Last $0.0050 USD
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As of 8:10 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

qsgi inc (QSGI) Key Developments

Qsgi Inc.'S Board Appoints D'Arelli Pruzansky, P.A as Independent Registered Public Accountant

Effective May 27, 2014, the Board of Directors of QSGI Inc. engaged D’Arelli Pruzansky, P.A. as the Independent Registered Public Accountant to audit QSGI’s financial statements for the fiscal year ended December 31, 2011 and any interim periods and contemporaneously dismissed Morison Cogen LLP. During the two most recent fiscal years and any subsequent interim period, QSGI did not consult with D’Arelli Pruzansky, P.A. or any of its members about the application of accounting principles to any specified transaction or any other matter.

QSGI, Inc. Announces Board Changes

QSGI, Inc. announced that the company received notification that Benee Scola had tendered her resignation from the board of directors of the company. Her decision was for personal reasons and did not involve any disagreements with the company, management or the board of directors. On September 6, 2012 the company appointed Jason Bodnick to the board of directors. Mr. Bodnick has been a founder and officer in private companies serving the real estate, packaged goods, and retail technology markets for the past 20 years. Presently, Mr. Bodnick is a Partner and Managing Director at Gross Capital Partners, LLC. From 2008 to 2010, Mr. Bodnick was Vice President of Centurion Credit Management. Mr. Bodnick also co-founded and served as a Managing Director of Premium Asset Management.


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Valuation QSGI Industry Range
Price/Earnings 2.1x
Price/Sales 0.1x
Price/Book 1.0x
Price/Cash Flow 15.6x
TEV/Sales 0.2x

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