Company Overview of WatchIt Technologies, Inc.
WatchIt Technologies, Inc., formerly known as Evans Systems, Inc., is a venture capital and private equity firm specializing in incubation, early stage, later stage, emerging growth, leveraged buyouts, strategic acquisitions, recapitalization, growth financing, restructuring, and turnaround investments. It invests in small and micro-cap public companies exclusively involved in some aspect of green technology. The firm prefers to invest in the alternative energies, manufacturing, financial services, real estate, and media sectors with a focus on green technologies. It can take both control and minority stake in its portfolio companies. The firm also takes a seat on the board of directors of i...
229 Airport Road
Arden, NC 28742
Founded in 1968
Key Executives for WatchIt Technologies, Inc.
Chief Executive Officer, President and Director
Chief Operating Officer and Director
Compensation as of Fiscal Year 2014.
WatchIt Technologies, Inc. Key Developments
SEC Orders Hearings On Registration Suspension Or Revocation Against WatchIt Technologies For Failure To Make Required Periodic Filings
Mar 11 14
Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of WatchIt Technologies, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.
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