leadership
confidence high
sentiment neutral
materiality 0.50
SecureTech CEO Kao Lee resigns; J. Scott Sitra appointed President and CEO
Securetech Innovations, Inc.
- On Jan 14, 2025, Kao Lee resigned as President, CEO, PEO, and Director; appointed General Manager of Top Kontrol product line.
- Board appointed J. Scott Sitra as new President, CEO, PEO, and Director; he has 37+ years in securities compliance.
- Sitra settled a 1998 SEC lawsuit without admitting wrongdoing; has had no further regulatory disputes since.
- On Jan 14, 2025, SecureTech issued 322,448 shares at $1/share to settle accrued payroll and commissions.
- As of Jan 15, 2025, outstanding shares total 78,409,329; no remaining accrued payroll.