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Poverty Dignified, Inc. Announces Change in CEO and Change in Board Composition

3:26 PM ET 6/3/20 | Dow Jones


Kennewick, Washington--(Newsfile Corp. - June 3, 2020) - Poverty Dignified, Inc. (OTC Pink: PVDG) ("Poverty Dignified" or the "Company") is pleased to announce a change of control and change in management.

Effective June 1, 2020, Chairman of the Board and CEO Matthew Alpeter and CFO George Critz III have transferred voting control and elected James C. Katzaroff as CEO and as Chairman of the board of directors.

Immediately thereafter, Mr. Alpeter and Mr. Critz resigned as CEO and CFO to concentrate on the operational success of Poverty Dignified's wholly owned subsidiary, Sun Ovens International, Inc.

Mr. Katzaroff stated, "I am delighted to lead the Company and our team forward as Poverty Dignified and Sun Ovens continues expanding its business plan. It is my intention to assist the Company and Sun Ovens to further penetrate the marketplace while actively searching to add to our portfolio of opportunities and reviewing several interesting and timely possibilities."

NOTICE REGARDING FORWARD LOOKING STATEMENTS

This news release contains forward-looking information within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, including statements that include the words "believes," "expects," "anticipate" or similar expressions. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

CONTACT

Poverty Dignified, Inc.

www.povertydignified.com

[e-mail]

509.491.0701

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/57195

> Dow Jones Newswires

June 03, 2020 15:26 ET (19:26 GMT)