re: provision for bad debt Consider buying after of course DYOR.
To start you off
QTK are a genuine bonafide company whom does have income from Aust operations.
and soon from china with $U.S $380 Mill contract
looking into other provinces of china
has initial $2.5mill U.S contract with lebanon
with many more contracts to come from other parts of the world.
re-establishing networks that previous management set up such as- ;
in England, Nedtherlands, South Korea, parts of Europe
it is not a start up company, it has been going for 10 years now, and has done some good work under previous management, but was sadly run into the ground through their ineptness.
Now has very good management
Has a unique product, cannot be copied, cannot be defeated
used within close built up areas and in buildings
has numerous applications, such as fixed / moving assest monitoring.
man down facility - security guards
prisoners - (detention at home monitoring).
I have been following this company since inception, and have traded it successfully, over the years, but now they have become an investment stock for me.
QTK
quiktrak networks limited
trade and other receivables, page-15
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