Elbit Vision Systems Schedules Fourth Quarter 2016 Results Release & Conference Call for April 6, 2017
Also Announces that its Reverse 10-1 Split of Shares Became Effective on March 27, 2017
CAESAREA, Israel, March 28, 2017 (GLOBE NEWSWIRE) -- Elbit Vision Systems Ltd. (OTC:EVSNF); (OTC:EVSND) (“EVS”, or the “Company”), a pioneer in the science of camera-based automatic machine vision inspection, announced today that it would be releasing its financial results for the fourth quarter and full year of 2016 and hosting a conference call to discuss those results on Thursday, April 6, 2017 before the US markets open.
The company also announced that the reverse share split of its shares became effective. The Company's ordinary shares commenced trading on Monday, March 27, 2017, on a 1-for-10 split-adjusted basis. As a result of the reverse share split, the Company's issued and outstanding ordinary shares stands at approximately 9.4 million.
The new CUSIP number for the ordinary shares following the reverse share split is M37576135. The shares will continue to trade on the OTCQB. For twenty days, the Company's ordinary shares will trade under the ticker symbol ‘EVSND’ and following that will revert back to the ticker symbol ‘EVSNF’.
Results Conference Call Details
The company will host a conference call to discuss its financial results and recent developments on Thursday, April 6, 2017 at 9am Eastern Time. Sam Cohen, Chief Executive Officer and Yaron Menashe, Chief Financial Officer, will host the call and will be available to answer questions after presenting the results.
To participate, please call one of the following telephone numbers at least 10 minutes before the start of the call:
US: 1 888 668 9141 at 9am Eastern Time
Israel: 03 918 0610 at 4pm Israel Time
International: +972 3 918 0610
