"In light of the ongoing cash requirements in respect of its Australian subsidiary, Multitrak Pty Ltd, and the huge growth potential overseas for the company, particularly in South Africa, the Board has decided to focus on its international opportunities and to divest itself of Multitrak Pty Ltd. This will remove the large and ongoing cash requirements demanded by further research and development and enable QuikTrak to move towards profitability in the near future by fully commercialising its 3G technology."
International opportunities Bah-Humbug
Growth potential overseas
It couldnt make a buck in China or Australia.
Unable to pay its listing fees
wiyth $40,00 in the bank, its is expanding internationally LOL
Al the promises it made, what about all those deals, all letters of intent that never came about - lies of of them
International opportunities Bah-Humbug
You have got to be kidding This disgraceful company has been delisted, LOOK AT THE ASX SITE FOR GOODNESS SAKE
What kind of person are you???, are u brain dead to reality??
QTK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
