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docsetc, I think there will more undoing than doing…
docsetc, I don’t see how the new entity will have any value greater than that of ENZC prior to the SAGA deal if the new entity is listed on the OTC rather than NASDAQ.
docserc. Which ever happened, yes or no, with Sagaliam, I expected ENZC to end up in the trips. The question now is will the ENZC shareholders participate in whatever entity the assets held in the two subsidiaries have been sold/transferred to… ???
docsetc, All thanks to you for making that effort of visiting A&M… greatly appreciate the information. Much respect for you being generous enough to share it on this board. You are a great asset to this message board. Thanks, again.
jngreene33, Yep, no telling how many shares that MM is hiding…
Somebody likes 5’s… eom
“Powered by Snow Commerce”… https://www.snowcommerce.com/#home
MMTLPtrch, On ignore… eom
BIO-key International, Inc. Receives Notice of Non-Compliance from Nasdaq
HOLMDEL, N.J., April 22, 2024 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions featuring Identity-Bound Biometrics (IBB), announced today that on April 17, 2024, it received a letter (the “Notification Letter”) from The Nasdaq Stock Market, LLC (“Nasdaq”) informing the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (“SEC”). The Notification letter is due to the Company’s failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Form 10-K”). The Notification Letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.
The Company filed a Notification of Late Filing on Form 12b-25 on April 2, 2024, indicating that the filing of the Form 10-K would be delayed because the compilation, presentation and review of certain financial and other disclosures required to be included in the Form 10-K could not be completed within the prescribed time period without unreasonable effort and expense to the Company.
The Notification Letter stated that, under Nasdaq rules, the Company has 60 calendar days to submit a plan to regain compliance with Nasdaq’s continued listing requirements. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the filing’s due date, or until October 14, 2024, to regain compliance. The Company intends to file the Form 10-K with the SEC as soon as practicable and regain compliance with Nasdaq’s continued listing requirements.
About BIO-key International, Inc. (www.BIO-key.com)
BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital; our ability to continue as a going concern; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to convert sales opportunities to customer contracts; our ability to expand into Asia, Africa and other foreign markets; our ability to integrate the operations and personnel of Swivel Secure into our business; fluctuations in foreign currency exchange rates; the duration and extent of continued hostilities in Ukraine and its impact on our European customers; delays in the development of products and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022 and other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise.
Engage with BIO-key:
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Investor Contacts:
William Jones, David Collins
Catalyst IR
BKYI@catalyst-ir.com
212-924-9800
🚨 Rather than support our common sense efforts to promote transparency and compliance, Citadel Securities bizarrely targeted our CEO with an unhinged attack. Here’s our (Truth Social) response:
"Citadel Securities, a corporate behemoth that has been fined and censured for an incredibly wide range of offenses including issues related to naked short selling, and is world famous for screwing over everyday retail investors at the behest of other corporations, is the last company on earth that should lecture anyone on 'integrity.'"
The stuff is hitting the fan, now… Kenny is about to receive the reckoning…
archilles, I believe he sold that house over a year ago.
burnt711, Yep, OTC status “Pink Limited Information”…eom
Premarket volume today is more than average… eom
SA, “Other than that, what else could/ should move the needle one way or another?” If the new ENZC CEO doesn’t submit the filing in the allowed time, the reporting status will likely become “Pink Limited Information”, which may cause a further drop in the pps…
I-Glow, The money was returned to the stockholders in keeping with the terms of the SPAC…
“SAGA quickly went from $120M to $10M.”
Giwsrr, Greatly appreciate the effort and posting your findings. Thanks!
Wow! Hycroft $4.40 extended hrs. eom
Wow! Hycroft $4.24!! eom
Switzerland’s Canton of Ticino Implements BIO-key’s Multi-Factor Authentication Solution in its Information Systems Center
TICINO, Switzerland and HOLMDEL, N.J., April 09, 2024 (GLOBE NEWSWIRE) -- BIO-key® International, Inc.® (NASDAQ: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, today announced that Switzerland’s Canton of Ticino (Ticino) has partnered with Asecus AG to implement BIO-key’s AuthControl Sentry login solution. In a significant enhancement to its digital security, Ticino’s Information Systems Center (TISC) has integrated AuthControl’s advanced protection for Office365 login across their network. Ticino is the southernmost of Switzerland’s 26 cantons (member states) and the sole canton where Italian is the only official language.
The AuthControl Sentry implementation is a critical component of TISC’s strategy to safeguard its digital assets and communications, especially considering the widespread use of Office365 for day-to-day operations. The collaboration with Asecus underscores the Ticino’s commitment to utilizing top-tier security solutions to protect against potential cyber threats. The partnership not only enhances the security of TISC’s Office365 logins but also strengthens the overall integrity of its digital communications.
Alex Rocha, Managing Director of BIO-key Europe, commented, “Canton Ticino’s proactive approach to working with Asecus and BIO-key to secure their Office365 logins is a best practices model for maintaining a robust and resilient digital environment. In today’s interconnected world, it is vital for government entities to ensure the highest level of security for their communication tools. We at BIO-key Europe applaud their commitment to cybersecurity and are pleased to see our solutions contributing to such important initiatives.”
Asecus AG (https://www.asecus.ch/)
Cybersecurity Integrator and managed service provider Asecus has been successfully protecting customers against cyberattacks since 1997. Long-standing customers include both small and medium-sized entities and international corporations across various industries. Asecus provides first-class security consulting, security operations/managed services and support, as well as a broad portfolio of leading products. The Asecus team also brings extensive security expertise and engineering know-how to on-premises, cloud and hybrid environments.
About BIO-key International, Inc. (www.BIO-key.com)
BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over thirty-five million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.
BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital to satisfy working capital needs; our ability to continue as a going concern; our ability to regain compliance with the Nasdaq continued listing standards, market conditions and the impact of the reverse stock split on the trading price of our common stock; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; our ability to convert sales opportunities to customer contracts; our ability to expand into Asia, Africa and other foreign markets; our ability to integrate the operations and personnel of Swivel Secure into our business; fluctuations in foreign currency exchange rates; delays in the development of products and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022 and other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise.
Engage with BIO-key
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR
Investor Contacts
William Jones, David Collins
Catalyst IR
BKYI @Bacchus-9800
Back to “Pink Current Information” status…
Got some $2’s today… building my share count… going to my local AMC tomorrow… this is fun!
Valuator2, I would think a “vehement” response contradicting the post would have been “WRONG!”, rather than “NO!”.
jngreen33, I sent a couple emails to Hoffman and Hariton last week pointing out the typos. Maybe they actually read them. Who knows…
Attorney Letter filed with the corrected Period End Date. Should be good to go with the OTC now…
Amended Annual Report filed…
If Charles Cotropia is gone, then so am I…
Looking forward to the Monday opening bell. eom
tulla236a, Disgorgement requires all illegal profits to be returned plus penalties. 100% + fines (cash, stocks, houses, cars, etc.)
Val2, I recall management converting Preferred shares in order for the trade to go through because the deal required common shares to meet the transaction terms.
SA, Here’s a question…. Where is CC living now, since he sold his home?
Grandmasim, You might want to monitor the price of Hycroft…
I-Glow, Due to my trading of ENZC , I will never have losses, so go sell your “soap” elsewhere.
SA, I’m way ahead of this situation… not worried. GLTA!
SA, Interesting situation.. don’t you think? eom
Since management has converted their Preferred Shares to common, they may actually, not have a majority anymore. It might be time for an investor called stockholder meeting and elect a new board. Just throwing that out there…
Val2, Thanks, for that information… this situation seems very convoluted, and will be, until management actually, figures out where they are, and, then, actually, decides to inform the investors… You and I would probably handle this situation much differently than the current ENZC management.
SA, It might be something that I will have time to look into over the weekend. If I do, I’ll elaborate next week…
SA, You are probably correct. I may have confused the terms of the agreement.