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News Breaks
June 13, 2014
09:29 EDTFORDForward Industries responds to Terence Wise's 'intention to seek control'
Forward Industries said, "Wise has published his nomination letter to the Board of Directors of the Company in which he raises a number of purported reasons for submitting his nomination. However, Mr. Wise's past conduct may demonstrate his true intentions: To gain "creeping control" of your Company without paying a premium; To perpetuate and enhance the cash flows from his multi-million dollar related party arrangement, which he fears the Board may terminate. The other members of the Board, excluding Mr. Wise and his designee Howard Morgan believe Mr. Wise's action is not in the best interests of the Company and its shareholders."
News For FORD From The Last 14 Days
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December 16, 2014
05:38 EDTFORDForward Industries urges holders to vote the WHITE proxy card
Forward Industries requested that shareholders review its proxy statement for the 2014 Annual Meeting of Shareholders recently mailed to shareholders. Forward also issued a letter to shareholders addressing the nominees offered by Terence Bernard Wise in connection with the election contest initiated by Wise. The letter stated. "For the purposes of the upcoming Annual Meeting to be held on December 30, we urge you to look at the facts -- not the rhetoric -- and vote the WHITE proxy card for our slate of nominees."

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