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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

Comment by benzobenzoon Dec 04, 2021 1:25am
118 Views
Post# 34197851

RE:RE:Boring and profitable

RE:RE:Boring and profitableThank you.  I have directly asked management succession plans and also the certainty of long term contracts.  A few years ago their Ontario govt contract completed and was not renewed.  It was a large contract and then top and bottom line decreased.  They subsequently won newer contracts and have been successful.  Asset light business and doing well at this time but management did not shed much info on the contracts.
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