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Stock Market & Financial Investment News

News Breaks
May 15, 2014
08:21 EDTWPCSWPCS International requests support from holders to vote in favor of proposals
WPCS International is reminding shareholders of the special meeting of the stockholders to be held on May 30. The board of directors recommends that shareholders vote "FOR" all the proposals at the special meeting. Sebastian Giordano, Interim CEO, commented, "Our management team and the board of directors are asking our shareholders for their support at our upcoming Special Meeting. We want to continue to be direct and forthright with our shareholders and explain why a vote 'FOR' the following proposals is in the best interest for the future of our company: Approving the sale of Australia will divest the company of a non-core, unprofitable operation."
News For WPCS From The Last 14 Days
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August 18, 2014
09:04 EDTWPCSWPCS International obtains holder approval for sale of Seattle operations assets
WPCS International announced that on August 15 the company held a special meeting of stockholders at which a majority of the company's shareholders overwhelmingly approved the sale of substantially all of the assets of its wholly-owned subsidiary WPCS International -- Seattle, Inc. Over 94% of the total shares voted by the majority of shareholders in this special meeting were in favor of this transaction. The company expects that this transaction will close on or around August 31 and that it will generate over $1.5M in working capital.
August 8, 2014
14:02 EDTWPCSWPCS International to host special shareholder meeting
Special Shareholder Meeting to approve the sale of the company's wholly-owned subsidiary, WPCS International-Seattle, Inc., to be held on August 15 at 10 am.

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