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eTotalSource, Inc. (ETLS)engages in the development and supply of multimedia software technology. It also publishes multimedia training content. The company offers Presenta Pro, which features back-end development of multipanel time synchronized presentations and course work, and provides testing, feedback, and performance monitoring options for distance learning and computer-based training through the Internet, Intranet, or CD/DVD Rom. The company primarily markets its products to the corporations, and governmental organizations and agencies.
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Stocks-Investments.com (March 27, 2006-commentary)-IBXG, has been in a gradual uptrend since the resignation of its officers.
Change in Directors or Principal Officers, Financial Statements and Exhibits
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
On November 30, 2005, Evan Brovenick resigned from his positions as President, Chief Executive Officer, and member of the Board of Directors of the Company; Alvin Brovenick. resigned from his positions as Chief Operating Officer and member of the Board of Directors of the Company; David Blechman resigned from his positions as Vice President, Treasurer, Chief Technology Officer, and member of the Board of Directors of the Company; and Mitchell Hershey resigned from his position as a member of the Board of Directors of the Company. Such resignations were in accordance with the terms of an Agreement and are not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practice. On November 30, 2005, Yoshiko Tomori Shale was appointed as the Company’s President, Chief Executive Officer, and Chief Financial Officer and to the Board of Directors of the Company to fill the vacancy left by the resigning directors.
Yoshiko Tomori Shale was appointed as the Company’s President, Chief Executive Officer, and Chief Financial Officer and to the Board of Directors of the Company on November 30, 2005. Ms. Shale has over thirty years of experience as an entrepreneur. In 1973, Ms. Shale was the co-founder and an officer Hub Cap Heaven, a successful automobile rental and parts business in Hollywood, Florida, which was sold in 1996. Ms. Shale owned and operated Personal Image Fitness Center in Hialeah, Florid from July 2005 through the beginning of 2006, and currently manages a personal multi-million dollar real estate portfolio in the State of Florida.