QTK quiktrak networks limited

Its going well enough to be able to fund the most of the rollout...

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    Its going well enough to be able to fund the most of the rollout for the Beijing contract.

    Pallister said the major part of the rollout is done and has been paid for.

    The other component are the transponders where QTK are sourcing their manufacture in China,which has a double benefit.

    It gives QTK a world competitive product now being made at a world competitive price.......which can be deployed in Beijing and elsewhere which can only improve the bottom line on any deal.

    Pallister is back in China.... the Middle East and Europe in just over 10 days time.

    I would expect more news from a deal perhaps in the Middle East.

    QTK said they were in advanced negotiations with "other countries".

    I doubt he is flying there for fun.

 
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