WPCS Announces Adjournment of Special Meeting and Rescheduling of Special Meeting to July 1, 2014
June 25 2014 - 4:01PM
Marketwired
WPCS Announces Adjournment of Special Meeting and Rescheduling of
Special Meeting to July 1, 2014
EXTON, PA--(Marketwired - Jun 25, 2014) - WPCS International
Incorporated (NASDAQ: WPCS), which specializes in contracting
services for communications infrastructure and the development of a
Bitcoin trading platform, today announced that its special meeting
of stockholders scheduled for, and convened on June 24,2014, was
adjourned due to the lack of a requisite quorum. Only stockholders
of record on the record date of April 25, 2014 are entitled to, and
are being requested to, vote. The date of the special meeting has
been rescheduled for July 1, 2014.
Sebastian Giordano, Interim Chief Executive Officer, commented,
"The Company is very close to gaining a quorum so every vote is
important. As we have reiterated before, we are asking and strongly
suggest shareholders to support our initiatives and vote 'FOR' all
the proposals. Doing so will allow us to enact our strategic
initiatives which are in the best interest of the Company's
future."
The special meeting will take place on July 1, 2014 at 10:00
a.m. (Eastern Daylight Time) at the offices of Sichenzia Ross
Friedman Ference LLP at 61 Broadway, 32nd Floor, New York, NY 10006
to allow additional time for the stockholders to vote on the
proposals set forth in the Company's proxy statement filed with the
SEC, which is available at
http://www.sec.gov/Archives/edgar/data/1086745/000114420414025401/v376074_def14a.htm.
The Company encourages all stockholders who have not yet voted
to do so before June 30, 2014 at 11:59 p.m. (Eastern Daylight
Time). The stockholders may vote by internet at
http://www.cesvote.com, or by telephone at (888) 693-8683, or by
returning your proxy card to Alliance Advisors LLC, PO Box 2400,
Pittsburgh, PA 15230-9762.
No changes have been made in the proposals to be voted on by
stockholders at the special meeting. The Company's proxy statement
and any other materials filed by the Company with the SEC remain
unchanged and can be obtained free of charge at the SEC's website
at www.sec.gov.
About WPCS International Incorporated WPCS operates in two
business segments including: (1) providing communications
infrastructure contracting services to the public services,
healthcare, energy and corporate enterprise markets worldwide; and
(2) developing a Bitcoin trading platform. For more information,
please visit www.wpcs.com and www.btxtrader.com.
Statements about the company's future expectations,
including future revenue and earnings and all other statements in
this press release, other than historical facts, are
"forward-looking" statements and are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements
involve risks and uncertainties and are subject to change at any
time. The company's actual results could differ materially from
expected results. In reflecting subsequent events or circumstances,
the company undertakes no obligation to update forward-looking
statements.
CONTACT: Capital Markets Group, LLC Valter Pinto PH:
(914) 669-0222 or (212) 398-3486 Email Contact
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