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Spectra7 Microsystems Inc (QB)

Spectra7 Microsystems Inc (QB) (SPVNF)

0.0179
0.00
(0.00%)
Closed March 25 4:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.0179
Bid
0.0155
Ask
0.0179
Volume
2,000
0.00 Day's Range 0.00
0.011 52 Week Range 0.4977
Market Cap
Previous Close
0.0179
Open
-
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
97,048
Shares Outstanding
142,444,592
Dividend Yield
-
PE Ratio
-0.35
Earnings Per Share (EPS)
-0.06
Revenue
9.95M
Net Profit
-8.18M

About Spectra7 Microsystems Inc (QB)

Sector
Blank Checks
Industry
Semiconductor,related Device
Headquarters
Markham, Ontario, Can
Founded
2010
Spectra7 Microsystems Inc (QB) is listed in the Blank Checks sector of the OTCMarkets with ticker SPVNF. The last closing price for Spectra7 Microsystems (QB) was $0.02. Over the last year, Spectra7 Microsystems (QB) shares have traded in a share price range of $ 0.011 to $ 0.4977.

Spectra7 Microsystems (QB) currently has 142,444,592 shares outstanding. The market capitalization of Spectra7 Microsystems (QB) is $2.55 million. Spectra7 Microsystems (QB) has a price to earnings ratio (PE ratio) of -0.35.

SPVNF Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.00021.129943502820.01770.0180.011473960.01772629CS
4-0.0346-65.90476190480.05250.05280.0111976580.0230709CS
12-0.0491-73.28358208960.0670.1240.011970480.03268036CS
26-0.0741-80.54347826090.0920.150.011606990.04818902CS
52-0.3614-95.28078038490.37930.49770.011539000.06902831CS
156-1.3082-98.65017721141.32611.330.011414900.3775484CS
260-0.0001-0.5555555555560.0182.340.0001712870.25102393CS

SPVNF - Frequently Asked Questions (FAQ)

What is the current Spectra7 Microsystems (QB) share price?
The current share price of Spectra7 Microsystems (QB) is $ 0.0179
How many Spectra7 Microsystems (QB) shares are in issue?
Spectra7 Microsystems (QB) has 142,444,592 shares in issue
What is the market cap of Spectra7 Microsystems (QB)?
The market capitalisation of Spectra7 Microsystems (QB) is USD 2.55M
What is the 1 year trading range for Spectra7 Microsystems (QB) share price?
Spectra7 Microsystems (QB) has traded in the range of $ 0.011 to $ 0.4977 during the past year
What is the PE ratio of Spectra7 Microsystems (QB)?
The price to earnings ratio of Spectra7 Microsystems (QB) is -0.35
What is the cash to sales ratio of Spectra7 Microsystems (QB)?
The cash to sales ratio of Spectra7 Microsystems (QB) is 0.29
What is the reporting currency for Spectra7 Microsystems (QB)?
Spectra7 Microsystems (QB) reports financial results in USD
What is the latest annual turnover for Spectra7 Microsystems (QB)?
The latest annual turnover of Spectra7 Microsystems (QB) is USD 9.95M
What is the latest annual profit for Spectra7 Microsystems (QB)?
The latest annual profit of Spectra7 Microsystems (QB) is USD -8.18M
What is the registered address of Spectra7 Microsystems (QB)?
The registered address for Spectra7 Microsystems (QB) is 181 BAY STREET, SUITE 1800, MARKHAM, ONTARIO, M5J 2T9
What is the Spectra7 Microsystems (QB) website address?
The website address for Spectra7 Microsystems (QB) is www.spectra7.com
Which industry sector does Spectra7 Microsystems (QB) operate in?
Spectra7 Microsystems (QB) operates in the SEMICONDUCTOR,RELATED DEVICE sector

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SPVNF Discussion

View Posts
SteveSchiets SteveSchiets 47 minutes ago
i'm not selling. So who is?
👍️0
yp_1 yp_1 16 hours ago
Judging the daily volume, the takeovers are trying to scrape shares that are still required for them to push the deal through. I don’t know if those trades are result of the retail holders giving up on their stakes or they are just attempts of triggering that process. In any case, they will do everything to make this happen.
👍️0
yp_1 yp_1 7 days ago
You read the release. The numbers are there. Unless they scrape missing 8.5% (roughly), they don’t.
👍️0
SEV123 SEV123 7 days ago
Do they have the votes to push it through without us?
👍️0
jacksonjohn jacksonjohn 7 days ago
it is easier to fool the SEV123s of the world then to convince them they have been fooled!
👍️0
RiskyRascal RiskyRascal 1 week ago
400k shares voting no as well
👍️0
Jeff C Jeff C 1 week ago
April 14th. 130k voting no here
👍️0
jacksonjohn jacksonjohn 1 week ago
Future, stop it. You're going to make me buy more. LOL
👍️0
jacksonjohn jacksonjohn 1 week ago
“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
👍️ 1
SteveSchiets SteveSchiets 1 week ago
I'm sure i i'm able to vote. Saxo, my broker hasn't send me anything.

The vote was on 14th?
👍️0
yp_1 yp_1 1 week ago
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.
👍 1
jacksonjohn jacksonjohn 2 weeks ago
Lightwave is next!
👍️0
jacksonjohn jacksonjohn 2 weeks ago
Are you buying more today?
👍️0
$$$83 $$$83 2 weeks ago
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 !!!!!!!
👍 1
yp_1 yp_1 2 weeks ago
We live in the world of lies, folks. Just remember that next time
👍️ 2
yp_1 yp_1 2 weeks ago
He turned to be a phony
👍 1
SEV123 SEV123 2 weeks ago
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.
👍 1
prototype_101 prototype_101 2 weeks ago
"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?
👍️ 3
SEV123 SEV123 2 weeks ago
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.
👍️ 1
SEV123 SEV123 2 weeks ago
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.
👍️0
$$$83 $$$83 2 weeks ago
https://thegeopolitics.com/semiconductor-diplomacy-the-21st-century-oil/
👍️0
yp_1 yp_1 2 weeks ago
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.
👍️ 2
yp_1 yp_1 2 weeks ago
10+ years of the company history and the end like this....
👍️0
yp_1 yp_1 2 weeks ago
So they now collecting shares on open market to get required 66.6% required for voting. Crooks, to say the least
👍️0
yp_1 yp_1 2 weeks ago
Regulators must not allow/approve things like this. If they are they encourage crooks to continue activities that are criminal in nature
👍️ 1
prototype_101 prototype_101 2 weeks ago
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.
👍️ 1
yp_1 yp_1 2 weeks ago
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.
👍️0
yp_1 yp_1 2 weeks ago
Ok, makes sense. All the pieces of the puzzle now come together. They hijacked the company for peanuts.
👍️0
SEV123 SEV123 2 weeks ago
One thing in that release is, no mention if Omar or employees or management staying on.
👍️0
jacksonjohn jacksonjohn 2 weeks ago
You attacked anyone that provided a counter point! You deserve what you like Trump
👍️0
CleverAces CleverAces 2 weeks ago
My guess is that unnamed investor is Parade Technologies
👍️0
yp_1 yp_1 2 weeks ago
Also, what about the unnamed investor who funded them for 10MM CAD last year in exchange for 100+ million shares…
👍️ 1
yp_1 yp_1 2 weeks ago
I can see someone would sue them, albeit with no tangible result…
👍️0
CleverAces CleverAces 2 weeks ago
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.
👍️ 1
yp_1 yp_1 2 weeks ago
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…
👍️0
SEV123 SEV123 2 weeks ago
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.
👍️ 1
SEV123 SEV123 2 weeks ago
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.
👍️ 1
SEV123 SEV123 2 weeks ago
SiliconValleyExec

Re: SEV123 post# 11139

Monday, January 06, 2025 7:57:17 AM
Post# of 11545
My friend, Omar will provide something soon.
👍️ 1
SEV123 SEV123 2 weeks ago
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.
👍️ 1
SEV123 SEV123 2 weeks ago
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
👍️ 1
SEV123 SEV123 2 weeks ago
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.
👍️ 1
yp_1 yp_1 2 weeks ago
Thanks for empathy
👍️ 1
SEV123 SEV123 2 weeks ago
Sorry to hear. I took a hit but no where close to that.
👍️0
yp_1 yp_1 2 weeks ago
And this is because humans only hear what they like to hear. For everything else, “blinders on”, unfortunately.
👍️0
yp_1 yp_1 2 weeks ago
Over half a million CAD is lost on my side as a result.
👍️0
yp_1 yp_1 2 weeks ago
Whoever it was we all fuelled him, let’s admit it
👍️0
SEV123 SEV123 2 weeks ago
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.
👍️0
yp_1 yp_1 2 weeks ago
Yes, the main lesson is you should start worrying when the captains says "Everything is just fine, folks"
👍️0
SEV123 SEV123 2 weeks ago
I guess we learned a valuable lesson. Seems more and more we were just lied to. YP, yes I forgot about Raoulf selling.
👍️0
yp_1 yp_1 2 weeks ago
The tech was not drastically better as it was portrayed.
👍️0