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Jemtec Inc V.JTC

Jemtec Inc. is a Canada-based full-service provider of global positioning systems (GPS) and electronic monitoring solutions across Canadian communities. The Company’s core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. The Company's services include global positioning systems, electronic monitoring, alcohol detection and voice verification technologies as they relate to location verification of offenders and individuals under restrictions in the community. It also provides private monitoring solutions for criminal pre-trial and immigration release plans. It has customized solutions ranging from Canada’s government agencies monitoring hundreds of supervised offenders as well as Bail and Immigration Release plans. On a private monitoring basis, it also offers different technologies depending on the release plan being proposed to the Immigration Review Board by Counsel.


TSXV:JTC - Post by User

Comment by benzobenzoon Dec 04, 2021 1:25am
104 Views
Post# 34197851

RE:RE:Boring and profitable

RE:RE:Boring and profitableThank you.  I have directly asked management succession plans and also the certainty of long term contracts.  A few years ago their Ontario govt contract completed and was not renewed.  It was a large contract and then top and bottom line decreased.  They subsequently won newer contracts and have been successful.  Asset light business and doing well at this time but management did not shed much info on the contracts.
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