Key Developments: Crexendo Inc (EXE.A)
3.00USD
2 Jul 2013
$-0.07 (-2.28%)
$3.07
$2.97
$3.00
$2.97
400
1,300
$3.85
$2.00
Latest Key Developments (Source: Significant Developments)
Crexendo Inc Announces Asset Purchase Of PBX Holdings, LLC-DJ
Dow Jones reported that Crexendo Inc announced the asset purchase of PBX Holdings, LLC d/b/a PBX Central, a premium provider of hosted telephone services for business, effective June 1, 2013. PBX Central provides an advanced hosted platform of highly reliable features and benefits to both end user businesses and value added resellers. PBX Central offers hosted communications service to more than 40 service provider partners and tens of thousands of end user customers. This purchase will transfer the complete technology, infrastructure and customers of PBX Central to Crexendo. While Crexendo is not acquiring any employees in the transaction, Crexendo has entered into a consulting agreement with one of the principals to assure a smooth transition and no disruption to any customers. Full Article
Crexendo Inc Announces Suspension Of Dividend
Crexendo Inc announced that it has suspended its quarterly dividend program. Full Article
Crexendo Inc Announces Dividend
Crexendo Inc announced July 6, 2012 its Board of Directors declared a quarterly cash dividend of $0.02 per share on the company's common stock. The dividend is payable on July 24, 2012 to stockholders of record as of July 17, 2012. Full Article
Crexendo Inc Announces Senior Management Changes
Crexendo Inc announced that it has appointed Doug Gaylor as its President and Chief Operating Officer (COO). Mr. Gaylor has been VP of sales for Crexendo since October 2009. Jon Erickson has resigned from the position of Chief Financial Officer (CFO) effective immediately. Mr. Erickson will remain with the company in a transition period through the end of June 2012. He will continue as a consultant through the end of October 2012 to assist with the transition. The Company has appointed Ron Vincent as its CFO. Mr. Vincent was recently hired as VP of Finance for Crexendo. Full Article
Crexendo Inc Announces Quarterly Dividend
Crexendo Inc announced on March 14, 2012 its Board of Directors declared a quarterly cash dividend of $0.02 per share on the company's common stock. The dividend is payable on April 4, 2012 to stockholders of record as of March 28, 2011. Full Article
Crexendo Inc Announces Resignation Of President
Crexendo Inc announced the resignation of its Chief Operating Officer (COO) and President, Clint Sanderson. The resignation was tendered January 2, 2012. Mr. Sanderson is leaving to pursue other business opportunities. The Company has appointed Steven G. Mihaylo, who is the Chief Executive Officer to assume the role of COO and President. Full Article
Crexendo Inc Announces Quarterly Dividend
Crexendo Inc announced that its Board of Directors declared a quarterly cash dividend of $0.02 per share on the company's common stock. The dividend is payable on January 6, 2012 to stockholders of record as of December 30, 2011. Full Article
Crexendo Inc Announces Quarterly Dividend
Crexendo Inc announced that its Board of Directors declared a quarterly cash dividend of $0.02 per share on the Company's common stock. The dividend is payable on October 14, 2011 to stockholders of record as of October 10, 2011. Full Article
Crexendo Inc Comments On Q3 2011 Charge Guidance
Crexendo Inc announced that during the second quarter 2011, it had $1,075,000 in impairment and other charges associated with this restructuring and expect to have additional charges beginning in the third quarter 2011. Full Article

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