Jemtec Inc V.JTC

Technology Scientific & Technical Instruments

JEMTEC Inc. provides integrated technology systems for community-based corrections in Canada. The company offers services and technologies for offender monitoring in Canadian federal and provincial correctional departments, and private customers. It also provides various levels of technology, which allows corrections, courts, and police to select from various options ensuring the correct level of offender control. In addition, the company offers offender location detection/verification technologies, include offender reporting through telephone contact, offender reporting kiosks with integrated database, global positioning system active and passive tracking, voice verification, electronic monitoring house arrest systems, remote alcohol in-home monitoring, and private monitoring services. JEMTEC Inc. was incorporated in 1981 and is headquartered in North Vancouver, Canada.

TSXV:JTC - Post by User

Jemtec Inc

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Comment by benzobenzoon Dec 05, 2023 11:26pm

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Post# 35770319

RE:RE:Jemtec announce the lost of Nova Scotia contract

The business should be based on an asset valuation. JTC is rich in current assets w/ it mostly consisting of cash. Minimal debt. They are seeking an acquis or merger. The loss of NS contract is immaterial as they will continue to lose $ unless the solgen contract is numerically replaced.

If you can buy this business for a discount to net value you'll have minimal risk of losing money.

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