Intelligent Systems Responds to Recent “Short and Distort” Reports and Schedules Upcoming Conference Call
Intelligent Systems Corporation (INS)
NASDAQ:AMEX Investor Relations:
verint.com/investor-relations/index.html
Company Research
Source: GlobeNewswire
NORCROSS, Ga., June 03, 2019 (GLOBE NEWSWIRE) -- On May 24 and May 30, 2019, separate commentaries about Intelligent Systems Corporation were released by Aurelius Value and Grizzly Reports. The anonymous authors never contacted the company for clarifications or answers to any questions they may have. Had they done so, Intelligent Systems would have pointed out factual errors, incomplete information and erroneous conclusions which are rebutted by Intelligent Systems’ public filings and other publicly available information. As an example, one report stated: “We believe that Intelligent Systems Corp. (INS) has its employees set up or take control of undisclosed shell companies in Asia, who then partake in undisclosed related party transactions with INS intended to either round-trip revenue back to INS or siphon money out of the company.” This statement is a complete falsehood in that Intelligent Systems has NEVER had an employee set up undisclosed companies or take control for the b
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