Announcement of Management Changes and Appointment of Chairman of the Board
- September 10th, 2020
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LAS VEGAS, NV / CRWE PRESS RELEASE / September 10, 2020 / American Video Teleconferencing Corp. (OTC PINK:AVOT) today announced the following organizational and management changes along with the appointment of a new Chairman of the Board.
Mr. Arnulfo Saucedo-Bardan was appointed Chief Administrative Officer and is leaving his Chairman of the Board position with the company while remaining as a board member.
Mr. Brian D. Colvin will assume the role of Chairman of the Board and continue as Vice President of the Company.
Mr. Willy A. Saint-Hilaire, President and Chief Executive Officer of American Video Teleconferencing Corp., stated, "I'm pleased to announce these organizational changes as we align our company for success into the near future."
The Board remain at seven (7) members.
About American Video Teleconferencing Corp.
American Video Teleconferencing Corp., doing business as Real Estate Eagle Firm, has changed its corporate strategy from that of an international e-commerce web portal to a diverse real estate marketplace endeavor.
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.
Willy A. Saint-Hilaire, President/CEO
SOURCE:American Video Teleconferencing Corp.
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