Welcome!

Agile Computing Authors: Elizabeth White, Liz McMillan, Richard Hale, William Schmarzo, Moshe Kranc

News Feed Item

Liberty Technologies Announces Merger, Name Change, and One-for-Ten Reverse Stock Split

Shares of Common Stock Will Begin Trading on a Split-Adjusted Basis on February 15, 2013

DES MOINES, IA -- (Marketwire) -- 02/15/13 -- Liberty Technologies, Inc. (PINKSHEETS: LBTL), today announced that it has completed a merger with Capalyst, Inc., d/b/a DomiKnow, and a one-for-ten reverse stock split of its common stock. The company will continue operations under its new name of DomiKnow, Inc. The merger, name change, and reverse stock split were approved by the Company's shareholders through an action by shareholder consent on December 14, 2012.

A purpose of the reverse stock split is to increase the per share trading price of the Company's common stock and to reduce the total number of shares in the market. As a result of the reverse stock split, every ten (10) shares of the Company's common stock issued and outstanding prior to the opening of trading on February 15, 2013 will be consolidated into one (1) issued and outstanding share. Any fractional share resulting from the reverse stock split will be rounded up to the next largest whole share.

Trading of the Company's common stock on OTC Markets will continue, on a split-adjusted basis, with the opening of the markets on Friday, February 15, 2013. Shares of the Company's common stock will trade under the symbol LBTLD for a period of 20 trading days, to designate that it is trading on a post-reverse split basis. The common shares will resume trading under the company's new symbol of DMNO after that 20-day period. Immediately subsequent to the reverse stock split, there will be approximately 19,907,876 of the Company's common shares issued and outstanding.

The Company's transfer agent, Integrity Stock Transfer, will act as the exchange agent for the reverse split. Shareholders will have their positions automatically adjusted to reflect the reverse stock split, and will not be required to take any action in connection with the reverse stock split. Shareholders are not required to exchange their certificates, but if they desire to do so, they should contact Integrity Stock Transfer at (702) 317-7757 to obtain instructions and costs associated with the certificate exchange.

The merger of Capalyst, Inc. with and into Liberty Technologies became effective as of December 18, 2012. Prior to the merger, Capalyst, Inc. owned a majority of the issued and outstanding shares of Liberty Technologies. Pursuant to the merger, shareholders of Capalyst, Inc. received 120.642498 shares of Liberty Technologies stock for each share of Capalyst, Inc. stock owned prior to the merger and the shares of Liberty Technologies owned by Capalyst, Inc. prior to the merger were cancelled. Former Capalyst, Inc. stockholders that have the right to receive shares of the Company's common stock as merger consideration will receive their shares on a split-adjusted basis.

Pursuant to the merger, the members of the pre-merger board of directors of Capalyst, Inc. became the only directors of Liberty Technologies/DomiKnow, Inc. following the merger. The current directors of DomiKnow, Inc. are John R. Stokka, Bryan Webber, Brenda Brenmark, Mark Egly, Jerry Capaldi, Cris Grunewald, and Brian Baltutat. John R. Stokka will serve as Chief Executive Officer and President of DomiKnow, Inc.

The Certificate of Organization and Bylaws of Liberty Technologies/DomiKnow, Inc. were amended pursuant to the merger. The name of Liberty Technologies, Inc. was changed to DomiKnow, Inc. Additionally, the authorized number of common stock shares was increased from 200,000,000 to 500,000,000 and the authorized number of preferred stock shares was decreased from 20,000,000 to 2,000,000. Certificates of designation have been adopted for DomiKnow, Inc. Series A, Series C, and Series D preferred stock; however, no shares of preferred stock are yet issued or outstanding.

About DomiKnow, Inc.

DomiKnow is a multi-channel internet marketing firm based in Des Moines, IA. If you're a small, local business, DomiKnow brings customers to your door through our unique data, technology and skilled interactive staff. The DomiKnow social media and digital marketing experts provide a complete solution for small, local businesses to profitably dominate their market.

www.DomiKnow.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...