Well Judge, remain very cautious with this company.
The directors may honestly THINK they have a huge deal stitched up with the Chinese but there are very different ethical values operating with Chinese businessmen.
No matter what they have “agreed” to, they will always still take other options if they finder cheaper or more localised sources of supply. I know them well.
My suspicion is that QTK may be learning this at the moment. It is hard for them to give the market an “update” if they are being given the run-around themselves.
QTK
quiktrak networks limited
