Spectra7 Microsystems Inc (SEV)

[tedpeele]

summary of SPVNF on the new Virtual Reality board. IMO one of the best public VR investments.:


SPECTRA7 MICROSYSTEMS - (TSXV: SEV, US: SPVNF). http://spectra7.com They trade on the grey market, with avg vol in last 30 days (3/5) of 45,000. Float reported as of 2/23/16: 116m shares

Per their website, "Spectra7 makes the electronic products we use everyday dramatically thinner, lighter and higher performance. These products include ultra-thin 4K Panels, ultra HD displays, head-mounted displays for both Virtual Reality and Augmented Reality, Drones and Data Centers." They have 47 patents and are in over 50 products. In October 2014 they announced an order to be in over 500,000 VR headsets. Lots of great Prs:http://spectra7.com/news ,

According to Sophic Capital, while the company has remained silent, according to their report, Spectra7 provides a key component that powers Oculus headsets!
"The component is Spectra7’s VR7100 processor, which 'reduces the size and weight of HDMI interconnects while supporting 4K 60FPS video' according to the product brief. iFixit’s teardown folks were far more explicit: “Hot stuff!” they commented" http://sophiccapital.com/wp-content/uploads/2014/11/Download-Full-Virtual-Reality-Report-Here.pdf

They say in another report: "Spectra7’s interconnect chips will likely find homes in HMDs. Some HMDs will succeed; others will vanish; and Spectra7 Microsystems will win regardless of which HMDs consumers purchase". More info here: http://www.cantechletter.com/2015/12/small-cap-discoveries-for-2016/

On Jan 16, 2016 (only 16 days in!) the Company also announced that it has already received customer orders for the first quarter of 2016 that exceed the $1.6 million in expected revenue for the fourth quarter of 2015. “The year 2016 is off to a great start as new product design-ins begin to convert into volume orders”, stated Tony Stelliga, CEO of Spectra7. “We believe that 2016 is going to be a break-out year across a variety of product categories that could use Spectra7’s patented technology.”