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 > Trading below NCAV

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Post by Torontojayon Apr 25, 2024 8:34am

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Post# 36006683

Trading below NCAV

The company is not only trading below working capita but also below its net current asset value. At these prices, you aren't paying anything for the business.

The company is now focusing on non government contracts to further diversify its reliance on the government for work.

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