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Replies to post #5880 on Remote Dynamics Inc (RMTD)
Remote Dynamics, Inc. (OTCBB: RMTD) (the "Company") today announced that it has filed a Form 15 with the Securities and Exchange Commission ("SEC") to voluntarily deregister the Company's common stock and suspend its reporting obligations under the Securities Exchange Act of 1934. The Company expects the deregistration to become effective within 90 days of filing with the SEC; however, it will no longer file current or periodic reports with the SEC, effective immediately.
As a result of deregistration, the Company's common stock will not be eligible for trading on any national exchange or the OTC Bulletin Board; however, the common stock may be eligible for quotation on the Pink Sheets by broker dealers. There can be no certainty of such quotations in the future unless market-makers continue supporting a market in the Company's shares. The Company's Board of Directors determined that the costs and other burdens of remaining a public company outweigh the advantages to the Company and its shareholders based on a number of factors including:
* The Company's small shareholder base (less than 40 shareholders of record)
* The nature and extent of trading in the Company's stock
* The valuation the market is placing on the stock
* The significant costs, both direct and indirect, of preparing and filing the periodic reports and forms a public company is required to file with the SEC
* The substantial increases in those costs arising from the implementation and maintenance of new requirements imposed by the Sarbanes-Oxley Act of 2002
As a result of deregistration, the Company will no longer file certain reports and forms with the SEC, including forms 10-K, 10-Q and 8-K.
About Remote Dynamics, Inc.: Remote Dynamics, Inc. markets, sells and supports a state-of-the-art asset tracking and fleet management solution that contributes to higher customer revenues, enhanced operator efficiency and improved cost control. Combining the technologies of the global positioning system (GPS) and wireless communications, the company's solution improves our customers' operating efficiencies through real-time status information, exception-based reporting, and historical analysis. The company is based in Plano, Texas. More information about Remote Dynamics is available online at www.remotedynamics.com.
Remote Dynamics, Inc. announced that it has filed a Form 15 with the Securities and Exchange Commission (SEC) to voluntarily deregister the Company's common stock and suspend its reporting obligations under the Securities Exchange Act of 1934. The Company expects the deregistration to become effective within 90 days of filing with the SEC; however, it will no longer file current or periodic reports with the SEC, effective immediately. As a result of deregistration, the Company's common stock will not be eligible for trading on any national exchange or the OTC Bulletin Board; however, the common stock may be eligible for quotation on the Pink Sheets by broker dealers. There can be no certainty of such quotations in the future unless market-makers continue supporting a market in the Company's shares.
Remote Dynamics, Inc. announced that a holder of its Series B Notes agreed to convert $1,688,032 of principal obligations due under the notes and all warrants held by the note holder into 18,756,355,556 shares of the Company's common stock. This conversion represents an issuance price of $.00009 per share.
Smith Equipment Rental and Services Selects Remote Dynamics, Inc. For Management of Vehicles and Equipment
Monday, 18 May 2009 03:00pm EDT
Remote Dynamics, Inc. announced that Smith Equipment Rental and Services has selected the REDIview fleet management system. REDIview is used by service, construction and equipment rental companies for real-time asset tracking, maintenance management, billing and security monitoring.
Imperial Crane Services Selects Remote Dynamics, Inc. for Fleet Management of Mobile Cranes and Hoists
Monday, 16 Mar 2009 04:20pm EDT
Remote Dynamics, Inc. announced Imperial Crane Services has selected the REDIview fleet management system.
Buckner Companies Selects Remote Dynamics, Inc.'s EDIview To Manage Fleet of Vehicles And Equipment
Thursday, 5 Mar 2009 10:01am EST
Remote Dynamics, Inc. announced that Buckner Companies has selected Remote Dynamics to be its fleet management partner. Buckner Companies will deploy the REDIview system on the assets of Buckner Steel Erection and Buckner HeavyLift Cranes. REDIview is used by hundreds of service, construction and equipment rental companies for real time asset tracking, maintenance management, billing and security monitoring. REDIview operates on a wide variety of vehicles and construction equipment including generators, tower cranes, mobile cranes and construction hoists.
Morrow Equipment Selects Remote Dynamics, Inc. As Partner To Manage Fleet Of Cranes And Hoists
Wednesday, 7 Jan 2009 08:00am EST
Remote Dynamics, Inc. announced that Morrow Equipment has selected Remote Dynamics to be its fleet management partner. REDIview is used by hundreds of service, construction and equipment rental companies for real-time asset tracking, maintenance management, billing and security monitoring. REDIview operates on a wide variety of vehicles and construction equipment including tower cranes, mobile cranes and construction hoists.
Remote Dynamics, Inc. Announces Satellite Service For Construction Equipment Monitoring
Wednesday, 6 Aug 2008 07:03am EDT
Remote Dynamics, Inc. announced REDI Anywhere, a satellite monitoring service using the ORBCOMM data network.
Remote Dynamics, Inc. Partners With Senarc Systems To Provide Solution For The Construction Rental Market
Thursday, 6 Mar 2008 08:45am EST
Remote Dynamics, Inc. and Senarc Systems announced that they have entered into a new partnership covering the United States for the equipment rental businesses. This new partnership will give construction rental companies an end-to-end solution from the reserving and scheduling of assets to the ability to track the asset's usage, to performance measure and location tracking in the field.
Remote Dynamics, Inc. Appoints New Chief Executive Officer
Thursday, 22 Feb 2007 03:50pm EST
Remote Dynamics, Inc. announced the appointment of Gary J. Hallgren to the position of Chief Executive Officer of the Company.
Remote Dynamics, Inc.
200 Chisholm Place
Suite 120
Plano, TX 75075
www.remotedynamics.com
* Phone: (214) 440-5200
* E-mail: contact@remotedynamics.com
*
OTC Market Tier
Pink Sheets Current
*
Primary SIC — Industry Classification
4812 - Radiotelephone Communication
*
State Of Incorporation
DE
*
Jurisdiction Of Incorporation
United States
*
Company Officers
Gary Hallgren, CEO
*
SEC Reporting Status
De-Registered as of Feb 26, 2010
*
CIK
0000944400
*
Fiscal Year End
12/31
Fri, Feb 26, 2010
12:00 PM Remote Dynamics Files Form 15 With Securities and Exchange Commission - US Equity News
11:00 AM Remote Dynamics Files Form 15 With Securities and
Exchange Commission - Marketwire
Wed, Dec 16, 2009
8:00 AM Remote Dynamics Featured in November / December Issue of Grading and Excavation Contractor Magazine - Marketwire
Fri, Nov 13, 2009
1:24 PM Remote Dynamics Reports Q3 2009 Financial Results - Marketwire
Wed, Sep 09, 2009
5:11 PM Series B Note Holder Agrees to Convert Debt to Common Stock - Marketwire
Fri, Aug 14, 2009
1:35 PM Remote Dynamics Reports Q2 2009 Financial Results - Marketwire
Wed, Jul 01, 2009
3:23 PM Remote Dynamics Featured in July Issue of Crane Hot Line Magazine - Marketwire
Mon, May 18, 2009
3:00 PM Smith Equipment Rental and Services Selects Remote Dynamics for Management of Vehicles and Equipment - Marketwire
Fri, May 15, 2009
12:37 PM Remote Dynamics Reports Q1 2009 Financial Results - Marketwire
Wed, Apr 01, 2009
4:24 AM Remote Dynamics Reports 2008 Financial Results - Marketwire
Mon, Mar 16, 2009
4:19 PM Imperial Crane Services Selects Remote Dynamics for Fleet Management of Mobile Cranes and Hoists - Marketwire
Thu, Mar 05, 2009
10:00 AM Remote Dynamics Announces That Buckner Companies Has Selected REDIview(TM) to Manage Fleet of Vehicles and Equipment - Marketwire
Tue, Feb 24, 2009
1:35 PM Overachievers For Under a Penny (IPWG.OB, RMTD.OB) - Baystreet.ca
The consolidated financial statements presented are those of Remote Dynamics, Inc. and its wholly-owned subsidiaries, BounceGPS, Inc. (formerly known as Huron Holdings, Inc.) and HighwayMaster of Canada, LLC.
Remote Dynamics, Inc., a Delaware Corporation, (“Remote Dynamics”, “Company” and/or “We”) was originally incorporated on February 3, 1994. We market, sell and support automatic vehicle location (“AVL”) and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, and unpowered assets such as containers and trailers. Our AVL solutions are designed for diverse industry vertical markets such as construction, field services, distribution, limousine, electrical/plumbing, waste management, and government. Our core technology, telematics, combines wireless communications, GPS location technology, geospatial solutions and vehicle data integration with a web-accessible application that aids in the optimization of remote business solutions. We believe our fleet management solution contributes to increased operator efficiency by improving the productivity of mobile workers through real-time position reports, route-traveled information, and exception based reporting designed to highlight mobile workforce inefficiencies. This in-depth reporting enables our customers to correct those inefficiencies and deliver cost savings to their bottom line.
Our REDIview product line forms the basis of our current business plan. We expect this product line to provide the foundation for a growth in revenues and, if our revenues grow as we anticipate, ultimately profitability. We do not expect to achieve profitability or positive cash flow for 2009. Our plans for 2009 include growing our subscriber base through direct sales to new and existing customers and continuing to control our operating costs. However, there can be no assurance that we will achieve our sales targets for 2009. Failure to do so may have a material adverse effect on our business, financial condition and results of operations. Moreover, despite actions to increase revenue, control operating costs, and to improve profitability and cash flow, our operating losses and net operating cash outflows will continue through 2009.
August 2008 Reverse Stock Split
On August 13, 2008, we amended our Amended and Restated Certificate of Incorporation to (i) effect a one-for-four hundred reverse stock split of our common stock and (ii) authorize (after giving effect to the reverse stock split) 5,000,000,000 authorized shares of our common stock having a par value of $0.0001 per share. All equity transactions have been retroactively restated to reflect these changes.
April 2009 Increase in Authorized Common Stock
On April 17, 2009, we amended our Amended and Restated Certificate of Incorporation to increase our authorized shares of our common stock to 15,000,000,000.
November 2009 Increase in Authorized Common Stock
On November 3, 2009, we amended our Amended and Restated Certificate of Incorporation to increase our authorized shares of our common stock to 100,000,000,000 having a par value of $.00001 per share.
Last Capital Change
shs decreased by 1 for 400 split
Pay Date: Aug 13, 2008
Security Notes
Note=2-10-06 deleted from NASDAQ
Capital Change=shs decreased by 1 for 50 split Pay date=11/20/2007.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6889638
AMMS Stock quote and news - American Media Systems [exposed]
1 post - Last post: May 11, 2009
... 2009 on account of Form 15 Terminated Registration under the 34 Act. The company has been added to NBB. American Media Files Form 15 ...
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Pink Sheets: SWCC Stock quote and news - Southwest Casino [exposed]
The registration of the firm will be terminated under 34 Act. The firm will now be added to NBB. Southwest Casino Corp. Announces Board Changes. 03/31/2009 ...
www.realpennies.com/otc/SWCC
www.otcmarkets.com/pink/quote/quote.jsp?symbol=swcc
20 Mar 2006 ... Inc. Common Stock|03/21/2006|Terminated Registration under the 34 Act; Added to NBB (OBDE) **|||U 03/20/2006 13:32:39|D||RNKEE||Roanoke . ...
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http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=obde
https://charts.edgar-online.com/ext/charts.dll?2-6-11-0-0-512-03NA000000AMMS-&SF:1|5-FL:1=0A246A-HO:SW-BT=11
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