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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 Joyce1952on Apr 01, 2014 6:01pm
242 Views
Post# 22397932

Ability to Exercise Options

Ability to Exercise OptionsMid October financials indicated: In an unrelated matter, the 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. Won't there be a push to 60 cents to get these into the money?
Bullboard Posts

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