QTK quiktrak networks limited

re: sorry boys beijing aint gunna happen Gee Strato. Min 10 mill...

  1. 1,347 Posts.
    re: sorry boys beijing aint gunna happen Gee Strato. Min 10 mill over 5 years is a big comedown from 380 mill USD. If it is only 10 mill i would think QTK's current market cap would be more than fully valued.

    And you should also note that "the contract" is now down to 3 years and 8 months! And in the first 1 year and 4 months not much has really been delivered has it?
    Lets hope things improve over the remainder of the term.

    And while we are on Beijing, is not the only remaining stumbling block the granting of a licence by the chinese? You would think that if they were desperate to get a lot of these transponders in place before the Olympics they would be ensuring a quick grant of the licence. Unfortunately they dont seem to anxious at all do they?
 
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