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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
Post by segltechon Mar 28, 2014 11:31am
145 Views
Post# 22381715

The usual order process for the Middle East with NTG is

The usual order process for the Middle East with NTG is1. DOU 2 LOI 3. the order sometime later. Normally the work is commenced on receipt of the LOI, well before the order is received. This is different from the rest of the world's way of doing business as we do not move until an order is received. They recently received the second LOI announced in March for a combined total of $6.37 million. Add in the $1.4 million contract announced in December with a Canadian partner and we have had $7.8 million in new orders announced in the last 3 months. The company has a significant work log for 2014 and continues to generate record results. Ask yourself, why would anyone want to sell shares!!!
Bullboard Posts