cost effective 800G cables that we are jointly bringing to the hyperscale data center market.”

-uLTRA MAGA

I'm sure i i'm able to vote. Saxo, my broker hasn't send me anything.

The vote was on 14th?

Steve, SEV124, and other folks with large holdings, are you voting your shares towards this takeover? I won’t vote mine as would rather get zero than support those crooks. It Is now a matter of principle.

Lightwave is next!

Are you buying more today?

It's incredible really with all sorts of market beating products and patents s . No orders it's stayed at a market cap 20 million or less at 20 ,cents , for 6 or 5 years and for a market target that's supposed be worth 1 billion by 2027 ,manipulation !!!!!!!

We live in the world of lies, folks. Just remember that next time

He turned to be a phony

So he does increase shareholder value, just not for us but for those that own Parade and they will have a Parade after it closes and they laugh at us.

"We are thrilled by this outcome and excited to close this transaction. Spectra7's pioneering work and best-in-class Active Copper Cable products have a great partner in Parade, a powerhouse in the industry. Our customers, partners and industry will benefit tremendously." – Omar Javaid, CEO of Spectra7.

thrilled? wow Omar, just reread this, can't believe you chose to say that!

The Meeting has been set for April 14, 2025. The Sale Transaction is expected to close in the second quarter of 2025.

so I guess the stock will continue to trade until this date when it gets finalized

ouch! just glad I sold when I still had some profits here, kept a close eye because the potential was so huge, still wonder about that last news release speaking of a "major order", so was there really a HUGE order? and now Parade gets to be the one profiting? is Omar being paid by Parade all along?

So we can more than likely say that Fortune/Silicone Valley was just a plant, a paid shill, a pumper. All others have shown up said their piece but not this guy. Imagine what kind of a person does that. Yes ultimately we make our own decisions and I didn't buy on his pumps but at least we know why he was arrogant.

Actually this was in release,
In addition, as part of the acquisition, it is currently anticipated that a significant number of Spectra7's employees will join Parade, ensuring continuity of technical expertise and customer support. I'm sure on is Omar. This company just refuses to be up front.

https://thegeopolitics.com/semiconductor-diplomacy-the-21st-century-oil/

SeekingAlpha says the assets were sold for "undisclosed sum"? Does that means the management potentially gets more for their shares than us? Isn't it the case for a lawsuit? Not that I have money for that, just saying.

10+ years of the company history and the end like this....

So they now collecting shares on open market to get required 66.6% required for voting. Crooks, to say the least

Regulators must not allow/approve things like this. If they are they encourage crooks to continue activities that are criminal in nature

now if it comes to light that "major order" was for $100 million from Tencent, but failed to move the PPS higher, then you will know Parade gave shareholders a chance to get the PPS higher before the deal was final, but nobody believed the words "major order", not saying that happened, but I guess it is possible

per Gemini on Parade

Based on the information available, here's what I can tell you about Parade Technologies, the company acquiring Spectra7:

• Parade Technologies' Core Business:
o Parade Technologies, Ltd. is a leading supplier of mixed-signal integrated circuits.
o They are particularly known for their expertise in video display, touch controller, and high-speed interface ICs.
o They are a company that is traded on the Taipei Exchange (TPEx: 4966. TWO).

• Strategic Acquisition of Spectra7:
o Parade's acquisition of Spectra7's assets is aimed at strengthening their position in the high-speed data connectivity market.
o Specifically, they are interested in Spectra7's advanced active cable technology, which is crucial for applications in data centers, AI-powered computing, and next-generation consumer electronics.
o Parade intends to leverage Spectra7's technology to expand into these high-growth areas.

• Key Aspects of the Acquisition:
o The acquisition includes Spectra7's intellectual property, products, designs, and inventory.
o A significant number of Spectra7's employees are expected to join Parade, ensuring continuity of expertise.
o This aquisition will enable parade to increase their offerings in the high speed data transfer market.

• Market Focus:
o Parade is increasing its focus on the high speed data transfer market, which is being driven by factors like AI, and the ever increasing needs of data centers.

In essence, Parade Technologies is a well-established company in the semiconductor industry, and they are strategically acquiring Spectra7 to enhance their capabilities in the growing high-speed data connectivity market.


is Tencent one of Parades customers?

Unfortunately, definitively stating whether Tencent is a direct, named customer of Parade Technologies is difficult without access to specific, non-public customer lists. However, we can analyze the situation based on what we know:

• Parade Technologies' Market:
o Parade Technologies supplies mixed-signal ICs for display and high-speed interfaces. This means their products are used in a wide range of devices, including computers, consumer electronics, and display panels.
o Given Tencent's massive presence in online gaming, cloud computing, and various digital platforms, it's highly plausible that they utilize components from companies like Parade Technologies.
o Tencent uses large amounts of data center equipment, and Parade is moving more heavily into that market.

• Tencent's Technology Use:
o Tencent relies heavily on advanced technology for its operations, including high-speed data transmission and display technologies.
o Therefore, they are likely to work with numerous semiconductor suppliers, including those specializing in the areas where Parade Technologies excels.

• Supply Chain Complexity:
o In the electronics industry, supply chains are often complex, with components passing through multiple manufacturers and assemblers. This can make it difficult to trace direct customer relationships.

In conclusion:

• While I cannot provide definitive confirmation, it is highly possible that Tencent utilizes Parade Technologies' components in their various technology applications.

• Parade technologies sells to OEM's, and those OEM's could very well be producing products used by tencent.

• Given the nature of the industry and the products that Parade technologies produces, it is very likely that large companies such as tencent, are utilizing products that contain Parade technologies products.

Therefore, while a direct "yes" or "no" is hard to give, the market presence of both companies makes it very likely they are involved in some level of business with each other.

Now I am pretty sure Omar was Parade's reference at that point, and likely got paid for preparation of the deal under the table.
It was a well pre-orchestrated acquisition.

Ok, makes sense. All the pieces of the puzzle now come together. They hijacked the company for peanuts.

One thing in that release is, no mention if Omar or employees or management staying on.

You attacked anyone that provided a counter point! You deserve what you like Trump

My guess is that unnamed investor is Parade Technologies

Also, what about the unnamed investor who funded them for 10MM CAD last year in exchange for 100+ million shares…

I can see someone would sue them, albeit with no tangible result…

They definitely have. Not to mention the news release about the follow on order in an effort to pump up the stock so those in the know can dump at a higher price than the asset sale. I am pretty shocked by how this played out. Thankfully my losses are no where near others on this board.

Yes, SEV123, they stab you with a knife in your back any time, therefore they cannot be trusted. Another lesson learned - avoid people with names Raouf and Omar from now on. I will…

And did we ever hear from Omar.
I'm fine, this force my hand and you move on but just wanted to post a few posts that we thought would see company around a little longer and stuck with it.

GARYM1

Re: Robert31 post# 11156

Wednesday, January 08, 2025 3:09:13 PM
Post# of 11546
As per Omar,do not expect a forecast for a few quarters.

SiliconValleyExec

Re: SEV123 post# 11139

Monday, January 06, 2025 7:57:17 AM
Post# of 11545
My friend, Omar will provide something soon.

GARYM1

Re: yp_1 post# 11276

Friday, January 31, 2025 8:38:51 AM
Post# of 11544
According to Omar we are testing thru April and will see results at that time.

Omar Javaid

I transform technology companies and grow shareholder value.
7h

Bona fortuna

https://www.linkedin.com/posts/ojavaid_amazons-moonshot-plan-to-rival-nvidia-in-activity-7269206112002883584-_CS5?utm_source=share&utm_medium=member_desktop

By the way, didn't new CEO/President say on his Linkden that is "known for increasing shareholder value." Just how much less did this get sold for from when he took over?
His credibility is now shot and should no longer be able to use that line. Just sad, real sad.

Thanks for empathy

Sorry to hear. I took a hit but no where close to that.

And this is because humans only hear what they like to hear. For everything else, “blinders on”, unfortunately.

Over half a million CAD is lost on my side as a result.

Whoever it was we all fuelled him, let’s admit it

So who was Future/SVE? Just a paid pumper on the boards? A shorter? When you looked at the outrageous things he was saying it can only make you ask those questions.

Yes, the main lesson is you should start worrying when the captains says "Everything is just fine, folks"

I guess we learned a valuable lesson. Seems more and more we were just lied to. YP, yes I forgot about Raoulf selling.

The tech was not drastically better as it was portrayed.

Steve, I question why then if S7 had the best ACC's, and the patents to boot, why wouldn't one of the hyperscalers have just acquired them and not have to pay the MACOM or Semtech prices which includes profits for those companies, they could have owned the technology from S7 for what would have amounted to less than that differential in getting their ACC's, makes no sense, in any case I feel bad for you and others here who had large positions, I have been keeping a close eye here for a long time looking for signs of life to jump back in but fortunately I exited this one long time ago while I was still ahead

The curtain has fallen. Pretty much the poor balance sheet is what did it I was told. No hyperscaler is willing to take that risk, no matter how good the technology is. And if others can give you the same tech, it's an easy pick.

Good luck everyone.