Bitwise Industries Shares Company Updates
After Company Suspended Operations, Board of Directors Names
The Board of Directors has begun an investigation into what led to these current circumstances and events and is engaging independent experts for support. In his role as Interim President, Douglass will oversee the investigation, drawing on his background in auditing and experience as a former chief financial officer.
"It was an incredibly difficult decision to suspend operations at Bitwise Industries and furlough the hardworking team members. The Board of Directors was recently made aware of the company's cash deficit by management and took immediate action as a result," said Douglass. "The Board of Directors is taking this matter very seriously. We are committed to determining the root cause and will continue to take swift action."
For questions related to Bitwise Industries, please contact [email protected]
About Bitwise Industries
Bitwise Industries creates scalable digital solutions, offering services in Salesforce, DocuSign, and Digital Product Development—using a representative workforce in underestimated cities. To learn more about Bitwise Industries, go to www.bitwiseindustries.com.
Contact
[email protected]
559-341-1784
View original content:https://www.prnewswire.com/news-releases/bitwise-industries-shares-company-updates-301841754.html
SOURCE Bitwise Industries
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