Intermap Technologies Corp. (ITMSF)

[Quindien]

This should be stickied to the top of the board.

[Joe1644]

I do not believe that is entirely true.

I mean..the company has been around for a while, and it has taken a long time to get to this point, granted. However, with the current pending deal, and others that are in the pipeline, these are with governments - and sometimes timing is not within their control. It is a complex legal process.

Based on the research I have done on the company, I do believe that they do have a large deal that they are looking to close on and it may be bigger that originally thought (so the timing may now be right). We just have to wait and see. I am positive, and hope they announce another big deal before YE - although there is no assurance to that.

I agree with the others that we should get a good pop based on knowing the final deal particulars and it should get some investor attention that should drive the share price up. We will have to assess from that point, so see what else is in their pipeline. If you notice, they are closing on some smaller deals, and those can add up.

[nanoll]

I hear the company has a habit of under delivering ?

[noretreat]

????? The target is much more than 3x....

I think the bottom is in for now and unless there are bad clinical results it is safe to buy-in/add/re-enter/whatever.

[nanoll]

Ok , I believe before December from the release.

[Mitshu35]

The size of the first contract we are waiting for simply dwarfs the market cap of the company so I can assure you it is not factored into the share price currently. I would expect we will see at least $1.50 (US $) with the signing of the contract (I don't think that price will happen immediately on the news, but expect it would happen shortly thereafter). There is at least one, if not two, other potential large contracts expected to be announced in the fairly near term as well, and they are not reflected in the current share price either. We are just getting started here and this is an excellent time to be picking up shares, IMO.

[nanoll]

from reading some posts you seem to have sold .... I thought this had a 3 x target .

[nanoll]

Hello people. I was told about this company . I am from Canada. Was wondering if the share price already has this contract priced in or what is the target price put on this ( in CDN or US $$) thanks

[Jp111]

Picked up quite a few last week! looking forward to the weeks ahead! CEO did say that contract should be signed in q4. that's October November and December. keep in mind in the last earnings call second contract was mentioned of equal or greater size ( that's 125 mil equivalent or greater) some good times are ahead especially with the earnings call for Q 4 coming up in the beginning of November.

[Mitshu35]

I was hoping for this delay. I am going to be coming into a chunk of cash shortly and want to buy more shares before it starts moving up over the 50-cent range so now I have some time. Very positive on the company & future myself.

[Joe1644]

Well...at least they provided an update. I was hoping the deal was closed but not yet. Appears the deal size may increase which is a good thing.

Will just have to wait to see what happens over the next quarter.

Still feel positive here...

[snappermelon]

Intermap Technologies® Provides Update on Previously Announced $125M Letter of Award

Source: PR Newswire (Canada)
– Scope expansion discussions and complexity lengthens process of Definitive Contracting –

DENVER, Sept. 29, 2015 /CNW/ - Intermap Technologies Corporation (TSX:IMP), (ITMSF:BB), a leading provider of location-based solutions, reports that the process of completing the Definitive Contract for the Letter of Award, previously announced in a news release on June 22, 2015, has lengthened as scope expansion discussions ensue (requested by the contracting government), and from the complexity of the legal contracting process. The potential expanded contract terms remain under active discussion with the governmental client. Successful inclusion of the additional services being discussed, could add incrementally to the originally disclosed contract scope of work valued at greater than US$125 Million.

Initially expected to close during the third quarter of 2015, the increased program scope and contract complexities have changed the anticipated timing of the finalized definitive agreements into the fourth quarter of 2015. The Letter of Award is subject to the entry into Definitive Agreements giving effect to the tender terms and conditions, including, without limitation, a project finance facility agreement.

"Although we believe that we are close to completing the Definitive Agreements associated with the previously announced Letter of Award, the process has taken longer than we inititally anticipated as additional services have been proposed," said Todd Oseth, President and CEO of Intermap Technologies. "I'm pleased to report that the expanded scope discussions of the project relate directly to Intermap's extensive capabilities within the geospatial industry. Additionally, the numerous legal documents required for the Definitive Agreements must comply with international banking requirements and include multiple languages. We remain confident that we will be able to report the conclusion of the Definitive Agreements within the coming weeks."

The sovereign client intends to use the national spatial data infrastructure (SDI) for the planning, development, and management of national interests, including natural resource exploration and production, environmental protection, land administration, telecommunication, transportation and power networks, defense and homeland security. The program will include nation-wide data acquisition, utilizing the Company's proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology, alongside satellite and selective Light Detection and Ranging (LiDAR) coverage.

The letter of award is the result of a competitive tender process during which the Company demonstrated the enabling versatility of its proprietary Orion Platform®, the industry's first software-driven, big-data, geospatial analytics platform, capable of delivering customized solutions, at scale, to governments and commercial enterprises across multiple verticals from one unified control point.

Register for Intermap News Alerts at http://www.intermap.com/pressreleases.

About Intermap Technologies
Headquartered in Denver, Colorado, Intermap Technologies is an industry leader in geospatial solutions on demand with its secure, cloud-based Orion Platform®. Through its powerful suite of software applications and proprietary development of contiguous databases that fuse volumes of geospatial data into a single source, the Orion Platform is able to provide location-based solutions for customers in diverse markets around the world. For more information please visit www.intermap.com.

[Mitshu35]

Intermap Technologies® Makes Earthquake Data Available for Risk Scoring via InsitePro™

DENVER, Sept. 24, 2015 /PRNewswire/ - Intermap Technologies (IMP.TO), (ITMSF:BB), a leading provider of location-based solutions, today announced that it has entered into an agreement with Atkins, one of the world's most respected design, engineering, and project management consultancies, to include their natural catastrophe risk and hazard data archives, including North American earthquake data, in its InsitePro software product.

InsitePro is Intermap's cloud-based risk assessment software designed to help property insurance underwriters assess location-based risk. With its configurable analytic engine, InsitePro allows users to design risk scoring analytics that address specific business needs. InsitePro applies reliable peril and geospatial data in a way that fits a carrier's approach to risk.

"InsitePro's flood analytics are changing the way flood insurance is priced and delivered," stated Product Manager Ivan Maddox. "With the Atkins agreement, Intermap will be offering risk scores for all natural perils, including earthquake, hail, tornado, and wind (straight-line and hurricane). InsitePro can now replicate the innovation brought to flood risk assessment across these other perils, delivering custom analytics to underwriters that are based on dependable data and their own view of risk."

Using InsitePro, carriers can automate the risk pricing activities that they are comfortable with and identify risks that need further analysis by an underwriter. It offers fast answers for most properties and allows the carrier to add value where appropriate. Including all perils will enable a carrier to write complete property coverage for homes and businesses to differentiate themselves from carriers that only offer standard coverage.

[Jp111]

Big drop today, great time to buy more!!!

[Phoenixxx]

ITMSF is the next big thing!

[Jp111]

The final 8 working days continue!

[Jp111]

I very much hope so. I just hope it doesn't drop if nothing is released by September 30th.

[Macgruber]

Your probably right. Hope we hear something soon, GL

[Jp111]

To be honest I doubt that the person responsible for that post is going to get caught. Just wait for when it actually comes out. 8 working days left in the month. Something soon will come out within the next days.

[Macgruber]

No worries. I hope whoever is behind that goes down though, tired of all the crooked stuff.

[Mitshu35]

Thanks. I wasn't sure what this was myself since I didn't see any other PR's about it. It was a post from the Stockhouse message boards, and they track the Canadian exchange/stock so I thought maybe a release was done in Canada before it hit the US news wires. Thanks for calling IR to clarify.

[Macgruber]

I just spoke with Cory Pala in investor relations and this is being completely fabricated. Im not sure if Mitschu35 is making this up or marketwired.com, but rest assured its being brought to the attention of authorities, and who ever is doing this will be caught. Even though we don't have any official news since the last conf call, I asked him if sentiment still remains high and he responded with "Yes, and hang in there". Sorry wish I had more to add

[Macgruber]

Was that leaked? I can't find it and the company has not made an announcement yet? This is going to go bonkers once its official

[Betchips]

Gonna pick up some

[Macgruber]

Good news! thanks for posting

[Mitshu35]

Expanded Contract News:

DENVER, CO , Sept. 16, 2015 /CNW/ - Intermap (IMP.TO), (ITMSF:BB), a leading provider of location-based solutions, today announced that the Company has received a US$1.1 million expansion to a US$2.1 million airborne radar mapping services solution contract previously announced on June 5, 2015 , increasing the total value of the contract to $3.2 million .

Intermap is using its proprietary Interferometric Synthetic Aperture Radar (IFSAR) technology to collect orthorectified radar imagery and high resolution elevation data to enhance the customer's existing geospatial map database. This new dataset will be used for improved disaster planning, resource management, security interests, and infrastructure planning. The final deliveries of the dataset are expected to be substantially complete by the end of the third quarter 2015.

"Because of its unique capabilities, Intermap's Orion Platform® based IFSAR radar mapping technology is considered to be the best and most reliable approach for the customer's requirements," said Todd Oseth , president and CEO of Intermap. "This expansion contract is a great endorsement for the quality of product that Intermap's unique solutions approach is able to deliver."

[noretreat]

Not very efficient at generating revenue! YET. This looks to me to be either a 3x+ or zero. There does not appear to be a good way to know if any of this is real.

I'm in, however, for the medium term. Mark Gomes sure likes this one.

[FringeFinance]

How efficient is this company?

[Jp111]

My conversation with one of Mark's subscriber was after the last article he released on Seeking Alpha. Therefore I am certain and I do believe the subscriber when he says that mark does not think 2 deals are possible before end of q3 which is also at the end of September. As in my previous message Mark now believes that only one deal will be signed and sealed over the next 15 days or so towards the end of September. This is still great but as we continue on towards the end of September I'm assuming we are all bound to get nervous without any press releases coming out. Hopefully we see it ASAP or on September 30th.

[Jp111]

My conversation with one of Mark's subscriber was after the last article he released on Seeking Alpha. Therefore I am certain and I do believe the subscriber when he says that mark does not think 2 deals are possible before end of q3 which is also at the end of September. As in my previous message Mark now believes that only one deal will be signed and sealed over the next 15 days or so towards the end of September. This is still great but as we continue on towards the end of September I'm assuming we are all bound to get nervous without any press releases coming out. Hopefully we see it ASAP or on September 30th.

[Mitshu35]

I realize that it is being very optimistic to think we may see both deals completed and announced by the end of Q3, but that is what Mark wrote in his latest article so may be possible. I will be really curious to go back and see how accurate Mark's articles have been once we get some clarity here. I suspect he has a source within the company - if so, his various comments should be right on the mark; if his source(s) is someone 'close to the company' (but not an employee), I think we'll be able to tell that as well. In any event, I think he's doing a great job analyzing and writing about this little company and sure appreciate his efforts on it.

[ChampFox]

I would like to try this soon

[Jp111]

That's being really optimistic. One of the other guys on Seeking Alpha who is a subscribed member of mark gomez services told me that mark only expects one deal to go through by the end of September. He was previously optimistic about two deals going through before the end of September however that is not the case anymore. With less than 15 working days in the month left ideally it would be nice to see Intermap land something solid by the end of next week. If not it may be worthwhile revisiting the position held in Intermap.

[Jp111]

That's being really optimistic. One of the other guys on Seeking Alpha who is a subscribed member of mark gomez services told me that mark only expects one deal to go through by the end of September. He was previously optimistic about two deals going through before the end of September however that is not the case anymore. With less than 15 working days in the month left ideally it would be nice to see Intermap land something solid by the end of next week. If not it may be worthwhile revisiting the position held in Intermap.

[Mitshu35]

From Mark's comments in the latest SA article, sounds like both deals may be finalized & announced before the end of this month - wouldn't that be great!

[Jp111]

That's mark again. If you read the comments there seems to be a bit of back and forth between the nation being Kenya or Botswana or both. I think the first contract will be with Botswana as in the earnings call a landlocked country will be the first recipient was said. I think the second country before the end of the year will be Kenya. I can easily see the stock heading between $2 or $3 if both of these deals are closed before the end of the year. Maybe even more this could be the PLUG equivalent of 2015 and 2016.

[Mitshu35]

Another SA article out today, lots of interesting possibilites mentioned in this one.

http://seekingalpha.com/article/3495636-intermap-multiple-deals-are-nearing-completion

Exciting prospects!

[Macgruber]

For anyone interested, Mark Gomes has been covering this company for awhile on seeking alpha and has some updated coverage on his website http://poisedtotriple.com. Good reads

[Jp111]

Lesson 20 working days in the month left now!! We'll see how well Intermap does! I for one am very optimistic. I've even sent a few questions to the CFO. Hopefully I hear back soon.

[noretreat]

I'm out. Sold the last 4k near the close at 3 cents OVER what I asked. Closed green as a result. VERY FISHY! I mean, I'll take the 3 cents...$120...but something just ain't right here.

[Joe1644]

Good article..well respected analyst.

The upside is huge. Hopefully no snags in getting this initial deal inked officially, and hopefully more of the same size will follow.

[Joe1644]

To be honest, I do not and have not heard anything. You could also buy the stock on the Toronto Exchange directly.

Considering the fact that the market sold off dramatically of late, Intermap is holding up very nicely.

Good article on SA.

[Mitshu35]

Another SA article out yesterday on ITMSF.

http://seekingalpha.com/article/3476886-an-update-on-intermaps-megadeal-and-potential-new-verticals

Judging by the size of its mega-award, we estimate that Intermap's total market opportunity is well in excess of $1 billion. This figure has been confirmed by industry sources. Also, contacts close to the company have indicated that the company's pipeline may already be on the order of $500 million.

[Mitshu35]

Joe, do you (or anyone else) know if the company has ever said anything about wanting to get up listed on a better exchange? I suspect they want to but have not seen anything to confirm. Since they are filing reports even though not required to, and they are authorized to effect a reverse split, it looks to me like they are working on qualifying for a NASDAQ small cap listing once their revenues / financial picture improves. Being a grey sheet listed company probably both scares and limits potential investors. I am glad and excited to be in at these prices though!

[Joe1644]

Agree... Hearing that the current megadeal is on track to close before September which will be huge news. Another mega deal would propel the stock in a big way. I am holding that they sign another big deal!

[Jp111]

Same here , bought quite a few yesterday and today

[Mitshu35]

Bought more shares today. It's a steal at this level. Transformational news coming within the next 30 days or so IMO.

[Mitshu35]

Exciting prospects! I am in as of yesterday, bought more today.

[Joe1644]

I do not think you can go wrong..good that it is small position. Same here...but if if goes to 1.50 or 2.00 you have a nice profit from here...

Those price targets are (IMO) reasonable if they close on their initial large SDI and get another big one in my YE.

As another poster put it...this is a small hidden gem. I have been tracking this since for a few years now...so the timing was not there, but looks like things are finally turning for the better. This is an experienced team and devoted employees (very little turnover after all these years of little activity).

Good luck to all...