People: Power Air Corporation (PWAZ.OB)

PWAZ.OB on OTC BB

0.31USD
9 Feb 2010
Price Change (% chg)

$-0.20 (-40.20%)
Prev Close
$0.31
Open
--
Day's High
$0.31
Day's Low
$0.31
Volume
200
Avg. Vol
463
52-wk High
$1.60
52-wk Low
$0.20

view people for:

Summary

Name Age Since Current Position
Kim, Hak Jin 46 2009 President, Chief Executive Officer, Chief Financial Officer, Secretary, Director
Harrison, Stephen 53 2005 Director
Potter, William 61 2005 Director
Hur, Jahong 39 2007 Director
Shin, Joon Soo 59 2007 Director
» Insider Trading

Biographies

Name Description
Kim, Hak Jin Mr. Hak Jin Kim is the President, Chief Executive Officer, Chief Financial Officer, Secretary, Director of Power Air Corporation since April 2, 2009. Mr. Kim has operated a consulting company in the area of technology, alternative energies, trading and investment, primarily with Korean companies, since 1985. In addition, since March 2009, Mr. Kim has served as the Director of Global Business Affairs of H-Plus Holdings Ltd., a Company shareholder. Mr. Kim is not a director or officer of any other reporting company.
Harrison, Stephen Mr. Stephen James Harrison is the Director of Power Air Corp since in September 2005 and currently serves as a member of the Audit Committee. With over 25 years of experience in the financial services, funds management and accounting fields, he was an Australian Director for Investec Funds Management, a subsidiary of one of the world's fund management and private investment banking groups, from 2000 to 2003, and was previously Chairman of the Australian Investment Committee for that group. In addition, he previously held the position of sole Australian Director for the Australian subsidiary of Sanford C. Bernstein, a large US-based fund manager, from 1998 to 2001. Mr. Harrison holds a number of directorships and senior management positions with companies based or operating in Australia.
Potter, William Mr. William J. Potter became a Director of Power Air effective September 2005. He is a member of Audit Committee. Mr. Potter is an investment/merchant banker with more than 30 years of experience. He has managed closed-end funds in the United States and Canada and served on the boards of more than 20 United States domiciled public companies, as well as numerous foreign-based companies. Over the past five years, he has been the Chairman of Meredith Financial Group from April 2004 and the President of Ridgewood Group International Ltd. from June 1996 to March 2004. His current directorships include the National Foreign Trade Council, the nation's oldest lobbying organization; Aberdeen Asset Management Limited; and Alexandria Bancorp, a banking subsidiary of Canadian money manager Guardian Capital Group. Mr. Potter received an A.B. degree from Colgate University and a M.B.A. degree from Harvard University. Mr. Potter is also a director of the following other U.S. reporting companies: Aberdeen Asia Pacific Income Fund Inc. (1986 to present); Aberdeen Australia Equity Fund Inc. (1985 to present); and Aberdeen Global Fund Inc. (1991 to present).
Hur, Jahong Mr. Jahong Hur is the Director of Power Air Corp since August 2007. Mr. Hur is the founder, President and Chief Executive Officer of H-Plus Eco Ltd., H-Plus ENG Ltd., H-Plus Bio Ltd. and H-Plus SGS Ltd. (the H-Plus Group), all based in South Korea. H-Plus Group, through its H-Plus Eco subsidiary, signed a letter of intent with Power Air in the fall of 2006 to commercialize ZAFC technology in Asia; and in June of this year, Mr. Hur participated as an investor in a $5 million private placement of Power Air's common stock. Mr. Hur has developed business networks with refineries, engineering companies and motor companies in South Korea, such as GS Caltex, GS E&C and Hyundai/Kia Motors. His first business, H-Plus Eco Ltd., was established in 2000 to focus on soil remediation and environmental engineering. Since that time, he has expanded and diversified his business interest to special gas manufacturing and supply and alternative energy.
Shin, Joon Soo Mr. Joon Soo Shin was appointed as a Director of Power Air Corp in August 2007. Mr. Shin is the Chairman of the SOMO Group. He joined the South Korea-based company in 1979 as the Chief Planning Officer of the SOMO Group and became the CEO of Sungam Marine Transport Co., Ltd., a subsidiary of SOMO, in 1982. In 1986, he became CEO of Donghwa Petroleum Co., Ltd., the predecessor of SOMO Petroleum which recently participated in Power Air's $5 million private placement. Mr. Shin has broad experience as a business executive in the energy sector. Prior to his appointment as Chairman of the SOMO Group in 1998, he served as CEO of all its subsidiaries. He also has experience in the banking industry, having served as the Chairman of Sungam Mutual Credit Union and Hannam Investment Trust in the 1980s and 1990s. Over the past 20 years, he has been the President of the Rotary Club of Kwangjoo in South Korea and a special councilor of the Korean Chamber of Commerce & Industry. He holds a BCom in Management from Korea University and an MBA from Santa Clara University.

Basic Compensation

Name Fiscal Year Total
Kim, Hak Jin 24,538
Harrison, Stephen --
Potter, William --
Hur, Jahong --
Shin, Joon Soo --
As Of 29 Sep 2009

Options Compensation

Name Options Value
Kim, Hak Jin 0 0
Harrison, Stephen 0 0
Potter, William 0 0
Hur, Jahong 0 0
Shin, Joon Soo 0 0

Insider Trading

Name Shares Traded Price
SHIN JOON SOO 2,000,000 $0.20
HUR JAHONG 4,000,000 $0.02
H PLUS ECO LTD 4,000,000 $0.02
HUR JAHONG 5,000,000 $0.02
H PLUS ECO LTD 5,000,000 $0.02
HUR JAHONG 5,000,000 $0.02
HUR JAHONG 15,000,000 $0.10
» Full list on Insider Trading
view people for: