LAS VEGAS, July 7, 2014 (GLOBE NEWSWIRE) -- American Video Teleconferencing Corp. (OTC PINK:AVOT) today announced that Harold Gewerter, John Scrudato, Arnulfo Saucedo-Bardan and Mark Vega were appointed to the Company's board of directors.
The Board was increased from two members to six members.
The Company is also pleased to announce that Mr. Gewerter was appointed Chairman, Mr. Scrudato appointed Chief Financial Officer, Mr. Saucedo-Bardan was appointed Chief Operating Officer and Mark Vega appointed Chief Technology Officer of the Company.
Montse Zaman remains as a board member and will continue to serve as Secretary with Kenneth Bosket remaining as a board member and serving as President/CEO of the Company.
Mr. Gewerter has been in private practice of law since 1979. Mr. Gewerter has lectured for various bar associations and other associations in Nevada, Hawaii, California, Washington, Alaska, and Ohio in the areas of Taxation, Securities Law, Real Estate and Estate planning. Mr. Gewerter is a member of the Nevada State Bar and is also admitted to practice before the United States Supreme Court, the United States District Court for the District of Nevada, the Ninth Circuit Court of Appeals, the United States Tax Court and the United States Court of Claims. Mr. Gewerter is a graduate of the University of Southern California where he received his Bachelor of Arts and Master of Science. He received his Juris Doctor from Southwestern University School of Law.
John Scrudato CPA has for the past twenty five years acted as managing partner of Scrudato & Co., CPA's, and John Scrudato CPA. Mr. Scrudato has administered and supervised the Company's audit, accounting, and tax clients, provided CFO services for individual clients, as well as Edgar financial oversight, and is an invaluable resource for all public accounting issues. This accounting professional is a registered agent with the PCAOB and audits publicly traded companies through their oversight policies.
Arnulfo Saucedo-Bardan is an entrepreneur from Torreon Coahuila, Mexico. In 2005, he opened and operated a small independent Mexican food restaurant in Mexico, City, until December of 2007. In 2008, he joined the Crown Equity Holdings Inc. team as CEO and later served as the Company's Chairman until January of 2013. Mr. Saucedo – Bardan has a Bachelor Degree in engineering from the Instituto Tecnologico De La Laguna in Torreon Coahuila.
Mark Vega brings years of corporate planning and technical (IT) management experience to the company. Mark has been in charge of the IT department of Crown Equity Holdings Inc. for more than seven years. His responsibilities include overall technical strategy in addition to managing advanced development groups. Mr. Vega attended California State University, studying Computer Science, Chemistry and Music.
About American Video Teleconferencing Corp
American Video Teleconferencing Corp., is an exploration stage company, engages in the exploration and production mineral properties in Canada with gold concessions located in Quebec province.
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
CONTACT: Kenneth Bosket, President (702) 448-1543 firstname.lastname@example.orgSource:American Video Teleconferencing Corp.