Lesson plan
Lyrtech
LYRtech inc. ( ) is a digital signal processing development company based in Quebec City, Quebec, Canada. Lyrtech designs and produces electronics systems for audio processing, video processing, networking, voice over IP processing, and Wireless communications. Lyrtech also develops aerospace and military electronics for applications including geolocation, missile warning systems, and laser warning receivers. In November 2006, Lyrtech released a small form factor software-defined radio development platform in partnership with Texas Instruments and Xilinx. Its Innovator division, acquired in 2006, for nearly $3M, was sold back for roughly $300,000 in late 2007 as part of a restructuring plan designed to save the company. Lyrtech was ranked 43 in the 2007 Canadian Technology Fast 50 by Deloitte. In November 2011, the company's assets were taken as repayment by one of the main creditors, Finex Corp. Following this move, Lyrtech was left without assets and operations and has been delisted from TSX-V. Last trades were at 0.005 (1/2 cent) per share, giving the company valuation at about $200,000.
Article summary
LYRtech inc. ( ) is a digital signal processing development company based in Quebec City, Quebec, Canada. Lyrtech designs and produces electronics systems for audio processing, video processing, networking, voice over IP processing, and Wireless communications. Lyrtech also develops aerospace and military electronics for applications including geolocation, missile warning systems, and laser warning receivers. In November 2006, Lyrtech released a small form factor software-defined radio development platform in partnership with Texas Instruments and Xilinx. Its Innovator division, acquired in 2006, for nearly $3M, was sold back for roughly $300,000 in late 2007 as part of a restructuring plan designed to save the company. Lyrtech was ranked 43 in the 2007 Canadian Technology Fast 50 by Deloitte. In November 2011, the company's assets were taken as repayment by one of the main creditors, Finex Corp. Following this move, Lyrtech was left without assets and operations and has been delisted from TSX-V. Last trades were at 0.005 (1/2 cent) per share, giving the company valuation at about $200,000.
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Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
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Key claims and bibliography are generated from the same tracked claims and sources as the article page.