FSC / Press Release
Efftec International, Inc. Corporate Update
Tulsa, OK US, September 19, 2013 /FSC/ - Efftec International, Inc. (OTC
Market: EFFI),is pleased to provide the following updates on recent and current
Effective as of August 15, 2013, Michael Pruitt has resigned his position of
interim CEO and Director of the Company, in order to dedicate himself fully to
his duties as CEO of Chanticleer Holdings, Inc. (NASDAQ: HOTR). Mr. Pruitt
leaves on fully amenable terms and Chanticleer continues to hold an equity stake
with the Company.
Also effective as of August 15, James R. Ross, as well on amenable terms, has
resigned his position as Vice President of the Company.
At the time of Mr. Pruitt and Mr. Ross's resignations, the Company appointed Dr.
Shawn Clinton to the positions of CEO, President, and Director.
Dr. Clinton stated, "I'd first like to give a great thanks to the former
management for their years of service to the Company. During their tenures,
Michael and Jim brought all their hard work, dedication, and resources to bear
for the benefit of the Company, and in doing so, brought Efftec and its
Subsidiaries to a number of milestones. They always kept the best interests of
our shareholders at the forefront of their concerns, and myself and the Company
will do the same as we move Efftec forward in executing our strategies and
Dr. Clinton went on to say, "As the Company has spent the last few months
focused on our short-, mid-, and long-term strategies, as well as effectuating
certain business, we have been a bit lax in keeping our shareholders and the
general public up to date on our transactions and Company developments. Going
forward, we intend to keep the public fully informed of company affairs on an
The Company will provide further updates shortly.
About Efftec International, Inc.:
Efftec International, Inc. is a holding company with multiple wholly-owned
subsidiaries. Efftec is active in the area of acquisition and proprietary
development of software, platforms, sustainability technologies, and general
improvements in the efficiency scales in various industries.
Dr. Shawn Clinton CEO
This Press Release may contain, among other things, certain forward-looking
statements, including, without limitation, (i) statements with respect to the
Company's plans, objectives, expectations and intentions; and (ii) other
statements identified by words such as "may", "could", "would", "should",
"believes", "expects", "anticipates", "estimates", "intends", "plans" or similar
expressions. These statements are based upon the current beliefs and
expectations of the Company's management and are subject to significant risks
and uncertainties. Actual results may differ from those set forth in the
forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors
(many of which are beyond the Company's control).
To view the press release as a PDF file, please click on the following link:
source: Efftec International, Inc. (OTC_Pink :EFFI) http://www.efftec.com/
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-0- Sep/19/2013 13:30 GMT
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