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Re: narbooty post# 54446

Thursday, 10/13/2011 1:24:16 AM

Thursday, October 13, 2011 1:24:16 AM

Post# of 92697
FofoH / narbooty - Just some info on the CEO of SFIO Mr. Roth that I found from previous posts..

post #48145
post #48947

http://www.linkedin.com/in/georgeroth
"directing the activities of the staff in serving clients, taking them public, creating and maintaining compliance with securities regulations..."
"..Roth’s primary area of business consulting practice for over 40 years has been structuring small business enterprises to access growth capital while remaining compliant with regulators and securities laws.."
"..his role has become critical in recommending cost effective and affordable compliant structuring and policy formulation for its small and medium business clients.."

Beware, there are MANY 'George Roth's in the business world, one cannot find articles like
http://sdm-blog.mit.edu/2011/07/george-roth-managing-change-requires.html
or
http://www.recognos.com/company/leadership/george-roth
and think that any of these is our G. Roth.

Also associating him with so many companies in 'default', which means nothing by the way (see quote from link at bottom), must be taken with a grain of salt and in context after considering that our Roth is basically a consultant (a temp, a substitute, a CEO for hire),
"...George Roth’s primary area of business consulting practice for over 40 years ..."
This is what he does, he is a consultant and he uses his expertise to essentially take over in place of failed or crooked CEOs and/or companies
which need a real business man temporarily in order to get solvent and/or legally compliant. Once he corrects their failings he, as a CONSULTANT, moves on.
In my opinion, Tammy Dunn was brought in to replace TS as CEO but Roth was put in place
as an intermediary for the times of the 'troubled waters', eventually I imagine Roth will move on to some other company and Dunn will slip right into the CEO
position once the company is compliant and she is ready to direct the hard launch and work with the military on contracts. Just IMO.
:D


source == http://answers.yahoo.com/question/index?qid=20080429181803AAELWXk

""Default" simply means that they are late filling their Annual List of Officers with the Secretary of State.
To emerge from a "Default" status, all the corporation must do is pay a $75 late fee, and file the Annual List as Usual.
That is the only penalty, and only amounts to a "Late Fee".

The company has a right to transact business for one year while being in "Default". It still legally exists. It merely owes a late fee.
If the corporation remains in default for 12 months, then it's corporate charter is revoked, and its ability to transact business is forfeited"

cheers


$SFIO!