BYLAW

Stockholder Group Reminds Fellow Evercel Stockholders of the Choice at Hand at the Upcoming Annual Meeting: Add Three New Directors to the Board to Improve the Company’s Transparency, Liquidity and Performance or Continue the Status Quo of Declining Ope

Retrieved on: 
Monday, October 4, 2021

NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- James D. Gerson and Richard A. Krantz (collectively, the “Stockholder Group” or “we”), the collective owners of approximately 12.0% of the outstanding voting stock of Evercel, Inc. [OTC Pink: EVRC] (“Evercel” or the “Company”), today issued the following statement in response to the Company’s recent letter to stockholders:

Key Points: 
  • Mr. Allens Corona Park Investment Partners, Inc. also received in fiscal 2021, a $1 million transaction fee for completing the ZAGG acquisition.
  • The Stockholder Group Desires Accountability at Evercel and is Aligned with ALL Evercel Stockholders.
  • This Annual Meeting is being held because the Stockholder Group took action to force the Company to hold a meeting.
  • 3) Please vote each and every BLUE voting form you receive since you may hold shares in more than one account.

Stockholder Group Urges Evercel, Inc. Stockholders to Vote the BLUE Proxy Card Today to Avoid Being Disenfranchised at the Annual Meeting

Retrieved on: 
Thursday, September 30, 2021

NEW YORK, Sept. 30, 2021 (GLOBE NEWSWIRE) -- James D. Gerson and Richard A. Krantz (collectively, the “Stockholder Group” or “we”), the collective owners of approximately 12.0% of the outstanding voting stock of Evercel, Inc. [OTC Pink: EVRC] (“Evercel” or the “Company”), today issued the following statement in response to the Company’s recent letter to stockholders:

Key Points: 
  • Here are the key points:
    The Stockholder Group has no intention of seeking control of the Company or making any rash management changes.
  • Do NOT return the white proxy card and make sure your voice is heard by voting the BLUE proxy card today.
  • If you have already voted Evercels white proxy card or provided your vote to their proxy solicitor over the phone, a later-dated vote on the BLUE card will revoke your prior vote.
  • You will need your control number which appears on your BLUE proxy card and/or BLUE voting instruction form.

Stockholder Group Issues Statement to Evercel, Inc. Stockholders: Focus on the Important Opportunity to Transform the Board at Evercel’s Upcoming Annual Meeting

Retrieved on: 
Wednesday, September 29, 2021

NEW YORK, Sept. 29, 2021 (GLOBE NEWSWIRE) -- James D. Gerson and Richard A. Krantz (collectively, the “Stockholder Group” or “we”), the collective owners of approximately 12.0% of the outstanding voting stock of Evercel, Inc. [OTC Pink: EVRC] (“Evercel” or the “Company”), today issued the following statement in response to the Company’s recent letter to stockholders:

Key Points: 
  • Mr. Gerson agreed to voluntarily resign from the Board in connection with the Companys agreement to finally hold the Annual Meeting by October 7, 2021.
  • Contrary to the Companys recent letter, Mr. Gerson was not forced to resign from the Board.
  • Mr. Gerson is not the cause of the delay in issuing the Companys 2021 audited financials.
  • 3)Please vote each and every BLUE voting form you receive since you may hold shares in more than one account.

Stockholder Group Mails Proxy Statement and BLUE Proxy Card in Connection with Evercel Inc.’s 2021 Annual Meeting of Stockholders

Retrieved on: 
Monday, September 27, 2021

NEW YORK, Sept. 27, 2021 (GLOBE NEWSWIRE) -- James D. Gerson and Richard A. Krantz (collectively, the “Stockholder Group” or “we”), the collective owners of approximately 12.0% of the outstanding voting stock of the Company, today announced that it has mailed a proxy statement and BLUE proxy card to solicit votes in favor of its three business proposals seeking to amend Evercel’s Bylaws in order to allow stockholders to expand the size of the Board of Directors (the “Board’) and fill the resulting vacancies with its slate of three highly-qualified directors – Daniel Lewis, Richard Lewisohn III and Alan Mitrani (the “Nominees”) – at the Company’s annual meeting of stockholders scheduled to be held virtually at 10:00 a.m. Eastern Time on Thursday, October 7, 2021 (the “Annual Meeting”).

Key Points: 
  • The Stockholder Group notes that the Companys 2021 financial statements are still not available, despite the year ending almost 6 months ago.
  • The Stockholder Group has concerns with the level of compensation paid to the Companys CEO, Daniel Allen, despite the Companys underperformance.
  • The Stockholder Group believes this announcement was a direct reaction to our proxy statement and proposals, and is intended to distract stockholders from the Companys longstanding lack of performance.
  • Please follow the instructions located on your BLUE proxy card and/or BLUE voting instruction form.