Alle Storys
Keine Story von RCT Global Networks Inc. mehr verpassen.

RCT Global Networks Inc.

RCT Global Networks Inc. - First Toronto IPO of Q4, 2008 launches on Frankfurt Stock Exchange today

TORONTO, Oct. 21 /CNW/ - (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
shares/stock market/telecommunication/Initial Public Offering
RCT Global Networks Inc
(3R-C) launched its first public share offering on Germany's 
Frankfurt Over the Counter Market ("FSE OTC") on Tuesday, October 21,
2008. Trading opened at (euro)1.200 (One Euro, Twenty Cents) per 
share under the symbol 3R-C. The listing broker is 886AG, Frankfurt, 
Germany.      In a storm of global economic turbulence, there is an 
island of comparative serenity in Toronto. "We have the most 
recession resistant business in Canada - installing phone, cable, 
Internet and security solutions in the country's biggest market. Then
we have the cream of the builders like Tridel and all three major 
telecoms - Bell, Telus and Rogers as customers. Finally Canada is the
No. 1 economy of the G8 countries, no shaky bankers, no sub-prime 
mortgages - and a solid government. What's not to like?" says Global 
Networks Chairman and CEO Robert C. Tummonds.      It's ironic that 
the GTA's leading telecom supplier has to go offshore to find 
funding," says Global Networks President Vic Griffin. "Canadian banks
are not lending and the TSX has listing criteria the needs Blue Chip 
status. Canadian investors can buy through their existing brokers and
follow our progress on our website - Right
now we have nine new large buildings and are adding at the rate of 
about one per week."      "I'm the major shareholder and all my 
employees are shareholders as well. I would expect our first stock 
buyers to be people who see our trucks on the road every day hooking 
up buildings they know. There are hundreds of builders in the GTA and
the Golden Horseshoe and we are proud that our clients are the cream 
of the crop. We're not the low cost supplier but our people don't 
leave until all our customers' customers are happy. That buys them 
peace of mind - and that's priceless, as they say," says Tummonds.
The Frankfurt Stock Exchange is the largest of the eight German stock
exchanges. It ranks third in the world behind NYSE and NASDAQ. It 
offers its clients not only floor trading through brokers but also 
fully-electronic trading facilities, whereby orders from any point in
the globe are automatically inputted into the order book on a central
computer. For more information, visit the Frankfurt Stock Exchange at
This press release contains forward-looking statements that involve 
risks and uncertainties. These forward-looking statements relate to, 
among other things, plans and timing for the introduction or 
enhancement of our products, statements about future market 
conditions, supply and demand conditions, and other expectations, 
intentions and plans contained in this press release that are not 
historical fact. Our expectations regarding the prospect for future 
success depend upon our ability to develop and installation of our 
cabling and security products, which cannot be sold without further 
investment and development. When used in this press release, the 
words "goal," "intend," "believes" and "potential" and similar 
expressions, generally identify forward-looking statements. These 
statements reflect our current expectations. They are subject to a 
number of risks and uncertainties.
end of announcement                               euro adhoc

Further inquiry note:

Investor Inquiries: Paul Murdoch, Investor Relations, RCT Global Networks Inc.,
Phone: (416) 688-6314, Email:; Please visit:

Branche: Technology
ISIN: CA7493821077
Börsen: Börse Frankfurt / free trade