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Resin Systems Inc. is a Canadian company that develops, manufactures, and sells composite products for infrastructure markets. Its products include utility poles and composite roller tubes, which are used in roller assemblies for industrial bulk material handling equipment. The company was founded in 1995. It was formerly known as Recycled Solutions for Industry, Inc. and changed its name to Resin Systems, Inc. in 2000. The company is headquartered in Calgary, Canada. ==History== RS Technologies Inc. headquartered in Calgary, Canada. In October 2011 Paul Giannelia, whose background is in construction, was removed and replaced by COO Howard Elliott. At the same time Wilmot Matthews (Chair), Dwayne Hunka, and David Williams stepped down Board of Directors and were replaced by three members from Werkland Capital. James Gray and Brian Felesky, both close personal friends of Paul Giannelia, remained on the board as did Gianellia. Over Gianenilla's term the company lost over $100MM in investors capital, failed to turn a profit and made a number of nearly fatal business decisions. The company's latest financials for the first quarter of 2009 reveal that revenue was $1 million (Cad); cost of sales was $1.9 million (Cad) and the loss was $6.3 million (Cad). The company's 2008 financials show revenue of $4 million (Cad), cost of sales was $5.5 million (Cad) and the loss for the year was $38.8 million (Cad). A huge increase in losses over 2007, which had revenue of $.9 million (Cad), cost of sales of $1 million (Cad) and a loss of only $24 million (Cad). The latest financial reports disclose the following: ..."To date, the Company's main source of cash flow has been through the issuance of debt and equity securities. This dependence on the public market to fund its cash flow needs has resulted in management including a "Future Operations" note in the financial statements. "...There can be no assurance that management’s plans will be successful as such plans may be contingent upon new equity and debt funds from investors, as well as market acceptance of RS’s products..." 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「RS Technologies」の詳細全文を読む スポンサード リンク
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