This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GMS Capital Corp. Approves Restructuring Plan

MIAMI, Feb. 12, 2013 /PRNewswire/ -- GMS Capital Corp. (The "Company") (OTCQB: GMCP) announces that it has formally adopted a structuring and repositioning plan designed to increase manufacturing efficiency and speed of product delivery to major retailers.

The Company has appointed a new Board of Directors to support this aggressive expansion. Departing are Stephane Solis, Pierre Savignac and Mohamed Samake. The Board shall now consist of Bernard Canneva, Caroline Coulombe, Gerard Dab, Martial Rolland, Claude Pellerin, and Emanuel Tomasino. Caroline Coulombe shall serve as Chairman of the Board, and Claude Pellerin shall serve as legal counsel.

Bernard Canneva has over 35 years experience in perfumes and cosmetics. He served as international director of L' Oreal Paris, and as VP Sales & Marketing for Groupe Lise Watier Inc.

Emmanuel Tomasino has over 20 years experience as a business development executive, including General Manager of ING Financial Group, and Director of Business Development for Groupe Financier Desjardins.

Martial Rolland is an entrepreneur and business development executive with over 20 years experience managing public corporations. He served as President and CEO of Rolland Energy Inc. and President and CEO of RVBS Ltd. He is a Director in a number of companies.

Caroline Coulombe is the founder of the Nacara business group, bringing over 20 years of experience in cosmetics and body care. She is a former sales and business development executive for Shopper's Drug Mart/Pharmaprix. She is a Director in a number of companies.

Gerard Dab is an entrepreneur and business executive with 20 years experience managing public companies. Mr. Dab began his career as an advertising and communications executive with Foote, Cone & Belding of Chicago, IL. He then served as President of one of Canada's leading film and television production company, Production Publi-Cite. He is currently the Chairman and CEO of VisualMED Clinical Solutions Corp. and Dab Communications.

Mr. Claude Pellerin is a corporate attorney and is partner in the law firm of Rolland Seguin Sauve Pellein, Lawyers Inc. Between December 2003 and July 2008, Mr. Pellerin was partner in the law firm of Hovington Pellerin S.E.N.C. Since 2002, Mr. Pellerin has served as Director, President, Treasurer and Secretary of Capex Investments ( Canada ) Limited, an investments and financing corporation based in Montreal, Quebec. From 2001 to 2002, Mr. Pellerin served as a Secretary for Equilar Capital Corporation, an Ontario Corporation listed on the Toronto Stock exchange. Between 2002 and 2004, Mr. Pellerin served as Vice President for legal affairs for Manaris Corporation, a Nevada corporation listed on the OTCBB. Since 2003, Mr. Pellerin has served as Secretary of Gourmet Flash Inc., a Quebec corporation, and from 2004-2005 served as a Director to Canadian Security Agency (2004) Inc. Mr. Pellerin served as Ecolocap Solutions Inc.'s President, Secretary and Treasurer from June 17, 2005 until August 19, 2005, at which time he resigned as an officer but remained a director of the Ecolocap Solutions Inc. Company until his resignation on October 20, 2008, than from March 6, 2009 to September 10, 2012 until his resignation.

The Company has also elected a new slate of Officers. Departing are President and CEO Stephane Solis, and Secretary Pierre Savignac. Martial Rolland has been appointed President and CEO of the Corporation, and Me. Serge Lebel has been appointed Secretary.

Me. Serge Lebel has 30 years of experience practicing Business Law and is a Certified Director. He is a member of the Board and President of the Governance Committee of the Quebec Lottery Corporation; a member of the Governance and Human Resources Committee of the Interprovincial Lottery Corporation; and he is a member of the Board of Directors, President of the Governance and Human Resources Committee, and member of the Audit Committee of the Port of Quebec.

An overwhelming majority of shareholders of the company have deemed that the new slate of Directors and new management better reflects the expansion philosophy of GMS Capital and are better suited to moving the company forward.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.21 -0.44%
FB $118.17 0.09%
GOOG $699.06 0.48%
TSLA $213.31 -4.20%
YHOO $37.15 3.20%


Chart of I:DJI
DOW 17,700.50 +49.24 0.28%
S&P 500 2,053.78 +2.66 0.13%
NASDAQ 4,725.5250 -0.1140 -0.00%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs