NamSys Inc V.CTZ

Alternate Symbol(s): NMYSF

Technology Software - Application

NamSys Inc. offers software solutions for currency management and processing for the banking and merchant industries principally in North America. It provides Cirreon and Currency Controller software subscriptions and hosted services, upgrading legacy license holder’s systems, training, consulting and maintenance and product support of legacy systems. Its solutions include smart safe monitoring, cash-in-transit logistics, cash vault management, deposit tracking and online change orders. Its Cirreon Smart Safe is an open, cloud-based digital platform for managing networks of smart safes. The Cirreon cash-in-transit logistics lets clients map out the logistics of armored carrier’s activity in an electronic process. It provides Cirreon Banking to track deposits in detail with simple interfaces, comprehensive reporting, and complete visibility. Cirreon Banking provides a robust, easy-to-use platform that automatically tracks their digital change order data and keeps everything secure.

TSXV:CTZ - Post by User

NamSys Inc

Bullboard Posts

Comment by clear2012on Jun 17, 2015 6:26pm

108 Views

Post# 23841590

RE:RE:RE:RE:RE:Deferred revenue and AR

There is only $71,000 that is over 90 days and the company has not allocated any amount for "allowance of doubtful accounts". I think you may be seeing a risk that is not reported by the company.

Cencotech issues its news and financials very 'by the book', which I think is why they report in this manner.

Cheers,
C2

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