Jemtec Inc V.JTC

Technology Scientific & Technical Instruments

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

Jemtec Inc > Boring and profitable

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Comment by DudeRancher1953on Oct 19, 2021 10:33am

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RE:Boring and profitable

Thanks for the post. I view the company in a similar manner.
One concern I have is that the CEO is extremely key here and to a certain extent is a one-person show. I may be wrong on this, however it appears that way to me.
So it would be nice to know about succession plans as they would be key in any sale of the company.

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