STOCK TITAN

Direct Communication Solutions Announces AGM Results, Upcoming Townhall and Resignation of Director David Diamond

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU0), a leading provider of information technology solutions for the Internet of Things (IoT) market, announced the successful passage of resolutions at the 2023 Annual General Meeting of the Stockholders, reflecting continued shareholder support. The company's CEO, Chris Bursey, will provide updates on 2023 achievements and an outlook for 2024 on December 22, 2023. Additionally, Director David Diamond has resigned from the board.
Positive
  • None.
Negative
  • None.

San Diego, California--(Newsfile Corp. - December 12, 2023) - Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU0) ("DCS" or the "Company"), a leading provider of information technology solutions for the Internet of Things (IoT) market, is pleased to announce that all resolutions at the 2023 Annual General Meeting of the Stockholders received majority approval.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7202/190738_0c04600f34e24a68_002.jpg

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7202/190738_0c04600f34e24a68_002full.jpg

The successful passage of these resolutions reflects the continued support and confidence of our valued shareholders in DCS's strategic direction. Full detailed results, as outlined in materials dated December 11, 2023, can be referenced on Sedar.com.

The Company's CEO and Director, Chris Bursey, will be providing important updates on the business of the Company, including a review of recent 2023 achievements as well as an outlook for 2024.

Date:  December 22, 2023
Time:  1PM PST
Register:  https://us02web.zoom.us/j/81856438509?pwd=a3QzekJIa1NrY1psZm01ZjlWZE5oUT09
Agenda:  2023 end of year update and outlook for 2024

HAVE QUESTIONS? There will be an allotted time following the live presentation for a Q&A session. Questions submitted beforehand in the registration form linked above or by email at: cbursey@dcsbusiness.com, will be addressed in priority. Management will review unaddressed questions and respond to accordingly following the Q&A session.

Amidst these corporate updates, the company also announced the resignation of Director David Diamond from the board. "Working with Mr. Diamond as a board member has been an honor and privilege" said Chris Bursey, CEO of DCS. "His experience and leadership have been instrumental in the success of the company. His departure, while a loss to the board, comes with the utmost sincere appreciation for his contributions that have shaped the company's achievements. The company expresses its gratitude for Mr. Diamond's service and wishes him well in his future endeavours.

We seek Safe Harbor.

About Direct Communication Services Inc.

DCSI is a technology solutions integrator focusing on connecting the Internet of Things. We provide real solutions that solve real problems. Our software applications and scalable cloud services collect and assess business-critical data from all types of assets. DCSI is headquartered in San Diego, California and is publicly traded on the OTCQX ("DCSX"), Canadian Securities Exchange ("DCSI") and Frankfurt Stock Exchange ("7QU0"). For more information, visit www.dcsbusiness.com. DCSI and the DCSI logo are among the trademarks of DCSI in the United States. Any other trademarks or trade names mentioned are the property of their respective owners.

Contact

Chris Bursey, CEO
cbursey@dcsbusiness.com
858-525-2483

Forward-Looking Statements

This release contains forward-looking statements reflecting management's current views of future events and operations. These statements are based on current expectations and assumptions, subject to risks and uncertainties that could cause results to differ materially. DCS believes that these potential risks and uncertainties include, without limitation: the ongoing COVID-19 pandemic, the Company's dependence on third-party manufacturers, suppliers, technologies, and infrastructure; risks related to intellectual property; industry risks, including competition, online security, government regulation, and global economic conditions; and the Company's financial position and need for additional funding. Statements in this release should be evaluated in light of these factors. These risk factors and other important factors that could affect our business and financial results are discussed in our Management's Discussion and Analysis, periodic reports, and other public filings available on SEDAR+ at www.sedarplus.ca and posted with the OTC Disclosure and News Service. DCS undertakes no duty to update or revise any forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/190738

FAQ

What is the company name and ticker symbol of the leading provider of information technology solutions for the IoT market?

Direct Communication Solutions, Inc. (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU0)

What was announced at the 2023 Annual General Meeting of the Stockholders?

The successful passage of resolutions reflecting continued shareholder support.

When will the CEO provide updates on 2023 achievements and an outlook for 2024?

On December 22, 2023 at 1PM PST.

Who resigned from the board of the company?

Director David Diamond.

What will be discussed in the live presentation?

2023 end of year update and outlook for 2024.

How can questions be submitted for the Q&A session?

Questions can be submitted beforehand in the registration form or by email at cbursey@dcsbusiness.com.

DIRECT COMM SOLUTIONS INC

OTC:DCSX

DCSX Rankings

DCSX Latest News

DCSX Stock Data

5.11M
1.27M
45.36%
Information Technology Services
Technology
Link
United States of America
San Diego