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Is he not "Associated " with other companies that have a Percentage of shares
Still connecting him to the company ?
Toms is in trouble...
On July 2, 2014, DecisionPoint Systems, Inc. (the “Registrant”) received a written “Wells Notice” from the staff of the Securities and Exchange Commission (the “SEC”) indicating that the staff has made a preliminary determination to recommend that the SEC bring an administrative proceeding against the Registrant. On the same day Nicholas R. Toms, the Registrant’s President and Chief Executive Officer and a member of the Board of Directors, also received a Wells Notice. The SEC staff has informed the Registrant that both Wells Notices relate to allegations that, from late 2009 to early 2011, Mr. Toms was the beneficial owner of shares of common stock of the Registrant that were held and traded by a Delaware corporation in which Mr. Toms was a 10% owner; that Mr. Toms exercised control over the corporation’s securities account; and that the corporation’s shareholding and trades should have been reflected at the relevant times in public disclosures of Mr. Toms’ other holdings of the Registrant’s common stock.
A Wells Notice is neither a formal allegation of wrongdoing nor a finding that any violations of law have occurred. Rather, it provides the recipient with an opportunity to respond to issues raised by the staff and offer its perspective to the staff prior to any decision to institute proceedings. The Registrant intends to make a submission to the staff in response to the Wells Notice setting forth why no action should be commenced against it.
In addition, the Registrant’s Audit Committee has begun an internal review, assisted by new outside counsel, and the Registrant’s independent directors have placed Mr. Toms on leave from his duties as an officer of the Registrant, pending further inquiries and determinations. Mr. Toms remains a director of the Registrant and retains his duties as a director. Mr. Dan Romanello, who has served since August 2013 as the Executive Advisor to the CEO, is undertaking Mr. Toms’ duties as an officer on an interim basis.
http://ih.advfn.com/p.php?pid=nmona&article=62871830
well I have a lot of stock in here, sure I hope something happens...but it would only be faith to pull it through, because up to now it hasn't looked good.
Don't know what to tell you except I may be the only one with faith still!! Just my gut but feel it will be good.
God bless all!!
as long as it has toms name anywhere near this its just a bag of nothing going nowhere...seriously how long have we been hanging in here and even worse how long has it been since we had any PR to involve the shareholders intrest? No one these days even gets angry as before if someone talks down on this...whatever it is that toms created...POS? for better words than spelling it out..gots my vote and as long as tom is lingering around somewhere..just his name and its a winner on a POS board!
Yeah, I'm sure that's it, because there's no chance that Nic Toms is just a bald face liar who has overseen the destruction of CYSG and DPSI.
Probably have not signed on the dotted line yet & do not want anyone else coming in & stealing this aquisition from them, hence the quiet until deal is done. Makes sense to me. GLA.
tlo.
Agreed!!!! What I was told, the Co. They are wanting to or are merging/acquiring had not the best 1st Q and they want to make sure it wasn't a fluke, so now waiting on 2Q. I agree we are not a public Co at the time so why not give us more info.
Q2 of What ?
Are we doing business ?
What are we doing ??
There Has Been
NO PUBLIC UPDATE !!!!
Why hide from All the investors ?
They should Man Up and release some public news
Yeah, any day now.
Surprise!!! Now waiting until end of June first of Aug so they can see how the 2Q went. I know this will be a shocker for all!!! But at least it is only 30-45 says out :)
What is: a 1969 hit song by the American pop-rock duo of Zager and Evans.
June / What Year Was That. ?
Yeah, any day now.
Sure they are. Only 30-45 more days, would Toms lie to you?
The Cape Systems website now redirects to Esko.
"This is BS......."
You just figured that out??
First thing they need to do is fill out the Friggin paperwork.......
And
FILE...not that hard to do.........
This is BS...................
I'm not lending any credibility to what I was told.
V63 asked if anyone spoke to management, so I replied with what I heard.
The last statement by management was they expected to complete the acquisition March/April. There was a delay due to evaluation and now they're saying June (of this year)is when they hope to finalize the acquisition.
Cannot make something out of NOTHING, 0=0, 65 million share man, remember me?
cysg563 Can you be more Specific ???
We have heard End of Quarter Dates, Tax Dates , Financial Dates Etc. , Etc.. My Question is
June Of What Year ?
Yes. Spoke to Phil. The new CFO is now handling matters. The message he passed on is they are looking at June.
OK I DID I WILL TAKE YOUR POST DOWN SO NOT TO EXPOSE YOUR E-MAIL. IF YOU WANT TO LEAVE IT UP I CAN PUT IT BACK JUST LET ME KNOW ...SORRY FOR THE CAPS I DIDN'T REALIZE IT TILL ALMOST DONE.
Honestly or are you joking?
still no news? Anyone still have conversations with toms or anyone of the company?
March of never. Toms is the master of disaster.
How's that March momentum looking?
that's funny since you can't even give them away at this point!
Wasn't it worth the wait!!!
I just sold my shares for a big profit because of the work of the company leadership effectively looking out for our interests!
what's up everybody? just checking in...
hope all is well.
God Bless.
The revocation of this stock makes zero sense. A worldwide company reduced to shreds.
There was no reason for any of this except greed.
Drag what on? They aren't dragging or doing anything. They liquidated CYSG.
Then why drag it on for so long if there was no intention of relisting? Makes zero sense to me. AM I missing something here?
He couldn't care less. He's too busy ruining DPSI.
He has your money, why would he want to give it back?
at this point it would really be something if "anything" happens with this stock...I seriously wonder what toms is thinking about all this!
Looking good here, only 30-45 days until your money is still gone forever.
Statue of limitation's is 7 years then there deal with Corey is not enforceable. ????
so its most likely 7 years and 30 days to 7 years and 60 days
That could be the prob.. we don't know when the 30-45 days starts!!
Was it last week or will it start next year?!?!
GOOD CALL!!
Remind us again when the 30-45 days started?
No, it would require to much effort to resurrect this dead horse. Thieves are thieves and liars are liars and bag holders are bag holders and in the end all have to face the truth. Here is the end.
3 and all in stock options.. do you think they want this trading??
How many employees are on the payroll?
Does CSG own anything at all anymore, or does the entire company fit in a desk drawer?
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The future home off CSG Inc.
www.csginc.net
Cape Systems Group is in the process of an Asset Sale. Cape Systems Group Inc. intends to sell it's two subsidiaries, 'Cape Systems and Consulting Services Limited' and 'Cape Systems Limited,' to ESKO. The estimated closing date is September 30th, 2013.
After the Asset Sale, the shell company intends to change it's name to CSG Inc., use proceeds to purchase an operating company, and to relist the common stock.
A detailed proxy statement has been sent to Shareholders.
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