Health Discovery Corporation (OTCMKTS:HDVY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 5, 2017, the Board of Directors of Health Discovery
Corporation (HDC or the Company) appointed Mr. James Murphy to
the Board of Directors.
Mr. Murphy, age 61, has over 25 years experience as a senior
financial executive in public and privately held companies in the
life sciences and the media and technology industries. Mr. Murphy
holds a Bachelor of Science in Accounting with Honors from
Villanova University and is a Certified Public Accountant.
On April 6, 2017 Mr. William F. Quirk, Jr. resigned as a Director
of Health Discovery Corporation due to health reasons.Mr. Quirks
decision to resign from the Board was not the result of any
disagreements with Health Discovery Corporation over operations,
policies or practices. A copy of Mr. Quirks resignation notice is
attached to this Form 8-K as Exhibit 99.1.
| Item 9.01. | Financial Statements and Exhibits. |
(a)Not applicable
(b)Not applicable
(c)Not applicable
(d)Exhibits.
99.1 Resignation Notice of Mr. William F. Quirk, Jr.
About Health Discovery Corporation (OTCMKTS:HDVY)
Health Discovery Corporation (HDC) is a machine learning company that uses mathematical techniques to analyze data to uncover patterns that might otherwise be undetectable. The Company operates primarily in the field of molecular diagnostics where such tools are used for scientific discovery. Its Support Vector Machine (SVM) assets in particular have applicability in various other fields. HDC’s joint venture, SVM Capital, LLC (SVM Capital), applies SVM technology to the financial markets. The Company’s principal asset is its intellectual property, which includes mathematical algorithms called SVM and Fractal Genomic Modeling (FGM), as well as biomarkers that the Company has developed by applying its SVM and FGM techniques to genetic and proteomic data. It also owns the assets of Fractal Genomics, LLC, a company with FGM software. The FGM data analysis technique enables the mapping of genetic pathways involved in the diagnosis and prevention of certain diseases. Health Discovery Corporation (OTCMKTS:HDVY) Recent Trading Information
Health Discovery Corporation (OTCMKTS:HDVY) closed its last trading session up +0.00034 at 0.00654 with 6,929 shares trading hands.
