Intelimax Appoints New President And CEO
VANCOUVER, March 1, 2012 /PRNewswire/ - Intelimax Media Inc. ("Intelimax" or the "Company") (OTC:IXMD, CNSX:IMD) wishes to announce the appointment of Christopher Petry as Chief Executive Officer and Michael Young as President of the Company. Glenn Little resigned from these positions in order to accommodate these new appointments, but remains the Chief Financial Officer and a director of the Company.
About Christoph er Petry Christopher joined Intelimax in May 2011 and has been working on the development and design of the Company's new social media gaming platform. He has directed his creative energy and determination on converting his treasured past time into the vastly growing market of fantasy sports and social media. As a passionate member of the Fantasy Sports community for many years, Christopher aims to utilize his experience in the entertainment industry and various media platforms to develop and grow a dedicated user base on the Company's soon to be launched daily fantasy sports website DraftTeam.com.
Christopher is a member of the Directors Guild of Canada. He also served as Producer and Director on the popular Warner Brothers television series "Smallville" and his most recent project "Marilyn" was nominated for Best Feature Film in its first festival this past December. Throughout his career in the film and entertainment industry, Christopher has taken home numerous festival awards and nominations as a Director, Writer, and Producer of various Independent films.
About Michael Young Michael is a Founder and a Director of Intelimax Media Inc. since April 2006. He has served on several boards of publicly traded companies and has extensive experience working with companies in senior management positions and as an independent consultant, providing services and direction for corporate development in the areas of finance, marketing, public relations and implementation of business strategies.From September 2008 to October 2010 Michael served as CEO and Director of Carbon Friendly Solutions Inc. ("CFS"), a CNSX listed company that develops technologies and projects to generate and sell verified emission offsets that reduce or offset fossil fuel use. From 2006 to August 2008 Mr. Young served as Vice President and Director of CFS. During his time with CFS the company raised over $5 million CAD for working capital and project activities. Michael has over 16 years experience working as a financial advisor, while providing investment strategies and solutions to individual and corporate clients. He is a graduate of the Certified Financial Planning Education Program from the Financial Advisors Association of Canada and the British Columbia Institute of Technology where he studied Business Administration. Other Business The Company also announces that it has granted incentive stock options to certain employees and consultants of the Company to purchase up to 1,250,000 common shares of the Company pursuant to a shareholder approved Share Option Plan. The options are exercisable on or before February 28, 2017 at an exercise price of $0.38 per share. About Intelimax Media Inc. Intelimax Media Inc. ( www.intelimax.com) is an Internet media services company focusing on fantasy sports, online games, social media and web content. Using its' proprietary Social Media Platform, Intelimax offers fantasy sports and subscription based gaming on its web properties DraftTeam.com and Gamboozle.com. For and on behalf of the board of Intelimax Media Inc., Glenn Little, Director Forward Looking Statements: Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Intelimax or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Intelimax's products, the competitive environment within the industry, the ability of Intelimax to continue to expand its operations, the level of costs incurred in connection with Intelimax's expansion efforts, economic conditions in the industry and the financial strength of Intelimax's customers and suppliers. Intelimax does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Check Out Our Best Services for Investors
Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.