Replies to post #6876 on United States Oil and Gas Corp (fka USOG)

[Penny_Slayer]

Since 1988, I believe. But they've only been a publicly traded company for a couple of years after they performed a reverse merger to acquire SEGV.

You can read the press release here.

http://www.usaoilandgas.com/08_may_08.html


PS

[Smittle]

Alex Tawse
Chairman, Chief Executive Officer, President, Chief Financial Officer and Treasurer,

Alex Tawse has been President and Chief Executive Officer of United States Oil & Gas Corp. (formerly Sustainable Energy Development, Inc.) since February 14, 2008. Mr. Tawse serves as Chief Financial Officer and Treasurer of United States Oil & Gas Corp. Mr. Tawse served as Vice President of Operations at Kaizen Institute from 2005 to February 2007 where he Managed its consulting and training operations for North American business unit, Managed budget, P&L, marketing ... strategy, and implementation of strategic plan, Hired and trained consulting, marketing, and office staff, Developed new business and managed customer relations, Restructured operations and internal management systems to improve revenue generation and customer retention, Generated over two million dollars of new contracts in 2006, doubled customer sales and drastically improved cash flow by reducing cash to cash cycle time by 270%, Acquired new clients which include Nike, Kraft, Stewart & Stevenson, Dannon Yogurt, Bacardi, Sypris Technologies, JB Poindexter, BioMerieux, and Hella Lighting, Established strategic partnership with lean software provider to co-market products and services, Established the Kaizen College and trained over 250 business executives to effectively implement a sustainable lean strategy of continuous improvement at Kaizen Institute. Mr. Tawse also served as Chief Financial Officer of Kaizen Institute from 1998 to 2005 where he Established global headquarters in Zug, Switzerland, managed its finances, G/L, cash flow, and reporting; hired and supervised accounting staff; secured access to capital; Realized annual labor cost savings of over $200k through lean accounting systems and policies; Reduced cash collection cycle from 120 days to 45 days; Established affiliate offices in Poland, Romania, Czech Republic, and New Zealand; Restructured U.S. business unit; obtained financing; secured investors; developed compensation structure for independent consultants and reduced its overhead costs by 50%. Mr. Tawse Lean was a Consultant & Trainer from 2002 to 2007. Mr. Tawse Achieved over $10 million in annual cost savings for customers such as Bacardi (U.S., Italy and U.K.), Nike (China), Aviacor (Russia), Kraft Foods, Dannon, and Stewart and Stevenson. He Guided top management and shop floor personnel to achieve competitive advantage through improved production systems, greater process flexibility, and increased throughput capacity; without investment in new equipment or additional labor, Provided pro-bono consulting to local community center to improve customer service, Developed, utilized and trained others in lean principles and tools such as: Total Quality Systems; Kaizen Office Systems; 5S; Process Standardization; JIT/Pull Systems (Kanban); Mistake Proofing; Value Stream Mapping; Total Change Management; Cell Design; Quick Changeover (SMED); Total Productive Maintenance and Lean Accounting. Mr. Tawse serviced high profile global customers in the U.S., China, Russia, Italy, and the U.K. that operate in a variety of industries including specialized oil drilling equipment, consumer goods, automotive, and pharmaceutical. He serves as Chairman of the Board of United States Oil & Gas Corp. Mr. Tawse studied at Oxford University, holds a Bachelor of Arts degree in Economics and International Relations from Stanford University, an MBA degree from the University of Texas, and is also a Certified Public Accountant.

http://investing.businessweek.com/research/stocks/people/person.asp?personId=41363087&ticker=USOG:US