January 22, 2017 5:35 AM ET


Company Overview of iGAMBIT, Inc.

Company Overview

iGAMBIT, Inc. is a holding company. The company, through its subsidiaries, offers email archive solutions to domestic and international businesses through hardware and software sales, support, and maintenance. In addition, it focuses on acquiring technology companies. iGAMBIT, Inc. was formerly known as bigVAULT Storage Technologies, Inc. and changed its name to iGAMBIT, Inc. in July, 2006. The company was founded in 1996 and is based in Smithtown, New York. iGAMBIT, Inc. operates as a subsidiary of Digi-Data Corporation.

1050 West Jericho Turnpike

Suite A

Smithtown, NY 11787

United States

Founded in 1996

14 Employees





Key Executives for iGAMBIT, Inc.

Chairman, Interim Chief Executive Officer and Interim President
Age: 78
Total Annual Compensation: $46.6K
Chief Financial Officer, Principal Accounting Officer, Executive Vice President, General Counsel and Director
Age: 52
Total Annual Compensation: $60.6K
Compensation as of Fiscal Year 2015.

iGAMBIT, Inc. Key Developments

iGAMBIT, Inc. announced delayed 10-Q filing

On 11/14/2016, iGAMBIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

iGAMBIT, Inc. Announces Management Changes

On October 24, 2016, the Board of Directors of iGambit Inc. unanimously voted to remove Rory T. Welch as its president and Chief Executive Officer. On October 24, 2016, Board of Directors unanimously voted to appoint John Salerno as its interim President and Chief Executive Officer, to replace its current president and chief executive. Officer Rory T. Welch. Mr. Welch will remain in the role of Chief Executive Officer and President of Subsidiary Wala, Inc.

iGAMBIT, Inc. Announces Resignation of John Keefe and James Charles from the Board and Responsibilities on the Audit and Compensation Committees

On September 14, 2016, the Board of Directors of iGambit Inc. accepted the resignation of Mr. John Keefe and Mr. James Charles from the Board and related responsibilities on the Audit and Compensation Committees. Mr. Keefe and Mr. Charles's resignation was not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices. The Board will reduce the size of the Board to three members effective immediately until replacements for Mr. Keefer and Mr. Charles are found. Mr. Charles will be an advisor to the Board.

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