Ronald James Pasek, a Director, acquired 10,323,888 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on August 21st, 2019. This represents a $516,194 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, on the same terms, Raouf Youssef Halim, CEO and Director, acquired 3,944,400 Common Shares on a direct ownership basis. This represents a $197,220 investment into the company's shares and an account share holdings change of greater than 100%. Robert Dobkin, a Director, acquired 3,215,501 Common Shares on an indirect ownership basis for registered holder Dobkin 2011 Living Trust. This represents a $160,775 investment into the company's shares and an account share holdings change of greater than 100%. John Vettese, a Director, acquired 1,969,480 Common Shares on a direct ownership basis. This represents a $98,474 investment into the company's shares and an account share holdings change of greater than 100%. Roger Maggs, a Director, acquired 1,859,916 Common Shares on a direct ownership basis. This represents a $92,996 investment into the company's shares and an account share holdings change of greater than 100%. Darren Ma, CFO, acquired 1,244,229 Common Shares on a direct ownership basis. This represents a $62,211 investment into the company's shares and an account share holdings change of greater than 100%. Finally, Brian Douglas Antonen, a Director, acquired 513,219 Common Shares on a direct ownership basis. This represents a $25,661 investment into the company's shares and an account share holdings change of greater than 100%.
Spectra7 Microsystems is in the Semiconductors Sub Industry Group under the Technology Sector.
Spectra7 Microsystems Inc. is a Canada-based consumer connectivity company. The Company delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in virtual reality (VR), augmented reality (AR), wearable computing, data centers and ultra-high definition (HD) displays. The Company operates through the semiconductors segment. The Company's VR products include the VR7050. AR-Connect is an AR interconnect product line. AR-Connect enables AR glasses to connect to a smart phone, processing device or a desktop graphics processing unit (GPU)/laptop processing unit, with a single link. Its DreamWeVR product line includes over four chips, VR-specific connectors and over three head-mounted display (HMD) interconnect configurations. DisplayDirect is a semiconductor product or chip set. The Company's HomeTheater product line consists of a series of semiconductor chips and associated embedded modules.
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