you can read about the 3gsolar and vista capital deal - click here
Barry N. Breen is currently the Chief Executive Officer and a director of 3G. Upon completion of the Transaction, Mr. Breen will be added as a director and named Chief Executive Officer and President of Vesta. Mr. Breen served 16 years in senior positions at AVX Corporation (listed on NYSE). Prior to AVX, Barry was an engineer at General Electric (listed on NYSE). Mr. Breen holds a B.Sc. in Nuclear Engineering from the Massachusetts Institute of Technology. Mr. Breen was awarded the Kaplan Prize in 1994 for excellence in industrial development. In 1998, he was awarded the Kyocera Corporation President Award for outstanding achievement in product & business development.
David Anthony is currently a director of 3G. Upon completion of the Transaction, Mr. Anthony will be added as a director and named Chief Financial Officer and Secretary of Vesta. Mr. Anthony, is Managing Partner of New York venture capital firm, 21Ventures, LLC. Mr. Anthony currently serves as a director on the boards of public companies Worldwater & Solar Technologies Corp. (listed on OTCBB) and Open Energy Corporation (listed on OTCBB), and private companies Agent Video Intelligence Ltd, BioPetroClean Ltd., Juice Wireless, Inc. and VoIP Logic, LLC. Mr. Anthony teaches business management at the New York Academy of Sciences where he is an Adjunct Professor. Mr. Anthony received an MBA from The Tuck School of Business at Dartmouth College in 1989 and a BA in economics from George Washington University in 1982. He is an entrepreneurship mentor at the Land Center for Entrepreneurship at Columbia University Graduate School of Business. In 2002, Mr. Anthony was awarded the Distinguished Mentor of the Year Award from Columbia University.
Harold Wolkin is currently the President, Chief Financial Officer, Secretary and a director of Vesta. Upon completion of the Transaction, Mr. Wolkin will resign from all offices held by him and remain as an independent director of Vesta. Mr. Wolkin is a designated chartered financial analyst and Vice Chairman, Sandfire Securities Inc. (subject to regulatory approval), a full service, boutique investment bank. From August 1983 until his retirement in January 2008, Mr. Wolkin was employed with BMO Capital Markets, serving as the Managing Director, Diversified Industries, Investment and Corporate Banking. Mr. Wolkin received his B.A. from York University in 1975, his M.A. from the University of Toronto in 1976 and became a member of the Chartered Financial Analyst Institute in 1980. Since April 2008, Mr. Wolkin has served as a director of Grandview Gold Inc., a Toronto Stock Exchange and Over-The-Counter Bulletin Board listed company. Since November 2005, Mr. Wolkin has also served as a director of Brighter Minds Media Inc. (formerly Road Runner Capital Corporation), a TSX Venture Exchange listed company.
Frank Bellotti, is a current director of Vesta. Upon completion of the Transaction, Mr. Bellotti will remain as an independent director of Vesta. Mr. Bellotti served as is the Vice President and Director of Prime City One Capital Corp., a TSX Venture Exchange listed company. Mr. Bellotti is also the President of Kingside Mortgage Corporation, a position he has held since January 1989. Mr. Bellotti served as a director of BDE Equities from June 2006 to March 2008 and served as a director of Kingsdale Capital from June 2001 to June 2006.
Dr. Jonathan Goldstein, is the President and a director of 3G. It is anticipated that Dr. Goldstein will be appointed to the Vesta board some time following completion of the Transaction. Dr. Goldstein has been President and Chief Scientist of 3G since its founding. He served as a senior scientist at LUZ Industries, a pioneering company in the solar energy industry. From 1977 to 1989, Dr. Goldstein served as the senior battery scientist at Tadiran Ltd., Israel's flagship electronics company. Dr. Goldstein received his Ph.D in Chemistry from City University, London, UK. He holds 38 granted US patents, and has published/delivered more than 30 scientific papers.
TSXV Approval
Completion of the transaction is subject to a number of conditions, including but not limited to, TSXV acceptance and if applicable pursuant to TSXV requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement or prospectus to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.
For Investors
This press release may include statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Vesta cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what Vesta currently foresees. Discussion of the various factors that may affect future results is contained in Vesta's recent filings, available on SEDAR.
SOURCE: Vesta Capital Corp.
Vesta Capital Corp. Harold Wolkin President, Chief Financial Officer and Corporate Secretary (416) 485-0980 Email: harold.wolkin@sympatico.ca
