QTK quiktrak networks limited

watch this one, page-46

  1. 11,407 Posts.
    Hi Rimtalay

    Thanks for the explanation.

    Its great that you have taken on Infoseekers motto to "Look, Listen and Learn".

    If you can do that if life, I think most of us can get ahead.

    Do you know if Quiktrak is releasing their quarterly today?

    Now lets get back to that talk we were having.

    Yes I have read that announcement from Quiktrak which says:

    "Discussions with other leading security providers continue and QTK expect to sign further agreements to accelerate the growth of its South African operations."

    Then you asked:

    "Do you have any idea who Quiktrak will sign further agreements with??"

    No I don’t, do you? If so, please share.

    Now with the agreements signed already in South Africa, is Quiktrak making money from them, if so how much?

    You see, we can pluck numbers out of the air like your moderated post the other day stating "if quiktrak shows any money in the bank in this next quarterly, QTK will go straight to 20 cents".

    So a 1000% jump.

    I haven't seen one of those since FDL now FMS stated they are going to exploit tenements near FMG's for iron ore.

    We can go back and forth with each other about the whole quiktrak situation but as you know well, Quiktrak has certainly taken on "The Boy Who Cried Wolf".

    Lebanon, China, all those other counties with possible hundreds of millions of dollars in revenue, and each time they have delivered no such revenue.

    In fact, on November 2007, Quiktrak stated in a report they would soon update the market on what’s going on with the China $1 billion worth of work they have there.

    8 months later, China is never mentioned.

    Now Quiktrak believes they will makes heaps of money in South Africa.

    Many people who have seen the Quiktrak story over the years do not believe what the company states.

    New people researching Quiktrak will also find on forums, Google quite a lot of unpleasant information about the company and basically how they have failed time and time again to deliver anything they have stated they will do.

    All we see is Quiktrak trying to raise more money from the public, brokers or other sources...spending this money and then asking for more.

    All this time, Quiktrak still delivers nothing back.

    Therefore, trust went out the door a long time ago.

    Money sources for Quiktrak now have dried up and one Quiktrak Director has had to dig into his own personal finances to keep the company propped up.

    Now you keep saying South Africa is where Quiktrak could make hundreds of millions.

    Could you elaborate quite scientifically the model of business that Quiktrak will use to achieve this.

    Please break it down for readers and show exactly why, with proof, that Quiktraks presence in South Africa will not be another failure and waste of share holder money like it was in China and all the other countries where Quiktrak failed to deliver.

    Thanks in advance.

 
watchlist Created with Sketch. Add QTK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.