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Bullboard - Stock Discussion Forum 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... see more

TSXV:NCI - Post Discussion

NTG Clarity Networks Inc > The Good and The Bad
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Post by nomadtrader on May 18, 2022 5:48am

The Good and The Bad

The Good: Had it not been for the resourcefulness and actions of the our President and CEO, this company would not have survived. Ashraf Zaghloul, Kristine Lewis and 2729252 Ontario Inc. saved this company.

The Bad: Every year for the past three years, shares have been issued to cover indebtedness owed to employees, senior officers, directors, creditors and consultants of the Company. This has resulted in the Outstanding Share number to balloon.

With all the new and renewed contracts, we may now be at an inflection point. If there was certainty that there would not be more dilution again this year, because NTG Clarity can now stand on its own; the share price would immediately spike. Maybe its time for a Letter to the Shareholders.

Good luck to all still here from the old days.
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