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Re: TRAPPER JIM post# 21297

Wednesday, 05/02/2012 11:10:40 PM

Wednesday, May 02, 2012 11:10:40 PM

Post# of 31637
PLBI new ceo Peter Scalise III
He was with another stock called MOJO Look at the chart for them http://research.tdameritrade.com/public/stocks/overview/overview.asp?symbol=mojo
And he left there in Oct last year.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8219121
Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 27, 2011, (a) Peter Scalise III, Scott Ferrari, Neil Rosenberg, Duncan Weir and Richard Hall, all of whom are among the Buyers that repurchased SBSI, resigned as members of the Company’s Board of Directors, and Mr. Scalise resigned as the Company’s Chief Executive Officer, Mr. Ferrari resigned as its President and Mr. Rosenberg resigned as its Secretary and Treasurer, and (b) Glenn Simpson was elected as a member of the Board of Directors and appointed as the Company’s President and Chief Executive Officer. Mr. Simpson remains the Company’s sole director and officer and will serve as a director until the next annual meeting of the Company’s shareholders or until his successor is duly elected and qualified or his earlier death, resignation or removal.

To the Company’s knowledge, the resignations by Messrs. Scalise, Ferrari, Rosenberg, Weir and Hall as directors and the resignations of Messrs. Scalise, Ferrari and Rosenberg as officers did not arise from any disagreement with the Company on any matter relating to its operations, policies or practices.


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