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OTC US
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saratoga electronic solution (SAR) Details

Saratoga Electronic Solutions Inc. engages in placing and operating a network of automated teller machines (ATMs) primarily in eastern Canada. It also involves in the wholesale distribution of prepaid cards, point-of-sale activated prepaid phone personal identification numbers (P.O.S.A.), prepaid debit cards, long distance calling cards, and various electronic gift card solutions to consumers. The company provides its prepaid products through freestanding intelligent machines, P.O.S.A. terminals, and traditional merchants. As of March 31, 2011, it operated a network of approximately 445 ATMs, as well as managed approximately 2,670 point-of-sale locations. The company was founded in 2005 and is based in Montreal, Canada.

Founded in 2005

saratoga electronic solution (SAR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
President of Car-Tel Distributions Inc
Total Annual Compensation: C$106.7K
Compensation as of Fiscal Year 2012.

saratoga electronic solution (SAR) Key Developments

Saratoga Electronic Solutions To Be Moved To NEX From TSX Venture Exchange

In accordance with TSX Venture Policy 2.5, Saratoga Electronic Solutions Inc. has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective on September 18, 2012, the company's listing will transfer to NEX, the company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Montreal to NEX.

Saratoga Electronic Solutions Inc., Annual General Meeting, Oct 03, 2012

Saratoga Electronic Solutions Inc., Annual General Meeting, Oct 03, 2012., at 14:00 US Eastern Standard Time. Location: 2975 Hochelaga. Agenda: To receive the consolidated financial statements of the company for the financial year ended March 31, 2012, and the report of the auditors thereon; to elect directors of the company for the ensuing year; to appoint auditors of Saratoga and to authorize the Board of Directors to fix their remuneration; to consider and, if thought advisable, to adopt a resolution to authorize Saratoga to present to shareholders at the meeting, financial statements in respect of a period ended earlier than the period provided by applicable laws and regulations; and to transact such other business as may properly come before the meeting or any adjournment or postponement thereof.

Saratoga Electronic Solutions Inc. Auditor Raises 'Going Concern' Doubt

Saratoga Electronic Solutions Inc. filed its Annual on Jul 30, 2012 for the period ending Mar 31, 2012. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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Valuation SAR Industry Range
Price/Earnings 0.2x
Price/Sales 15.2x
Price/Book 3.8x
Price/Cash Flow 0.2x
TEV/Sales NM Not Meaningful
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