Last $0.0040 USD
Change Today 0.00 / 0.00%
Volume 125.0
XFMY On Other Exchanges
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OTC US
As of 8:10 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

xformity technologies inc (XFMY) Key Developments

Xformity Technologies, Inc. Announces Change of Independent Registered Public Accountant

Effective May 21, 2012, the XFormity Technologies, Inc.'s independent auditors M&K CPAS, PLLC informed the company that they resigned as the company's independent registered public accountants under circumstances constituting a disagreement with management over accounting principles within the meaning of Item 304 (a)(1)(iv) of Regulation S-K. On May 23, 2013, the Board of Directors of the company approved the engagement of Silberstein Ungar, PLLC to assume the role of its new independent registered accountant.

XFormity Technologies, Inc. announced delayed 10-Q filing

On 05/13/2013, XFormity Technologies, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

XFormity Technologies, Inc. Announces Management Changes

XFormity Technologies, Inc. announced that effective April 17, 2013, Chris Ball voluntarily tendered his resignation as President, CEO and as a member of the Board of Directors of XFormity Technologies, Inc. Jack Rabin voluntarily tendered his resignation as CFO. Michael Shahsavari; C. Drew Seal; Kenneth Johnson and Farsheed Ferdowsi voluntarily tendered their resignation as members of the Board of directors. Effective April 17, 2013, the board of Directors of XFormity Technologies Inc. appointed Sheldon Drobny to serve as President, CEO and CFO of the company. Mr. Drobny currently serves as a member of the Board of Directors. The resignations are effective immediately.

XFormity Technologies, Inc. and Xformity, Inc Appoint Jim Hermann to its Board

XFormity Technologies, Inc. and Xformity, Inc. appointed Jim Hermann to serve as a member of the Board of Directors, effective April 19, 2013. Jim Hermann has been a licensed attorney since 1986 specializing in general business counsel and litigation.

Mark Weston Resigns as a Member of the Board of Directors of XFormity Technologies, Inc

Effective March 15, 2013, Mark Weston voluntarily tendered his resignation as a member of the board of directors of XFormity Technologies, Inc. The resignation was effective immediately.

 

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Price/Earnings 1.3x
Price/Sales 0.1x
Price/Book 4.0x
Price/Cash Flow 0.1x
TEV/Sales 0.1x
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