QTK quiktrak networks limited

how to make money....without working for it, page-2

  1. 662 Posts.
    Has anyone asked management why South Africa should be any different to China? Or for that matter why QTK's partner in China recently took up a placement in SMA, a company that offers rival tracking technologies to QTK! Isnt it bizarre that China Alarm Holdings would take up a placement in a competitor if they had any intentions of honouring the QTK contract?

    Also how are QTK going to pay back the Bell Potter noteholders to the turn of $5.5 million later in 2008 when they are surviving on a $2 million loan from their largest shareholder?

    On face value QTK appears the biggest certainty to me to go into administration since CMQ. I cant find one iota of credibility amongst this mob, nor any evidence that there is hope of a future here. What a kick in the guts for honest people that bought shares in QTK in good faith on the back of the massive $380 million Chinese contract. The silence on that deal is deafening!!!!!! I wonder what Ian Porter from The Age Newspaper is thinking.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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