Veritec, Inc. - Hot, or Not? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Veritec, Inc. - Hot, or Not?

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: Peter V who wrote ()	8/5/1998 1:35:00 PM
From: Peter V	Read Replies (2) of 9

Some News: biz.yahoo.com Tuesday August 4, 3:30 pm Eastern Time Company Press Release SOURCE: Veritec Inc. Veritec Receives $2 Million Asset Infusion; Extends Date of 'A' Warrants to May 5, 1999 VAN NUYS, Calif., Aug. 4 /PRNewswire/ -- Veritec Inc. (OTC Bulletin Board: VRTC - news) announced today that it has received the $2 million in assets per Confirmed Plan of Reorganization. This completed the investment requirements of the Plan. Howard Behling, President and Chairman, also stated that ''due to the delay in effecting the Plan, the Board of Directors have extended the expiration date of the 'A' Warrants from August 5, 1998 to May 5, 1999. This extension allows shareholders of the Company extra time to share in our potential upswing. With assets now in place, Veritec can concentrate on our core business of 2-dimensional technology. With our new systems and hardware, the future looks bright.'' Veritec Inc. owns the Vericode(R) Symbol and created software to integrate automatic identification systems. Veritec is the leader in innovation within the automatic identification industry. SOURCE: Veritec Inc.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext