November 28, 2014 3:59 PM ET


Company Overview of RS Technologies Inc.

Company Overview

RS Technologies Inc. designs, engineers, manufactures, and sells composite utility poles in Canada and internationally. Its poles are used in transmission, distribution, and communication applications in utility and communication infrastructure markets. The company was formerly known as Resin Systems Inc. and changed its name to RS Technologies Inc. in June 2010. RS Technologies Inc. is headquartered in Calgary, Canada.

233 Mayland Place N.E

Calgary, AB T2E 7Z8






Key Executives for RS Technologies Inc.

Chief Executive Officer and President
Chief Financial Officer
Vice President of Operations and Director of Research & Development
Age: 52
Head of Investor Relations & Communications
Compensation as of Fiscal Year 2014.

RS Technologies Inc. Key Developments

RS Technologies Inc. Provides Updates on Alberta Court of Queen's Bench Proceedings

RS Technologies Inc. announced that it has taken several important steps under its Companies' Creditors Arrangement Act (Canada) proceedings that were commenced on March 14, 2013. RS has obtained an order from the Alberta Court of Queen's Bench extending the stay of proceedings contained in the initial order until September 13, 2013. In conjunction with the Stay Extension Order obtained by RS, the Monitor has obtained an order from the Court, in accordance with the sale and investor solicitation procedure approved by order of the Court on April 11, 2013, providing various relief including, amongst others, authorizing the Monitor to file a plan of compromise or arrangement with the Court, convene a meeting of Affected Creditors, and take steps incidental to the foregoing.

RS Technologies Inc. Auditor Raises 'Going Concern' Doubt

RS Technologies Inc. filed its Annual on Apr 24, 2013 for the period ending Dec 31, 2012. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

RS Technologies Inc. Announces Resignation of Directors

RS Technologies Inc. announced that, effective March 13, 2013, each of Messrs. Brian Felesky, Jim Gray and Paul Giannelia have resigned from the boards of directors of RS and its affiliates.

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