After doing a little DD, I found this from the STTK website.
Quote:
Smart-tek Comunications Inc.
SCI is a market leader in integrated security, voice and data communication systems. SCI provides seamless integration of the latest in security technology with proven electronic hardware and software products. SCI specializes in integrated security and communication systems for commercial and governmental organizations typically located in commercial office buildings and properties located in Western Canada.
The Company’s products and services sold include the design, sales, installation and service of:
Closed Circuit TV
Access Control
Intercom and Communications Systems
Alarm Monitoring Systems
Voice and Data Structured Cabling
SCI has positioned itself as a leading security and low voltage systems provider in the Greater Vancouver area, currently supplying over 45% of new construction projects in the downtown core alone. SCI has also positioned itself as one of the outstanding integrated security and surveillance system providers in Western Canada. SCI provides its clients with a complete range of security solutions, and their clients do not have to settle for a "one size fits all" approach. SCI has the resources and expertise to develop creative security solutions programs tailored specifically to each client's business, and they leverage their core competencies to create unparalleled customer value. Clients include:
911 Emergency Call Centres
Municipal and Federal Law Enforcement Agencies
Municipalities
Utilities
Airports
National and International Property Developers
National and International General Contractors
SCI's competitive advantages are derived from management's past performances with general contractors, electrical contractors, electrical engineers, architects and end users. The Company's flexible work force, its' reputation, relationships and design build capabilities have given them the ability to compete with and win business from larger firms in the Western Canada market. |
I know that this is a bird flu play, but the cool thing about STTK is they are a profitable company, as per their SCI subsidiary. I live in Vancouver, BC and let me tell you, the residential and commercial development market has been HUGE here the last couple of years ever since we won the right to host the 2010 Winter Olympics. So there isn't too much downside risk in owning this stock IMHO.
