Oculus Visiontech Files 8-K with Shareholder Votes and Financials

TL;DR

OVTZ filed an 8-K on Sep 30, 2024, covering shareholder votes, Reg FD, and financials. Check it out.

AI Summary

Oculus Visiontech Inc. filed an 8-K on October 1, 2024, reporting events as of September 30, 2024. The filing indicates a submission of matters to a vote of security holders, a Regulation FD disclosure, and other events, along with financial statements and exhibits. The company is incorporated in Wyoming and its principal executive offices are located in Vancouver, British Columbia, Canada.

Why It Matters

This 8-K filing provides updates on corporate actions, including shareholder votes and financial reporting, which are crucial for investors to understand the company's governance and financial health.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting standard corporate events and financial information, not indicating any immediate significant risks.

Key Players & Entities

• OCULUS VISIONTECH INC. (company) — Registrant
• 0001107280 (company) — Central Index Key
• Wyoming (company) — State of Incorporation
• September 30, 2024 (date) — Date of earliest event reported
• October 1, 2024 (date) — Filing Date

FAQ

Filing Documents

• ovtz20241001_8k.htm (8-K) — 113KB
• ex_728870.htm (EX-99.1) — 49KB
• pic1.jpg (GRAPHIC) — 8KB
• 0001437749-24-030343.txt ( ) — 309KB
• ovtz-20240930.xsd (EX-101.SCH) — 3KB
• ovtz-20240930_def.xml (EX-101.DEF) — 10KB
• ovtz-20240930_lab.xml (EX-101.LAB) — 14KB
• ovtz-20240930_pre.xml (EX-101.PRE) — 11KB
• ovtz20241001_8k_htm.xml (XML) — 3KB

07

Item 5.07. Submission of Matters to a Vote of Security Holders Results of the Annual Meeting of Stockholders An Annual Meeting of Stockholders (the " Meeting ") of the Company was held on September 30, 2024 to approve the agenda items described below. Proxies for the Meeting were solicited pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended, and there was no solicitation in opposition to the Company's solicitation. A total of 54,974,235 shares (60.13% of the 91,422,569 issued and outstanding shares of the Company entitled to vote as of the August 2, 2024 record date for the Meeting) were present in person or by proxy, constituted a quorum for the transaction of business and were voted at the Meeting. The agenda items submitted at the Meeting were passed as described below. Percentages indicated below reflect the percentage of the total number of shares voted at the Meeting with respect to that agenda item. Agenda Item 1. To elect six directors: Nominee For Withheld Anton J. Drescher 47,630,634 (99.09%) 438,479 (0.91%) Fabrice Helliker 47,619,070 (99.06%) 450,043 (0.94%) Maurice Loverso 47,620,029 (99.07%) 449,084 (0.93%) Rowland Perkins 47,626,322 (99.08%) 442,791 (0.92%) Tom Perovic 47,495,811 (98.81%) 573,302 (1.19%) Ron Wages 47,635,631 (99.10%) 433,482 (0.90%) There were 6,905,122 broker non-votes with respect to the election of directors. Votes that were withheld and broker non-votes were counted for the purposes of determining the presence or absence of a quorum but had no other effect on the election of directors. Agenda Item 2. To ratify the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The votes cast for or against this agenda item, and the number of abstentions, were as follows: For Against Abstain 54,298,826 (98.77%)

01

Item 7.01 Regulation FD Disclosure On October 1, 2024 the Company issued a news release to announce the results of the Meeting. The Meeting was held on September 30, 2024 in Vancouver, British Columbia. All resolutions put forward at the meeting were approved by shareholders. A total of 54,974,235 common shares, representing 60.13 % of the votes attached to all outstanding shares as at the record date of the meeting, were represented at the Meeting. The following individuals were elected, by ballot, as directors of the Company: Anton J. Drescher, Fabrice Helliker, Maurice Loverso, Rowland Perkins, Tom Perovic, and Ron Wages. The detailed results of voting by ballot in respect of the election of directors were as follows: Votes For (#) Votes For (%) Votes Against or Withheld/Abstain (#) Votes Against or Withheld/Abstain (%) Election of Anton J. Drescher 47,630,634 99.09 % 438,479 0.91 % Election of Fabrice Helliker 47,619,070 99.06 % 450,043 0.94 % Election of Maurice Loverso 47,620,029 99.07 % 449,084 0.93 % Election of Rowland Perkins 47,626,322 99.08 % 442,791 0.92 % Election of Tom Perovic 47,495,811 98.81 % 573,302 1.19 % Election of Ron Wages 47,635,631 99.10 % 433,482 0.90 % Note: Routine US broker-vote shares voted without beneficial owner instructions are only eligible to vote for the appointment of auditors. Accordingly, 6,905,122 common shares were represented by proxy, but not voted. - 3 - By a resolution unanimously passed, Davidson & Company LLP, Chartered Professional Accountants, were appointed as the auditors for the Company for the fiscal year ending December 31, 2024 and, in accordance with the Articles of the Company, the directors were authorized to fix the auditors remuneration. By a resolution, the shareholders unanimously ratified and approved the continuation of the Company's Omnibus Equity Incentive Compensation Plan. By a resolution, the shareholders una

01

Item 8.01 Other Events On September 30, 2024, the Company's Board of Directors convened a meeting immediately following the Meeting and reappointed the following officers: Roland Perkins President and Chief Executive Officer; Anton J. Drescher Corporate Secretary and Chief Financial Officer. SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits Exhibit Description 99.1 News Release dated October 1, 2024. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document). - 4 -

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OCULUS VISIONTECH INC. DATE: October 1, 2024 By: /s/ Anton J. Drescher Anton J. Drescher Corporate Secretary and CFO - 5 -

View Full Filing

View this 8-K filing on SEC EDGAR