Form 8-K for FUTUREWORLD CORP.
Change in Directors or Principal Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersFutureWorld announces today that on January 1th, 2015, the Company has elected Mr. John Verghese as the Chief Executive Officer (CEO) of HempTech Corp., effective January 15, 2015. Mr. Verghese is a communication and telecommunication expert with over 20 years of experience including 3+ outside of the US in building and operating local and wide area networks. Well rounded in all the functional areas of the communication and telecom industry from planning, engineering and operations to sales and customer support. Efficiently manage large capital budgets ($100M+) per year, identify and implement cost cutting measures. Key individual in the planning and engineering of Progress Telecom’s fiber based core telecommunication system between Miami and New York which included over 9,000 fiber route miles, 30 metro networks and 240 POPs. Network technologies included 10 Gigabit DWDM, T-1 to OC-192 SONET, Digital Cross-connect Systems, Ethernet, Microwave, WiFi and 10 Gigabit IP Routers.
Mr. Verghese has been instrumental in building the state-of-the-art products and solutions for HempTech through Infrax systems. Mr. Verghese will continue his extensive contribution by bringing HempTech to its next stage of development by generating revenue through delivering products and solutions to the grow industry in 2015. Mr. Verghese will also prepare the company for the ensuing spin-off or purchase.
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