VerifyMe, Inc Appoints Mr. James S. Cardwell as Chief Financial Officer on Part-Time Basis
January 18, 2018 at 04:40 pm IST
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On January 11, 2018, in connection with the Consulting Services Agreement, VerifyMe, Inc. appointed Mr. James S. Cardwell as Chief Financial Officer (“CFO”), on a part-time basis. Under a one-year Consulting Agreement, Mr. Cardwell will receive a $1,000 signing bonus and will be compensated at an annual rate of $12,000, per year, payable in equal monthly amounts. Since July 2015, Mr. Cardwell has been the Chief Operating Officer of CFOS and has assisted companies with SEC financial reporting and tax compliance. From June 2011 to January 2015, Mr. Cardwell was CFO of S2BN Entertainment.
VerifyMe, Inc. together with its subsidiaries, PeriShip Global, LLC (PeriShip Global) and Trust Codes Global Limited (Trust Codes Global), is a traceability and customer support services provider using specialized software and process technology. Its segments include Precision Logistics and Authentication. The Precision Logistics and Authentication segments provide specialized logistics for time-and-temperature sensitive products, as well as item level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. The Precision Logistics segment specializes in predictive analytics for optimizing delivery of time and temperature- sensitive perishable products. The Precision Logistics segment includes bundled services, such as PeriTrack, Service Center, Pre-Transit Service, Post-Delivery, and Weather/Traffic Service. The Authentication segment specializes in traceability to connect brands with consumers through their products.