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459,000 shares purchased so far through share buyback: JonnyRBuck12 04/12/22 8:34 PM
Spectra Products earns $387,721 before taxes in 2021 JonnyRBuck12 03/31/22 11:26 PM
Spectra Products to buy back up to 3.85 JonnyRBuck12 03/07/22 3:27 PM
Spectra earns $123,215 before taxes in Q3 2021 JonnyRBuck12 10/27/21 8:43 AM
Spectra Products to offer Optimum Fleet program JonnyRBuck12 08/19/21 8:38 AM
Spectra earns $111,571 before taxes in Q2 2021 JonnyRBuck12 07/26/21 4:49 PM
Looks like a new brochure for Termin8r in JonnyRBuck12 05/20/21 4:37 PM
Spectra Products Inc. Reports First Quarter 2021 Results JonnyRBuck12 05/17/21 4:16 PM
Spectra Products Inc. May 2021 Company Presentation - JonnyRBuck12 05/13/21 11:43 AM
SSA Company Performance Chart From 2006 To 2020 JonnyRBuck12 04/28/21 7:14 PM
Spectra Products Inc. Reports Fourth Quarter 2020 Results JonnyRBuck12 04/27/21 12:14 PM
SSA Technical Charts - 100% Buy Rating JonnyRBuck12 04/03/21 5:12 PM
Year Revenue Profit/(-Loss) Assets Liabilities Asset/Debt Ratio JonnyRBuck12 10/17/20 1:35 PM
Spectra earns $121,910 before taxes in Q3 JonnyRBuck12 10/15/20 10:23 AM
IPA.V hitting an all time high now (over JonnyRBuck12 09/17/20 11:37 AM
Company sales slowed, but still making a profit. JonnyRBuck12 07/23/20 1:20 PM
Spectra has Q1 profit before tax of $176,513 JonnyRBuck12 05/04/20 9:36 AM
Spectra Products Inc. (previously Spectra Inc.) Reports JonnyRBuck12 04/23/20 9:47 AM
Owner-Operator Independent Drivers Association (OOIDA)Like Page JonnyRBuck12 01/13/20 7:21 PM
Spectra changes name to Spectra Products Inc. JonnyRBuck12 01/02/20 2:46 PM
Spectra Numbers From 2006 To 2019 Compared: JonnyRBuck12 12/19/19 7:33 PM
Spectra earns $136,828 in Q3 2019 JonnyRBuck12 10/28/19 3:59 PM
Spectra earns $192,662 in Q2 2019 JonnyRBuck12 07/31/19 11:56 AM
Spectra's Patel resigns as director JonnyRBuck12 07/23/19 11:11 AM
Spectra's Campbell resigns as director, chairman JonnyRBuck12 07/15/19 4:24 PM
Spectra redeems 250 preferred shares held by CABE JonnyRBuck12 07/09/19 2:28 PM
Spectra buys 1,315 Spectra Products shares from CABE JonnyRBuck12 07/08/19 11:30 AM
Spectra repays $652,065 royalty debenture JonnyRBuck12 07/04/19 2:56 PM
Spectra closes $830,000 financing JonnyRBuck12 07/03/19 10:03 PM
Spectra Inc. Announces Private Placement JonnyRBuck12 05/22/19 11:01 AM
Spectra Inc Chart 2006-2019 Sales/Profit/Assets/Liabilities JonnyRBuck12 05/06/19 7:28 PM
Spectra Inc. Reports First Quarter 2019 Results JonnyRBuck12 05/06/19 10:48 AM
Thank you for posting that. Good to know JonnyRBuck12 04/26/19 1:18 PM
Spectra Inc. Reports Fourth Quarter 2018 Results JonnyRBuck12 04/26/19 1:02 PM
Spectra Inc. added to the OTC as SPKTF: Renee 04/25/19 6:17 PM
Spectra Inc. Reports Redemption of Preferred Shares JonnyRBuck12 04/11/19 12:06 PM
Spectra Inc. Reports Appointment of a New Director JonnyRBuck12 04/11/19 11:56 AM
Spectra Inc. (SSA.V) Nine Month Results. All Information JonnyRBuck12 01/22/19 10:32 AM
Spectra Inc. Reports Third Quarter 2018 Results JonnyRBuck12 01/22/19 9:50 AM
SSA.V - Spectra Inc. Q1 2018 Results (Financials JonnyRBuck12 04/25/18 2:22 PM JonnyRBuck12 04/25/18 1:44 PM
Spectra Inc. Reports First Quarter 2018 Results JonnyRBuck12 04/25/18 1:11 PM
SSA.V - Spectra Inc. Year End Results (Financials JonnyRBuck12 04/11/18 10:40 AM
Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) JonnyRBuck12 04/11/18 10:17 AM
Spectra CFO acquires SPI debenture, preferred shares JonnyRBuck12 12/20/17 3:26 PM
Director Glen Campbell was the buyer of the JonnyRBuck12 11/11/17 7:38 PM
First time I've come across this document. It JonnyRBuck12 11/09/17 5:36 PM
SSA.V - Spectra Inc. Q3 Results (Financials + MD&A) JonnyRBuck12 11/09/17 10:49 AM
Huge insider buying today: JonnyRBuck12 11/08/17 10:53 PM
Spectra Inc. Reports Third Quarter 2017 Results JonnyRBuck12 11/08/17 12:03 PM
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Spectra Inc. (SSA)

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Spectra Inc. (SSA.V) Due Diligence Report
Current Stock Price: $0.03
Common Shares: 60,509,971
Insider Holdings: 6,355,591 or 10.5%
Institutional Holdings: 18,133,000 or 30% - DVOF Debenture Holder
Key Notes For 2017:
- March News: Director Michael Faye left saving the company $90,000 in expenses
- DVOF interest of $187,500 extinguished (see March year end results)
- New US customer signed with over 250 locations (see July MD&A)
- Spectra Inc. total revenue, net income, asset/debt ratio at it’s best since inception
- Q3 2017 Results will be released Mid-End of November
- Specta Inc. CEO is paid on a commission structure rather than salary
Revenue/Profit Over Last Four Years
2014 - $1,440,000 - $45,000
2015 - $1,820,000 - $189,000
2016 - $1,550,000 - $152,000
2017 - $901,000 - $134,000 (Only 6 months and before new US deal)
Most Recent Financials + MD&A
Cash: $116,009
Accounts Receivable: $225,784
Inventory: $155,070
Prepaid Expenses: $13,494
Equipment: $4,145
Total Assets: $514,502
Accounts Payable: $119,668
Loans Payable: $50,000
Royalty Debenture: $621,922 (owed to DVOF)
Convertible Debenture: $658,141 (owed to DVOF, due August 2019)
Total Liabilities: $1449,731
SSA Most Recent Quarter Breakdown
Sales: $461,673
Gross Profit: $269,894
Net Income: $78,709
Additional Note:
DVOF has worked with Spectra since 2004 and obviously does see value in the company going forward, especially over the last few years with growing sales and profitable quarters. The reason for their leniency is because DVOF knows there is a larger gain coming from share appreciation and sale down the road compared to making 6-7% interest on their debentures which is true. In the end, based on Spectra’s latest sales, they should be able to pay back DVOF their principal and give that fund a higher value for their shares. But in order for DVOF to sell, they will need to find one larger buyer or Spectra will need to sell itself to another company.
 MD&A Company Highlights
About Spectra Inc:
Spectra Inc., (the “Company”), through its wholly owned subsidiary, Spectra Products Inc., supplies products to the transportation industry. The current product line includes a visual brake stroke indicator, Brake Safe®, that permits vehicle drivers and maintenance personnel to visually determine the brake adjustment condition of a truck, trailer or bus equipped with an air activated brake system. The Company’s electronic version of Brake Safe® is an air brake diagnostic system called Brake Inspector®. This product provides an in-cab display of air brake status and permits diagnosis of various existing and potential brake problems with the foundation brakes of trucks, trailers and buses. The Company also supplies an anticorrosion lubricant called Termin-8r® to the transportation industry and Zafety Lug Lock® a product that prevents wheel-end lug nuts from loosening leading to wheel damage or wheel loss. The Company’s product includes Hub Alert® a heat sensitive label that is applied to each wheel hub of trucks, trailers, buses and off road vehicles to provide an early warning of critical temperature threshold levels where safety and maintenance issues may be pending. The Company introduced in the fourth quarter of 2014 a new product, the Arrow Logger™. This system is designed to work in conjunction with the Brake Safe® product by providing enhanced brake monitoring.
The Company continues to focus its efforts on expanding the present market for its products while introducing those products into new markets as well as seeking out new products to complement our other offerings. The Company will continue to form strategic distribution alliances to accelerate its sales outside the Canadian marketplace. The Company recently signed a new distributor in the US that has over 250 locations and has access to a large fleet customer base.
The Company is marginally exposed to foreign currency fluctuations as certain revenues and expenses derived from sales activities in the United States and China are denominated in U.S. dollars. As at June 30, 2017, the Company had $95,344 of net current assets denominated in U.S. dollars. The Company’s sensitivity to foreign currency fluctuations is such that a 10% strengthening or weakening of the U.S. dollar would result in an $9,534 decrease or increase, respectively, to the Company’s loss before income taxes for the six months ended June 30, 2017.
Revenue for the six months ended June 30, 2017 increased by 4 percent to $900,406 compared to revenue of $864,617 for the six-month period ended June 30, 2016. The increase in revenue is attributable to increases in sales of Termin-8r® from $248,646 to $285,341; Hub Alert® from $13,686 to $18,005; and sundry income from $66,181 to $92,145; offset by decreases in sales of Brake Safe® from $398,013 to $390,324; Zafety Lug Lock® from $106,061 to $95,948; Brake Inspector® from $28,766 to $17,359 and Arrow Logger™ from $3,264 to $1,284.
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