Daleco Resources Announces Corporate HQ Move, Appoints General Manager for the Natural Resource Exchange.Business Editors/Hi-Tech Writers WEST CHESTER West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , Pa.--(BUSINESS WIRE)--Jan. 10, 2001 Daleco Resources Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DLOV) Daleco Resources Corporation (DLOV: OTBB) announced today that it has relocated its corporate headquarters from Wayne, PA to West Chester, PA. New contact information is: Daleco Resources Corporation 120 North Church Street West Chester, PA 19380 Phone: (610) 429-0181 Fax: (610) 429-0818 Daleco Resources also announced today the appointment of Joseph R. O'Neill, a senior executive with 16/6 Corporation, as General Manager of The Natural Resource Exchange. 16/6 is a West Chester, PA consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a committed to assisting its clients by increasing financial performance through examination of the entire value delivery process including strategy, structure, technology, and organizational culture  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . . Mr. O'Neill has more than twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. experience as a financial executive and business owner does in the defense and service industries. Mr. O'Neill began his career with Unisys Corporation (company) Unisys Corporation - The company formed in 1984-5 when Burroughs Corporation merged with Sperry Corporation. This was when the phrase "dinosaurs mating" was coined. Defense Systems Group where he held positions of Group Director of Finance and Division Controller. After founding, growing, and selling his own service business, Mr. O'Neill has held VP Finance and CFO See Chief Financial Officer. positions at two international consulting and market research firms. Within the past year and before joining 16/6, Mr. O'Neill played a significant role in spinning off a web based Coming from a Web server. See Web application. real time data collection and analysis company where he also held the position of CFO. Upon his acceptance of the appointment by 16/6 and The Natural Resource Exchange, Mr. O'Neill commented "I am extremely excited to be part of the initial growth of The Natural Resource Exchange. The web site (http://www.B1S1.com, live in a few weeks) combined with the people and industry skills that we are accumulating, positions The Exchange to be the primary destination for entities that wish to buy and sell minerals and resources. In addition to assisting in the trading of minerals and resources, The Exchange will provide a community that shares the best thoughts and solutions in a very focused manner." Daleco Resources Corporation is an international natural resource company with holdings in oil and gas, timber and minerals. The Natural Resource Exchange is a majority owned subsidiary of Daleco. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's domestic and international operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings. |
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