Raptor Technology Group, Inc., who is in the process of acquiring Raptor Fabrication & Equipment, Inc., ("Raptor FE") is pleased to provide an update on business activity of the Company.
Mr. Tom Gleason has been appointed President and CEO of Raptor Technology Group. Mr. Gleason was the founder and president of Raptor Fabrication and Equipment, Inc. and has extensive hands on experience manufacturing automated, continuous biodiesel production systems as well as processes and systems for mineral recovery from mine tailings. Gleason was Project Manager working through Raptor Fabrication and Equipment for a Department of Defense and the Defense Advanced Research Projects Agency (DARPA) algae to jet fuel project and biodiesel fuel project for the Department of Energy.
Raptor Fabrication and Equipment, Inc. hired MaloneBailey, LLP to audit their 2009-2010 financial statements needed to complete the merger with Raptor Technology Group, Inc., . MaloneBailey, LLP has completed their audit review of the financial statements for that period and Raptor FE is now preparing the interim period and other required statements for their review.
Additionally, Raptor FE has engaged a PCAOB qualified accounting firm as consulting accountants to assist with the completion of the remaining financials and transition Raptor FE to ongoing periodic financial reporting.
RAPT news out. Audited Financials , and new CEO appt. Can run tomorrow.