American Video Teleconferencing Corp. (OTCMKTS:AVOT) Announces Changes to its Board of Directors and Principal Officers
LAS VEGAS, NV / January 20, 2016 / American Video Teleconferencing Corp. (OTCMKTS:AVOT) today announced the resignation of John Scrudato as its Chief Financial Officer and Board member for personal reasons. The company also announced that it has appointed Rudy Chacon as its new CFO and Director.
The Board remains at five members.
“As we welcome Mr. Chacon to the company, I would like to thank Mr. Scrudato for his contributions.” stated Mike Zaman, President of American Video Teleconferencing Corp.
Rudy Chacon, brings more than 35 years of financial leadership experience in venture-backed private technology companies. Mr. Chacon has been CFO of companies within several different industries, including IT consulting, manufacturing, restaurant, construction and media services.
About American Video Teleconferencing Corp.
American Video Teleconferencing Corp., is developing two online platforms. One, being a video-sharing hosting service that allows user to upload videos to share for exposure, branding, marketing and advertising. The other being a voucher/coupon distribution mobile app accessible by smart phones, iPhones, androids and computers online, as well as being an online national business directory.
This news release may 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.
Mike Zaman, President/CEO
American Video Teleconferencing Corp.
SOURCE: American Video Teleconferencing Corp.