We are excited to announce that we are building out our Board of Directors with tenured individuals who are focused on not only holding a successful ICO, but securing Series A funding from traditional VC's for equity or convertible debt. We have entertained the idea of going public (IPO) in the next fiscal year as we are currently working with legislators to ensure that we are fully compliant with corporate legislation governing public companies in Ontario, Canada.
We will be raising 10M USD through traditional VC investments outside of the ICO. In an effort to document our business strategy in further detail - we have forecasted future financials and formulated a more precise business plan, which will be discussed in depth in future posts and announcements (see attached, below).
We have made three key hires to our team to accomplish the aforementioned objectives and released an updated business strategy - geared towards a non crypto audience (traditional venture capitalist investment).
Board Member: Duane Parntham LinkedInDuane B. Parnham has a record of success in corporate development, regulatory compliance for publicly listed companies, geological and environmental consultation and corporate finance to the hydrocarbon and mining industry. During his career, Mr. Parnham has developed and founded several resource focused companies including Giyani Gold Corp., Canoe Mining Ventures Corp., UNX Energy Corp., Forsys Metals Corp., Angus Mining (Namibia) Inc., and Temex Resources Corp. Prior to developing these companies, Mr. Parnham was the Regional Laboratory Manager for Overburden Drilling Management and Co-founder of Beatty Franz & Associates, an environmental consulting firm.
In 2011, Mr. Parnham established the Parnham Foundation, a Canadian non-profit organization aimed at advancing education internationally by providing scholarships and other educational assistance for underprivileged, impoverished or otherwise disadvantaged students with a specific emphasis on Namibia. In August 2012, as an extension of his commitment to this initiative, Mr. Parnham donated a historic CAD$1 million to Fleming College, the largest alumni donation in the history of community colleges in Ontario, Canada.
Mr. Parnham currently serves as Executive Chairman of Giyani Gold Corp. (TSXV: WDG). He is also President and CEO of Broadway Gold Mining Ltd. and Director of Canoe Mining Ventures Inc (TSXV: CLV). Mr. Parnham previously served as director of Kombat Copper, a copper mining project located in Namibia and Security Devices International Inc. (TSXV: SDZ), a defense technology company specializing in the development of innovative next generation ammunition solutions. He was the Chairman of UNX Energy Corp., a junior oil and gas company, until the company sold in 2011 to HRT Participações em Petróleo S.A. for CAD $730 million.
Board Member: Joseph Lambert LinkedInMr. Lambert started as a broker with E.F. Hutton & Co. in 1979 where he was recognized as a top level producer while managing and training brokers.
In Mr. Lambert ‘s career he has worked for several major Wall Street money management firms that had in excess of $10 billion of assets under management. At those firms he served on the investment committee providing analysis and research, managed portfolio’s, and managed marketing efforts.
Those firms included Winrich Capital Management, Mellon Bank’s subsidiary Laurel Capital Advisors, Marty Zieg’s Avatar and Associates, Investco’s National Asset Management, Singular Research and Santa Barbara Securities. At Mellon Bank he was successful at raising $400 million in one and half years from a start up operation.
Software Developer: Inga Bemman LinkedInInga has worked as a senior software engineer at several large firms including Intel, Pantheon, Sage and Microsoft. She holds a Masters of Engineering (M.Eng) in computer sciences. Inga is well versed in web based applications such as asp.net, PHP, Go, JavaScript and Silverlight. For mobile she has experience with Xamarin and for windows clients she has experience with C#, .net. She also has extensive experience developing applications in or tools for Ethereum (Solidity, e.g. in ERC20, Mint, Geth) , Hyperledger Fabric via Go , Azure, Ethereum Blockchains and Dapps.
