Jemtec Inc V.JTC

Technology Scientific & Technical Instruments

Jemtec Inc. is a Canada-based full-service provider of global positioning systems (GPS) and electronic monitoring solutions across Canadian communities. The Company’s core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. The Company's services include global positioning systems, electronic monitoring, alcohol detection and voice verification technologies as they relate to location verification of offenders and individuals under restrictions in the community. It also provides private monitoring solutions for criminal pre-trial and immigration release plans. It has customized solutions ranging from Canada’s government agencies monitoring hundreds of supervised offenders as well as Bail and Immigration Release plans. On a private monitoring basis, it also offers different technologies depending on the release plan being proposed to the Immigration Review Board by Counsel.

TSXV:JTC - Post by User

Jemtec Inc > Jemtec announce the lost of Nova Scotia contract

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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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