RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WT??????"So that's what they used the capital raise back then for - a shiny glass building! Maybe they should move back, seems it's been available since at least 2012 according to streetview. Get it for a steal!"
The move was a little bit in anticipation, but you got the motivation/ timing right. Oh yes, they also had a taxpaper freebie at the same time to add a little gravy to the main course.
International Datacasting Corporation Closes $10 Million Prospectus Offering
Posted on November 22, 2007
Ottawa, 22 November 2007 – International Datacasting Corporation (TSX:IDC) (“IDC” or the “Company”) announced today that it has closed its previously announced short form public offering of 12,500,000 common shares at a price of Cdn. $0.80 per common share for gross proceeds to the Company of Cdn. $10 million (the “Offering”). The Offering was underwritten by a syndicate that was led by Wellington West Capital Markets Inc. and included Canaccord Capital Corporation and MGI Securities Inc. (collectively, the “Underwriters”).
| Recipient Name: |
INTERNATIONAL DATACASTING CORPORATION |
| Date: |
2007-10-31 |
| Value: |
$607,724 |
| Type: |
Government contribution |
| Purpose: |
To support a firm in the Satellite Telecommunications (NAICS: 513340) with a research and development project |
| Comments: |
Award spanning more than one fiscal year. Original reporting period: 2007-2008 - 3rd quarter |
| Location: |
KANATA, ON, CA |
|
August 15, 2007 16:55 ET
International Datacasting Corporation Changing Web Site and Moving Headquarters to New Facilities
Attn: Business/High-Tech Editors
OTTAWA, ONTARIO--(Marketwire - Aug. 15, 2007) - International Datacasting Corporation, (TSX:IDC) announced today that it is moving from its long-time head office location in west central Ottawa to a new facility in Kanata, Ontario. At the same time, IDC will be unveiling its new website and new home on the Internet: www.datacast.com .
The move will provide the company with upgraded and state of the art research and development, manufacturing and systems integration facilities. The new location is situated in the west end of Ottawa which is recognized as the centre of Canada's high-tech community and known for being the home of the Ottawa Senators NHL hockey team.
"This is an exciting time for all of us at IDC," said Ron Clifton, CEO and President. "The structure of the company is changing as we move forward with new products and applications, we have outgrown our old facilities and it is time for a move.
Chris Reinkeluers, VP of Operations for IDC added, "We have planned this move carefully so as to maintain our commitment to customer service and not disrupt operations. The IDC team is looking forward to our new home".
The move is scheduled to take place during the week of August 22nd. International Datacasting Corporation will be open for regular business at the new facilities on Monday August 27th. The website will change at the same time. Email addresses will remain the same except intldata.ca will be replaced with datacast.com.
Telephone numbers for the company will not change. The new address will be:
International Datacasting Corporation 50 Frank Nighbor Place Kanata, Ontario Canada K2V 1B9