quiktrak mou with national security provider, page-5

If this announcement had come from any other company then one could probably look for the positives in the announcement.

Unfortunately, with QTK's track record people are going to try and read between the lines.

In doing the latter:

(a) Is the company running short of cash, and in recognition they have have run out of funding sources are now resorting to selling off assets?

(b) No mention is made of the large inventory they were carrying as at the last reporting date.

(c) How can shareholders and/or the market be expected to properly evaluate the press release when no monetary consideration value is given - surely this is not confidential, but is of vital interest to the shareholders (the actual owners of the company)?

To my mind the press release raises more concerns (for shareholders) than it does provide meaningful information.