Australian (ASX) Stock Market Forum

ICE - iCetana Limited

ASX 22 September 2020
icetana secures orders for United States prison customers through reseller Rasilient

Highlights:
● icetana receives two orders for its motion intelligence platform
from reseller Rasilient for US state prison end-users valued at
US$100,000 in aggregate for 5 year licence terms

● The orders are significant as they represents icetana’s first US
prison customers and a geographic expansion of the correctional
services vertical market sector beyond existing Australian based
prison management clients

● The US prisons market is one of the largest in the world and the
state authority is known as a leading operator in the US providing an excellent reference opportunity for both Rasilient and icetana
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Small position taken today.
Winters over, time for an ice melt up. DYOR.
Now not holding. :whistling:

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Hmm frugal, this thing has a hell of a lot of upside potential. I might make another minimum trade tomorrow. You going to buy back in?
 
Cheers B, I like 60% overnight...
A muso... not really, but I like to play my brain.... resonant frequencies, waveforms and harmonics... does that count ?

Certainly does count in my book:cool:

Harmonics ... Whoa! Mention harmonics to any blues/rock/heavy metal guitar dude, and they will likely become your best friend for an indefinite and undefined amount of time ;):singing:

Well done on the 60% .... If only you had 100K on it .... you could have had the rest of the year off;):cigar: We all need to sleep at night however!
 

Working with a Panasonic subsidiary.

Mr. Yoshio Shono, President and CEO of Panasonic LS Networks Co., Ltd., stated as follows. “Panasonic LS Networks Co., Ltd. has introduced the ArgosView system to customers in various industries. However, many conventional surveillance camera systems are limited to discovering and grasping events, and there have been no products that can prevent or respond after an event occurs. We are confident that this “linkage between Argos View and icetana” will support the safety and security of our customers more than ever, and will greatly promote DX in the security industry. We are a manufacturer of switching hubs, but also a system integrator. We will contribute to the safety, security and convenience of our customers with a total solution that integrates network and security. ”
 
Hello Verce, just thought I would pump it a little for you as it seems somewhat neglected! :)

"icetana (ICE) is planning to raise $2.7 million through professional and sophisticated investors in a growth-focused placement
Around 33.5 million shares will be issued at 8 cents per share with Sequoia Corporate Finance acting as lead manager of the offer
Proceeds from the capital raise will be used to support extended sales, marketing activities and software development
This includes the addition of sales enablement resources in the Americas and European markets, as well as deployment of targeted marketing collateral for the guarding services segment
ICE shares are down 9.5 per cent at 9.5 cents"

 
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