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NTG Clarity Networks Inc V.NCI

Alternate Symbol(s):  NYWKF

NTG Clarity Networks Inc. is engaged in providing networking solutions. The Company provides telecommunications engineering, information technology, networking, and related software solutions. It operates through two segments: Canadian segment and Egypt segment. The Canadian segment is made up of activities in Canada and its offices in Saudi Arabia and Oman. The Egypt segment is its software development group and also provides professional services, offshoring services and network services to customers in Egypt. It focuses on commercial off the shelf products, serving multitude of industries, covering enterprise management solution via its flagship StageEM Enterprise Management, NTS-Billing, NTS-Inventory Management and Control, NTS-Workflow Management, NTS-Partner Relationship Management. It also provides end-to-end services including customized solutions development, such as software, Web, applications, systems integration, testing as a service (TaaS), outsourcing, and consulting.


TSXV:NCI - Post by User

Bullboard Posts
Comment by fatboy92on Nov 23, 2013 1:13pm
196 Views
Post# 21934880

RE:RE:RE:Debenture Recap

RE:RE:RE:Debenture RecapNot sure what the 65 million shares come from?

" Company announced the following members of the Board of Directors will have share options issued; M. Zafar Farooqui; 100,000 options, Sinclair Stevens; 100,000 options, Kristine Lewis; 150,000 options; M. Adel Zaghloul; 150,000 options and Ashraf Zaghloul; 150,000 options. Each option will be exercisable at a price of $0.60 per share and will vest one half upon issuance and one half in six months time."
Read more at https://www.stockhouse.com/companies/bullboard/v.nci/ntg-clarity-networks-inc?postid=21933907#LEPhhuxxZWsHHUKL.99

Thats 650,000 options issued at .60  325,000 now and 325,000 in six months ,making total shares well under 35 million. Of course managements won't exercise these options if the shares aren't trading over .60 so that will be incentive to get the price above that . It shouldn't be an issue to absorb these shares when exercised and should be trading well over .60 in six months time.
Bullboard Posts