Spectra7 Microsystems Inc (SEV)

[yp_1]

Grasping to straws SEV123 ?

[SEV123]

Amazing when you get a poster saying we are reading between the lines. I suggest if that poster has any many shares as he claims he has then he should have the bat phone directly to Ron’s office and this poster who claims to have so many shares would actually hear for himself where things stand so I say either call Ron or STFU cause you have nothing to criticize anyone those that dud and were gracious to post it. Ungrateful puke.

We don’t what’s going to happen or if company will even survive but at least we tried to get some information to make some sort of a decision. 400k man as as you call yourself what have you done to inform board besides be a a whining baby?

[kytrader77]

Insiders not stepping up to make up difference tells you all you need to know about order visibility.

[yp_1]

And the local cheerleaders still read between lines hoping there was a a hidden message that would boost their confidence.

[GARYM1]

Or they already have a buyer for patents and debenture holders are 1st inline for payout

[yp_1]

At very least they should have come up with a message explaining what exactly went wrong this time. No transparency whatsoever, and yet they still put words “shareholder value” in their PR…

[blue_skies]

It is disturbing that management(especially RH) have not stepped in. RH can afford to fund the PP by himself. So this leaves the question why is management not stepping up? What is the advantage to management by letting the company go into bankruptcy?

I believe that there will be a very expensive (for investors) PP. and bankruptcy will be avoided.

[CleverAces]

Assuming they can get financing (which if they dont this thing is done in a few days), the messaging they release will be absolutely critical. Management needs to voice that insiders have an unwavering commitment to this company to continue funding it until its products can be commercialized. Any message short of that will kill S7s future, even if that future is merely liquidating their patents and closing shop.

[yp_1]

And phone calls to the company with attempts to analyze the tone of voice of the person you call and figure out what might be going on is grasping to straws, to say the least. Like Gary said, even if they know things are bad, they will never show this to you. And you would not either if you were them.

[yp_1]

True. Nobody deal with companies that are about to go kaput.

[SEV123]

Steve, were you buying shares to try and keep share price up or because you believed in technology or for both reasons?

[blue_skies]

That mirrors the message that Mr Pasek left on my phone.
I followed up with a thank you email. And asked what organizational changes the company was considering?, I have not received a reply and do not expect one.

Steve's post about high risk high reward says it all.

[SteveSchiets]

I can't believe I held up the stockprice (with little money), causing the PP setprice to high.

[GARYM1]

With all that is going on how many potential customers do you think are looking to place orders.
Sadly I think zero.
They say competition is good for business,this situation is good for our competition.

[deeceewee]

In my recent discussions with the company they have been measured but reassuring.

Do what you will with that, it's just my opinion.

[SEV123]

Yp can't respond as a reply as you are still on ignore but not on my IPAD where I see your message and come to the conclusion you can't comprehend.

Firstly I was replying to Hunting and not to Gary so what does me telling Hunting nothing wrong with selling, what does that have to do with Gary?

As for Gary, Mr. Negative without ever providing anything worthwhile. Both Blue and I reached out to Ron and posted what he said and instead of getting a thanks for update he gives us a stupid "what else was he going to say?" Then lies that he conversed one way or another with Ron.

"Tolerant of B.S from Gary? So get your facts straight. You make no sense.

[Robert31]

I have had optimistic communication exchange with the company and its prospects for raising funds.

[GARYM1]

Believe what you will

[SEV123]

Good cause it's probably the way you approached him and I highly doubt you made contact or you would have said it earlier. No you just attacked and mock. You could have posted but you would rather post b.s.

[GARYM1]

I did and didn't feel the same positive attitude you did .

[yp_1]

During times like this we should be a bit more tolerant to each other

[yp_1]

SEV123, you said nothing wrong with selling shares, and at the same time you get mad at people’s comments on the board? This does not make sense.

[SEV123]

Gary, I suggest you make contact with him and then make your comments. How about just saying thanks to those took time to reach out to Ron and shared the information, didn't have to.....for F sake's.

[SEV123]

Nothing wrong with selling at times like this and take a wait and see approach.

My understanding is that one investor pulled out, I would assume it was a large investor and probably was closer to closing and caught SEV management by surprise

This by no means is me defending SEV it was probably a miscalculation , the agent they were going to use put crazy terms on the deal and they shifted. They probably thought everyone was in and since they were getting close to possible sales they didn't want to give in to those terms.

I think or at least hope all should work out. Time will tell. If we truly have the goods, someone will step.

Just my thoughts.

[GARYM1]

All in all it's not like he is going to say we screwed up but we tried.
Better luck next time.

[Hunting_for_multiples]

Thanks. This was an epic blunder and killed credibility for a team on thin ice. I ended up selling a large portion of stock as I couldn't justify the risk with some much uncertainty.

Would buy back of course but it's hard to overlook the CFO and CEO in this case.

[SEV123]

Same. Give him credit for not ignoring or some would say hiding and message was optimistic as well.

[SteveSchiets]

Thx for the feedback. Let’s hope we will get some news this week

[blue_skies]

I reached out to Ron and he returned my phone call and left a message. The tone of the message was positive.

[blue_skies]

I reached out to Ron and he returned my phone call and left a message. The tone of the message was positive.

[Spectra777]

Not if buyer can

[GARYM1]

Agree and patents are worthless if you don't have cash to defend them.
Need a hail Mary at this point

[yp_1]

He is probably busy with salvaging his portion at this point.

[SEV123]

I doubt any investors can be happy with current situation.

I agree, send complaints/concerns to Ron but I doubt you'll get a response during this period.

[SteveSchiets]

No worries X. I hope people buying here and get the perfect entry. High risk, very high rewards.

Not been able to close a modest PP, has me by the balls.

Price is what you pay, value is what you get. Warren B couldn’t have been more right.

[x993231]

How is it that the US price exceeded this today by so much?. The dollar is worth more. I had a buy order in, but I canceled it. Out of respect for stevey, I should stop posting l.

Good luck guys.

X. Honestly, I don't get this one.

[blue_skies]

Investors who are unhappy with getting two weeks notice prior to possibly closing the doors should be contacting the chairman of the board (Ronald J. Pasek). His email is listed at the bottom of the PR. (ronpasek-at-yahoodotcom)

Endless complaining here to one another does nothing. Action should be directed towards people who can make a difference at the company.

[Spectra777]

Regarding Microsoft and Open AI becoming more self reliant versus relying on NVIDIA.

https://www.windowscentral.com/microsoft/microsoft-and-openai-bet-dollar100-billion-to-free-themselves-from-the-shackles-and-overreliance-on-the-worlds-most-profitable-semiconductor-chip-brand-for-ai-chips

[x993231]

The only way to help during a PP is for qualified investors to participate, I would but I'm lost.

The harder it is to figure out the fewer the participants there are.

As info PP shares provide money directly to the company, typically paper shares with a minimum amount, warrants and they have a lock on the hold time, with an attorneys opinion.

Whatever.

X is lost on this one.

[SEV123]

Lastly and most important as I just found it and Future had actually posted link to 650 Group's comments about SEV at DeSignCon. I believe they were top dog at DesignCon because of low pre-FEC bit error rates, "SOARED PAST INDUSTRY STANDRADS"

Weckel X message
When it comes to "error rates" Alan Weckel put this out on X, At last week's DesignCon, Spectra 7 Microsystems and Volex showcased impressive performance with their 800G Active Copper Cables"

“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.”
Maybe if Future is still reading board he can repost that X message from Weckel of 650 Group. For some reason I can't upload it.

And there was also this from RCR Wireless News.
https://www.rcrwireless.com/20240202/test-and-measurement/test-and-measurement-fortive-expects-strong-growth-in-24

In other test news:
"-DesignCon was held this week, and test and measurement companies were out in force. Several test companies focused on a demonstration of 800G Active Copper Cable (ACC) products for hyperscale data center applications, with Keysight Technologies, Teledyne LeCroy and data center interconnect test specialist MultiLane Technologies all working with high-performance semiconductor company Spectra7. Meanwhile, Anritsu provided live demos of what it said was the world’s first PCIe Express 6.0 Link Training functionality and a four-port, 70 GHz differential vector network analyzer (VNA) system."

So are we to believe these two are in with some sort of scam? RH pulled the wool over their eyes and everyone else at DeSignCon?
In less than two months all blows up and they can't do a small raise?

[SEV123]

Bonnie " we have a good track record and never run out of money not because we raised so much but because we managed it well" Until now. The only thing that we know that changed is Bonnie not being there. What else is at play? We have no idea. Again if you still own this, it's worth listening to question. By the way short interest barely went up, just over 4k shares, April 15 report.
23 minute mark,

[SEV123]

Yes I think it got the best of most of us. I wouldn’t call it greed, did all my DD along with others here.

RH does say a lot of design wins but under NDA. That remains to be seen. Should be able to sell that if true.

[kytrader77]

I agree. I hope for the best for anyone still holding on. I lost a bundle listening to the caravan barker, RH. My 1,000 shares left are worthless to me.

Again, I should have known better and my investing senses have been saying something is off for 6 months and I ignored it. Microcrap greed! Lol

Why Bonnie left is still a mystery to me. It is a shame RH came back. Maybe things would be different with a different CEO.

Another super red flag, their last product design on their website is 2 yrs old. Nothing new and no diversification in 2 yrs!! All competitors ACC or AEC have had 2 yrs to catch up or have additional offerings besides ACC chips.

[SEV123]

Meant to say but Volex still in their presentation.

Did you believe Bonnie? And no she wasn't just saying what she was being told, she was the face of the company while RH was gone. RH didn't have to comeback especially if he knew this was all bull.

If Bonnie knew this was all bull she wouldn't have taken 3 months to leave, she would have left much sooner and kept holding on to her shares.

We don't know where this is headed and as I said, I hope for the sake of all shareholders this works out. That's all. Just trying to look for positives with all the negativity and I have no problem with the negativity as like mines, they are just opinions/guesses.

[SEV123]

Maybe AEC did get a little better but NVIDIA wants no part of them and I'm not saying SEV is the choice.

[kytrader77]

I said Volex wasn’t on their website. Which is extremely weird if there was a Nvidia connection. Maybe just gross incompetence and nothing more.

But you are wasting your time listening to anything RH said in the past or reviewing the slides. They are filled with info that hasn’t been updated. For example, power use in new AEC’s, current actual customer list, just to name a few.

[kytrader77]

I said Volex wasn’t on their website. Which is extremely weird if there was a Nvidia connection. Maybe just gross incompetence and nothing more.

But you are wasting your time listening to anything RH said in the past or reviewing the slides. They are filled with info that hasn’t been updated. For example, power use in new AEC’s, current actual customer list, just to name a few.

[SEV123]

Wrong video was posted earlier for 33:30 mark,
Listen from from 33:30 mark until end. Does this news release Monday make sense? "No problem getting working capital"

[SEV123]

Yp, you could be right. Time will tell. For your sake holding 400k shares I hope it all works out for you, me and the rest of the shareholders here.

[yp_1]

Time to write it off, SEV123…