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Last C$0.06 CAD
Change Today 0.00 / 0.00%
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COO On Other Exchanges
As of 9:30 AM 04/29/15 All times are local (Market data is delayed by at least 15 minutes).

offsetters climate solutions (COO) Snapshot

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08/21/14 - C$0.12
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03/24/15 - C$0.02
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offsetters climate solutions (COO) Details

Offsetters Climate Solutions Inc., through its subsidiaries, operates as a full service carbon management services and carbon project development company in the voluntary carbon offset and compliance offset markets in California. It develops, supplies, and sells forestry and clean tech based carbon offsets for commercial purposes. The company also provides advisory services for measuring carbon and water footprints, carbon reduction, compliance and pre-compliance reporting, and achieving carbon neutral; and project development services, such as assessment, project/program design, design validation, data monitoring and management, and verification and credit registration. In addition, it finances various carbon credit generating projects. Offsetters Climate Solutions Inc. sells its offsets directly to customers, or through brokers and re-sellers. The company was formerly known as ERA Carbon Offsets Ltd. and changed its name to Offsetters Climate Solutions Inc. in March 2013. Offsetters Climate Solutions Inc. was founded in 2004 and is headquartered in Vancouver, Canada.

Founded in 2004

offsetters climate solutions (COO) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$240.0K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$151.3K
Compensation as of Fiscal Year 2013.

offsetters climate solutions (COO) Key Developments

Offsetters Climate Solutions Inc. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Offsetters Climate Solutions Inc. reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported sales revenue of $5,266,597 compared to $7,095,306 for the same period in 2013. Operating loss before finance and other items was $95,482 versus 2013 operating profit of $177,982. Net comprehensive loss for the company was $1,914,629 in 2014 versus $3,296,606 in 2013, driven primarily by non-cash items including final goodwill impairment of $2,371,881 bringing the carrying value to nil, and accretion expense related to the net present value estimate of future cash flows of $299,082.

Offsetters Climate Solutions Inc. Announces Board Appointments

Offsetters Climate Solutions Inc. announced that shareholders at the annual general meeting held on March 25, 2015, have appointed Harry Assenmacher, founder and CEO of Forest Finance GmbH and Dirk Walterspacher, CEO of Forest Finest and the CO2OL carbon business, as Directors, in anticipation of the closing of the acquisition of assets of Forest Finance GmbH. Should the intended acquisition not be completed as anticipated, both Mr. Assenmacher and Mr. Walterspacher have agreed to resign their Board seats upon termination of the acquisition.

Sustainable Brands Chooses Offsetters Climate Solutions as Official Carbon Offset Supplier and Partner

Offsetters Climate Solutions has signed a three-year agreement with Sustainable Brands(R), after being chosen as the Official Carbon Offset Provider and helping to deliver carbon-neutral conferences for the more than 2,000 combined delegates attending events in San Diego, Boston, and London this year alone. Offsetters will offset the conferences through a portfolio of third party verified projects. This portfolio includes the Great Bear Forest Carbon Project on the West Coast of British Columbia, Mai Ndombe Redd+ Project in Democratic Republic of the Congo, Efficient Wood Cook Stoves in Uganda and the Waste to Energy Facility in Lee County.


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