They have not got any assests to take over, they have sold their stuff in Australia, and trying to start up in S.A, of which is a world away, with one relying on updates by the company that now effectively trades overseas, convieniently out of reach.
With China and its 1 Million transponders a month deal no where to be found and $380 Million U.S or $500 million AUD deal lost at sea somewhere, (maybe Mobi might help here), or Smart trans can help tracking the tracker on land.
What about the $1 Million dollar deal in S.A, where is the money?
QTK threw up a host of other countries that they stated that they were expanding into, i.e Malaysia. Further Hong kong stock market listing etc etc.
Geez amn the old QTK was more successful, than this mob.
Shes Gunna blow - well they did in Lebanon anyway.
Should rename this Company CHAR - Charade
The quarterly will be interesting - especially interested in the Admin and office / furniture costs and expences this time.
QTK
quiktrak networks limited
