Q: Hi,
My question is on Intermap Technologies Corporation. The stock has had a big run lately and mainly due to a debt restructuring deal. Its ~34M of debt (which was crippling the company before) will be settled in this private placement for 1M dollars. Moreover, it's subscription business is growing which should provide a solid foundation for the company. With a few more contracts and the debt settled, this company should be EPS going forward. If so, the companies $190M NOL carry-forwards should convert to deferred tax asset (which would be larger than the market cap). Not to mention, its tangible and off-balance sheet assets...
What are you thoughts on this company going forward? Am I missing something in my analysis.. this stock still seems cheap (assuming the debt conversion takes place). I look forwars to your reply.
My question is on Intermap Technologies Corporation. The stock has had a big run lately and mainly due to a debt restructuring deal. Its ~34M of debt (which was crippling the company before) will be settled in this private placement for 1M dollars. Moreover, it's subscription business is growing which should provide a solid foundation for the company. With a few more contracts and the debt settled, this company should be EPS going forward. If so, the companies $190M NOL carry-forwards should convert to deferred tax asset (which would be larger than the market cap). Not to mention, its tangible and off-balance sheet assets...
What are you thoughts on this company going forward? Am I missing something in my analysis.. this stock still seems cheap (assuming the debt conversion takes place). I look forwars to your reply.
Q: May I please have your opinion on this company and recent news. Thank you.
Q: Hello i5,
I was hoping to get your thoughts on the company's recent press release regarding Q4 earnings and it's strategic review process.
Thank you.
I was hoping to get your thoughts on the company's recent press release regarding Q4 earnings and it's strategic review process.
Thank you.