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Old 07-15-2019, 05:23 PM   Nav to Top  #31
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Spectra's Campbell resigns as director, chairman

2019-07-15 10:00 MT - News Release


Mr. Andrew Malion reports

SPECTRA INC. REPORTS RESIGNATION OF DIRECTOR AND CHAIRMAN

Glen Campbell has resigned as a director and chairman of both Spectra Products Inc. and Spectra Inc. His role as Chairman will be fulfilled by Mr. Andrew Malion, currently President of both companies.

Mr. Campbell will continue to provide financial consulting services to the Companies and will retain the position of Chief Financial Officer. Mr. Malion commented "Mr. Campbell has decided to go into "semi-retirement" and to reduce his corporate responsibilities. We are pleased that he will continue to provide critical administrative and financial reporting services to both companies until the end of 2022."

Spectra Inc., also advises that Mr. Kevin Haney of Dauphin, Manitoba was nominated to fill this vacancy on the Board of Directors and this nomination has been accepted by the Board. Mr. Haney will join the Board of Directors subject to Regulatory consent. Mr. Haney has over 20 years of business experience in the Oil industry and over a decade in the Transportation Logistics business. Mr. Haney is also a Director of KFG Resources (TSXV: KFG).

Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North American designer, manufacturer and distributor of Brake Safe(, the visual brake stroke indicating system, Brake Inspector(, the company's electronic in-cab air brake diagnostic system and the Termin-8R( line of anti-corrosion and extreme pressure lubricants. Spectra manufacturers and distributes the ARROW LOGGER(TM) brake stroke data logger that has been designed to enhance the performance of the Brake Safetrademark system. Spectra distributes Zafety Lug Lock(, 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(TM), an innovative heat sensing label that provides an alert for overheating wheel ends, reducing the risk of bearing failure.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
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Old 07-15-2019, 05:24 PM   Nav to Top  #32
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Spectra's Campbell resigns as director, chairman

2019-07-15 10:00 MT - News Release


Mr. Andrew Malion reports

SPECTRA INC. REPORTS RESIGNATION OF DIRECTOR AND CHAIRMAN

Glen Campbell has resigned as a director and chairman of both Spectra Products Inc. and Spectra Inc. His role as Chairman will be fulfilled by Mr. Andrew Malion, currently President of both companies.

Mr. Campbell will continue to provide financial consulting services to the Companies and will retain the position of Chief Financial Officer. Mr. Malion commented "Mr. Campbell has decided to go into "semi-retirement" and to reduce his corporate responsibilities. We are pleased that he will continue to provide critical administrative and financial reporting services to both companies until the end of 2022."

Spectra Inc., also advises that Mr. Kevin Haney of Dauphin, Manitoba was nominated to fill this vacancy on the Board of Directors and this nomination has been accepted by the Board. Mr. Haney will join the Board of Directors subject to Regulatory consent. Mr. Haney has over 20 years of business experience in the Oil industry and over a decade in the Transportation Logistics business. Mr. Haney is also a Director of KFG Resources (TSXV: KFG).

Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North American designer, manufacturer and distributor of Brake Safe(, the visual brake stroke indicating system, Brake Inspector(, the company's electronic in-cab air brake diagnostic system and the Termin-8R( line of anti-corrosion and extreme pressure lubricants. Spectra manufacturers and distributes the ARROW LOGGER(TM) brake stroke data logger that has been designed to enhance the performance of the Brake Safetrademark system. Spectra distributes Zafety Lug Lock(, 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(TM), an innovative heat sensing label that provides an alert for overheating wheel ends, reducing the risk of bearing failure.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
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Old 07-23-2019, 12:11 PM   Nav to Top  #33
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Spectra's Patel resigns as director

2019-07-22 13:25 MT - News Release


Mr. Andrew Malion reports

SPECTRA INC. REPORTS RESIGNATION OF DIRECTOR

Kam Patel has resigned as a director of Spectra Inc. A replacement for his position on the board of directors will be announced in the near future.

We seek Safe Harbor.

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Old 07-31-2019, 12:54 PM   Nav to Top  #34
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Spectra earns $192,662 in Q2 2019

2019-07-31 09:34 MT - News Release


Mr. Andrew Malion reports

SPECTRA INC. REPORTS SECOND QUARTER 2019 RESULTS

Spectra Inc. has released its financial results for the first six months of 2019. Revenues for the six-month period ending June 30, 2019 were $1,163,187 compared to $1,042,196 for the same period in 2018, an increase of 11.6 percent. Revenues for the second quarter ending June 30, 2019 were $668,310 compared to $470,187 in 2018, an increase of 42.1 percent.

The second quarter ending June 30, 2019 showed a net profit of $192,662 compared to a net profit of $92,095 for the second quarter ended June 30, 2018.

During the six-month period ending June 30, 2019, a net profit of $298,949 was generated compared to a net profit of $241,871 for the six-month period in 2018.

Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North American designer, manufacturer and distributor of Brake Safe(, the visual brake stroke indicating system, Brake Inspector(, the company's electronic in-cab air brake diagnostic system and the Termin-8R( line of anti-corrosion and extreme pressure lubricants. Spectra manufacturers and distributes the new ARROW LOGGER(TM) brake stroke data logger that has been designed to enhance the performance of the Brake Safetrademark system. Spectra distributes Zafety Lug Lock(, 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(TM), 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.

© 2019 Canjex Publishing Ltd. All rights reserved.
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Old 10-28-2019, 04:59 PM   Nav to Top  #35
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Spectra earns $136,828 in Q3 2019

2019-10-28 12:29 MT - News Release


Mr. Andrew Malion reports

SPECTRA INC. REPORTS THIRD QUARTER 2019 RESULTS

Spectra Inc. has released its financial results for the first nine months of 2019. Revenues for the nine-month period ending Sept. 30, 2019, were $1,655,103 compared with $1,601,377 for the same period in 2018, an increase of 3.36 per cent. Revenues for the third quarter ending Sept. 30, 2019, were $491,286 compared with $559,181 in 2018, a decrease of 12.15 per cent.

The third quarter ending Sept. 30, 2019, showed a net profit of $136,828 compared with a net profit of $145,065 for the third quarter ended Sept. 30, 2018.

During the nine-month period ending Sept. 30, 2019, a net profit of $435,777 was generated compared with a net profit of $386,926 for the nine-month period in 2018.

About Spectra Inc.

Spectra, through its subsidiary, Spectra Products, is the Toronto-based North American designer, manufacturer and distributor of Brake Safe, a visual brake stroke indicating system; Brake Inspector, the company's electronic in-cab air brake diagnostic system; and the Termin-8R line of anti-corrosion and extreme-pressure lubricants.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.
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