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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 pipsqueak3on Sep 21, 2016 5:20pm
96 Views
Post# 25262767

RE:RE:RE:RE:From IR

RE:RE:RE:RE:From IRNot sure where 'new' came from?

My simple take:

PR: Going forward, the Company has adopted a no further guidance disclosure policy until it is profitable and its debt burden has been reduced.

IR: Our policy has not changed, that guidance comment is just reiterating our position. We’ve never given financial guidance and in regard to the project financing and SDI project we are not, and haven't been, providing any guidance on timing of the project financing for a while now. We will put out a press release when something material occurs.

Me: Technically, every day they can say 'going forward' and it would be no less true. It's semantics to me - we knew they had the policy and now they are saying 'going forward' we have adopted the policy. It's the first time it was written so from that standpoint, 'going forward' does fit. They should have done without the 'going forward' part however - but this was likely just some legal jargon statement for the first time it has ever been written. There's just a small disconnect between the people writing these statements vs the readership. This is because the new board members who are still getting settled in haven't fully realized that every word will get flipped upside down on them yet ;). First, "IF", and now, "Going Forward". Same intention - same result. 



Bullboard Posts