THTHF ($0.004) Rated Outperform..Be early..DD inside..
By: mark_my_wordz
22 Jul 2003, 12:35 AM EDT Msg. 73929 of 73932
(This msg. is a reply to 73926 by mark_my_wordz.)
Jump to msg. #
THTHF ($0.004) Rated Outperform
studio.financialcontent.com
.....
By: mark_my_wordz
21 Jul 2003, 06:55 PM EDT Msg. 73926 of 73932
Jump to msg. #
Keep an eye on THTHF. The company recently sold a non-performing unit for $250,000 net and the assumption of all the debts related to that unit (it's in the company filings - Edgar). Now THTHF can focus on the higher margin Engineering Services Division. THTHF at $0.004 might prove later to be the biggest steal of the year. Do your DD...mine tells me that it is a Strong Buy at these levels.
Thinkpath Sells IT Staffing Division to Treklogic Inc.
7/8/2003 7:00:00 AM
TORONTO, Jul 8, 2003 (BUSINESS WIRE) -- Thinkpath Inc. (THTHF) announced the sale of its IT Staffing division to Treklogic Inc. (TKI. CDNX) of Toronto, in consideration of cash, a note, and assumption of all employee liabilities. Tony French, former Executive Vice President of Thinkpath Inc. has joined Treklogic as Vice President of Business Development.
This transaction allows Thinkpath to focus all of its resources on building its engineering consulting, design services, and technical publishing business.
This is the final step in the restructuring process undertaken last year in order to regain profitability and focus. Engineering is now Thinkpath's core business and through the acquisition of CAD CAM Inc. in 1999, Thinkpath has a 25-year history and track record to build upon.
In early 2003, the establishment of engineering services was initiated in Canada and with the move to ABB's automation headquarters in Brampton, the company is positioned for significant growth.
Thinkpath Inc. (THTHF) is a global provider of technological solutions and services in engineering knowledge management, including design, drafting, technical publishing, and consulting. Thinkpath enables corporations to reinvent themselves structurally; drive strategies of innovation, speed to market, globalization and focus in new and bold ways. We are experts in the aerospace, automotive, manufacturing and health care industries.
cbs.marketwatch.com
- - - - -
View Replies » |
