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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Comment by Mephistopheles3on Dec 12, 2022 10:29am
150 Views
Post# 35165980

RE:RE:CTS - advisors engaged & IR team

RE:RE:CTS - advisors engaged & IR teamYou also need these kind of advisors to help guide the process in general and keep it organized.  For example, it's just like real estate, where you might have 10-15 players who are doing the "open house" and are midly interested, but you might only have a few that are serious serious players willing to put in an offer.

I do like having these external advisors though, especially since management owns a pretty good amount of shares, so it helps keeps things indepedent so that the company does move forward in the best interest of shareholders, even if the CEO is not happy.

We're 19 days until the end of the year though and Xmas is just a slow period.  So likely everyone is getting set up and probably just waiting for the Q4 results to come in (they probably have the November results by now). 

Not expecting too much for the next few weeks - but we'll see if the new investor relations guys helps guide the process as well.  
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