Visionstate Corp Announces Successful Virtual AGM with Key Updates on Board Appointments and Business Expansion

About this update from Visionstate Corp.

[{"type":"text","content":"Visionstate Corp Announces Successful Virtual AGM with Key Updates on Board Appointments and Business Expansion \n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Edmonton, AB – August 6, 2024\n \n\n\n –\n \n\n TheNewswire –\n \n\n Visionstate Corp. (TSXV: VIS), a leader in Internet of Things\n(IoT) technology and innovation, is pleased to announce the successful\ncompletion of its virtual Annual General Meeting (AGM) held on\nWednesday, July 31, 2024. The meeting was marked by significant\napprovals and exciting updates on the company's future.\n \n\n\n\n\n Board Appointments and\nControl Position Approval\n \n\n\n\n\n Shareholders voted overwhelmingly in favour of all\nofficial business items presented at the AGM. This includes the\nappointment of a new board, which will be led by Jim Duke as Chairman,\nalongside Belinda Davidson and John Putters. Their collective\nexpertise is expected to drive Visionstate Corp. forward in its next\nphase of growth and innovation.\n \n\n\n\n Additionally, shareholders approved the establishment\nof a new control position, which removes prior investment\nrestrictions. This pivotal decision enables Visionstate Corp. to\nproceed with its private placement, which is anticipated to close on\nor about August 15, 2024. This development is a key milestone for the\ncompany, positioning it for enhanced flexibility and growth\nopportunities.\n \n\n\n\n\n Business Operations\nand Strategic Expansion\n \n\n\n\n\n Visionstate IoT Inc. President Shannon Moore provided a\ncomprehensive update on the company's business operations. Key\nhighlights include:\n \n\n\n\n\n\n\n Expansion in\nCanada:\n \n\n\n Visionstate is extending its\nreach into secondary educational institutions across the country. The\nCompany\n \n\n is currently is negotiations to expand\nits reach into multiple secondary educational institutions across the\ncountry.\n \n\n As well, an additional 12 buildings at Queens University is slated\nfor WANDA deployment in the near future.\n \n\n\n\n\n\n\n European Market\nPenetration:\n \n\n\n The company is broadening\nits footprint in European hospitals, with a focus on facilities in\nBelgium. Visionstate has already deployed WANDA to Belgian hospitals\nand seeks to expand the install base throughout Europe.\n \n\n\n\n\n\n\n U.S. Market\nGro...

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