Item 9. Directors, Executive Officers, Promoters and Control Persons, Compliance With Section 16(a) of the Exchange Act.
The following table sets forth the name, age, position and office term of each executive officer and director of the Company.
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Name
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Age
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Positions
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Since
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Gerald Garcia Jr.
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62
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CEO and President
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2002
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B. Joseph Vincent
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62
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Vice Chairman and Secretary
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2002
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Michael L. Foudy
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54
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Chairman
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2002
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Patrick J. Summers
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50
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Chief Financial Officer
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2003
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Following is a brief summary of the business experience of our officers and directors:
Gerald Garcia Jr., CEO and President.
Mr. Garcia has been President and CEO of AIMS™ since inception in October 7, 2002. In December of 2000, Mr. Garcia became Chief Operating Officer of Gregory Welteroth Advertising in Montoursville, Pennsylvania, and has served as President of that company since June of 2001. Previously, Mr. Garcia was editor of the San Bernardino County Sun newspaper from September 1999 to May 2000. From 1995 to 1999, Mr. Garcia served as President and CEO of Heartland Capital Corp. in McLean, Virginia. Mr. Garcia has more than 35 years experience in advertising and newspaper publishing and has worked in various capacities for several newspapers including the Houston Post, the Los Angeles Daily News, the Kansas City Star and the Knoxville Journal. Mr. Garcia was recently honored by National Association of Hispanic Journalists, of which he was a founder and the founding president, by induction into the NAHJ Hall of Fame.
B. Joseph Vincent, Vice Chairman and Secretary.
Mr. Vincent has been an officer and director of AIMS™ since inception on October 7, 2002. Since 1996, Mr. Vincent has been self employed as a business STRATEGIST for several major corporations including St. Joe Company/Arvida, Firehouse Subs, and Founder Service Corporation, and currently serves on the Boards of Directors of several companies including Integrated Power Group, Ltd., The Ozone Group, Inc., and Acacia Historical Arts, Inc. Prior, Mr. Vincent as a founder, director, and chief operating officer of Businesship International, Inc., and from 1979 to 1990 was President and COO of The Communications Group. In the past he has served as an executive with Control Data Corporation (NYSE), Recognition Equipment, Inc. (NASDAQ), and Visual Graphics Corporations (AMEX).
Michael L. Foudy, Chairman.
Mr. Foudy was graduated from the University of Arizona in 1973 and received his JD from the University of Arizona Law School in 1976. Mr. Foudy has been a member of the Board of Directors of AIMS™ since inception in October of 2002. Mr. Foudy has practiced law in Arizona between 1977 and 1982, and is a principal founder and managing member of ATB Productions, LLC and the Heartland Group of Companies. Mr. Foudy currently serves on the boards of UCI Web Group Inc, a consolidator of Internet website design and marketing firms and ATB Media, Inc. Previously, Mr. Foudy hosted ATBs America The Beautiful nationally syndicated talk radio show from February 1995 until February 1997 and co-hosted Newsmaker which was syndicated to 119 radio stations by the United Broadcasting Network from September 1996 until March 1999. Mr. Foudy has been active in a variety of charitable and community organizations including the Tucson Free Clinic, Tucson Community Food Bank, Arizona Opera Company and Southwestern Film Consortium.
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Patrick J. Summers, Chief Financial Officer.
Mr. Summers has been the Controller and Chief Financial Officer of AIMS™ since 2002. Since 1994, Mr. Summers has been self-employed as an independent consultant, focusing his practice on strategic planning and financial management. From 1998 to 2000 he was also the Controller and Chief Financial Officer of News USA, Inc., a privately owned public relations and publicity firm. Mr. Summers holds a Master of Science degree in Management from Louisiana State University where, he was admitted to the campus honorary fraternities of Mortar Board and Omicron Delta Kappa. His undergraduate degree is in International Relations with an emphasis on systems theory.
All officers hold their positions at the will of the Board of Directors. All directors hold their positions for one year or until their successors are elected and qualified.
The Company has no audit committee financial expert, as defined under Section 228.401, serving on its audit committee because it has no audit committee and is not required to have an audit committee because it is not a listed security as defined in Section 240.10A-3.
Compliance with Section 16
Section 16(a) of the Securities Exchange Act of 1934 requires officers and directors of the Company and persons who own more than ten percent of a registered class of its equity securities to file reports of ownership and changes in their ownership on Forms 3, 4, and 5 with the Securities and Exchange Commission, and forward copies of such filings to the Company. Based on the copies of filings received by the Company during the most recent fiscal year the directors, officers, and beneficial owners of more than ten percent of the equity securities of the Company registered pursuant to Section 12 of the Exchange Act have filed on a timely basis all required Forms 3, 4, and 5 and any amendments thereto.