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Thursday, August 09, 2012 4:18:40 PM
New CEO is Cindy Morrissey. Cindy was the CEO and Chairman of EHSI. That company was suspended by the SEC which they were indicating microcap fraud while she was at the helm: http://www.sec.gov/news/press/2011/2011-120.htm
Cindy is the sister to Kathleen Delaney.
This same SEC suspension of EHSI came with 16 other companies, including EVSO and GSLO - both directly associated with Delaney. A third suspended company out of that group, CYGX, had Steven Plumb on the BOD, yet another close friend of Delaney and Morrissey.
Cindy's other experience includes:
COO of MYHA - a company run by Maurice Stone and JT Cloud (ref. SEC suspensions of his companies include GFET, SSLR, and GSLO). MYHA has been on the Grey market since 2007 after a series of glorified press releases proclaiming to have telemedicine clinics in a series of Walmarts, which was a complete fabrication (save an except for a single store they managed to occupy for a couple weeks). Under her tenure, shareholders endured a price collapse from $0.45 to $0.0003 - a drop of 99.93%
President of NTRR(D) - from November 2011 to June 2012, she took this company from a high of $45/share (post split) to a price of $1.20/share - a decrease in shareholder value of over 97% on her way to giving JT Cloud 75% control of the company. She inexplicably left NTRR at a time when there was public statements about clinical trials being underway for the latest version of natural supplements - why would she leave such a nice gig for yet another new company with no discernable assets or business?
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