Spectra Systems Share Discussion Threads

[kinkell1] 23/1/2015 13:13

I think the answer is that the cost of a US quote is prohibitive for a small company.

[gingerplant] 23/1/2015 11:59

Why is this co. listed on AIM if based in Rhode Island?

[sonofbanjosinger] 22/1/2015 22:01

Strange, quite a lot of buying activity some below mid point over the last couple of days and the price is slightly down. No worries though got an average down to 23p now and will wait for the story to unfold.

[patviera] 22/1/2015 15:51

I've bought a chunk if these today and yday around the 18p markI have a 50p target

[fozzie] 21/1/2015 16:22

Just tried to buy a few and quoted 19.75

[fozzie] 19/1/2015 20:01

'Spectra Systems will have a production machine ready for sale by the end of Q1, 2015' Let us hope this is the start of some real interest in this company and it's technology.

[sonofbanjosinger] 19/1/2015 19:11

Yes very good news.

[battlebus2] 19/1/2015 18:44

Good news on patents.

[muffster] 03/1/2015 15:02

Many thanks, read your comments with much interest. Be interested to see if this one pops up on Deep Value Share analysis that I subscribe to as it has a NAV PS of 36p (according to advfn)

[rainmaker] 03/1/2015 11:24

The share price may or not be just about to take off as I note that trading volume was abnormally high on friday. There's awaiting news on trials of Aeris, their patented soiled bank note cleaning process.

AIMHO, DYOR

regards

[muffster] 03/1/2015 10:41

Hi RM, can you explain the value here? Seems to be speculative,loss making for some years, 10% spread and not a value share?

[rainmaker] 23/12/2014 17:58

No problem, Fozzie, as you already know I'm a big fan of the Company and its products for which I firmly believe there is a substantial market. However we just have to be patient and await developments. I'm sure once we get news of a contract win then events will move quickly and likewise the share price.......it's just that initial break through we need.

AIMHO, DYOR

regards

[fozzie] 23/12/2014 17:35

Interesting, thanks for your thoughts Rainmaker.

[rainmaker] 23/12/2014 17:27

I'm sure that if we get news of a contract win for Aeris, their soiled bank note cleaning system then the share price will rise 50%+ from current levels since it will confirm the validity of the process and we can confidently expect further contract wins. IMHO The Mexico Central Bank refusal to adopt Aeris was a disappointment but not entirely unexpected due to the mix of polymer notes in testing.I'm very comfortable holding at current levels in a profitable, cash rich Company where you're paying just 4p a share for intellectual property which IMHO individually is worth many, many more times the share price.

AIMHO, DYOR

regards

[rainmaker] 23/12/2014 17:13

TIDMSPSY TIDMSPSC
RNS Number : 1726Z
Spectra Systems Corporation
09 December 2014
Spectra Systems Corporation
("The Company" or "Spectra")
Spectra Systems Receives Notice of Allowance from the United States Patent and Trademark Office
Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication and brand authentication technology, today announces that it has received a notice of allowance from the United States Patent and Trademark Office (USPTO) for its patents on the use of supercritical fluids for cleaning and decontaminating banknotes in circulation. The notice of allowance states that a United States patent will issue shortly, protecting the Company's technology in the USA. This key intellectual property protection covers the methods and processes Spectra Systems has developed over the past year and which is currently being tested with certain central banks. Additional related patents are pending relating to other uses of the system including the reversal of limpness and specific embodiments of equipment for using the technology called Aeris(TM) .
Commenting, Nabil Lawandy, CEO of Spectra Systems Corporation, said: "The notice of allowance and the subsequent issuance of patents in the USA is a milestone for the value and protection of our disruptive new technology which has the potential of both greatly lowering central bank costs as well as protecting staff from repatriated notes which can carry a number of contaminants and toxic materials. The notice of allowance for a Untied States patent gives us a strong indication that other countries will also issue us protection for our invention in the near future and insures that our technology will not be copied"
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: [phone]
WH Ireland Limited
Chris Fielding (Head of Corporate Finance) Tel: [phone]

[rainmaker] 23/12/2014 17:10

Hi PJ, the way I interpret this is a client of the spreadbetting firm Spreadex has taken a long position on behalf of a client which may result in them taking delivery of 5.31% of the Company's stock, from the notification-

An acquisition or disposal of qualifying financial YES
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached.

So I reckon someone believes that good news is imminent.IMHO the interesting thing is that the purchases were made the day before the news of the patent application was released to the market.

AIMHO, DYOR

regards

[rainmaker] 23/12/2014 17:03

Spectra Systems Corporation Holding(s) in Company
PrintAlert
TIDMSPSY TIDMSPSC
RNS Number : 6455A
Spectra Systems Corporation
23 December 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------



1. Identity of the issuer or SPECTRA
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
--------------------------------------------------------- -------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
------------------------------------------------------------------------------------------
An acquisition or disposal of voting rights NO
---------------------------------------------------------- ------------------------------
An acquisition or disposal of qualifying financial YES
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
---------------------------------------------------------- ------------------------------
An acquisition or disposal of instruments with NO
similar economic effect to qualifying financial
instruments
---------------------------------------------------------- ------------------------------
An event changing the breakdown of voting rights NO
---------------------------------------------------------- ------------------------------
Other (please
specify):
-------------------------------------------------------- ------------------------------
3. Full name of person(s) VARIOUS DISCRETIONARY CLIENTS
subject to the - 5.31%
notification obligation:
(iii)
--------------------------------------------------------- -------------------------------
4. Full name of shareholder(s) SPREADEX LTD
(if different from 3.):(iv)
--------------------------------------------------------- -------------------------------
5. Date of the transaction 08/12/2014
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- -------------------------------
6. Date on which issuer 23/12/2014
notified:
--------------------------------------------------------- -------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 4%, 5%
--------------------------------------------------------- -------------------------------



8. Notified details:
---------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
---------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction

if possible
using
the ISIN
CODE
--------------- ------------------------------ --------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
--------------- -------------- -------------- ------------- -------------------- -------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
--------------- ------------ ------------ ------------- -------- ---------- -------- ---------



B: Qualifying Financial Instruments
---------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- ------------- ----------------------------- ------------------- -------------------
SPREADBET/CFD 2,157,115 5.31%
----------------- ------------- ----------------------------- ------------------- -------------------

C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
---------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
---------------- ------------- ------------- -------------- -------------------- -------------------
Nominal Delta
---------------- ------------- ------------- -------------- -------------------- -------- ---------


Total (A+B+C)
---------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------ -------------------------------------------------------
2,157,115 5.31%
------------------------------------------------ -------------------------------------------------------



9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
----------------------------------------------------------------------------


Proxy Voting:
----------------------------------------------------------------------------
10. Name of the proxy holder:
------------------------------------------------------------- -------------
11. Number of voting rights proxy
holder will cease
to hold:
------------------------------------------------------------- -------------
12. Date on which proxy holder will
cease to hold
voting rights:
------------------------------------------------------------- -------------


13. Additional information:
------------------------------------------------------------- -------------
14. Contact name: DAVID REES
------------------------------------------------------------- -------------
15. Contact telephone number: 01727 895195
------------------------------------------------------------- -------------

This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBLBDDDXDBGSX

Spectra (Unres) (LSE:SPSY)
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1 Year : From Dec 2013 to Dec 2014
Spectra (Unres) (LSE:SPSY)
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Today : Tuesday 23 December

[pj 1] 23/12/2014 16:49

So have spreadex actually bought the shares >5% or have they gone long as they are a spread betting firm?

Unless they expect SPSY to win 2-1 off course :-//

[ramridge] 02/12/2014 14:40

Very low volume traded - around £5000 worth. Making the price bounce. I am not worried.

[chizgreen68] 02/12/2014 12:10

Down nearly 8% on no news, which seems odd. Anyone heard anything that might explain the drop? Thanks

[fugwit] 05/11/2014 15:44

I would be more concerned with the number of days it took them to get it out after the transaction occurred.....

[fft] 05/11/2014 02:44

PI's increasing stake via spreadbet with Spreadex.

Bit late for RNS to come out. 17:51 !!

[shanklin] 04/11/2014 15:20

Well this is a bit of a pain albeit RM will no doubt describe it as an opportunity to buy more.

[floatupstream] 24/10/2014 19:10

Hi folks, I've taken an initial position here. News flow should be good re: Aeris plus seems like a solid & growing revenue mix from the authentication business. The price action is soft this week .. but well supported at around 18p hence risk reward (quite/spectacularly : delete as appropriate) favourable.