TCP Board Elects George Strickler as New Chairman to Replace Ellis Yan - Energy Watch News


TCP Board Elects George Strickler as New Chairman to Replace Ellis Yan

Names Brian Catlett as Chief Executive Officer and Zachary Guzy as Chief Financial Officer. Ellis Yan and Solomon Yan have resigned from the Board of Directors. As previously disclosed, the Company is working diligently to implement remedial actions that will allow the completion and filing of its financial statements for the years ended December 31, 2016 and 2015, and the outstanding quarterly periods therein, as expeditiously as possible. The Company’s recently completed Audit Committee investigation found, among other things, that actions related to certain payments by Ellis Yan and related party transactions involving Ellis Yan and Solomon Yan resulted in a material weakness in the effectiveness of the Company’s internal control over financial reporting. http://www.tcpi.com/news/tcp-board-elects-george-strickler-as-new-chairman/

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