TXP Corporation (fka TXPO)

[SteveSchiets]

http://www.guarglobal.com/ (what a great CEO, still I lost all money in TXPO) Over 1B USD??


Michael C. Shores, Chairman & CEO

Mr. Shores is an accomplished entrepreneur and senior executive with an extensive background in both high-tech product development and manufacturing. He brings over twenty years of direct experience in Asia in roles primarily focused on the raising of capital from strategic Asian investors on behalf of innovative intellectual property holders in the Automotive, Energy, Medical and Technology sectors. His responsibilities regularly included setting strategic market objectives, evaluating IP and aligning his clients towards suitable supply chain partners. During this time, Mr. Shores was successfully involved in helping launch new high tech products into the automotive, consumer, energy, medical, networking, and communications market and has been instrumental in launching over $1 billion USD of products into the global marketplace.

Previously, he served as President of Cambridge Industries Group, a global organization based in Shanghai, China. Cambridge is the world’s largest independent telecom OEM supplier focused solely on GPON (Gigabit Passive Optical Network) Customer Premise Equipment for the Fiber to the Home industry (FTTH). Prior to this, he was Founder, President & CEO of TXP Corporation an industry leader in the standalone inter-operable GPON sector for the telecommunications industry. In 1997, Mr. Shores assisted in the development of a New Product Introduction (NPI) center for Flextronics in Richardson, Texas and then to aid in the launch of their photonics division. Mr. Shores later negotiated the spin-off of NPI from Flextronics in late 2001 which formed Texas Prototypes. The company eventually changed its name to TXP after acquiring the Optical Network Terminal product line and team from Siemens in 2006.

Mr. Shores began his career in the Investment Banking arena with Merrill Lynch and subsequently served with both Lehman Brothers and Bear Stearns. He currently sits on the Advisory Board for ASCENT Investment Management Company where he is actively involved in helping explore new technologies. He previously served on the board and was a founding member of the Texas-Israel Chamber of Commerce and sat on the board of the American Indian Chamber of Commerce of Texas and the board of KOPTI (Korea Photonics Technology Institute) in Gwangju, South Korea. He holds a BSBA with a focus on Economics from the University of Arkansas in Fayetteville.

- See more at: http://www.guarglobal.com/corporate/guar-global-management#sthash.QZLGvqJ0.dpuf