(Total Views: 278)
Posted On: 09/20/2019 9:39:36 AM
Post# of 106589
$DEWM HUGE VOL & NEWS:
Dewmar International BMC, Inc. (DEWM) Chairman and Chief Executive Officer Marco Moran to Resign
GlobeNewswire•September 20, 2019
New York, NY, Sept. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Dewmar International BMC, Inc. (OTCPINK: DEWM) announced today that its long-time founder and executive Dr. Marco Moran will resign as Chairman and Chief Executive Officer. As part of the terms of Dr. Moran’s departure, he will sell all his preferred shares to a single investor who will become the Company’s new Chairman and Chief Executive Officer. The resignation is imminent.
During the transition process, a new management team will be formed with significant ties to the financial services industry. New directors will also be elected for the benefit of all shareholders.
Marco Moran commented, “Over the past few months, it has become apparent to me that I was having a difficult time building value for shareholders which has always been my main goal. As a result, it is in the best interest of all shareholders for me to begin this resignation process which should be completed by the end of the month. Significant details
https://finance.yahoo.com/news/dewmar-interna...00669.html
Dewmar International BMC, Inc. (DEWM) Chairman and Chief Executive Officer Marco Moran to Resign
GlobeNewswire•September 20, 2019
New York, NY, Sept. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Dewmar International BMC, Inc. (OTCPINK: DEWM) announced today that its long-time founder and executive Dr. Marco Moran will resign as Chairman and Chief Executive Officer. As part of the terms of Dr. Moran’s departure, he will sell all his preferred shares to a single investor who will become the Company’s new Chairman and Chief Executive Officer. The resignation is imminent.
During the transition process, a new management team will be formed with significant ties to the financial services industry. New directors will also be elected for the benefit of all shareholders.
Marco Moran commented, “Over the past few months, it has become apparent to me that I was having a difficult time building value for shareholders which has always been my main goal. As a result, it is in the best interest of all shareholders for me to begin this resignation process which should be completed by the end of the month. Significant details
https://finance.yahoo.com/news/dewmar-interna...00669.html
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Anything I write is pure gibberish...perhaps thought provoking and fun...but investment advice??? I don't think so.
