Spectra Science may be worth more than you think..
Post# of 1023
Posted On: 03/17/2016 8:46:29 AM
Spectra Science may be worth more than you think..
All my opinion..(as usual)
Has everyone researched the history of spectrascience?
I wont go into it too deep because its all free information, quickly found online, but one very important part of SCIEs history is from 2007 when SCIE acquired all of the shares of Luma Imaging Corporation. Sure, the majority of us know of, or at least heard of Luma, but do you know what it was SCIE actually acquired?
Back in 2007, SCIE acquired all inventory and intellectual property of Luma. Why does this matter today? I mean, its been 9 years.. isn't this 'old' news. It is old in the sense that it happened a while back, but what many investors may not know is that SCIE purchased Luma's assets for $5 million in restricted common stock.
And why does this matter? Because, although SCIE purchased the assets of LUMA for $5 million dollars, prior to the acquisition, LUMA invested almost $100 MILLION dollars in creating their technology. Which means, Spectrascience's business valuation may include LUMA's tech worth almost $100 million dollars.
Why does this matter? Because looking at SCIE from an asset based valuation, you probably would have to consider the cost it originally required to create LUMA's technology. In other words, if you (the reader) were to set out with a goal of recreating a cloned company called 'Spectrascience2', you would need to figure out SCIE's net asset value (total assets minus total liabilities). In other words, how much would it cost you to recreate your own Spectrascience. But in doing so, you would need to take into consideration the $100 million dollars spent to create LUMA 's technology.
We could try to put a valuation on SCIE through a market approach, but we'd have to find similar companies with similar technology. And although SCIE has many competitors, SCIE holds the patents to the WavSTAT4 tech.
So to sum up, a little known fact is that the technology behind Spectrascience was not created in a garage, made with spare parts and costing around $75. LUMA invested almost $100 MILLION dollars and now, Spectrascience holds it all; and acquired it for around 5% of the actual cost. When the time comes, and when sales begin, I believe this will play a key role in deciding the true business valuation of Spectrascience.
Note
You may be wondering how SCIE obtained $100 million dollars worth of tech for only $5 million. This is where your DD would come in to play. SCIE got LUMA's tech so inexpensively because one of LUMAs major corporate investors exited the venture funding business, making the cost decrease immensely.
All my opinion..(as usual)
Has everyone researched the history of spectrascience?
I wont go into it too deep because its all free information, quickly found online, but one very important part of SCIEs history is from 2007 when SCIE acquired all of the shares of Luma Imaging Corporation. Sure, the majority of us know of, or at least heard of Luma, but do you know what it was SCIE actually acquired?
Back in 2007, SCIE acquired all inventory and intellectual property of Luma. Why does this matter today? I mean, its been 9 years.. isn't this 'old' news. It is old in the sense that it happened a while back, but what many investors may not know is that SCIE purchased Luma's assets for $5 million in restricted common stock.
And why does this matter? Because, although SCIE purchased the assets of LUMA for $5 million dollars, prior to the acquisition, LUMA invested almost $100 MILLION dollars in creating their technology. Which means, Spectrascience's business valuation may include LUMA's tech worth almost $100 million dollars.
Why does this matter? Because looking at SCIE from an asset based valuation, you probably would have to consider the cost it originally required to create LUMA's technology. In other words, if you (the reader) were to set out with a goal of recreating a cloned company called 'Spectrascience2', you would need to figure out SCIE's net asset value (total assets minus total liabilities). In other words, how much would it cost you to recreate your own Spectrascience. But in doing so, you would need to take into consideration the $100 million dollars spent to create LUMA 's technology.
We could try to put a valuation on SCIE through a market approach, but we'd have to find similar companies with similar technology. And although SCIE has many competitors, SCIE holds the patents to the WavSTAT4 tech.
So to sum up, a little known fact is that the technology behind Spectrascience was not created in a garage, made with spare parts and costing around $75. LUMA invested almost $100 MILLION dollars and now, Spectrascience holds it all; and acquired it for around 5% of the actual cost. When the time comes, and when sales begin, I believe this will play a key role in deciding the true business valuation of Spectrascience.
Note
You may be wondering how SCIE obtained $100 million dollars worth of tech for only $5 million. This is where your DD would come in to play. SCIE got LUMA's tech so inexpensively because one of LUMAs major corporate investors exited the venture funding business, making the cost decrease immensely.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
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The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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