Wellness Center USA, Inc. Announces Board and Management Changes
December 07, 2017 at 03:02 pm
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On December 1, 2017, the Board of Directors consisting of Andrew J. Kandalepas, Jay Joshi, M.D. and recent appointees William E. Kingsford, Thomas E. Scott, CPA, Paul D. Jones, and Roy M. Harsch, accepted the voluntary resignation of Andrew J. Kandalepas, as President, and appointed Paul D. Jones as President. Mr. Kandalepas' resignation, and Mr. Jones' appointment, are effective immediately. Mr. Kandalepas will continue as CEO and Chairman. The Board of Directors also accepted the voluntary resignation of Jay Joshi, M.D., as Secretary, effective immediately, and appointed Thomas E. Scott as Secretary, to serve until the next annual meeting of the stockholders or until his successor is qualified and appointed. Dr. Joshi will continue as a director. The Board of Directors appointed a Compensation Committee consisting of Mr. Jones, Mr. Scott and William E. Kingsford. Mr. Jones was initially engaged in the sales, distribution, and product development of recreational products. He has served the WWRCC as Business Advocacy Chair, and as a member of the Board of Directors for nine years. Mr. Scott is a CPA, with CEO and CFO experience in several industries, including real estate development and sales, mortgage banking, food service and retail industries. He co-founded and served as treasurer for FEAT, a CFO organization in Southern Arizona.
Wellness Center USA, Inc., through its subsidiaries, is engaged in the healthcare and medical sectors. The Companyâs segments include Medical Devices and Authentication and Encryption Products and Services. The segments are operated through Psoria-Shield Inc. (PSI) and StealthCo Inc. (SCI). PSI designs, develops, and markets a targeted UV phototherapy device called the Psoria-Light. The Psoria-Light is designated for use in targeted PUVA photochemistry and UVB phototherapy and is designed to treat certain skin conditions, including psoriasis, vitiligo, atopic dermatitis (eczema), seborrheic dermatitis, and leukoderma. SCI is a provider of Stealth Mark encryption and authentication solutions offering advanced technologies within the security and supply chain management vertical sectors (Intelligent Microparticles), and advanced data intelligence services offering technology for industries, companies, and agencies on a global scale (ActiveDuty).
WELLNESS CENTER USA, INC. 
