Replies to post #9836 on Spectra7 Microsystems Inc (SEV)

[CleverAces]

I too am surprised how nonchalant most here are about the level of dilution. Oh, and btw, its the retail investor who got diluted here. I would bet all insiders and institutional investors participated in the PP. The PP share price was intentionally determined to squeeze out all of us on this board and anybody else who invested through the public market. They could’ve picked any share price for the $10M raise. But no, they went with a rock bottom price to basically take the company private without buying out retail investors.
How many shares after this PP will be publicly traded?

[prototype_101]

SEV, I agree with future that investors have got to let it go, turn the page, what is done is done, I pointed out the warning signs multiple times that

1) the PP was buried in another news release on 3/5/24
2) it was taking way too long too fill a "modest" PP
3) and if it was only going to be 1-2 million it was not going to be for 800gbs ramp

Ok, so look at the chart and see that the PPS stayed relatively flat from 3/5/24 to 4/12/24 (in fact the close was a penny higher on 4/12/24 than it was on 3/5/24) then the sobering news came and the PPS plummeted

One thing I will say is that historically when the PP was announced the PPS generally moved lower in anticipation of the PP, that is why I sold ahead of the PP announcement because I knew one had to be coming, so I was quite surprised that the PPS held up so well, perhaps if it had taken a 20% hit from ,60cad (.45usd) then the PP would have been priced/filled, but investors will never know because it's in the history books now, investors are left with a choice, thankfully NOT eliminated, that they can either still believe in the technology, accept the dilution, and invest at these fire sale prices, or they can hold what they have invested already and wait for the breakeven point to exit or make a small profit, or they can sell now for a big loss

personally I am currently in agreement with SVE and future that now is the time to load your boats because this PP should take us into the 800gbs implementations which is the long awaited "sweet spot" for S7 ACC's, full disclosure I added more shares several times yesterday, the way I see it, S7 should be an easy 10+ bagger from today's price within 1-2 years

[yp_1]

SEV123, as long as FGNR the Masochist enjoys the moment, nothing else matters. Our local Oracle has spoken.