Last C$0.15 CAD
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As of 1:37 PM 02/25/15 All times are local (Market data is delayed by at least 15 minutes).

fireswirl technologies inc (FSW) Snapshot

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52 Week High
03/21/14 - C$0.46
52 Week Low
12/10/14 - C$0.08
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Average Volume 10 Days
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fireswirl technologies inc (FSW) Details

Fireswirl Technologies Inc. operates in the branded online store outsourcing market in China and the United States. The company primarily focuses on conducting e-commerce business, including the operation of online stores for international brands in China and reselling of branded products on these online stores, as well as technology development and deployment. It offers e-commerce services related to technology, data infrastructure, store-front management, presale customer service, order processing, inventory control, accounting, VAT invoice control, warehousing, nationwide logistic fulfillment, secure payment solutions, post-sales customer support, customer satisfaction program, and customer behavior analysis. The company also offers e-commerce strategic planning; e-marketing services, including market intelligence and marketing solutions to its partners and clients; and channel management and consumer engagement services. Fireswirl Technologies Inc. was founded in 1999 and is headquartered in Vancouver, Canada.

Founded in 1999

fireswirl technologies inc (FSW) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: C$175.2K
Interim Chief Financial Officer, Corporate Se...
Total Annual Compensation: C$72.0K
Compensation as of Fiscal Year 2013.

fireswirl technologies inc (FSW) Key Developments

Fireswirl Technologies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Fireswirl Technologies Inc. reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company’s total operating revenue increased to CAD 15,736,109 compared to CAD 14,617,639 during the same period in 2013, representing an increase of 7.7%. Net loss on common shares was CAD 238,087 compared to CAD 155,258 for the same period in 2013, representing an increase in loss of 53.4%. Fully diluted loss per share was CAD 0.01 compared to CAD 0.00 for the same periods of 2013. For the nine months, the company’s total operating revenue increased to CAD 38,304,336 compared to CAD 33,761,388 during the same period in 2013, representing an increase 13.5%. Net loss on common shares was CAD 833,059 compared to CAD 453,226 for the same period in 2013, representing an increase in loss of 83.8%. Fully diluted loss per share was CAD 0.02 compared to CAD 0.01 for the same periods of 2013.

Fireswirl Technologies Inc., Annual General Meeting, Dec 22, 2014

Fireswirl Technologies Inc., Annual General Meeting, Dec 22, 2014., at 10:00 Pacific Standard Time. Location: 1000 Cathedral Place. Agenda: To receive the financial statements of the corporation for the financial year ended December 31, 2013, together with the report of the auditors thereon; to re-appoint MNP Meyers Norris Penny LLP as auditors for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors for the ensuing year; to ratify and approve the corporation's stock option plan; to elect directors of the corporation for the ensuing year; and to transact such other business as may properly come before the meeting or any adjournment(s) or postponement(s) thereof.

Fireswirl Technologies Inc. Enters into Loan Agreement; Announces Resignation of Lau as CEO

Fireswirl Technologies Inc. announced that Fung will advance an interest-free loan to Fireswirl in the aggregate principal amount of $400,000, which loan shall be secured against the assets of the target business. The loan will be repayable at closing by way of set-off against the purchase price, provided that if the agreement is terminated, the loan must be repaid within thirty days, after which Fireswirl will pay interest at the rate of 10% per annum. The company announced that Mr. Lau will assist the board in its recruitment process for a new CEO for a period of up to six months post closing, upon expiry of which he will resign from his role as CEO, although he will continue in his role as a director. The total Purchase Price payable is dependent on the satisfaction of certain conditions subsequent, including the resignation of Mr. Tony Lau as Fireswirl's CEO no later than six (6) months from closing, at which time Mr. Lau is expected to join the Purchaser as an employee. Mr. Lau is expected to serve on a consultancy basis to Fung in the interim period, if any, prior to his resignation.


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