Share Name | Share Symbol | Market | Type |
---|---|---|---|
Remote Dynamics Inc (CE) | USOTC:RMTD | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
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.
Contact: Gary Hallgren Chief Executive Officer 214-440-5202 Email Contact www.remotedynamics.com
1 Year Remote Dynamics (CE) Chart |
1 Month Remote Dynamics (CE) Chart |
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