Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Intermap Technologies Corp T.IMP

Alternate Symbol(s):  ITMSF

Intermap Technologies Corporation is a geospatial intelligence company, which creates a variety of geospatial solutions and analytics for its customers. The Company operates through digital mapping and related services segment. The Company's geospatial solutions and analytics can be used in a range of applications including, location-based information, geospatial risk assessment, geographic information systems, engineering, utilities, global positioning systems maps, oil and gas, renewable energy, hydrology, environmental planning, wireless communications, transportation, advertising, and 3D visualization. Its wholly owned subsidiaries include Intermap Technologies Inc. (a United States corporation); Intermap Insurance Solutions Inc. (a United States corporation), Intermap Technologies PTY Ltd (an Australian corporation); Intermap Technologies s.r.o. (a Czech Republic corporation); and PT ExsaMap Asia (an Indonesian corporation).


TSX:IMP - Post by User

Bullboard Posts
Comment by knicksmanon Oct 23, 2015 1:18pm
148 Views
Post# 24221320

RE:RE:RE:Here's how

RE:RE:RE:Here's howIntermap was required to disclosed award as it had secured the contract through a competitive process (which involved other parties). This type of information could have been leaked (and is material). As such, it was press released as it should have.

While the second contract has been discussed (as it is  material), it has not been press released, and will likely not until it is final -- the reason being that the process is different. But again, information of a potential second contract should be disclosed as it IS material. These contracts are huge in comparison to the market capitalization of the company.

Your comments on the company bleeding money are based on historical financials. Intermap closed (and completed) a >$3 million contract and likely secured a number of smaller insitepro contracts in the quarter. I would wager Q3 will actually be profitable. 

Why do you think the company would maliciously advertise potential contracts anyway? It wouldn't even be possible for the company to raise equity (and management owns a small stake). Not sure why you would even compare MDA and IMP?! You're stretching a little here.

Xandar, you certainly know a lot about the space, but there are nuances relating to Intermap that you have NOT adjusted/accounted to/for. Give the management a call...
Bullboard Posts