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Ztest Electronics Inc C.ZTE

Alternate Symbol(s):  ZTSTF

ZTEST Electronics Inc. is a Canada-based technology company. The Company, through its wholly owned subsidiary, Permatech Electronics Corp. (Permatech), offers electronic manufacturing services (EMS) to a range of customers. Permatech’s offering includes printed circuit board (PCB) assembly, materials management and testing services. Permatech is a contract manufacturer of complex circuit boards, serving customers in the medical, power, computer, telecommunications, wireless, industrial, trucking, wearables and consumer electronics markets. It specializes in servicing customers who are looking for high yield and require quality and rapid-turnaround on low and mid-volume production of high complexity products. Permatech operates from a 21,000-square-foot facility in North York, Ontario, Canada.


CSE:ZTE - Post by User

Bullboard Posts
Post by Mr_Smithon Dec 14, 2007 12:09pm
1389 Views
Post# 14021498

Read this before investing

Read this before investingAn excerpt taken from the last financial statement ending September 30, 2007. https://www.ztest.com/Financial_Statements/FI-08/FS08Q1.pdf Going concern basis of presentation These unaudited interim consolidated financial statements have been prepared in accordance with Canadian generally accepted accounting principles. This assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business. Should the Company be unable to continue as a going concern, it may be unable to realize the carrying value of its assets and to meet its liabilities as they become due. As at March 31, 2007 the Company has a deficit, to date, of $23,597,870 and working capital deficiency of $1,448,906. The Company's continuance as a going concern is dependent upon its ability to generate positive cash flow from operations or obtain adequate financing.
Bullboard Posts