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Jemtec Inc V.JTC

JEMTEC Inc. is a Canada-based provider of integrated technology systems for community-based corrections. The Company's business is the provision of services and technology for offender monitoring in Canadian federal and provincial correctional departments. Its solutions include government agencies, and bail & immigration monitoring. The Company's offender location detection/verification technologies include offender reporting via telephone contact, offender reporting kiosks with integrated database, GPS active and passive tracking, voice verification, electronic monitoring house arrest systems, remote alcohol in-home monitoring and private monitoring services. It offers the Canada Border Security Agency with electronic monitoring solutions, which allow Federal Immigration Officers to supervise strict conditions for released persons while reducing their contact with other custodial populations. It offers different technologies depending on the release plan being proposed by counsel.


TSXV:JTC - Post by User

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Post by DudeRancher1953on Dec 14, 2020 10:08am
141 Views
Post# 32098891

Feds, Saskatchewan and Nova Scotia

Feds, Saskatchewan and Nova ScotiaIf you are interested in this company, read the recently filed financials on SEDAR.
They appear to have contracts with the Feds and Sask and NS.
Looks like all 3 contracts were extended beyond the initial terms so these govenments must have been pretty happy with Jemtec's performance.
Seems to me that home incarceration should be on the rise due to COVID yet sales were flat Y/Y.
I also wonder how the company might extend these services to other provinces.
Any thoughts?
Also: Anyone out there?
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