CHICAGO, October 20, 2016 /PRNewswire/ --
Scepter Holdings, Inc. (OTC: BRZL), is pleased to announce the appointment of Leonard K Armenta Jr as Chief Executive Officer, President and Chairman of the Board.
Current management and staff, including CEO/President, James Hicks have resigned to pursue other goals. James Hicks, from time to time, may consult on behalf of Scepter Holdings, Inc., to assure in a smooth management transition.
After much screening, consideration, and due diligence, Senior Management appointed Leonard K Armenta Jr as the incoming CEO. Mr. Armenta will also assume concurrent roles as President, Treasurer and Secretary of the Company as well as serve as Chairman of the Board.
Mr. Armenta Jr brings to Scepter Holdings a long-standing track record of business development marketing, sales and management experience. Mr. Armenta has spent the last 15+ years in sales, marketing and corporate management as well as consulting both public and private companies. He has helped build, work and consulted for several well known public companies including; MusclePharm, a Top Sports Nutrition and beverage company, with revenues over $100mm and Creative Edge Nutrition a Sports Nutrition and formally a MMJ company. Mr. Armenta will focus on establishing and building a successful brand, engaging new investors, building shareholder value, new product development, R&D, and acquisitions of existing revenue generating companies.
Leonard K Armenta Jr said, "I would like to thank Scepter Holdings Inc. for allowing me to take the helm of this great company. I know that former management has spent countless hours building the company and acquiring companies to drive the success of Scepter. Upon the completion of my transition into Scepter Holdings Inc., my job is to focus on raising capital for BRZL, maintain relationships with existing shareholders, growing the revenue and assets of the company through diversifying our portfolio. I already have my eye on a few companies that we will bring into Scepter Holdings and will put on the right path to success. I expect to close on at least one of these companies within the next 1-2 week" As part of this transition shareholders can expect a new symbol and name change to take effect once this new direction is implemented".
Forward Looking Statement Disclosure
This news release contains "forward-looking statements," as that term is defined in section 27a of the united states securities act of 1933, as amended, and section 21e of the united states securities exchange act of 1934, as amended. statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate," "anticipate," "believe," "plan" or "expect" or similar statements are forward-looking statements. risks and uncertainties for the company include, but are not limited to, the risks associated with renewable energy and needs for funding as well as other risks . other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the company's ability and level of support for development activities. there can be no assurance that the company's development efforts will succeed and the company will ultimately achieve commercial success. these forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the company's periodic reports filed from time-to-time.
This news release has been prepared by management of the company who takes full responsibility for its contents. no regulatory body neither approves nor disapproves of the contents of this news release. this news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
SOURCE Scepter Holdings, Inc.