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Intermap Technologies Corp T.IMP

Alternate Symbol(s):  ITMSF

Intermap Technologies Corporation is a geospatial intelligence company, which creates a variety of geospatial solutions and analytics for its customers. The Company operates through digital mapping and related services segment. The Company's geospatial solutions and analytics can be used in a range of applications including, location-based information, geospatial risk assessment, geographic information systems, engineering, utilities, global positioning systems maps, oil and gas, renewable energy, hydrology, environmental planning, wireless communications, transportation, advertising, and 3D visualization. Its wholly owned subsidiaries include Intermap Technologies Inc. (a United States corporation); Intermap Insurance Solutions Inc. (a United States corporation), Intermap Technologies PTY Ltd (an Australian corporation); Intermap Technologies s.r.o. (a Czech Republic corporation); and PT ExsaMap Asia (an Indonesian corporation).


TSX:IMP - Post by User

Bullboard Posts
Comment by CH4RTQU4NTon Feb 17, 2016 10:48pm
215 Views
Post# 24569181

RE:RE:SDI Contract Details

RE:RE:SDI Contract Details All of this has been discussed here more or less but to summarize, the DRC is not the one flipping the bill and therefore cannot cease payment at any time. This project is being financed by a cabal of major international lenders and investors. There is a concerted international effort to "liberate" this particular country and the contract will be enforced irrespective of the current government's solvency. 

Check out the Q3 CC transcript. Intermap CEO Todd Oseth laid it to rest and explains the language surrounding the Prime which amounts to nothing more than some mild ambiguity. Airmap is the Prime, Intermap receives 100% of the awarded contract.

The royalty is owned by Vertex and it's in Vertex' best interest to reassess the royalty in a favourable manner since they own a significant portion of the company. Vertex wants to start capitalizing on their investment, and simply put, their equity stake is worth more than the royalty over time. Vertex also owns all of the debt which will likely be renegotiated and paid down with proceeds from the contract and other cash inflows which negates the need for a raise.

Intermap is in good hands and the shares should be worth $1 - 1.50 CAD, much more with the 2nd SDI on deck and other opportunities unfolding in the near-midterm.

Robbie I hear the drums echoing tonight, buy some shares tomorrow, they're waiting there for you!

robmiller wrote: First of all the it doesn't matter who the contract is signed with the government is the one flipping the bill!,The government can cease all payments at anytime on any of their contracts & IMP is not the prime and they only see portion of contract $$$$'s due to royalties as well as HUGE debt to be paid that's been extended & depending on how long this deal takes to finalize IMP might have to do a raise! No bashing or pumping if all works out I agree this will be a huge stock just stating the facts,their are still lots of risks here IMO! Rob


Bullboard Posts