Intellicheck Mobilisa Inc. (IDN) announced that following a communication by the Company to the Securities and Exchange Commission, the company has been advised that the SEC is conducting an investigation of certain trading in securities of the Company. The Company takes all securities laws and SEC regulations very seriously and is cooperating with the SEC's inquiry.
In a separate press release, Intellicheck Mobilisa said that it has appointed Mark Armstrong as Senior Vice President of Sales.
Armstrong, 54, has an extensive background in leading sales and business teams. Until 2011 he was Senior Business Development Specialist at Mortgage Advisory Group in Everett, WA, where he developed and established a new business development department, increased territory expansion, and grew production nearly 200 percent over goal, resulting in the company becoming the area's largest private financial institution.
Prior to this, he served as National Business Development/Sales Manager at American Reporting Company in Bothell, WA.
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