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Thursday, November 30, 2017 1:00:22 PM
cjstocksup Member Level Thursday, 11/30/17 12:57:49 PM
Re: Charliebee post# 5195
Post #
5198
of 5198 Go
Here are the facts. PTOP has a new CEO his name is Mr. Bento! He has a very impressive background and history. On January 11, 2017, the Board of Directors appointed James A. Bento as Chief Executive Officer of the Company CEO. Pursuant to this appointment, the Company and Mr. Bento entered into an Executive Employment Agreement dated January 11, 2017. The material terms of such agreement are: (i) $6,750 monthly cash salary, (ii) a grant on June 11 ,2017 of the greater of 1,000,000 shares of common stock or that number of shares equaling 1.25% of the issued and outstanding shares of common stock as of June 11, 2017, and (iii) 6 month base salary severance in case of termination without cause.
Mr. Bento is an entrepreneur that started his career after Bentley University as an Assistant Controller in the garment industry in Boston. After receiving his MBA from Bryant University, he became the CFO of Kloss Video Corporation of Cambridge, MA, which he took public through an Initial Public Offering (IPO). He then took two other companies through IPO’s; Flexwatt Corporation and DSL.net Inc.
Mr. Bento, from 1988 to 1998, was CFO of Trumpf, Inc., the third largest German machine-tool builder in the world that purchased the industrial laser division of Combustion Engineering, to bring laser cutting and welding technologies into the US market which grew from $60M to $600M in less than 6 years. After Trumpf, from 1998 to 2007, Bento worked in Research & Development in the Mergers & Acquisitions group at Pfizer Inc. and spent the following 18 years bringing new technologies to the market. His positions from 2007 to 2112 included COO of Boston BioCom, Inc., that commercialized technology from Russia, in 2012, CEO of Ikonisys, Inc. that developed a diagnostic cancer screening test with the use of a robotic digital microscope and from 2012 to 2015, the CRO, Inc., a controlled substance testing laboratory for the healthcare industry. Mr. Bento from 2015, had recently been CEO of Movia Robotics to market new robot assistive teaching therapies to schools to help children in special education classes learn social, communication and academic skills with the use of a semi-autonomous humanoid robot.
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