Hoffman Estates, IL -- December 08, 2017 -- InvestorsHub
NewsWire -- Wellness Center USA, Inc. (OTCQB: WCUI), today announced the
appointments of Mr. Paul D. Jones as the Company's President,
Thomas E. Scott, CPA, as the Company's Secretary, and a
Compensation Committee consisting of Messrs. Jones, Scott and Mr.
William E. Kingsford. All elected roles became effective
immediately and shall serve until the next annual meeting of the
Company's stockholders.
On December 1, 2017, the Board of Directors consisting of Andrew J.
Kandalepas, Jay Joshi, M.D. and recent appointees; Messrs.
Kingsford, Scott, Jones, and Mr. Roy M. Harsch, accepted the
voluntary resignation of Mr. Kandalepas, as President, and
appointed Mr. Jones as President. Mr. Kandalepas will continue as
CEO and Chairman.
The Board of Directors also accepted the voluntary resignation
of Dr. Joshi, as Secretary, and appointed Mr. Scott as Secretary.
Dr. Joshi will continue as a director.
Additionally, the Board of Directors appointed a Compensation
Committee consisting of Messrs. Jones, Scott and Kingsford. None of
such appointees will participate in any determination or
recommendation relating to any compensation or benefits to be
provided to themselves.
Further, the Board of Directors accepted the engagement of
Element 78, LLC to serve as Strategic Advisors of the Corporation.
Element 78 will provide executive services consisting of ongoing
strategic, financial, and operational advice. Executive services
will be provided by the principals of Element 78. For more
information on Element 78, visit: http://www.e78advisors.com
Wellness Center USA's new President, Paul D. Jones, commented,
"I am pleased to serve on the Company's Board as well as help
management achieve its business ambitions. Armed with premier
technologies and an astute and motivated newly formed board and
management, I am confident our future is not only bright but will
evolve quickly. We will work diligently, as a team, to fully engage
and empower every human asset available to capture the vast
opportunities and accelerate growth. Our team's mission is to let
the world know the millions of patients Psoria-Light can help and
the serious safety/security problems Stealth Mark can resolve,
ranging from homeland security to sex trafficking. I have resided
on many company boards and have never seen technologies like
ours."
Biographical information of new board and management members is as
follows:
Mr. Jones was initially engaged in the sales, distribution, and
product development of recreational products. For over 38 years, he
has operated a landscape design and construction firm ranked among
the top 15% nationally and recipient of many awards, including the
2008 Small Business of the Year Award from the Wausau Wisconsin
Regional Chamber of Commerce ("WWRCC"). He has served the WWRCC as
Business Advocacy Chair, and as a member of the Board of Directors
for nine years. In 2008 he declined a solicitation to run for the
Wisconsin State Assembly, but from 2012 to 2014 chaired a citizen's
board panel addressing operational issues at the Marathon County
Jail.
Mr. Scott is a CPA, with CEO and CFO experience in several
industries, including real estate development and sales, mortgage
banking, food service and retail industries. He has served as an
officer and director of numerous not-for-profit organizations,
including the Boy Scouts, Rotary, and Sigma Chi Fraternity Housing
Corporation at the University of Arizona, and BDFC, the major local
business development corporation (SBA lender) in Arizona. He
co-founded and served as treasurer for FEAT, a CFO organization in
Southern Arizona. Mr. Scott has a BA in accounting from the
University of Arizona and MA work in taxation from Golden State
University.
Mr. Kingsford was a leading member of the Chicago-based real
estate firm that became known as LaSalle Partners. He is
experienced in finance, equities, real estate and business
operations. For the past twenty years, he has owned and managed
Spruce Point Tree Farm, LLC, a fully-integrated farming operation
that grows Grade A-quality Blue Spruce sold to the leading
wholesale distributor and landscape businesses throughout Colorado.
He has a BA and MA from Western Michigan University.
Mr. Harsch has practiced environmental law for over 40 years. He
served as the administrative assistant to the Chairman of the
Illinois Pollution Control Board, and as an attorney and a
supervising engineer with the United States Environmental
Protection Agency, Region V, in Chicago. He served as senior
counsel to Drinker, Biddle & Reath LLP until 2015, when he
formed his own private firm through which he continues to serve a
select group of existing clients. Mr. Harsch was on the Foundation
Board of Delnor Community Hospital in Geneva, Illinois for over 14
years and served as a member and chair of the Chicago Bar
Association Environmental Committee. He received a BA in chemical
engineering from Iowa State University, and a JD and an MS in
environmental engineering from the University of Iowa.
About Wellness Center USA, Inc.
Wellness Center USA, Inc. (www.wellnesscenterusa.com) is a hybrid healthcare
company that combines best in class technologies, software,
devices, providers, protocols, goods, and services. It was created
to address important healthcare and wellness needs via breakthrough
solutions, all centered around the "well-being of the body and
mind". Wellness Center USA, Inc. is the parent company of two
businesses reporting consolidated: Stealth
Mark and Psoria-Shield.
Safe Harbor Statement:
Certain statements and projections contained in this
presentation that are not statements or financial results of
historical fact constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements and projections include statements regarding any
proposed exchange transactions, the anticipated closing date of
such transactions and future results following a closing of the
transactions. Forward-looking statements can be identified by the
fact that they do not relate strictly to historical or current
facts. They often include words like "believe," "expect,"
"anticipate," "pending", "estimate," and "intend" or future or
conditional verbs such as "will," "would," "should," "could," or
"may." While it is not possible to identify all factors, risks and
uncertainties that might relate to, affect or arise from the
proposed transactions and plans which might cause actual results to
differ materially from expected results, such factors, risks and
uncertainties include delays in completing the transactions,
difficulties in integrating operations following the transactions,
difficulties in manufacturing and delivering products, potential
market rejection of products or services, increased competitive
pressures, changes in general economic conditions, legislative and
regulatory changes that adversely affect the business in which the
parties are engaged, changes in the securities markets and other
factors, risks and uncertainties disclosed from time to time in
documents that the Company files with the SEC.
Contact Info:
At Wellness Center USA, Inc.
Tel: (847) 925-1885
www.wellnesscenterusa.com
Wellness Center USA (PK) (USOTC:WCUI)
과거 데이터 주식 차트
부터 8월(8) 2024 으로 9월(9) 2024
Wellness Center USA (PK) (USOTC:WCUI)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024
