KIT Digital (KITD) -56.5% premarket after Wednesday's announced restatement of prior period...

|About: KIT digital, Inc. (KITD)|By:, SA News Editor

KIT Digital (KITD) -56.5% premarket after Wednesday's announced restatement of prior period financial statements and postponement of Q3 2012 results. This morning, KITD's former Chairman/CEO urges the company to discuss his acquisition offer and conduct an open and transparent sale process.