The Company refers to Veritec, Inc. (Veritec) and its wholly owned subsidiaries, Veritec Iconix Ventures, Inc. (VIVI-Japan; a Japanese company, discontinued April 2005) and VCode Holdings, Inc. (VCode).
Veritec was incorporated in the State of Nevada on September 8, 1982 for the purpose of development, marketing and sales of a line of microprocessor based encoding and decoding system products that utilize Matrix Symbology technology, a two-dimensional barcode technology originally invented by the founders of Veritec under United States patents 4,924,078, 5,331,176 and 5,612,524. As more fully described below, these patents are the property of VCode.
In 1995, an...
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Veritec, Inc. VRTC
We hope everyone enjoyed yesterday's day off from the market, however you chose to spend it. Though today's session is just a short 3 1/2 hours, we are ready to get back to business, starting with recognizing VRTC's performance since we added it to our ticker watchlist.It isnt every day that one of our new picks begins to put up good numbers immediately. Often times it can take read more
Veritec, Inc. VRTC
For the second consecutive day following Monday's initial report on VRTC, the stock both increased in value, and closed the session at its high of day. Yesterday saw the stock trade its highest volume since 2009 with 141,537 shares changing hands, giving rise to a another 6% gained on the day. When added with Monday's gains, our total now stands at 28% in just two days time, leaving read more
Veritec, Inc. VRTC
Despite the markets being down 240pts yesterday, VRTC managed to rattle off a 22% gain following our maiden alert on 4 1/2 times its ten day average volume (total of 34,490). Much of this activity was buying- out of all the shares traded, only 1000 shares were traded at the bid, leaving the purchase to sale ratio at roughly 33:1.
In addition to news out this morning, we noticed read more