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Tuesday, February 28, 2006 9:40:14 AM
. The good news is we have a lot of business, the bad news is we have a lot of business and we have to deliver and that skill set is not involved, is not inside Suretrace at present and we’ve recognized that, that is not the job I was brought in to do, my job here is nearly done. My job was to help deliver China, support Mr. Mackay and in order to establish new corporate governance, procedures and to get Suretrace ready for the future. But in the course of that we realized that Suretrace is not the right vehicle to deliver the future, from the contracts we’ve gotten in China, from the contracts we’re about to get, from the contracts we’re about to get in the United States and from the contracts we’re about to get in Europe and the rest of the world. So some months ago we contracted with one of the premier law firms here in Philadelphia and an excellent lawyer here inside Mr. Stephen Ching, whose resume will be posted here at the end of this video. He has represented people such as Arlen Specter, such as Tom Ridge of Homeland Security and he’s helped us zero in on a person finally that we think should head the ship and I’ll be happy to hand of the baton off to him. This person will come in and run True Product ID. He has experience thirty-forty years building companies, has world class experience. He is associated with NATO, Homeland Security with the Rockefeller Foundation. Between our lawyers, our new CEO, we think we will be uniquely qualified to deliver maximum value to the shareholders of Suretrace and the shareholders of True Product ID through their endeavors.
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