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  4. Traack Technologies Inc. (TRAA) Message Board

Intangible asset overvalued in ARCI books. ARCI

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Post# of 1559
(Total Views: 396)
Posted On: 01/11/2018 11:21:28 AM
Posted By: Oneforall
Re: Outside Information #1358
Intangible asset overvalued in ARCI books.

ARCI paid a fortune for a patent application, not even an obtained patent ! And the patent application might be obsolete by now.

Live venture management have 0 experience in telecom which is what Geotraq is all about.

In addition, this patent application was supposed to be owned by GTRQ ( now Gotraq) but instead was bought by ARCI from Geotraq, Sullivan private company.

Realistic corrected ratios, as calculated by lenders I presume, probably led to the recall of credit margins, IMO

Nothing good here for GTRQ shareholders I’m afraid.,


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