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Bullboard - Stock Discussion Forum 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... see more

TSXV:JTC - Post Discussion

Jemtec Inc > SOLGEN
View:
Post by TonyOntario on Jul 03, 2022 10:45am

SOLGEN

How come we need to read the MD&A to find out that they didn't get the SOLGEN contract? Since it represents 40% of their revenue, it seems pretty material to me. Although it does explain the recent tanking of the share price.
Comment by benzobenzo on Jul 06, 2022 9:45am
Agree TonyOntario.  The loss of their SOLGEN contract is significant to their business profitability and should of been more prominently publicized instead of mentioned in the Liquidity and Capital resources section of the MD&A. Moreover, I believe their Province of Saskatchewan contract expired in March 2022 and haven't read any news if that was renewed and at if so, at what contract ...more  
Jemtec Inc