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TORON, INC. (OTC: $TRON ) PROVIDES CORPORATE STATUS REGARDING
NEW BOARD OF DIRECTORS
MIAMI BEACH, FLORIDA – March 8, 2017 - Toron, Inc. (OTC Pink: TRON) provided
its stockholders today with a corporate update. “We are pleased to announce the addition of 2 new
members that are joining Toron’s Board of Directors, Mr. Phillip Otero and Mr. Patrick Ryan.
Both gentlemen bring vast and extensive business experience and knowledge which will be help
guide Toron into a new age and business direction” stated Rene Ortiz Morentin, President.
Tron’s Board of Directors is now composed of Mr. Phillip Otero, Mr. Patrick Ryan and Rene Ortiz
Morentin.
Mr. Otero brings with him an extensive business and financial experience base. Mr. Otero is
currently the Managing Member of Catasana LLC, a private investment firm. Mr. Otero’s prior
business experience includes: Senior Vice President for Alcentra (2003-2009); Senior Vice
President for Oaktree Capital Management (1998-2003); Managing Director for Unifund SA
(1996-1998); Managing Director for Peregrine Securities (1995-1996); Managing Director for
Unifund SA (1992-1995); Vice President for Sutro & Co. (1990-1992); Vice President for The
Davis Companies (1989-1992); and Vice President for Canadian Imperial Bank of Commerce
(1987-1989). Mr. Otero received his MBA from UCLA The Anderson School of Management
1983 and a BS in Chemistry and Industrial Management from California State Polytechnic
University-Pomona 1979. “I welcome the opportunity to work with Phil and the many business
insights that he brings to Toron. His past business experience will be instrumental in our path to
success as we continue to grow and add to the Toron business model”, stated Morentin.
Mr. Ryan brings with him over 20 years of management and operational experience in the
healthcare arena, and particularly in the operation of hospitals. Mr. Ryan is currently the Chief
Executive Officer of the William R. Sharpe Jr. Hospital in West Virginia, a 200 bed State
psychiatric hospital that employs approximately 600 people (2015-Present). Prior, Mr. Ryan was
the Director Behavioral Medicine/Regional Director of Operations for Fairmont General
Hospital/Fairmont Regional Medical Center in West Virginia (2008-2015); Director of Behavioral
Health at Horizon Health Corporation-Camden Clark Memorial Hospital in Parkersburg, WV
(2006-2008); Director of Community Relations, Crisis Stabilization Unit Director and PD Case
Management Director for United Summit Center-United Hospital Center in Clarksburg, WV
(1997-Present); Intake and Assessment Director for Diamond Healthcare Corporation-St. Joseph
Hospital Behavioral Health (1995-1997); and Case Manager for Valley Comprehensive
Community Mental Health Center (1993-1994). Mr. Ryan received his BA in Psychology and
Sociology from Elon College 1989. “Mr. Ryan will bring invaluable insights into the healthcare
market and future acquisitions that we at Toron are currently reviewing. Mr. Ryan’s past
experience will help guide us and identify market opportunities” said Morentin.
Mr. Morentin has spent his entire business career in the investment banking, merchant banking
and commercial banking fields. Mr. Morentin served as Director and Special Advisor to WeiChuan
Food Corporation, the largest Taiwanese food manufacturer, focusing upon Concord
Securities Taiwan and Wei-Chuan China (1998–1999) and served as U.S. Investment Advisory
to Ta Yung Hsing Yeh Co., a $5 billion Taiwanese holding company (1997-1998). Prior to
founding Pantheon, Mr. Morentin has served as Managing Director of The Kensington Group, a
Los Angeles based investment banking firm; a Vice President of Manufacturers Bank (1992-
1994); Senior Vice President at Trafalgar Holdings, Ltd., a Los Angeles-based merchant bank
specializing in mergers and acquisitions and off-shore project finance (1987-1989); Corporate
and Institutional Services – Emerging Growth Group, Merrill Lynch (1985-1986); and with The
Bank of America in Corporate Banking (1981- 1983). Mr. Morentin received his MBA from the
UCLA Anderson School of Management in 1983 and a B.S. in Finance from the University of
Arizona in 1981. In June 2000, Mr. Morentin was awarded an honorary doctorate degree in
international law from the “Academia Mexicana de Derechos Humanas” (The Mexican Academy
of Human Rights). Mr. Morentin is a dual citizen of the United States and Mexico and is fluent
in both English and Spanish.
Mr. Morentin added “Our Board of Directors is now postured to usher in a new corporate vision
and pathway to success. It is a great day for Toron shareholders”.
NEW BOARD OF DIRECTORS
MIAMI BEACH, FLORIDA – March 8, 2017 - Toron, Inc. (OTC Pink: TRON) provided
its stockholders today with a corporate update. “We are pleased to announce the addition of 2 new
members that are joining Toron’s Board of Directors, Mr. Phillip Otero and Mr. Patrick Ryan.
Both gentlemen bring vast and extensive business experience and knowledge which will be help
guide Toron into a new age and business direction” stated Rene Ortiz Morentin, President.
Tron’s Board of Directors is now composed of Mr. Phillip Otero, Mr. Patrick Ryan and Rene Ortiz
Morentin.
Mr. Otero brings with him an extensive business and financial experience base. Mr. Otero is
currently the Managing Member of Catasana LLC, a private investment firm. Mr. Otero’s prior
business experience includes: Senior Vice President for Alcentra (2003-2009); Senior Vice
President for Oaktree Capital Management (1998-2003); Managing Director for Unifund SA
(1996-1998); Managing Director for Peregrine Securities (1995-1996); Managing Director for
Unifund SA (1992-1995); Vice President for Sutro & Co. (1990-1992); Vice President for The
Davis Companies (1989-1992); and Vice President for Canadian Imperial Bank of Commerce
(1987-1989). Mr. Otero received his MBA from UCLA The Anderson School of Management
1983 and a BS in Chemistry and Industrial Management from California State Polytechnic
University-Pomona 1979. “I welcome the opportunity to work with Phil and the many business
insights that he brings to Toron. His past business experience will be instrumental in our path to
success as we continue to grow and add to the Toron business model”, stated Morentin.
Mr. Ryan brings with him over 20 years of management and operational experience in the
healthcare arena, and particularly in the operation of hospitals. Mr. Ryan is currently the Chief
Executive Officer of the William R. Sharpe Jr. Hospital in West Virginia, a 200 bed State
psychiatric hospital that employs approximately 600 people (2015-Present). Prior, Mr. Ryan was
the Director Behavioral Medicine/Regional Director of Operations for Fairmont General
Hospital/Fairmont Regional Medical Center in West Virginia (2008-2015); Director of Behavioral
Health at Horizon Health Corporation-Camden Clark Memorial Hospital in Parkersburg, WV
(2006-2008); Director of Community Relations, Crisis Stabilization Unit Director and PD Case
Management Director for United Summit Center-United Hospital Center in Clarksburg, WV
(1997-Present); Intake and Assessment Director for Diamond Healthcare Corporation-St. Joseph
Hospital Behavioral Health (1995-1997); and Case Manager for Valley Comprehensive
Community Mental Health Center (1993-1994). Mr. Ryan received his BA in Psychology and
Sociology from Elon College 1989. “Mr. Ryan will bring invaluable insights into the healthcare
market and future acquisitions that we at Toron are currently reviewing. Mr. Ryan’s past
experience will help guide us and identify market opportunities” said Morentin.
Mr. Morentin has spent his entire business career in the investment banking, merchant banking
and commercial banking fields. Mr. Morentin served as Director and Special Advisor to WeiChuan
Food Corporation, the largest Taiwanese food manufacturer, focusing upon Concord
Securities Taiwan and Wei-Chuan China (1998–1999) and served as U.S. Investment Advisory
to Ta Yung Hsing Yeh Co., a $5 billion Taiwanese holding company (1997-1998). Prior to
founding Pantheon, Mr. Morentin has served as Managing Director of The Kensington Group, a
Los Angeles based investment banking firm; a Vice President of Manufacturers Bank (1992-
1994); Senior Vice President at Trafalgar Holdings, Ltd., a Los Angeles-based merchant bank
specializing in mergers and acquisitions and off-shore project finance (1987-1989); Corporate
and Institutional Services – Emerging Growth Group, Merrill Lynch (1985-1986); and with The
Bank of America in Corporate Banking (1981- 1983). Mr. Morentin received his MBA from the
UCLA Anderson School of Management in 1983 and a B.S. in Finance from the University of
Arizona in 1981. In June 2000, Mr. Morentin was awarded an honorary doctorate degree in
international law from the “Academia Mexicana de Derechos Humanas” (The Mexican Academy
of Human Rights). Mr. Morentin is a dual citizen of the United States and Mexico and is fluent
in both English and Spanish.
Mr. Morentin added “Our Board of Directors is now postured to usher in a new corporate vision
and pathway to success. It is a great day for Toron shareholders”.
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