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crs electronics inc (LED) Snapshot

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crs electronics inc (LED) Details

CRS Electronics Inc. develops, manufactures, and sells light emitting diode (LED) lighting products primarily in North America. It offers child safety systems for school buses; exterior lighting on school buses based on incandescent and LED technology; and LED based space lighting products. The company also offers commercial LED lamps under the Lumenova brand name; and LED light fixtures under the KVIC Lighting brand name. In addition, it provides contract manufacturing services for LED light boards; and tape lighting, including indoor and outdoor submersible products. The company was incorporated in 1998 and is headquartered in Richmond Hill, Canada.

Founded in 1998

crs electronics inc (LED) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$263.6K
Executive Chairman, Chief Administrative Offi...
Total Annual Compensation: C$209.5K
Founder and Chief Technology Officer
Total Annual Compensation: C$170.0K
Compensation as of Fiscal Year 2014.

crs electronics inc (LED) Key Developments

CRS Electronics Inc. expected to report Q3 2015 results on November 27, 2015. This event was calculated by Capital IQ (Created on November 16, 2015).

CRS Electronics Inc. expected to report Q3 2015 results on November 27, 2015. This event was calculated by Capital IQ (Created on November 16, 2015).

CRS Electronics Inc. To Be Transferred To NEX From TSX Venture Exchange Tier 2

Further to TSX Venture Exchange (TSXV) Bulletin dated October 19, 2015, effective at the opening on October 22, 2015, trading in the shares of CRS Electronics Inc. will be suspended for failure to maintain Exchange requirements. In accordance with TSX Venture Policy 2.5, the company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective October 22, 2015, the company's listing will transfer to NEX, the company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Toronto to NEX. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.

CRS Electronics Inc. Defaults Loan Agreement with Divinci Private Debt Fund; Lays Off All Workers; Announces Resignation of Scott Riesebosch as Chief Technology Officer

CRS Electronics Inc. announced that it is in default of its loan agreement with Divinci Private Debt Fund. The loan amount is $1,000,000 at 18% for a total of $1,014,559.08. While coordinating next steps with Divinci Private Debt, CRS Electronics has laid off all workers. Scott Riesebosch resigned from the Board of Directors but remains as the company’s Chief Technology Officer.


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