Transparency. Accountability. Competency. It is Time for a True Change!
The ECT Recovery Committee has a plan to right the ship and put the Company back on course
towards transparency, accountability and competency.
In light of the depth of our past experience, we are uniquely positioned to help turn Effective
Control Transport around. We will do everything within our power to save the Company that we worked
so hard to build during our tenure. With your support and a lot of hard work by a passionate and dedicated
team, we are committed to complete the development of the CRAM and bring it to market so that it can
start saving lives! We have nominated five highly qualified nominees who will constitute the entire Board
17
if the Board Removal Proposal and Election Proposal are approved by stockholders. The Nominees if
elected will aggressively pursue the following initiatives designed to restore stockholder value.
? Appoint a new executive management team;
? Apply modern principles of corporate governance;
? Obtain bridge financing;
? Complete CRAM testing and development;
? Restore relations with clients in the transportation industry based on mutual trust;
? Elaborate a long term plan; and
? Convene a shareholder meeting.
The Nominees understand that, if elected as directors of Effective Control Transport, each of
them will have an obligation under Delaware law to discharge his
duties
Dr. Guy J.C. Benoit, M.Sc., D.D.S., age 42, is the founder of the dentistry clinics Cliniques
Dentaires Benoit & Associés. A longtime shareholder of Effective Control Transport, Mr. Benoit has
completed degrees in microbiology and immunology (1989) from McGill University and in biology from
University on Montreal (1990). He was awarded a master in immunology in 1992 and finally completed
his doctoral studies in dentistry in 1996. He is a certified implantologist and has also received a
certification to perform bone grafts.
Guy Faucher, C.A., age 60, had advised Effective Control Transport from August 2008 to March
2009. He is the co-founder and senior partner of the accounting firm Faucher, Daviault and Partners, from
which he has retired in 2000. Throughout his career he has served as director or held senior executive
positions in many business ventures, including Orex Exploration Inc., Paraiso Del Sol Beach Resort
Hotel, Dynamak Inc., Progicar Inc. and Provilub S.A.
Guy-Paul Gauthier, age 47, worked at Effective Control Transport from April 2008 to March
2009 as Vice-President of corporate development. He is the President and director of Aquagenex Inc., a
development-stage company that manufactures a portable self-contained water treatment system
especially designed for emergency use and remote locations. He is also the former President and cofounder
of Securcap Corporation, a closely-held holding company that operated in the Health and
Environmental sectors.
Gib de Medeiros, B.Sc. Eng., Ph.D., age 48, Mr. de Medeiros worked at Effective Control
Transport from august 2007 to April 2009 as Vice-President of Sales, with responsibilities for Latin
America Business Development, Marketing & Sales, and also Strategic Planning. He cumulates twenty
nine years of progressive international experience as a senior executive and consultant in large
multinational corporations, as well as direct entrepreneurial involvement in start-ups. Prior to joining
Effective Control Transport, Mr. de Medeiros worked as a new ventures developer and entrepreneur,
having developed and headed the implementation of venture capital backed companies, privately help
start-ups, spin-offs and new business units. Mr. de Medeiros has also worked for multinational companies
like Microsoft, Editora Abril S.A. and IBM Global Business Services, in the sectors of consumer goods,
engineering, services, software, publishing, media and telecom, acquiring skills and competences in
business general management, business development, marketing & sales, distribution, human resources,
product development and customer support. Mr. de Medeiros also has academic experience both teaching
and participating in research projects at universities. He obtained a Ph.D. in Human-Computer Interaction
and Cognitive Ergonomics in 1992 from the Conservatoire National des Arts et Métiers (CNAM) in Paris
(France), an Advanced Management Program (AMP) diploma in business management in 1997 from the
INSEAD in Fontainebleau (France), and an Industrial Engineering diploma in 1985 from the Polytechnic
School of the University of São Paulo, (Brazil). He has successfully finished a Project Management
specialization at McGill University, Montreal, Canada (2009).
Mario Naim, Esq., age 42, had worked as counsel to Effective Control Transport between
September 23rd, 2008 and April 13, 2009. Prior to joining Effective Control Transport, Mr. Naim had
specialized in the areas of mergers and acquisitions, banking and securities law. He has notably been
involved in U.S. and cross-border transactions, and worked with Canadian and U.S. clients in the
21
acquisition of businesses in the U.S., Europe, the Middle East and Latin America. Mr. Naim received a
B.A. in Philosophy from the University of Québec in Montreal, his LL.B. from the University of Québec
in Montreal, and his LL.M. (Banking Law) at Boston University School of Law. He was admitted to the
Quebec bar in 1996 and to the New York bar in 2003.
The ECT Recovery Committee has a plan to right the wrongs of the past, put the Company back on course and bring the CRAM to market. To accomplish this we must first remove Mr.Huppé from the Board of directors and as an officer of theCompany.
These are most basic principles
of our plan:
1. Transparency. We will prepare unaudited financial statements and share them with the
Company’s stockholders. The statements will be unaudited at first, due to the long deficiency in
the implementation of reliable accounting systems and procedures.
2. Initiate legal action. For the last two years, the Company was dominated by a single individual,
Raphael Huppé. For the sake of Effective Control Transport and its stockholders, Mr. Huppé
must be held accountable for his misdeeds.
3. Bring in bridge financing. We intend to procure the Company with the US $250,000 bridge
financing it needs to operate and continue to develop the CRAM until our plan is put to
stockholder vote.
4. Invest in CRAM testing and development. We plan to procure a sufficient number of devices
for field testing and Electroencephalogram (EEG) validation.
5. Convene a stockholder meeting. Within 90 days of the election of the director nominees, we
will convene a stockholder meeting where our plan for the future of the Company will be put to
stockholder vote and the director nominees will stand for reelection
