Embattled Ottawa cleantech firm said it intends to make a proposal to its creditors under the federal Bankruptcy and Insolvency Act after racking up an accumulated deficit of more than $90 million.
Energy industry veteran Jonathan Lundy has taken over for founder Rod Bryden, who stepped away from Ottawa cleantech venture's day-to-day operations earlier this month.
Beleaguered cleantech enterprise formerly known as Plasco is hoping deal with California-based green-energy foundation will help accelerate its path to market.
Founder says the company now known as Omni Conversion Technologies has spent several years refining its system that is supposed to burn garbage and convert it into electricity.
After a dozen years leading the board of Clearford Water Systems, Rod Bryden is leav
A Chinese clean-tech company is setting up an branch plant in Ottawa and has its eyes on Plasco’s displaced talent.
A whirlwind weekend of activity saw Plasco Energy Group change hands twice, ultimately ending up where it began – under the control of Rod Bryden.