Vertical Computer Systems,Inc. (OTCMKTS:VCSY) Files An 8-K Other Events
On December 1, 2016, Vertical Computer Systems, Inc. (the
Company) issued a press release announcing that its board of
directors has authorized management to pursue a tax-free spin-off
of shares of its subsidiary, Ploinks, Inc., which is the Companys
secure personal and private communication channel business. A
copy of the Companys press release is attached as Exhibit 99.1
and incorporated herein by reference.
Press release issued by Vertical Computer Systems, Inc. on
December 2, 2016
About Vertical Computer Systems, Inc. (OTCMKTS:VCSY)
Vertical Computer Systems, Inc. is a provider of application software, cloud-based and software services, Internet core technologies and intellectual property assets through its distribution network with operations or sales in the United States, Canada and Brazil. The Company offers its services to a range of market segments, including human resources (HR) and payroll, government sector-emergency response, software development units, content management framework, time and attendance, healthcare credentialing and private communication. Its operations are grouped into units, including NOW Solutions, Inc. (NOW Solutions), Ploinks, Inc., Taladin, Inc., Vertical Healthcare Solutions, Inc. (VHS), Priority Time Systems, Inc. (Priority Time Systems), SnAPPnet, Inc., Government Internet Systems, Inc. (GIS), Vertical do Brasil, and other subsidiaries. Its administrative application software includes emPath 6 and PTS. Under cloud-based services, it offers SnAPPnet and SiteFlash products. Vertical Computer Systems, Inc. (OTCMKTS:VCSY) Recent Trading Information
Vertical Computer Systems, Inc. (OTCMKTS:VCSY) closed its last trading session 00.0000 at 0.0170 with 221,697 shares trading hands.