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Last $0.08 USD
Change Today 0.00 / 0.00%
Volume 0.0
FBOP On Other Exchanges
Symbol
Exchange
Venture
As of 4:30 PM 01/7/15 All times are local (Market data is delayed by at least 15 minutes).

augusta industries inc (FBOP) Snapshot

Open
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Previous Close
$0.08
Day High
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Day Low
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52 Week High
11/12/14 - $0.15
52 Week Low
01/7/15 - $0.08
Market Cap
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Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
210.1M
EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for AUGUSTA INDUSTRIES INC (FBOP)

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augusta industries inc (FBOP) Details

Augusta Industries Inc., through its subsidiaries, engages in the design, development, manufacture, and supply of systems using fiber optic sensors, related monitoring instruments, and software in the United States, Canada, the Middle East, and internationally. It also provides support engineering services related to planning, training, onsite installation, and data interpretation and reporting for the oil and gas, power generation, chemical, mining, and civil structure market sectors. In addition, the company develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion and erosion, strain due to bending or buckling, and process pressure and temperature; and FT fiber optic sensor and electric field mapping monitoring systems that allow remote monitoring capabilities to enhance scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks. Further, it is involved in the sale and distribution of industrial machinery and equipment, such as cranes, derricks, diesel engines, conveyor systems, oil refining machines, packing machinery, industrial pumps, and welding machinery for energy sector and various United States Government entities. The company is headquartered in Oakville, Canada. Augusta Industries Inc. is a subsidiary of Knoxbridge Corp.

augusta industries inc (FBOP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$165.0K
Chief Financial Officer
Total Annual Compensation: C$70.0K
Compensation as of Fiscal Year 2013.

augusta industries inc (FBOP) Key Developments

Augusta Industries Inc. Announces Board Changes

Augusta Industries Inc. announced that Mr. Warren Goldberg, CPA, CA has been appointed to the corporation's board of directors and has also been appointed the chair of the audit committee. Mr. Goldberg is a chartered professional accountant and is a partner at Schwartz Levitsky Feldman LLP, Chartered Accountants in Toronto, Ontario, specializing in audit of public companies. The corporation also announced that Mr. Gerry Feldman has resigned as a director of the corporation. Mr. Feldman resigned in order to focus his attention on his other ventures and business interests.

Augusta Industries Inc., Annual General Meeting, Sep 26, 2014

Augusta Industries Inc., Annual General Meeting, Sep 26, 2014., at 10:00 Eastern Daylight. Location: Fogler, Rubinoff LLP. Agenda: To receive the audited financial statements for the fiscal year ended December 31, 2012 and 2013; to elect each individual director who will comprise the board of directors for the upcoming year; to re-appoint the auditor; to consider and, if thought fit, to ratify the rolling 10% rolling stock option plan of the corporation; to consider, and if deemed advisable, to approve a special resolution to approve a ten for one consolidation of the corporation's common shares, as more particularly described in the accompanying information circular; and to transact any such other business as may be brought before the meeting or any adjournment thereof by or at the direction of the board of directors (or otherwise properly brought before the meeting in accordance with applicable law).

Augusta Industries Inc. Announces Development of Micro EFM System

Augusta Industries Inc. announced the development of a new system based on its electric field mapping technology. The new Micro EFM system is a small, high resolution electric field mapping tool used to validate corrosion mitigation programs and/or measure the change in wall thickness due to corrosion and/or erosion. This new Micro EFM system was specifically design for price conscious clients that might have not considered the corporation's larger and more expensive systems. The new equipment is based on the Corporation's in-house designed cutting-edge acquisition hardware. The new Micro EFM systems produced will initially be made for applications that require sensor arrays of a few pins up to a maximum of 64 pins. Specific applications include, but are not limited to, measuring the change of a few pits. In house testing has shown an improvement in baseline accuracy, under optimum conditions, that is approximately 6 to 10 times better than the older electric field mapping generation. This improvement in accuracy means that the new Micro EFM system will be able to react to much smaller changes in wall loss and to be able to monitor smaller pits. Another innovation is that the new Micro EFM systems will be of a modular design. By the use of these modules, the corporation will be able to custom tailor systems that will fit the most demanding expectations of its clients. This technology will be made available to clients that require larger sensor arrays. With the new Micro EFM systems having a much smaller footprint and lower power requirements, the corporation anticipates the development of a portable version of the Micro EFM system by the end of 2014. The new portable system will be targeted to clients that do not require continuous monitoring capabilities. More specifically, the new portable EFM system will be primarily designed for less critical applications like the monitoring of a dead leg segment. For data analysis and presentation, the new Micro EFM systems will have a direct connection, using a wireless modem, to the Corporation's server banks where the data will be safely stored and analyzed which will then be made available to its clients by way of secure web portals.

 

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TEV/Sales 0.7x
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