InvestorsHub Logo
Followers 137
Posts 18271
Boards Moderated 7
Alias Born 05/28/2009

Re: None

Monday, 03/21/2016 5:15:14 PM

Monday, March 21, 2016 5:15:14 PM

Post# of 30974
I received this interesting e-mail from the company ("Investor Relations") today, which indicates that Duane Spader has been firmly in control of the company for over a month now. It would seem this would have required Mr. Spader to file an 8-K:

To Verity Shareholders,

I am sending this e- mail to inform you that on January 26, 2016 I received a written notice from Mr. Duane Spader, the majority shareholder and principal creditor of Verity Corp.

Mr. Spader stated that, in the best interests of Verity Corp, it was important for Mr. Ron Kaufman, the other sitting Board member, and me to immediately resign our positions as directors and officers so that he could bring in a new management team to restructure the company and advance his business plan for the company.

Due to family and personal health issues, and with the best interests of shareholders in mind, I tendered my resignation on February 17, 2016, allowing Mr. Spader to assume the CEO position of Verity Corp. As demanded by Mr. Spader, I relinquished all company records to him.

Because of Mr. Spader’s extensive experience in working with many companies and making thousands of businesses successful as the founder of Spader Business Management, I felt it best that Verity Corp. benefit from his operational expertise. Notably, given his senior creditor status, Mr. Spader is in a better position to restructure the company debt he holds.

Any questions on the current status of the company and investor relations inquiries should to be directed to Mr. Spader at spader23456@hotmail.com, or by phone at 1-605-351-9084.

As a fellow shareholder, I look forward to the continued progress of Verity Corp.

Respectfully,

Verlyn Sneller
Former CEO of Verity Corp.
________________________________________

Forward-Looking Statements

This e-mail communication contains forward-looking statements about the Company's business, or financial condition and prospects that reflect assumptions and beliefs based on information currently available. The Company can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that the Company is unable to predict. When used in this e-mail communication, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this e-mail. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements. This communication from the Company is the last communication from investorrelations@mindspring.com. All future inquiries should be directed to the company at spader23456@hotmail.com.