GLN-T @$4.40 ENTERS USA SATELLITE MARKETI noticed that stockhouse didn't have their last few releases. I thought I would post them for an idea of where this company is going (the latest release is akready posted earlier:
1.
Glentel installs satellite telecommunications system for Platte U.S. pipeline
TSE Stock Symbol: GLN
BURNABY, BC, Feb. 9 /CNW/ - Glentel is pleased to announce the sale and
successful installation of a VSAT SCADA (Supervisory Control And Data
Acquisition) satellite telecommunications system to Platte Pipeline of
Calgary, Alberta, Canada. The Glentel designed VSAT system allows the remote
control of 20 facilities along Platte's U.S. pipeline from the AEC Pipelines
SCADA control centres in the Edmonton, Alberta area, via an orbiting satellite
link. Running from Casper, Wyoming, to St. Louis, Missouri, the Platte
Pipeline is over 2,900 km long and transports crude oil.
This is the fifth VSAT satellite SCADA system designed, installed and
maintained by Glentel for its North American clients.
Glentel is one of North America's leading business and personal wireless
integrated solution providers. It operates over 240 private radio sites
across Canada, 11 Glentel Wireless Business Centres and 15 WirelessWave retail
stores integrating products and services utilizing:
- Mobile two-way radio
- Data (SCADA and alarm)
- Satellite
- Paging
- Cellular and PCS
Glentel is an authorized dealer for:
- Rogers AT&T
- Fido (Microcell)
- MiKe (Clearnet)
- Clearnet PCS
- Motorola (two-way radio systems)
- MSAT
- Immarsat
- Globalstar
NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY
HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
2.Glentel Inc. announces corporate update
BURNABY, BC, Dec. 30 /CNW/ - Glentel Inc.
TSE Stock Symbol: GLN
Due to recent market activity, Glentel Inc. announced today that there
are no corporate developments to account for the increase in market price of
the Company's stock.
As at September 30, 1999, the Company's book value per share was $3.65
and the Company held marketable and restricted investments having a cost of
$3,987,000. At that time, marketable investments had a cost of $1,771,000 and
a market value of $2,540,000. As at December 30, 1999, the Company held
marketable securities having a cost of $2,694,000 and market value of
$6,480,000 and restricted investments having a cost of $3,467,000 and a market
value of $13,712,000.
As at December 30, 1999, the Company has 7,739,000 outstanding shares.
NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY
HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
3. Financial Statemets
https://www.newswire.ca/releases/November1999/18/c6090.html