Bio-Matrix Scientific Group Concludes Executive Search, Hires Kevin Elder as New CFO.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG) announced today that it has concluded its search for a Chief Financial Officer and has appointed Kevin Elder to the post. Mr. Elder comes to the Company with a long and distinguished career in commercial banking and finance. Most recently he served as the Chief Financial Officer for StereoVision ster·e·o·vi·sion n. Visual perception of or exhibition in three dimensions. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SVSN), where his duties entailed financial reporting, business development and corporate finance. Prior to serving with StereoVision, Mr. Elder was the Executive Vice President and Chief Financial Officer for Secure Resolutions Inc. (www.secureresolutions.com), a successful private software company, which he helped found. His duties there included financial management, reporting and planning as well as investor relations Investor relations The process by which the corporation communicates with its investors. and fundraising. During his tenure with Secure Resolutions, he assisted the company in raising over $4,650,000 for product growth and operating capital. Bio-Matrix' Managing Director Brian Pockett stated, "Mr. Elder's background is a good mix for our Company. He brings a wealth of experience in business development, financial management and public reporting to Bio-Matrix. We are extremely fortunate to have his participation as the Company unfolds its business model." Mr. Elder has been in the banking industry for over 26 years, with a well diversified background in management, public reporting, business development, commercial banking and corporate finance. In addition, Mr. Elder has assisted companies in obtaining more than $325 million in funding over the last 20 years. About Bio-Matrix Scientific Group Inc.: Bio-Matrix Scientific Group Inc. is a development stage company in the business of medical devices and monitoring systems research, development and commercialization. Bio-Matrix Scientific Group Inc. is aligning itself with partners that offer key technologies in biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. device development, tissue engineering, cell culturing, genome therapy and drug delivery systems. Other companies in the same industry as Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG) are StemCells Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :STEM), Thermogenesis thermogenesis /ther·mo·gen·e·sis/ (-jen´e-sis) the production of heat, especially within the animal body.thermogenet´icthermogen´ic ther·mo·gen·e·sis n. Corporation (NASDAQ:KOOL KOOL Kentucky Offender Online Lookup KOOL K-Based Object Oriented Language ) and Regeneration Technologies Inc. (NASDAQ:RTIX). DISCLAIMER: This news release contains forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion