SPKTF - Spectra Inc. (Automotive)

Discussion in 'Stock picks and trading strategies' started by goldismyfriend, Apr 26, 2019.

  1. Spectra Inc. Reports Fourth Quarter 2018 Results

    For Immediate Release – April 26, 2019

    Toronto, Ontario – Spectra Inc. reports the release of its financial results for the 12 months ended December 31, 2018. Revenues for the twelvemonth period ending

    December 31, 2018 were $2,045,806 compared to $1,780,609 for the same period in 2017. Revenues for the fourth quarter ending December 31, 2018 were $444,429 compared to $448,017 for the same period in 2017.

    Net income was 495,372 during the twelve-month period ended December 31, 2018, compared to $222,810 for the same period in 2017.

    Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
    American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
    indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
    system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
    Spectra Products Inc. distributes Zafety Lug LockÒ, a lug nut retainer that uses the
    resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the
    risk of wheel damage or wheel loss and Hub Alert™, an innovative heat sensing label that
    provides an alert for overheating wheel ends, reducing the risk of bearing failure and
    corresponding maintenance and repair costs.

    Except for the historical information contained herein, this news release contains forward
    looking statements that involve risks and uncertainties, including the impact of
    competitive products and pricing and general economic conditions as they affect the
    Corporation’s customers. Actual results and developments may therefore differ
    materially from those described in this release.

    On behalf of the Board of Directors,

    Glen Campbell, Chairman, Spectra Inc.

    Investor Relations: 1-800-308-5255

    E-Mail: info@spectrainc.ca

    Website: www.spectrainc.ca
     
  2. Spectra Inc. Reports First Quarter 2019 Results

    For Immediate Release – May 6, 2019

    Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports the release of its
    financial results for the first 3 months of 2019. Revenues for the period ending March
    31, 2019 were $495,507 compared to $572,009 for the same period in 2018.

    The first quarter ending March 31, 2019 showed a net profit of $106,287 compared to net
    profit for the three-month period in 2018 of $149,776.

    Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
    American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
    indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
    system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.

    Spectra Products Inc. distributes Zafety Lug LockÒ, a lug nut retainer that uses the
    resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the
    risk of wheel damage or wheel loss and Hub Alert™, an innovative heat sensing label that
    provides an alert for overheating wheel ends, reducing the risk of bearing failure and
    corresponding maintenance and repair costs.

    Except for the historical information contained herein, this news release contains forward
    looking statements that involve risks and uncertainties, including the impact of
    competitive products and pricing and general economic conditions as they affect the
    Corporation’s customers. Actual results and developments may therefore differ
    materially from those described in this release.

    On behalf of the Board of Directors,
    Glen Campbell, Chairman, Spectra Inc.
    Investor Relations: 1-800-308-5255

    E-Mail: info@spectrainc.ca
    Website: www.spectrainc.ca
     
  3. Spectra Inc Chart 2006-2019 Sales/Profit/Assets/Liabilities

    [​IMG]
     
  4. Spectra Inc. Announces Private Placement

    For Immediate Release – May 22, 2019

    Toronto, Ontario – Spectra Inc. (SSA: TSXV) intends to complete a non-brokered private
    placement of up to 16,500,000 units at a price of five cents ($0.05) per unit for gross
    proceeds of up to $825,000 (the “Offering”)

    Each unit consists of one common share (“Common Share”) in the capital of the Spectra
    Inc. (the “Corporation”) and one-half of a Common Share purchase warrant (each a
    “Warrant”). Each whole Warrant will entitle the holder thereof upon payment of $0.075
    to acquire one Common Share at any time prior to 5.00 p.m. (Calgary time) eighteen (18)
    months following the date the Warrants are issued (“Expiry Time”). If, at any time after
    the Warrants are issued the closing price of the Common Shares on the TSXV for any
    fifteen (15) consecutive trading days equals or exceeds $0.12, the Corporation will have
    the option to, upon issuing a news release, accelerate the Expiry Time of the Warrants to
    5.00 p.m. (Calgary time) on the date that is thirty (30) days following the date of such
    news release (the “Accelerated Expiry Time”). Any Warrant not exercised prior to the
    Expiry Time or the Accelerated Expiry Time, as applicable, shall be deemed to be void or
    of no further force and effect.

    The Corporation intends to use the net proceeds of the offering to payout the royalty
    debenture of Spectra Products Inc. in the amount of $652,065 due August 6, 2019 and for
    general corporate purposes.

    Finders' fees of up to 7% of the gross proceeds raised by any finders may be payable in
    either cash or Common Shares or a combination of both.

    Closing of the Offering is subject to receipt of applicable regulatory approvals including
    the approval of the TSXV. The securities issued will be subject to a standard four month
    hold period.

    Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
    American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
    indicating system, Brake InspectorÒ, the Corporation’s electronic in-cab air brake
    diagnostic system and the Termin-8RÒ line of anti-corrosion and extreme pressure
    lubricants. Spectra Products Inc. distributes Zafety Lug LockÒ, a lug nut retainer that uses
    the resistance between wheel nuts to minimize their ability to rotate and loosen, reducing
    the risk of wheel damage or wheel loss and Hub Alert™, an innovative heat sensing label
    that provides an alert for overheating wheel ends, reducing the risk of bearing failure and
    corresponding maintenance and repair costs.

    On behalf of the Board of Directors,
    Andrew Malion, President, Spectra Inc.
    Investor Relations: 1-800-308-5255
    E-Mail: info@spectrainc.ca
    Website: www.spectrainc.ca
     
  5. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    Grey Sheets. Avoid. 2 trades in last 3 years.

    Tell whoever is paying you to update the company info on OTCmarkets.com to at least get it to Pink status.

    Even then, it'll be tough to pump a stock with active revenue but limited growth. 10 years to double revenue according to chart above.

    SPKTF trade data.png
     
  6. Stock just started trading on the OTC lately. This is a 20 year old TSXV Canadian listed company that just became dual listed. Please see performance of AXMIF before judging it as a P&D
     
  7. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    Not enough volume in either to bring serious traders. Good luck.
     
  8. Who cares about trading and volume, so long as price appreciation occurs. Having a stock that trades millions of shares a day but can barely grow in capital appreciation is useless in my opinion compared to a small cap that can go up substantially and give investors more value back. Unless your a seven+ figure guy looking to churn $500k+ a week, volume is irrelevant. ROI and EPS is the way to go.
     
  9. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    Price appreciation doesn't matter if traders can not get in and out when they want to. Liquidity is very important. If one trade can take stock up 100%, then one trade can also drop it 80%. If you went to a bank for a mortgage and claim the stocks that you post about here as assets, the banker wouldn't allow it because you can't sell them at the market prices.

    You either are paid to pump or have alot to learn about investing/trading. Again, Good Luck out there.
     
  10. Sure, when you start making several dozen people 50-100% ROI several years back to back, contact me. For now, you have nothing special to offer compared to every other trader/fund out there. I bet you don't even talk to the companies like I do. But you have fun making 15-20% a year, best of luck
     
  11. Just like I did with AXMIF, you'll see TPNEF and SPKTF also have similar multiples in growth. By the way, volume increases as the price does based on the earnings multiple and asset/debt ratio.
     
  12. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    Made 900% last year. We can discuss privately if you want details.
     
    Last edited: Jun 4, 2019
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