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wordlogic corp (WLGC) Snapshot

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wordlogic corp (WLGC) Details

WordLogic Corporation, a software company, develops, markets, licenses, and sells data entry software for handheld computing devices. The company offers predictive text solutions that accelerate the entry and retrieval of text and information for personal computing devices, including smartphones, tablets, hybrid touchscreen devices, wearables, and car systems. It develops iKnowU keyboard application for Android powered devices; and WordLogic for Business, a patented predictive text technology that brings text and phrase prediction to the workplace in one solution. The company intends to serve Tier 1 wireless operators in the United States; smartphone original equipment manufacturers; individual corporations; and enterprise software manufacturers. WordLogic Corporation is headquartered in Vancouver, Canada.

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SEC Orders Hearing On Registration Suspension Or Revocation Against WordLogic Corporation For Failure To Make Required Periodic Filings

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 WordLogic Corporation 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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