Ciscom Corp. Announces Change of Auditor
Toronto, Ontario--(Newsfile Corp. - June 18, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or the "Company"), which actively invests in, acquires, and manages companies within the Information and Communication Technology sector, announces that the Company has changed its auditors from SRCO Professional Corporation (the "Former Auditor") to McGovern Hurley LLP (the "Successor Auditor") effective June 12, 2024, until the next annual shareholder meeting of the Company.The Company's...
2024-06-18 6:06 PM EDT
Ciscom Corp. to Hold Annual and Special Meeting of the Shareholders on August 20, 2024
Toronto, Ontario--(Newsfile Corp. - June 7, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company"), which actively invests in, acquires, and manages companies within the Information and Communication Technology sector, is pleased to announce that it will hold its Annual and Special Meeting of its shareholders on August 20, 2024 (the "Meeting"). Shareholders as of the record date of July 2, 2024 (the "Record Date") will be eligible to vote at the Meeting.Materials for the...
2024-06-07 5:00 PM EDT
Ciscom Corp. Clarifies Shareholdings and Provides Business Updates
Toronto, Ontario--(Newsfile Corp. - May 23, 2024) - CISCOM Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company"), which actively invests in, acquires, and manages companies within the Information and Communication Technology sector, wishes to update its shareholders and stakeholders about recent developments regarding its share ownership and provide a business update.As previously disclosed, on March 8, 2024, Ciscom formally alerted the Ontario Securities Commission ("OSC") of its...
2024-05-23 7:20 AM EDT
Ciscom Corp. Strengthens Its Board of Directors with Addition of Two Experienced Industry Leaders
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - CISCOM Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company"), which actively invests in, acquires, and manages companies within the Information and Communication Technology (ICT) sector, is pleased to announce the appointment of Angel V. Valov and Stephen Lautens to its board of directors, effective immediately."We are delighted to add Angel Valov and Stephen Lautens to our board," said Paul Gaynor, chair of the board. "Both Stephen...
2024-05-15 7:30 AM EDT
Ciscom Reports Steady Financial Growth in First Quarter of 2024
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - CISCOM Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company"), which actively invests in, acquires, and manages companies within the Information and Communication Technology (ICT) sector, is pleased to announce that it has filed its condensed consolidated financial statements and management discussion and analysis for the three month period ended March 31, 2024, under its corporate profile on www.sedarplus.ca. Ciscom delivered...
2024-05-13 8:13 AM EDT
Ciscom Announces Change to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - April 12, 2024) - CISCOM Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company"), which actively invests in, acquires, and manages companies within the Information and Communication Technology (ICT) sector, hereby announces the resignation of Josh Howard from his role as a Non-Executive Director, citing professional priorities. His resignation is effective immediately.Chairman Paul Gaynor expressed gratitude for Mr. Howard's contributions, stating: "We...
2024-04-12 5:00 PM EDT
Ciscom's ICT Acquisition of Prospect Media Group Contributes to 'Stellar' Year-End Earnings for 2023
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - CISCOM Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company"), which actively invests in, acquires, and manages companies within the Information and Communication Technology (ICT) sector, is pleased to announce that it has filed its audited financial statements and management discussion and analysis for the twelve months ended December 31, 2023, under its corporate profile on www.sedarplus.ca. As expected, Ciscom received a clean...
2024-03-27 10:16 PM EDT
Ciscom Cautions Investors Regarding Share Ownership Assertions by DLT Resolution Inc. & Evaluates Activation of Shareholder Rights Plan
Toronto, Ontario--(Newsfile Corp. - March 13, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) is in the process of consulting with its advisors and regulatory authorities to ascertain the necessity of activating its Shareholder Rights Plan. This action is in direct response to the assertion by DLT Resolution Inc. that it has escalated its ownership in Ciscom from 19.9% to an alleged 42.05%. The legitimacy of this claim is under scrutiny, and the outcome may influence whether the Plan will...
2024-03-13 7:00 AM EDT
Ciscom Corp. Approves Shareholder Rights Plan
Toronto, Ontario--(Newsfile Corp. - March 4, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") is pleased to announce that it has established a shareholder rights plan (the "Plan") effective today. The Plan is a standard corporate governance item for companies like Ciscom, and is designed to ensure that all Ciscom shareholders are treated fairly in connection with any take-over bid and to protect against "creeping bids", which involve the accumulation of more than...
2024-03-04 5:46 PM EST
Ciscom Corp. Announces Appointment of Senior Market Leader and Influencer to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - March 1, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") is pleased to announce the appointment of Tracy Weslosky to its Board of Directors effective immediately."We have been looking to add a senior leader with strong business and market experience to the Board. Tracy brings to the Board the perfect combination of business and market acumen that will help propel Ciscom to the next level. On behalf of the entire Board and...
2024-03-01 9:15 AM EST
Ciscom Corp. Clarifies Procedures and Conduct of Its Annual Shareholders' Meeting
Toronto, Ontario--(Newsfile Corp. - February 14, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") wishes to clarify the procedure and conduct of its Annual General and Special Meeting of Shareholders (AGSM) of Ciscom Corp., which was held on February 8, 2024. Dissident Proxies Not Properly Qualified Further to the Company's press release dated February 13, 2024, a number of dissident shareholders wished to oppose current management and replace the current board of...
2024-02-14 7:23 PM EST
Ciscom Corp. Announces Results of Its Annual Shareholders' Meeting
Toronto, Ontario--(Newsfile Corp. - February 13, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") is pleased to announce the results of its annual and special meeting of the shareholders held in Toronto on February 8, 2024 (the "Meeting"). At the Meeting, shareholders of the Company approved all matters of business as presented to the shareholders in the management information circular dated December 29, 2023 (the "Circular"). The following items of business were...
2024-02-13 8:15 AM EST
Ciscom Corp. Exceeds Earn-Out Target Growth Under 1883713 Ontario Inc. (Inclusive of Prospect Media Group Ltd.) Share Purchase Agreement for 2023 & Announces Stock Option Grants
Toronto, Ontario--(Newsfile Corp. - February 5, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") is pleased to announce that further to its press release dated January 17, 2024, announcing preliminary unaudited revenue, it has exceeded the gross profit Earn-Out target for 2023 established pursuant to the 1883713 Ontario Inc. share purchase agreement (the "SPA") dated September 30, 2022. The Company is also pleased to announce the grant of stock options to certain...
2024-02-05 5:15 PM EST
Ciscom Corp. Announces Strong Growth and Executive Hire
Toronto, Ontario--(Newsfile Corp. - January 17, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") is pleased to announce strong revenue growth for 2023, and the hiring of Sheri Rogers as EVP Managing Director of its subsidiary, Prospect Media Group ("PMG"). Strong Topline GrowthFor the year ended December 31, 2023, Ciscom had Revenue of $35.014M up from $14.766M over 2022 for a growth of $17.137M or 95.9%. For the same period, Gross Profits were $6.772M up from...
2024-01-17 8:30 AM EST
Ciscom Corp. Announces Claim for Debt Collection Against Former CEO and Wrongful Dismissal Action by Former CEO
Toronto, Ontario--(Newsfile Corp. - January 16, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") is announcing that it has filed a statement of claim with the Ontario Superior Court of Justice for the collection of a debt owed by its former CEO that was due on January 1, 2024 and was not repaid on demand. Pursuant to a Promissory Note issued in February of 2022, the Company advanced an amount of $180,000 to its former CEO....
2024-01-16 5:00 PM EST
Business Update from Ciscom Corp. Chair, Paul Gaynor
Toronto, Ontario--(Newsfile Corp. - December 5, 2023) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") and Paul Gaynor, Ciscom's new Chair, are pleased to provide a business update.Q3 2023 Solid Financial PerformanceAs reflected in the Q3 2023 MD&A, Ciscom's Q3 2023 earnings report showed a strong performance, in light of a contracting economy. Sales and operating profit (on a cash basis) increased year-over-year. This is an evidence of the resiliency of the business, our...
2023-12-05 4:30 PM EST
Ciscom Corp to Hold Annual Meeting of the Shareholders on February 8, 2024
Toronto, Ontario--(Newsfile Corp. - November 24, 2023) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company") is pleased to announce that it will hold an annual and special meeting of its shareholders on February 8, 2024 (the "Meeting"), which will entitle all holders of the Company's stock as of the close of business on December 29, 2023 (the "Record Date") to receive notice of and attend the Meeting. Shareholders of the Company as of the Record Date,...
2023-11-24 3:49 PM EST
Ciscom Corp (CISC) Announces Departure of Chief Executive Officer
Toronto, Ontario--(Newsfile Corp. - November 20, 2023) - Ciscom Corp. (CSE: CISC) ("Ciscom" or "the Company") announces that effective November 20, 2023, Drew Reid no longer serves as the Chief Executive Officer ("CEO"), Executive Chairman and all others offices of the Company and its subsidiaries.The Board of the Company is pleased to announce that Paul Gaynor has agreed to serve as Chair of the Board. Paul is already a Board member and on its Audit Committee, has been part of...
2023-11-20 9:17 AM EST
Ciscom Corp (CISC) Q3 2023 Earnings Release - Growth and Positive Results
Toronto, Ontario--(Newsfile Corp. - November 7, 2023) - Ciscom Corp. (CSE: CISC) ("Ciscom" or "the Company") is pleased to announce that it has filed its quarterly results for the period ended September 30, 2023 (Q3) on November 7, 2023.Year to date September 30, 2023, Ciscom reported sales of $21.5M versus $2.1M for the prior year, an increase of $19.4M or 929%. This increase is tied to the acquisition of PMG that closed September 30, 2022. On a pro-forma basis (including...
2023-11-07 9:00 PM EST
Ciscom Corp (CISC) Advisory Services Agreement
Toronto, Ontario--(Newsfile Corp. - September 29, 2023) - Ciscom Corp. (CSE: CISC) ("Ciscom" or "the Company") an ICT managing and investment corporation, is pleased to announce that it has retained the services of Hummingbird Capital Inc. ("Hummingbird") on a non-exclusive basis.The agreement is for a period of 6 months whereas Hummingbird will provide advisory services to the Company related to its investment banking initiatives. The Company will pay Hummingbird through the issuance of...
2023-09-29 7:40 AM EDT