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Intermap Technologies Corp T.IMP

Alternate Symbol(s):  ITMSF

Technology Software - Application
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

Intermap Technologies Corp
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Comment by WatchLearnEarnon Dec 29, 2017 1:25am
201 Views
Post# 27243256

RE:RE:now working capital deficit of $30.9 million

RE:RE:now working capital deficit of $30.9 millionExactly. ForesstFrump is just trying to scare up some fear. Punk.

nexuss24 wrote: "why dont they just issue shares and pay off the debt for goodness sake ??!!"

It's an option they are considering - Read the MD&A. However, their debt had zero interest on it until Sept 2020. Whats the rush? They have a solid two years + to decide if they need to go that route. If they lock in some big contracts before that, they won't need to raise funds to pay off debt.  Even if they do, they can do it at a much higher price. 


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