Stabilis Energy, Inc. Announces Management Changes
August 02, 2019 at 01:32 am IST
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Stabilis Energy, Inc. announced that in accordance with the Share Exchange Agreement, upon the completion of the Share Exchange on July 26, 2019, Peter Menikoff, Charles Dauber, J. Hoke Peacock, Neal Dikeman, and Edward Kuntz resigned from the Company's board of directors, which resignations were not the result of any disagreements with the Company relating to the Company's operations, policies or practices. In accordance with the Share Exchange Agreement, upon the completion of the Share Exchange on July 26, 2019, Peter Menikoff resigned as Chairman and CEO of the Company and Don Boyd resigned as Chief Financial Officer of the Company. On July 26, 2019, following completion of the Share Exchange, the Company's board of directors appointed James Reddinger, James Aivalis, Will Crenshaw, Ben Broussard, Arthur G. Dauber, Mush Khan, Edward Kuntz and Peter Mitchell as additional directors to hold office until the next annual stockholders meeting and appointed the following as the sole officers of Company: Casey Crenshaw as Executive Chairman; Jim Reddinger as President and Chief Executive Officer; Andrew Puhala as Senior Vice President, Chief Financial Officer and Secretary.
Stabilis Solutions, Inc. and its subsidiaries is an energy transition company. The Company provides turnkey clean energy production, storage, transportation and fueling solutions primarily using liquefied natural gas (LNG) to multiple end markets. The Company provides liquefied natural gas (LNG) solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It builds and operates cryogenic natural gas processing facilities, called liquefiers, which convert natural gas into LNG through a purification and multiple stage cooling process. It owns and operates a liquefier that can produce up to 100,000 LNG gallons per day in George West, Texas and a liquefier that can produce up to 30,000 LNG gallons per day in Port Allen, Louisiana. It offers its customers a virtual natural gas pipeline by providing turnkey LNG transportation and logistics services in North America.
STABILIS SOLUTIONS, INC. 
