VG Energy Appoints Two Veteran Businessmen with History of Successful Early Stage Investing to Board of Directors
Michael Binnion and David Odell Bring Hands-on Business Development Experience to Accelerate Company's Implementation of Business Plan
VG Energy, a majority owned subsidiary of Viral Genetics, Inc. (Pinksheets:VRAL.pk), today announces that Michael Binnion and David Odell, savvy business veterans with successful experience in growing early stage companies, have come aboard as members of the Board of Directors. Seeking to utilize both the business acumen and the financial networking capabilities of these businessmen, the company is most fortunate that these gentlemen bring unique and complimentary skill sets that will accelerate the company's implementation of its business plan.
“We are very excited to have these two veteran businessmen join the VG Energy Board of Directors. Their expertise will move us forward quickly as we seek to monetize our technology,” said Haig Keledjian, Viral Genetics' Chairman and CEO.
Mr. Michael Binnion, who has made a substantial investment in VG Energy, is a seasoned entrepreneur with a history of starting, financing and managing companies, primarily in the oil and gas sector. Currently the President and founding shareholder of Questerre Energy, a public oil and gas production company operating in Quebec, he was formerly President of CanArgo Energy, one of the first Western companies to engage in oil and gas exploration in the Republic of Georgia. CanArgo played an active role in helping introduce legislation and a regulatory framework for the oil and gas industry in the country. This experience in a nascent energy sector is expected to be brought to bear as VG Energy grows with the burgeoning algal biofuels sector.
An early shareholder who has invested significant capital in both Viral Genetics and VG Energy, Mr. David Odell brings hands-on business development skills to the board. As President & CEO at MedBridge, an ambulatory surgical center consortium, David leads the finance and partnership management function. In addition, he is Executive Vice President and Chief Financial Officer of TynanGroup, Inc. He has successfully managed TynanGroup’s double-digit growth, leading to the firm's recognition by Inc. Magazine, in the recent past, as one of the fastest growing companies in America. Prior to TynanGroup, Mr. Odell was with a private accounting firm serving a broad spectrum of planning, audit, and tax clients. His success in medical business development will serve VG Energy as the company transitions from a development stage to a revenue producing company.
