Stock Trades Under New Symbol: INLX
The following directors were elected for a one-year term: A Michael
Chretien, Matthew L. Chretien, Thomas D. Moss and Rye D’Orazio.
An amendment to the Articles of Incorporation was approved to
effectuate a 1 for 7 reverse stock split, effective upon the filing
and acceptance of the amended charter with the Nevada Secretary of
An amendment to the Articles of Incorporation was approved to change
the company’s name from GlobalWise Investments, Inc. to Intellinetics,
Inc., effective upon the filing and acceptance of the amended charter
with the Nevada Secretary of State.
The current compensation of named executive officers was approved on
an advisory basis (i.e., ‘Say-On-Pay’).
The shareholders voted, on an advisory basis, to hold ‘Say-on-Pay’
advisory votes every three years.
Shareholders ratified the appointment of independent registered public
accounting firm GBQ Partners LLC.
COLUMBUS, Ohio--(BUSINESS WIRE)--
GlobalWise Investments, Inc. (OTCQB:
GWIV) (OTCQB: INLX) and its wholly owned subsidiary Intellinetics,
Inc. -- a leading-edge technology company focused on the design,
implementation and management of cloud-based Enterprise Content
Management (ECM) systems in both the public and private sectors --
announced that at its August 6, 2014 annual shareholder meeting,
shareholders approved the slate of seven proposals.
Matters Approved by Shareholders
On August 1, 2014, the Company’s shares began trading under its new
OTCQB stock symbol, INLX.
“Shareholder support and approval for these important, coordinated
components represent an important milestone in our strategy to improve
liquidity in the market for the Company’s stock and to help our focus on
revenue growth,” said Matthew L. Chretien, President and CEO. “The
company name and stock symbol change will help us to increase
Intellinetics’ brand awareness in the market. It brings the added
benefit of a name associated with a 20-year track record of delivering
mission-critical document solutions into the public safety market and
beyond. This credibility is a key catalyst to attracting profiled
distribution partners for our IntelliCloudTM solutions into
our channel network. I am very pleased with all that we accomplished
IntelliCloud Features & Benefits
The IntelliCloudsolution is delivered to the market by our Channel
Partners to their customers as a turnkey solution to reduce
operational costs and increase document accessibility and security for
small to medium sized enterprises (SMEs):
Find, Share, Email, and Route documents to authorized users
Simple, Affordable, and Secure
Improve Productivity & Reduce Costs
To view the simplicity of IntelliCloud in action, visit http://www.intellinetics.com/video.
About Intellinetics, Inc.
Since 1994, Intellinetics has been building powerful solutions making it
easy to securely capture paper and/or digital documents and connect them
to business processes to save time, money and improve performance.
IntelliCloudTM enables reseller-partners to add cost
effective document-centric workflow solutions to their devices and/or
services for a strong selling advantage and revenue growth.
Intellinetics is wholly owned by GlobalWise Investments, Inc. (OTCBB:
GWIV). Visit www.intellinetics.com
for more information.
About GlobalWise Investments, Inc.
GlobalWise Investments, Inc., via its wholly owned subsidiary
Intellinetics, Inc., is a Columbus, Ohio-based Enterprise Content
Management (ECM) pioneer with industry-leading software that delivers
cloud ECM-based solutions on demand. The Company’s flagship platform,
IntellivueTM, represents a new industry benchmark and
game-changing solution by enabling clients to access and manage the
content of every scanned document, file, spreadsheet, email, photo,
audio file or video tape – virtually anything that can be digitized – in
their enterprise from any PC, laptop, tablet or smartphone from anywhere
in the world.
Statements in this press release which are not purely historical,
including statements regarding Intellinetics' intentions, beliefs,
expectations, representations, projections, plans or strategies
regarding the future are forward-looking statements. The forward-looking
statements involve risks and uncertainties including, but not limited
to, the risks associated with the effect of changing economic
conditions, trends in the products markets, variations in the company's
cash flow or adequacy of capital resources, market acceptance risks,
technical development risks, and other risk factors. The company
cautions investors not to place undue reliance on the forward-looking
statements contained in this press release. Intellinetics disclaims any
obligation and does not undertake to update or revise any
forward-looking statements in this press release. Expanded and
historical information is made available to the public by Intellinetics
and its Affiliates on its website www.intellinetics.com
or at www.sec.gov
GlobalWise Investments, Inc.
Matthew Chretien, Pres. & CEO
Source: GlobalWise Investments, Inc.