July 23, 2014 9:39 AM ET

Technology Hardware, Storage and Peripherals

Company Overview of Gandalf Technologies, Inc

Company Overview

In July 1997, Gandalf Technologies, Inc. and its subsidiary were granted an order pursuant to the Companies' Creditors Arrangement Act. The company sold the assets of its technology businesses, in particular the remote access business to Mitel Corporation. Previously, Gandalf Technologies, Inc. provided remote access, LAN connectivity, wide area networking, and network services.

130 Colonnade Road South

Nepean, ON K2E 7M4

Canada

615 Employees

Phone:

613-274-6563

Fax:

613-274-6505

Key Executives for Gandalf Technologies, Inc

Gandalf Technologies, Inc does not have any Key Executives recorded.

Gandalf Technologies, Inc Key Developments

SEC Revokes Registration Of Registered Securities Of Gandalf Technologies

The registrations of the registered securities of Gandalf Technologies, Inc, have been revoked. The company had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission (SEC, or the commission). Thus, the company violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocations were ordered in an administrative proceeding before an administrative law judge.

SEC Orders Hearing On Registration Suspension Or Revocation Against Gandalf Technologies

On August 2, 2012, the Securities and Exchange Commission (SEC) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registrations of each class of the securities of Gandalf Technologies, Inc for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company is delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the Administrative Law Judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The Administrative Law Judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

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