Allied Security Innovations, Inc. (OTCMKTS:ADSV) Files An 8-K Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 8.01 Other Events
The new corporate address for the company is 224 Datura Street #1015, West Palm Beach, Fl 33401.
The new Interim management of the company appointed Daniel Sobolewski as Interim CEO and Miro Zecevic as Corporate Advisor.
The new interim Company management has entered into a certain performance based agreement to seek out private operating companies for amalgamation.
The new preferred shareholder Mina Mar Group has 10,000,000 Class A shares with super voting rights of 1-1000.
The Company has written off most of non-performing operations and has streamlined operations to nominal levels and eliminated negative cash flows.
The Company intends as part of the corporate turnaround plan to do a name change.
The Company has secured a $60,000 working capital loan from Emry Capital to restore operations as a going concern.
The Company has launched a new web site https://adsvcorporate.com
https://twitter.com/AdsvCorporateis the new Company official social media
All previous management, service providers board members of the Company have either resigned, or their services were terminated.
The Company files its periodic reports with SEC as a voluntary filer in its first steps towards becoming a rep and its current filings may or may not reflect on OTC Markets icon rank status.
About Allied Security Innovations, Inc. (OTCMKTS:ADSV)
Allied Security Innovations, Inc. (ASSI) develops, assembles and markets computer installations consisting of hardware and software, which capture video and scanned images, link the digitized images to test and store the images and text on a computer database and transmit this information to remote locations. The principal product of the Company is the Compu-Capture Law Enforcement Program, which is marketed to law enforcement agencies and prison facilities. Substantially all of the Company’s revenues are derived from governmental agencies in the United States. The Company also operates through its wholly owned subsidiary, CGM Applied Security Technologies, Inc. CGM-AST is a manufacturer and distributor of indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo and physical security systems for tractors, trailers and containers.