Visium Technologies, Inc 8-K, filed Apr 16, 2021
Visium Technologies, Inc. (VISM)
8-K
2021-04-16
For: 2021-04-15
View Original
Added on
April 10, 2026
About this 8-K
Visium Technologies, Inc filed this 8-K on April 16, 2021, reporting on events of April 15, 2021.
Items reported
- Item 7.01: Regulation FD disclosure
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act
of 1934
Date of Report (Date of earliest event reported): APRIL 15,
2021
VISIUM TECHNOLOGIES, INC.
(Exact name of Registrant as specified in its charter)
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Florida
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000-25753
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87-04496677
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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4094 Majestic Lane, Suite 360
Fairfax, Virginia 22033
(Address of principal executive offices, including zip
code)
(703) 273-0383
(Registrant’s telephone number, including area
code)
Check
the appropriate box below if the 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant
under any of the following provisions:
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☐
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Written
communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c)).
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Securities
registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common
Stock, $0.0001 Par Value
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VISM
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OTC
Pink
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Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).
Emerging
growth company ☐
If an
emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On
April 15, 2021 we issued a press release which provided an update
to investors. A copy of the press release is attached hereto as
Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
Set
forth below is a list of exhibits to this Current Report on Form
8-K:
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Exhibit Number
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Description
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99.1
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Visium Technologies, Inc. press
release dated April 15, 2021 announcing Investor
Update
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Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Date:
April 16, 2021
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VISIUM
TECHNOLOGIES, INC.
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By:
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/s/
Mark Lucky
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Mark
Lucky
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Chief
Executive Officer
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INVESTOR UPDATE FOR VISIUM TECHNOLOGIES, INC.
FAIRFAX,
VA April 15, 2021 (ACCESSWIRE) –Visium Technologies, Inc.
(“Visium” or the “Company”) (OTCPINK:
VISM), a provider of real-time cybersecurity, context-focused
analysis and predictive visualization technologies today released an Investor Update Letter from the
Company:
Dear Investors,
As an update on the Company’s current activities, Visium's
management is providing all existing and potential investors the
latest information on developments with the company. Please
be advised – this letter is not a substitute for reviewing
our press releases and SEC filings. Some of this update is opinion
– so be sure to note the forward-looking statements
disclosure at the end. We want to simplify the complexity and
put our latest news items in context and keep you updated on our
activities and events that may not rise to the level of a press
release or SEC filing. If you have additional questions, you can
reach us at IR@visiumtechnologies.com.
We continue to work diligently to become a world-class
cybersecurity and digital risk management company, with a focus on
overlaying context to cybersecurity and business critical
data-sets, with intuitive visualizations. Internet of Things,
(“IoT”), threat identification, and big-data
analytics. We have :
1) Deployed our new web site and digital
presence: www.visiumtechnologies.com,
which now better reflects the Company’s
capabilities
2) Enhanced CyGraph to enable real-time
streaming data ingestion and analysis, including native ingestion
of Nessus, NetFlow and Splunk®
data
3)
Entered into technology partnerships and integration agreements
with several technology partners, and undertaken development and
integration of CyGraph into those technologies
4)
Begun development efforts to enable enhanced customer/user
experience by automating the onboarding process and improving the
user interface (UI) visualization capabilities
Our efforts to partner with technology companies are driven by two
factors:
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First, CyGraphTM
is a phenomenal technology that
complement and significantly enhances the capabilities of existing
cyber tools and technologies by providing the missing element,
TrueContextTM.
The companies that we are partnering with will be able to offer
CyGraph’s analytics and visualization capabilities as a boost
to their customer’s current cyber and data analytics
capabilities; And
●
Secondly,
these partnerships will increase the market awareness of CyGraph
and highlight the proprietary upgrades that Visium has developed.
These technology partnerships represent a channel for sales that
should begin to produce results for Visium in the near
future.
As mentioned, the additional key focus of our development efforts
has been on improving the customer experience and building
automation into the CyGraph platform. This will be a key to
enabling our growth and success at scale.
During the age of COVID some of these efforts have taken longer
than anticipated, but this cycle of development activity is well
underway and will position the Company for significant
growth.
In addition to our business and product development activities, we
have filed a lawsuit in the United States Bankruptcy Court against
the parties who filed the involuntary bankruptcy petition against
us in December 2020. The Court found in the involuntary bankruptcy
case that the action against the Company was brought in bad faith
and allowed us to bring this action against the original
plaintiffs. We are seeking damages for attorneys’ fees and
costs, as well as compensatory and punitive damages. This case will
play out over the coming months.
Also, we recently filed an S-3 registration statement with the
Securities & Exchange Commission. This registration is commonly
referred to as a shelf registration, as it allows us to raise money
from accredited investors at any time over a three-year period.
Having this shelf registration will allow us to raise capital on an
as-needed basis at the most favorable terms possible.
The future of Visium is clear and bright, as the data modeling,
analysis and visualization market is open to a solution such as
CyGraph to fill context gap. We have an incredibly talented
team that we continue to augment with seasoned professionals. Our
latest additions to the team are focused on sales and marketing.
That is our priority now that the cycle of product development on
our latest software release is concluding. We are building a great
company and remain committed to pursuing initiatives that maximize
value for all Visium stakeholders. We will continue to update our
investors with our progress in the coming weeks.
I sincerely appreciate your continued support and confidence in our
efforts.
Best,
Mark Lucky
CEO, Visium Technologies, Inc.
About Visium Technologies, Inc.
Visium
Technologies, Inc. (OTC PINK:VISM) is a Florida corporation based
in Fairfax, Virginia, focused on global cybersecurity clarity,
machine learning, advancing technology and automating services to
support enterprises in protecting their most valuable assets -
their data, business applications, and IoT on their networks and in
the cloud.
For
more information, please visit www.visiumtechnologies.com
Safe Harbor Statement: Under the Private Securities
Litigation Reform Act of 1995: This release includes
forward-looking statements that reflect management's current views
with respect to future events and performance. These
forward-looking statements are based on management's beliefs and
assumptions and information currently available. The words
"believe," "expect," "anticipate," "intend," "estimate," "project"
and similar expressions that do not relate solely to historical
matters identify forward-looking statements. Investors should be
cautious in relying on forward-looking statements because they are
subject to a variety of risks, uncertainties, and other factors
that could cause actual results to differ materially from those
expressed in any such forward-looking statements. These factors
include, but are not limited to, any inability to meet the NYSE
American continued listing standards in the future for any reason,
and those other factors described in our filings with the U.S.
Securities and Exchange Commission. Any responsibility to update
forward-looking statements is expressly disclaimed.
Contact:
Visium
Technologies, Inc.
Corporate:
Mark Lucky, Chief Executive Officer
IR@visiumtechnologies.com
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Corporate
Office:
4094
Majestic Lane Suite 360
Fairfax,
VA 22033
Phone:
703-273-0383
Investor Relations:
Peter
Nicosia
Bull in
Advantage, LLC
Phone:
585-703-6565
Email:
Info@BlueHorseshoeStocks.com