• Most Popular
  • Most Shared

Guest-Tek Announces Revocation of Cease Trade Orders

Tue Dec 18, 2007 9:03pm EST
CALGARY, Dec. 18 /PRNewswire-FirstCall/ - Guest-Tek Interactive
Entertainment Ltd. (the "Corporation" or "Guest-Tek") (TSX: GTK) today
announced that the cease trade orders that were issued by the Alberta
Securities Commission, the British Columbia Securities Commission, the
Autorite Des Marches Financiers and the Ontario Securities Commission (the
"CTOs") against the Corporation's common shares have been revoked. The CTOs
were issued due to the fact that the interim unaudited financial statements
for the period ending December 31, 2006 (the "Interim Financials") were not
filed by April 14th, 2007. The Corporation filed the Interim Financials on May
30, 2007 and has filed all subsequent financial statements required under its
continuous disclosure obligations.
    About Guest-Tek
    Guest-Tek is the world's largest provider of IP based technology solutions
for the hospitality industry. Guest-Tek's OneView platform provides hotels
with converged data, video and telephony services. Guest-Tek is a preferred
vendor to major hotel brands, providing services including network design,
procurement, implementation, and post sales customer support to 3,066
properties and over 507,000 rooms. Guest-Tek's common shares trade on The
Toronto Stock Exchange under the trading symbol "GTK". The company's head
offices are in Calgary, Alberta, and it has major support facilities in
Irvine, California, and Warsaw, Poland as well as Sales offices located
throughout North America and Europe. For more information about Guest-Tek, go
to www.guest-tek.com.
    NEITHER THE TORONTO STOCK EXCHANGE, NOR ANY OTHER REGULATORY BODY HAVE
    REVIEWED THIS NEWS RELEASE AND THEY NEITHER APPROVE NOR DISAPPROVE OF THE
    CONTENTS OF THIS NEWS RELEASE.


SOURCE  Guest-Tek Interactive Entertainment Ltd.

Arnon Levy, President & CEO of Guest-Tek at (403) 444-8488 or email at
arnon.levy@guest-tek.com; or Geoff Clark, CFO of Guest-Tek at (403) 444-8427
or email at geoff.clark@guest-tek.com



More from Reuters

Photo

Dubai World says to work with creditors in orderly way

DUBAI (Reuters) - Dubai World, which met its creditors on Monday, said it would work with lenders to seek a debt standstill in "an orderly way" and will get government financial support if an agreement is reached.

A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

Two men shake hands in a file photo.    REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article