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Re: The Rainmaker post# 44192

Thursday, 02/11/2016 11:21:32 AM

Thursday, February 11, 2016 11:21:32 AM

Post# of 49606
MCIC Change in Control News: MultiCorp International, Inc. Announces the Hiring of Healthcare Executive to Become New Chief Executive Officer

Mr. David Gustafson to Take Over as CEO of Company

SUN VALLEY, CA--(Marketwired - Feb 11, 2016) - MultiCorp International, Inc, (OTC PINK: MCIC) announced today that the company has hired David Gustafson as the new CEO of the company.

The company released the following statement, "MultiCorp International, Inc. is excited to announce that Mr. David Gustafson has taken over the helm of Chief Executive Officer of the company on an interim basis. The current CEO, Mr. Paul D. Lisenby, is taking a leave of absence due to medical reasons. There is no timetable for his return. In the meantime, we welcome Mr. Gustafson aboard as our CEO to spearhead the efforts of the company in the further development of the patented migraine medicine. Mr. Gustafson's 35 years of broad based, comprehensive, professional experience in the health care industry ranging from the operation of hospitals to medical groups, to integrated health delivery systems will benefit the company in developing and managing the 4-Arm Study the FDA is requiring for the migraine medicine, move the drug into further clinical trials, and to look for additional opportunities in the healthcare field for the company that can be capitalized upon to bring in additional revenue and profits. The Board of Directors also stated that they may possibly change the name of the company to further reflect the company's direction in the healthcare sector. The BOD also stated there will be no changes to the share structure of the company at this time."

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