HENDERSON, Nev., April 6 /PRNewswire-FirstCall/ -- Consolidation Services, Inc. ("CNSV") (OTC Bulletin Board: CNSV), Johnny Thomas, co-founder of CNSV introduces a new management team, with extensive oil and gas industry experience. The new management team will manage and operate CNSV while the previous management, Dr. Johnny Thomas and Mr. John Francis, will serve on the Acquisition Committee as CNSV pursues an aggressive acquisitions program.
Stephen M. Thompson assumes the CEO role for CNSV effective April 7, 2010. Mr. Thompson is founder, major shareholder, President and CEO of Leland Energy, Inc. and has been involved in the domestic energy industry for over thirty years. He is knowledgeable and experienced in all phases of the oil and gas industry including leasing activities, ownership and operations of drilling rigs, syndication and field operations. Mr. Thompson has current or previous business interests and relationships in investment banking, international art publishing and the gaming industry.
Mr. Gary Kucher assumes the role of President for CNSV effective April 7, 2010. Mr. Kucher is a seasoned executive with numerous appointments, directorships and consulting roles with both public and private companies in a variety of industries and business sectors. Mr. Kucher has a strong background in investment banking; having held privileged securities licenses, Series 7 and Series 24. He has provided consulting for business acquisitions and other commercial finance transactions to financial and strategic buyers, stock offerings, spin-offs, leveraged buy-outs and joint venture arrangements. Sourced and executed M&A deals for leading technology companies and selected venture investments. Advised banking, insurance, finance and investment banking companies on M&A and equity deals ranging from $1 Million to $200 Million.
Pamela J. Thompson, (no relation to Mr. Thompson) assumes the roles of Chief Financial Officer, Secretary and Treasurer for CNSV effective April 7, 2010. Ms. Thompson has over twenty years experience in the SEC compliance, tax and accounting for publicly traded companies, including oil and gas companies. She has served as CFO, Secretary, Treasurer and Director for several public companies traded on NASDAQ and OTCBB. Ms. Thompson was previously employed with the international firm Arthur Anderson and Pannell Kerr and Forester, and one of the large regional firms Eide, Bailey and Company. Her Sarbanes-Oxley Section compliance implementation experience has been focusing on assisting publicly traded companies with performing risk assessment on critical business processes and documenting business process controls. Ms. Thompson is a Certified Public Accountant in the State of Arizona and a member of the Arizona Society of Certified Public Accountants and Association of Certified Fraud Examiners.According to Dr. Thomas, Co-founder and CEO/President since inception, "These management changes were made to insure that CNSV could properly manage its growing oil and gas asset base with experienced management, improve opportunities for investment banking support and allow Dr. Thomas and Mr. Francis to use their extensive acquisition experience to further the CNSV goal of increasing shareholder value through acquisitions."