QTK quiktrak networks limited

Damn good point Ocker. You are always on the ball.Also...is this...

  1. 11,407 Posts.
    Damn good point Ocker. You are always on the ball.

    Also...is this a contract....a real contract? Will Quiktrak really receive $1 million in revenue?

    The nail in the coffin for Quiktrak is whatever they release....no one will ever believe.

    Its a case of "the boy who cried wolf".

    But the Quiktrak Boy crying wolf.....Pallister...even Smuggler..cried wolf every day for the last 2 years.

    Then we knew they were full of it as one thousand million in revenue was just not realised....swept under the carpet.

    So from here...Quiktrak is not just on their last legs....they are on a 5 year probation.

    Can Quiktrak make profit in a quarter? Can they sustain themselves as no one is goign to give them any funds...they need now to make real money or use Pallisters to stay afloat.

    Its make or break. Either they make profit now or they die.

    Beware of propped up announcements like this....and question...how much profit is in this....I assume say 30%.....$300K......they owe Bell Potter $6 million in under 1 year.....this supposed contract with ADT would not even pay employees for 3 months and office expenditures and Palllisters flights all around the world.




 
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