NXT-ID Inc. (NXTD) Social Stream

NXT-ID Inc. (NXTD): $2.42

0.13 (-5.10%)

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Industry: Technology - Hardware




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$NXTD Can someone shed any light on this? Here is an excerpt from the July 15, 2021 NXT-ID SEC 8K:
Prior to the Company’s engaging Ms. Simmons as Chief Executive Officer, Mr. Miceli and the Company had been in discussions relating to continuing his position as Chief Financial Officer of the Company or terminating his employment. Mr. Miceli and the Company were unable to come to a mutual agreement on the terms of his continued employment with the Company and on July 10, 2021, the Company provided Mr. Miceli with a letter (the “Employment Termination Letter”), in which the Company informed Mr. Miceli that it was terminating the Employment Agreement, his services as Chief Executive Officer and Chief Financial Officer of the Company and his employment, for “Cause”.
And here is an excerpt from the 8K filed today:
boredwatcher, published August 13, 2021

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