RICHARDSON, TX / ACCESSWIRE / January 22, 2021 / Vertical Computer Units, Inc. (“Vertical” or the “Company”) is delighted to announce the formation of a shareholder advisory board. The shareholder advisory board will be led by Jon Snyder, a very long-standing and respected shareholder of Vertical who has agreed to assist.
Immediately after consulting with several shareholders, the Board of Directors (the “Board”) made a decision that forming a shareholder advisory board would make improvements to interaction and transparency among the company and its shareholders. Since a massive selection of shareholders know and have been in make contact with with Jon Snyder, the Board believes he is the most effective suit to lead this advisory board.
“Jon (Snyder) has been an invaluable bridge between a important amount of shareholders and Vertical’s Board of Administrators,” said Len Chermack, CEO of Vertical. “We are extremely grateful for his attempts and glimpse ahead to him heading up Vertical’s shareholder advisory board.”
“As we continue to settle in and get a further comprehending of functions and technologies of Vertical and its subsidiaries, Jon has been and will be a trustworthy resource for Vertical’s shareholders and administration,” mentioned Mike Small, the Chairman of the Board of Vertical and a Director of Now Options and Ploinks, Inc.
“As we start to satisfy the numerous problems to stabilize Vertical and Now Solutions, immediate factors of make contact with involving us and the shareholder advisory board will assist us handle matters crucial to our shareholders in a far more timely way,” famous John Adler, a Director of Vertical and the Chairman and a Director of Now Alternatives, Inc. a subsidiary of Vertical,
“It’s an honor to think a management position,” additional Jon Snyder, the chair of Vertical’s shareholder advisory board. “I’m psyched to be continuing to operate with Vertical’s Board in get to facilitate a effective dialog amongst Vertical’s shareholders and management.”
In addition, the SEC recognized Vertical’s Supply of Settlement on January 6, 2021, less than which Vertical consented to the entry of the SEC’s Buy Earning Findings and Revoking Registration of Securities Pursuant to Segment 12(j) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), regarding Vertical (the “Order”). Pursuant to the Buy, Vertical popular shares are no for a longer period registered less than the Trade Act. Vertical is now in the course of action of searching for interim financing in order to satisfy its operational desires, as properly as to pay lawful charges for ongoing litigation and regulatory actions, and fund an audit of the last two fiscal decades (2019-2020) soon after which the enterprise can start the software system so that its popular shares may well be quoted on the OTC-Website link. Though management intends to progress as immediately as feasible, Vertical are not able to present an estimate or timeline to accomplish these objectives nor can it offer any assurance that Vertical will be successful in achieving these goals.
For extra info on the SEC issue and the approach for Vertical to have its shares quoted on the SEC, make sure you see Vertical’s announcement at: http://vcsy.com/bulletins/SECandOTCNews.html.
Ahead-Hunting Statements Disclosure: This release includes forward-on the lookout statements inside the this means of Portion 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended, which symbolize the Company’s latest estimates, expectations, projections or beliefs relating to long term effects, performance, prospective customers, options and occasions. When used in this launch, the text “expects,” “plans,” “anticipates,” “predicts,” “intends,” “potential,” “continues,” “indicates,” “believes,” “forecast,” “guidance,” “outlook,” “projects, “estimates,” “may,” “will,” “should,” “could,” “designed,” “seeks,” “targets” and related expressions that denote anticipations of long run or conditional functions instead than statements of fact are intended to recognize forward-hunting statements. Likewise, statements that explain the Company’s methods, targets, plans or goals for, and opportunity final results of, long term operations, financial success, financial ailment, business prospective buyers, progress system and liquidity might also be ahead-hunting statements. All forward-wanting statements in this launch are dependent on monetary knowledge, current market assumptions, management’s latest enterprise options and beliefs or latest estimates of potential developments and other details out there to the Enterprise only as of the time the statements are made, which could come to be out of day or incomplete. With the exception of historical info contained herein, the matters talked about in this press release contain hazard and uncertainties. Precise final results could differ materially from these expressed in any forward-hunting assertion. Ahead-hunting statements in this push release contain, but could not be minimal to, statements about (i) SEC reporting needs, (ii) financing (iii) Vertical trying to get for its popular shares to be quoted on the OTC Marketplaces, (iv) engagement of unbiased auditors, (v) filing of audited economical statements and notes with and submitting and completing an application with the OTC Marketplaces, and (vi) management’s estimate or timeline to get hold of funding and to achieve finding its frequent inventory quoted on the OTC Sector. Apart from as needed by applicable law, the Business does not intend and undertakes no obligation to publicly update or revise any forward-on the lookout statement, no matter whether as a result of new information and facts, long term gatherings, or otherwise.
ABOUT VERTICAL Computer system Programs, INC.
Vertical Laptop or computer Devices, Inc. is a service provider of company software program, Net main systems and spinoff application application products and solutions. One particular of Vertical’s subsidiaries, Now Answers, Inc., distributes emPath™, a payroll and human resources software package alternative. A different subsidiary of Vertical, Ploinks, Inc., has developed Ploinks®, a private communications channel and the Puddle™, a backup answer for Ploinks®. Vertical’s major World wide web main systems incorporate the Vertical Non-public Communications Platform, SiteFlash™ and the Emily™ XML Scripting Language, which can be applied to make website solutions.
Vertical Laptop Techniques, Inc.
Shareholders Advisory Board
Resource: Vertical Computer Programs, Inc.
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