On December 21, 2006 the Board of Directors of GS AgriFuels appointed Tom Scozzafava to the positions of President and Chief Executive Officer. Mr. Scozzafava accepted the positions on December 26, 2006. During the past year Mr. Scozzafava has been involved in the business of GS AgriFuels by reason of his employment as Chief Operating Officer at GS AgriFuels and as Vice President of Acquisitions of GreenShift Corporation, which is the majority shareholder of GS AgriFuels. GS AgriFuels has issued 399,792 shares of common stock to Mr. Scozzafava in compensation for those services. Information regarding Mr. Scozzafava follows:
Tom Scozzafava. From 2005 to the present, Mr. Scozzafava has been employed by GreenShift Corporation as Vice President of Acquisitions and Investments. From 2002 to the present, Mr. Scozzafava has been employed as the Chief Financial Officer of WiseBuys Stores, a chain of retail stores, where he also serves on the Board of Directors. From 1997 to 2002 Mr. Scozzafava was employed by Prudential Securities as a Director, with responsibility for investing the firm's principal. In 2006, Mr. Scozzafava was appointed a Trustee of the New York State Power Authority. Mr. Scozzafava was awarded a B.A. by Hamilton College in 1992. He is 38 years old.
