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THIS IS THE EMAIL I GOT FROM AN ATTORNEY: DON'T BUY THIS, SHARES WILL GET CANCELLED SOMETIME.
Thank you again for your interest in Xtera. To clarify, Xtera Inc. now the existing entity which was formerly Xtera Communications, is the active entity and is privately owned by HIG Capital. While it may appear to be publicly traded it is actually not since it is private. The other part of the company that was not assumed by HIG Capital is an entirely different entity and is currently undergoing Chapter 7 dissolution. You can contact this individual regarding the Chapter 7 entity:
Gregory A. Taylor | ASHBY &GEDDES
500 Delaware Avenue
P.O. Box 19899
Wilmington, Delaware
(t) 302.504.3710
(c) 302.379.3715
Stops taken out. Ask jumped to .10
You only lose when you sell. Now get of this board
I bought there shares. Lol lol lol lol. .0185 average
No just in a rush and could care less if I misspell. People lost lots of money here luckily noy me
You can't even speak funking english retard
Oh lol did u forget about the dump at .25 .20 .16 and so on
Oh lol sid u forfet aboit the dump at .25 .20 .16 and so on
$90 trade at .02 says it all. They want shares badly. Trying to scare traders. If story was wrong, it would have been a major dump to .003. This can hit $1
Lets see correct info first a story then a xorrecruon wrong company now thwre are chasea omg well time will tell lmao
Those who sold, have to start chasing now. Market makers going to take it back up to .20
Going back up. Weak hands got shaken. 13 million float is a rocket
No pump chump. Going up big.
Ih I wish we had accurate reporting here
Lol still out here pumping it...
Same company. We got a $43 million contract.
traders want your shares cheap.
Yeah huge misprint and I wouldn't be surprised to see some lawsuits with this entire ordeal. Thankfully our team was able to get out with good profits or minimal losses.
Not saying it's fair, but other people profited just as much.
That really sucks. One misprint cost ppl so much money.
Sorry my prediction under a penny , just my opinion
Congratulation
I am optimistic that this stock will bounce back! What is everyone's honest prediction on what the price will be EOD Monday or EOW?!?!
Not me. I'm smart I bought at .01 and sold at .20 I made $55,000. I'm not in it anymore so you must be talking about the bag holders.
Only newbies buys bullshit without do DD , congratulation who bought at 0.25 , some new bagholder here , LOL
So many people are still holding this at .12 and above. Ouch. This was a great one-two day play and that's all.
This was clearly a pump And dump only. Most fell for it. So sad.
Exactly this was planned by the big hedge fund groups to run it up then dump it. What a POS
I believe someone has strew wrong Information to sold his shares to gain big money... just my opinion
Wonder why this is still trading?? LOL. It's in Chp 7.
We already know what's happening. Contract is going to private company. XCOMQ will continue with chap 7. The DOD contract has inaccurate information. Which was corrected later in the day.
Usually when there is no official Co. PR or SEC filing behind a rise in price, stocks just fall back to trading previous prices, until some news comes out. Hopefully next week we know exactly what is going on with the Co.
I am totally confused still since this tanked yes Not a big position but one
"We" means to me, that you have position as well, if you doubt the company, why are you still in?
Still thinking we are good oh boy
Under H.I.G.’s ownership, Xtera’s management and technical team will remain at the helm of the business, focused on successfully executing key existing customer contracts and expanding the business in the rapidly growing markets it serves with a clear roadmap of disruptive product launches.
Carl Harring, Managing Director at H.I.G. Capital commented: “We believe Xtera has considerable growth potential as an independent, well-funded business with a new ownership structure.
(c) The head of an agency may use procedures other than competitive procedures only when—
(1) the property or services needed by the agency are available from only one responsible source or only from a limited number of responsible sources and no other type of property or services will satisfy the needs of the agency;
U.S. Code 2304 (c) (1)
Xtera Inc. not Xtera Communications
CORRECTION: The contract announced on Aug. 22, 2017, for the Guantánamo Bay to Puerto Rico Submarine Fiber Optic Cable System has been awarded to Xtera Inc., not Xtera Communications Inc. This contract was also awarded on Aug. 24, 2017, not Aug. 22, 2017
https://www.defense.gov/News/Contracts/Contract-View/Article/1290800/
Sorry guys, this ticker is in Ch 7 bankruptcy. Not the same company that was awarded the contract for work. H.I.G. owns the private company that was awarded the contract. I spoke to the Greg Taylor who is handling the Ch 7 and he said there is no work being performed under this company.
Contact him here:
Gregory A. Taylor | ASHBY &GEDDES
500 Delaware Avenue
P.O. Box 19899
Wilmington, Delaware
(t) 302.504.3710
(c) 302.379.3715
What price did you buy in at?
Wait a little. It is going to be a big surprise .
It's worth nothing. It's a scam read it
Wow you all missed that here really? How?
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