Global Remote Technologies Ltd.
Global Remote Technologies is a company focused on the deployment of emerging technologies for the energy sector. Global Remote Technologies has licensed multiple patent pending tools for the oil and gas industry, which are currently being assembled for release in later 2015. Using its advanced engineering and leadership experience, Global Remote Technologies brings cutting edge processes and technology to the oil patch. Its remote sensor packages transmit telemetry from drilling and production sites in real time to a central server where it is viewed in the cloud. The systems are designed to provide key personnel an early warning system to avoid equipment failures or costly compliance fines. Global Remote Technologies collects and communicates vital information on the status of equipment, tanks, and pipelines for exploration, production, and transmission of oil, gas and water. Global Remote Technologies is headquartered in Vancouver, BC, with offices in Denver, Colorado and Houston, Texas.
Global Remote Technologies Ltd. (RGT)
October 7, 2016
Global Remote Technologies Ltd. is in default of CSE requirements. Effective at market close, Global Remote, currently the subject of a Cease Trade Order, will be suspended pursuant to CSE Policy 3. The suspension is considered a Regulatory Halt as defined in National Instrument 23-101 Trading Rules.
Date: Effective market close, October 7, 2016