MIAMI--(BUSINESS WIRE)--Dephasium Corp. (OTCBB: DPHS) announced today that it has appointed a new President and Director.
Irma N. Colon-Alonso resigned her positions as President, Secretary and Director of the Company effective at the close of business on May 22, 2013. The resignation was for personal reasons and there were no disagreements between Mrs. Colon-Alonso and the Company.
J. Francisco Terreforte was appointed to fill Mrs. Colon’s position on the Board of Directors and in addition, Mr. Terreforte was appointed President and Secretary of the Registrant. Mr. Terreforte previously held these positions with the Company.
In making this announcement, Mr. Terreforte said, “I am pleased to be back with the Company and I look forward to working with our counterparts in Europe to sell our products in the United States and Canada.”
Forward Looking Statement - This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.