Terence Bernard Wise, the largest shareholder and member of the board of
directors of Forward Industries, Inc. (NASDAQ:FORD), a designer and
distributor of custom carry and protective solutions, issued a statement
today commenting on the recent ruling by the Supreme Court of the State
of New York in favor of his motion to enjoin Chairman Frank LaGrange
Johnson and affiliated members of Forward's Board of Directors from
pursuing a dilutive stock issuance that Mr.
for Terence Bernard Wise Defeats Entrenched Board’s Latest Effort to Interfere With Forward Shareholders’ Right to Vote; Announces Availability of Definitive Proxy Materials for Upcoming Annual Meeting investment picks