BEDFORD, TX / ACCESSWIRE / December 22, 2015 / Cherubim Interests, Inc. (OTC: CHIT) (“the Company”), an expansion-stage alternative construction and real estate development company, announces that it has appointed Tom Crompton as Executive Vice President and Advisor to the Board of the Company.
Crompton is an accomplished operational executive with multi-industry experience.
“We’re very pleased to have Tom bolster our roster,” states Patrick J. Johnson, CEO of Cherubim Interests Inc. “Mr. Crompton brings a very considerable skillset to the Company which we can utilize to our advantage. He has that unique ability to quickly learn the intricacies of diverse industries and make immediate improvements on cash flow, cost reduction, planning, reporting, and internal controls.”
Crompton has comprehensive experience across all corporate finances, including accounting, administrative roles and executive functions. His talents include building, strengthening and leading finances for private companies in various start-up, turnaround and high-growth situations.
“Tom is very strong in mergers and acquisitions,” says Johnson, “plus he has a proven track record for capital raising, in both public and private equity.”
A native of Baltimore, Maryland, Tom has a CPA from Loyola University. Previous to his financial roles, he gained a significant background in real estate, developing large commercial projects, constructing homes and renovating town homes, from projects in Owings Mills, Maryland to Daytona Beach, Florida.
“In his years of business experience, Tom has earned a reputation for unwavering accuracy, credibility and integrity in financial reporting,” says Johnson. “We’re fortunate to add him to our team.”
Crompton’s diverse background includes: IPO’s, SEC/OTC/FINRA/DTCC work, divestitures, fund raising, banking & investor relationships, financial reporting, mergers and acquisitions, strategic planning, market demographic analysis, cash flow and P&L, financial and tax planning strategies, maintaining internal policies and procedures, preparing budget variance reports, ‘turn around’ expertise, strong negotiating skills, creative ‘look forward’ cost savings mindset, marketing and management talent; all coupled with a very high interpersonal communication ability.
About Cherubim Interests Inc.
Cherubim Interests specializes in alternative construction projects and covering the entire spectrum of real estate development, including due diligence, acquisition, planning, construction, renovation, and management, as well as providing complete beginning-to-end development programs for mixed use, single, and multifamily projects and properties.
For more information, visit www.cherubiminterests.com
Safe Harbor Statement
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in cialis generique this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer