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News Breaks | | | | June 20, 2012 | | 15:08 EDT |  | QBAK | Qualstar says BKF failed in attempt to take over Board Qualstar (QBAK) announced that, based on preliminary voting results, BKF Capital Group did not obtain the required votes and thus failed in its attempt to take over the Qualstar board. Certified voting results are expected from the independent inspector within the next 5 days. "We thank our shareholders for their support and confidence in our board and management team to continue to execute our turnaround strategy that is already underway at Qualstar," said Lawrence Firestone, Qualstar's CEO. "We are pleased to have this disruption behind us so we can devote our full attention to the operation of our business and the execution of the turnaround plan." Firestone continued, "Shareholders made the correct decision to reject BKF's unwarranted campaign to take over the company. Our Board remains committed to returning Qualstar to sustainable profitability and growth." | |
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News For QBAK From The Last 14 Days Check below for free stories on QBAK the last two weeks. |
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| June 17, 2013 | | 08:55 EDT |  | QBAK | Glass Lewis recommends that Qualstar holders vote the WHITE proxy card
Subscribe for More Information | | | June 13, 2013 | | 10:06 EDT |  | QBAK | Qualstar to host business news update conference call
Subscribe for More Information | | | June 12, 2013 | | 08:39 EDT |  | QBAK | Qualstar urges stockholders to vote for nominees on WHITE proxy card Qualstar announced that it is has mailed a letter to shareholders commenting on the latest attempt by BKF Capital Group, an entity controlled by Steven N. Bronson, to seek control of Qualstar without paying shareholders an appropriate control premium and urges stockholders to vote for nominees on the WHITE proxy card. | | | June 11, 2013 | | 16:04 EDT |  | QBAK | Qualstar adds two authorized resellers for international sales
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