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Technology Stocks : Sequans, the investors board

SQNS 7.325

-3.7%

Oct 31 3:59 PM EST

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From: frmrVZguy	10/2/2019 5:39:06 PM
	of 290

WTH is going on? 3Q19 Update: FOREX, Lawsuits, Sales Revenue vs NB1 & CBRS CAPEX not good news With world economics overly influenced by Macroeconomics the shareholder is left asking: 'What do we control?' In the case of SQNS wherein they have NO success at sales nor generating profit-making revenue they are reliant on: - tech R&D with self-funded JV partners - maintenance testimony and imposed waiting in both Legal cases: in USA's Renner v SQNS, and EUTC AT.40484 which are both in some unexplained PAUSE. Because SQNS no longer has funds to produce product .... << READ THAT AGAIN ... they are waiting for a rescue that may never come. Companies will not buy a product if it cannot be produced... you know... 'Vaporware' To add to the SP misery is timing:: PRC is on HOLIDAY and there are always corresponding shares sales to generate Holiday spending cash. And a double-effect this year is the USD v RMB FX rate of about 7.15 today which is going to 'double-top' soon. Sure there are some who blog about FX hitting 7.2x but gawd I doubt it any time soon. Thus the current peak combined with a Pre-Reporting-Season SP high in certain tickers makes for an attractive time for a little selloff season which drives SP falls. This will likely recover as PRC 'tail-wagging-the-dog' is ended We'll see. If you don't follow my logic I'll put it bluntly: USD converted to RMB is enjoying a little 'premium' as it goes home to PRC recipients as cash. It's also true that PRC debt-holders are more reliant on share sales for revenue to pay debt and OPEX as the PRC economy slows and foreign firms layoff PRC staff and close operations and leave PRC forever. ^THAT^ summarizes the macro. Now for the legal. Renner has been paused. I have communicated with the court and am told that PACER is the only notice I am permitted and PACER is unchanged since February. GK did not appear for Oral Statements this summer when he was in New York. I therefore deduce that my Amicus brief was effective at bringing the legal threat to a pause by informing the Judge of the EUTC AT.40484 case. And since Renner is now limited by EUTC which just voted new terms for EUTC leadership and AT.40484 is under silent appeals, the legal threat and financial penalty threat to SQNS is effectively ended. I DEDUCE THIS \/ AT.40484 is under silent appeals. Judgement was rendered on 7/2019 after giving the UNNAMED DEFENDANT a one-year appeal term. Instead the UNNAMED DEFENDANT chose to sell its 4G LTE and 5G products to prevent a financial embargo effect on its balance sheet and public shaming. It remains exposed to embargo for its M2M products but those are a minor revenue line. While it is embargoed it is appealing and AT.40484 remains unsettled. I DEDUCE THIS /\ (END) IMO....... SQNS is dead money or worse until either a buyout or settlement Never been closer.......

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