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SELECTCORE LTD V.SCG

Sector: Communication Services | Sub-Sector: Telecom Services
Alternate Symbol(s):  V.SCG.WT

Selectcore Ltd is a provider point-of-sale transaction processing and electronic distribution solutions for the prepaid telecom and financial services market.
Price: $0.01 | Change: $0.00 | %Change: 0.00%
Volume: 120,000 | Day High/Low: 0.01/0.01 | 52 Week High/Low: 0.055/0.01
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1 star

No material news?

Has anyone heard an update regarding the 6000 canada post outlets. I was at one today and the lady said something was wrong with prepaid cards and they have been removed. No confirmation the cards...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

D T his a fine example why people invest in vulture companies at their peril. These are very high risk investments, huge likely hood of failure. A lot of people threw their money away. Small companies...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

I think the fact that they have a large customer who is not paying them suggests that the transaction went thru.  I am assuming the customer is dragging their heels in making payment because they no...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

If they sold the telecom assests for $6.6 mill, that will help erase the debt. Does anyone know if it went through?  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

Selectcore is one of many trouble companies that I track therefore I am not an expert on the fine details of any one of them. If you have more info as to what this is referring to then I would love to...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

The $2,525,000 loan bears an interest rate of prime plus 7% per annum, plus management and maintenance fee in the amount of 0.25% per month of the outstanding principal obligations. The Maturity date...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

It is my understanding that the debt you refer to is either Rogers, who is non intrest bearing, or the money put in by the Directors and they are not puling the plug J  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

I  think the # 1 concern is the $2,424,792 that is due in 8 weeks. Unless the creditor has a carryover of the Santa Claus spirit, that event will spell the end for the share holders and maybe even the...read more
0 stars

RE:Sale of Telecom assets

Sorry about that......clarification.....some of debt NOT most .  rate and reply
0 stars

Sale of Telecom assets

Can anyone confirm if the sale of the telecom assets are included in the q3 earnings ? Also note that most of the long term debt is held by insiders so don't count them out just yet.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

Hotdog I think you missed my point, which was that sales, operational cash flow and even profits do not matter that much at this time.  I found that Ironic.  What is most important is resolving the...read more
0 stars

RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

Stockpaul, it is history. low revenue, hi debt, o profit... what is it that you do not get? Did someone read anything about the sale anounced earlier this summer?  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

I think they knew the financials would be cr-ap and that there is no point in releaseing news only for them to be clobbered again Look for news releases in December The positive cash flow is an...read more
0 stars

RE:RE:RE:RE:RE:Q3 Financials are on Sedar.com

It's really tough to gleen useful investment information from these statements.  So many questions left unanswered.  But on the bright side they did make the efffort to prepare and file them, so we...read more
0 stars

RE:RE:RE:RE:Q3 Financials are on Sedar.com

I must admit that my knowledge of financial statements is limited. It would be greatly appreciated if anyone would care to post their own intrepretations of Selectcore's Q3 Results, without the usual...read more
0 stars

RE:RE:RE:Q3 Financials are on Sedar.com

Just finished reading the MD&A. It's by far one of the most useless I've read in awhile. There's nothing about it that is 'Management Discussion & Analysis ' and more like 'Management Disclosures in...read more
0 stars

RE:RE:Q3 Financials are on Sedar.com

I wish management the very best in facing their many challenging.  Funny how sales volume and margins now mean so little.  Is there a white knight out there willing to take a huge gamble?  rate and reply
0 stars

RE:Q3 Financials are on Sedar.com

Yeah, Its seems like we are done!  rate and reply
5 stars

Q3 Financials are on Sedar.com

Holy Moly!!!!  rate and reply
2.5 stars

RE:RE:Full Blackout in effect

It is a concern. If I can't get through, I assume no one else can either including potential customers. The Canada Post Cards are barely in the public eye. You need to search and the folks at the Post...read more

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