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McCoy Global Inc MCCRF


Primary Symbol: T.MCB

McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. It is focused on well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used primarily during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based, real time, remote data transmission infrastructure supports its ability to integrate, digitize, and automate the historically manual processes of tubular make-up through its SmartTR automated casing running system. Its product suite includes Virtual Thread Rep, SmartCRT, SmartFMS, McCoy’s Smart Tong, and McCoy’s Smart Tailing Stabbing Arm. The Company operates in Canada, the United States, and the United Arab Emirates.


TSX:MCB - Post by User

Comment by Angleson Jun 02, 2021 7:43am
125 Views
Post# 33309305

RE:RE:If you want to know the reasons?

RE:RE:If you want to know the reasons?I am not the only one reporting this. It is in a letter from the CEO as well. Here is a partial insert of that letter;

"2021 will be a pivotal year as several of our new digital products become commercial. Our team is fully committed to growing market adoption and delivering results from these investments. In addition to McCoy OnDemand, we launched our first digital product Virtual Thread Rep, and advanced two products from prototype, with customer service testing expected shortly. McCoy expects to launch its next two Smart Products later this year and we expect to enter into at least two major commercial contracts with leading customers for our Smart technologies in 2021. For more information, please visit us at www.mccoyglobal/news.com"
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