QIS Update #10 2015 - August 14th 2015
Included in this update:
- NTG Clarity Networks receives $1.8 million Letter of Intent for NTG services
- New QIS Capital Research Report available on www.smallcaps.ca
QIS Capital has completed and posted an Independent Research Report on Siyata Mobile Inc. (SIM:TSX-V). The article is now posted online in the Research section of the website and is dated August 13, 2015. To access the report, simply click on the following link:
Research Report: http://www.smallcaps.ca/research-20-Siyata-Mobile-Inc.-(SIM:TSX-V)
As the QIS Updates have been issued a little less frequently in 2015, you are encouraged to check out the regular weekly summaries that we have been posting all year in a thread on the discussion forum on the website (see link below). Each week we offer a recap of major news and market performance. In addition, we often add companies to watch that could be worth some of your time to conduct some additional due diligence.
Weekly Update Thread: www.smallcaps.ca/thread_viewer-3128-1-qis-weekly-update
Please feel free to email us anytime at firstname.lastname@example.org or call us at (250) 377-1182. We look forward to your comments, questions, and feedback.
NTG Clarity Networks Inc. (NCI:TSX-V)
Current Price: $0.385 (coverage commenced Feb. 4/10 - $0.045)
NTG Clarity Networks Inc. has announced that the company has received a $1.8 million Letter of Intent from a leading mobile operator in the Gulf region to provide software development, telecom consultants, project management resources and data migration services. NTG has already commenced work on this LOI with approximately 20% being completed and accounted for in Q1 2015 revenue. Work has continued in Q2 2015 and is expected to be completed by Q3 2015.
“NTG has been working hard in the last few years to establish itself as a leading provider of quality telecom software products and services in the Gulf region. This contract reflects our customer’s increasing satisfaction and confidence in our expertise in telecom systems and operator requirements.” said Ashraf Zaghloul, NTG Clarity’s Chairman and CEO.
QIS Capital: We are expecting sustained revenue growth in the upcoming Q2 financial results which will be released by the end of August 2015. NTG Clarity’s stock has held up nicely in what has been a terrible summer for small-cap stocks.
Disclaimer: This article is for informational purposes only. The information contained within this article should not be construed as offering investment advice. Those seeking direct investment advice should consult a qualified, registered, investment professional. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. The company profiled assumes no liability for the information presented. This is not a direct or implied solicitation to buy or sell securities. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. The author(s) owns directly or indirectly 1,068,000 shares and 100,000 options of NTG Clarity Networks Inc. and 70,000 shares and 35,000 warrants of Siyata Mobile Inc. QIS Capital may have a financial relationship with these companies and may trade in the stocks mentioned. No stock exchange has approved or disapproved of the information contained herein. Copyright © 2003 - 2015 QIS Capital Corporation.