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NTG Clarity Networks Inc V.NCI

Alternate Symbol(s):  NYWKF

NTG Clarity Networks Inc. is engaged in providing networking solutions. The Company provides telecommunications engineering, information technology, networking, and related software solutions. It operates through two segments: Canadian segment and Egypt segment. The Canadian segment is made up of activities in Canada and its offices in Saudi Arabia and Oman. The Egypt segment is its software development group and also provides professional services, offshoring services and network services to customers in Egypt. It focuses on commercial off the shelf products, serving multitude of industries, covering enterprise management solution via its flagship StageEM Enterprise Management, NTS-Billing, NTS-Inventory Management and Control, NTS-Workflow Management, NTS-Partner Relationship Management. It also provides end-to-end services including customized solutions development, such as software, Web, applications, systems integration, testing as a service (TaaS), outsourcing, and consulting.


TSXV:NCI - Post by User

Comment by profitprophet1on Sep 17, 2024 8:56pm
108 Views
Post# 36228260

RE:RE:RE:Wow new PP announced after market close

RE:RE:RE:Wow new PP announced after market closeThe company is taking advantage of the higher share price to raise money from investors wanting to purchase shares in the company. As a result current owners' stake in the company is less as a % of the whole. This is called dilution. In this case it is small. Issuance of shares can be used to raise money to reduce debt or for general expansion purposes or for an acquisition all of which may increase company profits and flexibility. To entice investors, the shares are offered at a discount to where they've been trading recently and with a sweetener (warrants) at a hopefully not too far off price. Overall this raise looks reasonable.
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