Las Vegas, NV -- (SBWIRE) -- 01/17/2013 -- KIT digital, Inc. (PINK:KITD) is trading at $0.43 with a gain of 2.38 percent in the start of today’s session. Historically KIT digital has traded as high as $12.65 in last one year.
The company has cancelled the grant of restricted stocks to certain officers and directors of the company. The company previously announced to grant restricted stocks to the company management but viewing the company’s previous statement and few other matters, the KIT digital Board of Director decided to cancel the grant of stock for the best interest of the company.
KIT Digital, Inc has been operating in New York since 1998. It has distribution system in America, Middle East, Europe Africa and Asia Pacific. The company develop OTT multi-screen video deployments, KIT clouds, video solutions and video management softwares, for its enterprise clients and for browser operating in mobiles devices, tablets and televisions.
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