Latest delSECUR Corporation Stories

SOUTH BURLINGTON, Vt., Jan. 2, 2013 /PRNewswire/ -- delSECUR CORPORATION is pleased to announce the completion of its non-brokered private placement agreement. The Corporation will issue 1,200,000 Class A common shares from its Treasury at a price of $0.25 per share, raising gross proceeds of $300,000. There are no warrants or options attached to the transaction. delSECUR intends to use the proceeds to complete the second development phase of its authentication prototype unit,...

SOUTH BURLINGTON, Vt., July 16, 2012 /PRNewswire/ -- As previously announced by delSECUR CORPORATION it was in the final stages of dissolving itself and issuing a liquidating dividend in the form of QTECH shares to its shareholders. In order to take advantage of an opportunity for delSECUR and its shareholders, the board of Directors of delSECUR has agreed to acquire, in a private transaction, all of the QTECH shares held by its founding members. Mr. McCormick, President of delSECUR...

SOUTH BURLINGTON, Vt., June 29, 2011 /PRNewswire/ -- As previously announced delSECUR CORPORATION will dissolve itself. Using its only asset, it has now finalized the distribution of QTech shares in satisfaction of its existing debt to its lenders. Mr. McCormick, President of delSECUR stated, "We have distributed 2,716,048 of our block of QTech shares to lenders comprising a total debt in the amount of $1,088,517 CDN. It has not all been picked up yet by lenders and due to a Canadian...

SOUTH BURLINGTON, Vt., May 20, 2011 /PRNewswire/ -- As previously announced delSECUR CORPORATION will dissolve itself and has received majority shareholder approval for such. Using its only asset, it is now finalizing the processing and distribution of QTech shares in satisfaction of its existing debt to all of its lenders. It will now start the process of distributing all of its remaining asset, the balance of QTech shares, to delSECUR CORPORATION shareholders in the form of a...

SOUTH BURLINGTON, Vt., April 15, 2011 /PRNewswire/ -- As previously announced on April 4th, 2011 delSECUR CORPORATION intends to dissolve itself. The Corporation has confirmed that it has now received majority shareholder consent approval and that it will begin to distribute, a portion of its assets consisting of QTech shares to its Lenders. Once completed, it will then distribute its entire remaining asset, the balance of the QTech shares, to delSECUR CORPORATION shareholders in the form...

SOUTH BURLINGTON, Vt., April 4, 2011 /PRNewswire/ -- As previously announced on October 24th, 2009 delSECUR CORPORATION sold 100% of its Intellectual Property including the patents of its del-Id system to QTech Systems Inc. in an Asset Purchase Agreement whereby it acquired 49% of QTech's shares. Since that time and as mentioned in the Press Release on June 22, 2010, QTech's team of engineers has been working diligently on the del-Id prototype development for commercialization. delSECUR...

SOUTH BURLINGTON, Vt., June 22 /PRNewswire-FirstCall/ -- As previously announced on October 24th, 2009 delSECUR sold 100% of its Intellectual Property including the patents of the Del-ID system to an Ontario company, QTECH SYSTEMS INC. in exchange for 49% of shares in QTECH. delSECUR is now pleased to announce leadership changes and appointments to QTECH's Management Team and the appointment of a new Chief Technology Officer, Nelson Leite of Kitchener, Ontario. Mr. Leite brings to QTECH...

SOUTH BURLINGTON, Vt., Nov. 19 /PRNewswire-FirstCall/ -- As previously announced delSECUR CORPORATION had received shareholder approval to sell its Intellectual Property Assets to QTECH SYSTEMS INC., an Ontario company. The agreement was finalized on October 24th and the patent has been officially transferred to QTECH from Pierre de Lanauze on November 17th, 2009. This transaction has resulted in delSECUR CORPORATION becoming the holder of 49% of QTECH's stock. QTECH SYSTEMS INC. is a...

SOUTH BURLINGTON, Vt., Aug. 13 /PRNewswire-FirstCall/ -- delSECUR CORPORATION, a Nevada corporation, (Pink Sheets: DLSC) announced today that its Board of Directors has accepted the majority Consent vote of over 60% of its shareholders in favour of the agreement to purchase the Intellectual Property Assets of delSECUR CORPORATION which was announced on August 4(th). The consideration for such purchase is in the form of a 49% interest in the shares of common stock of Q Tech Systems, Inc.,...

SOUTH BURLINGTON, Vt., Aug. 4 /PRNewswire-FirstCall/ -- delSECUR CORPORATION, a Nevada Corporation, (Pink Sheets: DLSC) announced today that its Board of Directors has accepted, subject to the approval of the majority of the shareholders entitled to vote, an agreement to purchase the Intellectual Property Assets of delSECUR CORPORATION. The consideration for such purchase will be in the form of a 49% interest in the shares of common stock of Q Tech Systems, Inc., an Ontario, Canada...