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VSMR Newsroom

Verify Smart's Newsroom is a dynamic hub for the latest press releases, encompassing corporate material events, litigation matters and updates, and other relevant news. This feature will provide easy access to critical information, ensuring transparency and fostering trust among our stakeholders.

Current VSMR News on OTC Markets

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current OTC news and VSMR press releases

Verify Smart Corp. Announces Expansion of Board of Directors Following Unanimous Shareholder Decision

MAHWAH, NEW JERSEY: SEPTEMBER 26, 2023. VERIFY SMART CORP.                            (OTC PINK: VSMR) (the “Company”) a publicly traded company and global leader in innovative solutions and services, is pleased to announce the unanimous decision by its shareholders to increase the Board of Directors by four seats. The resolution was initially approved by the existing Directors at a “special meeting” of the Board held on September 19, 2023 and subsequently ratified unanimously by the shareholders at the Annual Shareholder Meeting held in Mahwah, New Jersey on September 20, 2023, reflecting a shared commitment to enhancing the strategic and governance capabilities of the Board.

 

This unanimous decision by the shareholders underscores the company's commitment to enhancing corporate governance, bringing diverse perspectives to the board, and positioning Verify Smart Corp. for future growth and innovation. The addition of the four new seats will bring fresh insights and expertise to drive the company's strategic initiatives forward.

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Mr. Tony Cinotti, Chairman of the Board and President of Verify Smart Corp., stated, “This is a momentous occasion for Verify Smart Corp. The unanimous decisions by both the existing Directors and the shareholders to increase the board seats is a testament to the company's direction and our collective ambition for growth. We eagerly anticipate the positive impact these new board members will bring as we continue to innovate and protect our technology patents.”

 

 

About the Newly Appointed Board Members:

 

 

  • Donald "Nick" Williams Jr – is renowned for his strategic vision and operational expertise. He brings a distinguished background in management and technology innovation, adding significant value to the Company's operations and strategic direction, e.g., "A seasoned expert in cybersecurity and nuclear engineering with over 34 years of experience in senior management..."

 

  • James Rose – has over 40 years of business experience, including 33 years working for ExxonMobil which includes 15 of those years in executive positions. He devotes a significant amount of time to philanthropy and is currently helping establish a Christian University in Nigeria, e.g., "A prominent figure in leadership, finance and international business..."

 

  • Jay Gentry – has owned and operated several substantial companies specializing in manufacturing, transportation, construction, and pipeline services serving the oil and gas industry, e.g., "With a robust background in advising and assisting in capital raising for numerous publicly traded companies, Mr. Gentry brings a wealth of knowledge..."

 

  • Greg Barna – has been a "C" level executive in both privately held and publicly traded companies and as an investment banker, Greg has developed various types of financial models to value debt and equity for mergers, acquisitions, and capital raising transactions, e.g., "An innovator in assisting companies from start-ups to dynamic companies endeavoring to manage rapid growth..."

 

The newly expanded Board will commence their roles with immediate effect, working closely with the existing Board members and the management team to guide Verify Smart Corp. to new heights of success and innovation. The Company looks forward to a prosperous future with the enhanced leadership team driving its mission of offering cutting-edge technology solutions.

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For any further information or inquiries, please contact:

Media Contact:

Annamarie Seabright

CCO and VP of Communications

Verify Smart Corp.

Phone: +1 (949) 235-8181

Email: annamarieseabright@verifysmartcorp.com

Website: www.verifysmart.net

 

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About Verify Smart Corp:

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Verify Smart Corp. is a global leader in innovative solutions and services, catering to a diverse clientele across various industries. Verify Smart Corp. is a publicly traded company, OTC pink. Since March 2009, the Company has been developing and selling internet security software for the prevention of credit and debit card fraud. Currently, the Company is offering innovative Two-Factor Authentication (“2FA”) and Multi-Factor Authentication (“MFA”) services around the world. The Company has secured exclusive global licensing rights to this disruptive technology which protects businesses and consumers by verifying the identity of a user in electronic transactions. 

 

This technology is the subject of a United States Patent (# 8,285,648 B2), a South Korean Patent (#10-1309594), a Canadian Patent (#2664680), and a pending European Patent Application (# EP2080158).

 

 

"2FA and MFA" technology is currently used THOUSANDS of times every SECOND by nearly five (5) BILLION concurrent users across nearly ALL transactional platforms. The Company has licensed a multitude of financial institutions, telecommunications and crypto currency companies, as well as Microsoft.  

 

Note: This press release contains forward-looking statements concerning Verify Smart Corp. The actual results could differ materially from those projected in the forward-looking statements as a result of certain risks and uncertainties, including but not limited to changes in the global economic environment, and the financial condition of the company’s customers and suppliers, and other risks and uncertainties.

 

 

For comprehensive and updated corporate information, visit the Company's official website at www.VerifySmart.net.

 

 

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Website Launched

[Mahwah, NEW JERSEY, April 20, 2023] - Verify Smart Corp, a global leader in innovative solutions and services, is proud to announce the long-awaited and much anticipated launch of its new, state-of-the-art corporate website. The new platform showcases Verify Smart's commitment to continuous growth, transparency, and collaboration with stakeholders, clients, and partners worldwide.

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Verify Smart Corp Introduces Board of Directors

MAWAH, NEW JERSEY: March 14, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) is pleased to announce their esteemed Board of Directors for the Company; Tony Cinotti, Sandy Manata and Anthony Lalley.

02

VSMR Retains New General Counsel and Litigation Attorney

MAWAH, NEW JERSEY: March 24, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) is pleased to announce the retention of Jean-Marc “JM” Zimmerman as their new General Counsel and Corporate Litigation Attorney. Mr. Zimmerman brings with him over 30 years of experience in corporate, patent law and intellectual property litigation. 

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03

Verify Smart Corp Retains New Securities Counsel

MAWAH, NEW JERSEY: March 24, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) is pleased to announce the retention of Jeffrey Stein, Esq. and his firm as its new outside Securities Counsel. In this role, Mr. Stein will oversee all legal affairs related to securities law.

04

Verify Smart Corp Appoints New VP of Communications and CCO

MAWAH, NEW JERSEY: March 29, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) a publicly traded company, is pleased to announce the appointment of Annamarie Seabright as its new Executive VP of Communications and Chief Communications Officer. With over twenty-two years of experience in public relations and communications, Ms. Seabright brings a wealth of knowledge and expertise to the organization.

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Verify Smart Corp Appoints New Chief Operating Officer

MAWAH, NEW JERSEY: March 29, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) is pleased to announce the appointment of Adam Becker as its new Chief Operating Officer. Mr. Becker will be responsible for working with the executive management team to oversee the day-to-day operations of the Company and drive business growth strategies to support the Company's short and long-term goals.

06

Verify Smart Corp Announces New Chief Technology Officer

MAWAH, NEW JERSEY: March 29, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) is pleased to announce the appointment of Stewart Goodin, as its new Chief Technology Officer (CTO). Mr. Goodin brings a wealth of experience and knowledge to the company, having held numerous leadership roles in some of the top technology companies worldwide.

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Verify Smart Corp Appoints New Chief Marketing Officer

MAWAH, NEW JERSEY: March 29, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) a publicly traded company, is pleased to announce the appointment of Anastasia Marie Giourgas as its new Chief Marketing Officer and Creative Director. Ms. Giourgas is an accomplished marketing professional with years of experience in developing, designing and executing successful marketing and branding campaigns for large and small business brands.

08

Termination of PCP Management and Consulting Agreement

MAWAH, NEW JERSEY: January 31, 2023. VERIFY SMART CORP. (OTC PINK: VSMR) (the “Company”) announced today that it has terminated their Management and Consulting Agreement and subsequent Amendment No. 1 (the “Agreements”) with Perseverance Capital Partner LLC (“PCP”) for default, due to non-performance by PCP. The termination of the Agreements is specifically related to the default of several contractual deliverables and funding milestones due from PCP.

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