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Redline Communications Group Inc RDLCF

Redline Communications designs and manufactures powerful wide-area wireless networks for mission-critical applications in challenging locations. Redline networks are used by Oil & Gas companies onshore and offshore, Mining companies on surface and underground operations, by municipalities to remotely monitor infrastructure, and by specialized telecom service providers to deliver premium services. Hundreds of businesses worldwide rely on Redline to engineer, plan and deliver ruggedized, secure and reliable networks for their IoT, voice, data, and video communications needs.


OTCPK:RDLCF - Post by User

Comment by Possibleidiot01on Apr 18, 2022 5:27pm
137 Views
Post# 34611450

RE:RE:A Steal!

RE:RE:A Steal!Maybe what they were thinking is it was $6.45 , March 4, 2013 and the stock just slid and slid ( at some point in that slide I sold, at a higher price than today). Good niche technology but I could never figure out if it's superior to standard cellular networks. I do know revenues changed very little in the years I owned.
Offer is being  sold to investors as "that the Transaction is fair to Redline’s shareholders from a financial point of view offering an opportunity to monetize their investment and is in the best interests of Redline and its employees.”

or in other words if you want
some of your money back , this is the best we could do.
D. Neil McDonnell......
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