QUOTEMEDIA, INC. (OTCMKTS:QMCI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective March 31, 2018, the Board of Directors of QuoteMedia, Inc. appointed Keith Randall as Chief Executive Officer of the Company. The appointment recognizes the contributions and leadership Mr. Randall has provided over his 18 years with the Company as its Chief Financial Officer. Concurrently, Mr. Randall joins the Board of Directors of the Company. Mr. Randall will continue as Chief Financial Officer of the Company for the foreseeable future. Mr. Randall holds a Bachelor of Commerce degree with Honors from Queen's University in Canada, is a licensed Chartered Professional Accountant in Canada and a Certified Public Accountant in the United States. This appointment is made in response to the recent passing of Mr. Keith Guelpa who was a co-founder of the Company and its Chief Executive Officer since inception.
Item 5.02. Regulation FD Disclosure.
On April 4, 2018, the Company issued a press release relating to the items described in this Current Report. A copy of the press release is furnished as Exhibit 99.1 to this Current Report.
In accordance with General Instruction B.2 of Form 8-K, the information furnished to this Item 5.02, including Exhibit 99.1 furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall such be deemed incorporated by reference in any filing under the U.S. Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 5.02. Financial Statements and Exhibits
| 99.1 | Press release, dated April 4, 2018 |
QUOTEMEDIA INC ExhibitEX-99.1 2 newsrelease.htm PRESS RELEASE,…To view the full exhibit click here
About QUOTEMEDIA, INC. (OTCMKTS:QMCI)
QuoteMedia Inc. provides financial data, news feeds, market research information and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals and public corporations. The Company offers a source for a range of market information and services, including streaming stock market data feeds, research and analysis information, content applications, corporate investor relations provisioning, news services, wireless applications and custom development. Its products and services are divided into three categories, which include Data Feed Services; Interactive Content and Data Applications, and Portfolio Management and Real-Time Quote Systems. The Company offers its clients a range of data, information and services, including streaming real-time data feeds, mobile/personal digital assistant (PDA) wireless solutions, portfolio management, Internet data and content provisioning and research information supply.
