Jemtec Inc V.JTC

Technology Scientific & Technical Instruments

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.

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Jemtec Inc > Jemtec announce the lost of Nova Scotia contract

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Post by loopsbutterflyon Nov 29, 2023 4:59pm

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Post# 35759669

Jemtec announce the lost of Nova Scotia contract

starting July 1,2023

It is a material event...source annual report md&a 2023 out November 29,2023

I dont like the way they did the communication....they did the same with the Ontario contract

In my view they should report the material event immediately with a press release but instead it is a slow process and we have to find the information waiting the next md&a no matter the crucial information is material event for the shareholders...very strange the way they report it...

any thought on it????

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