People: US Aerospace Inc (USAE.PK)

USAE.PK on OTC Markets Group

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23 May 2013
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Summary

Name Age Since Current Position

Michael Cabral

 49 2010 President, Director

James Worsham

 86 2010 Chief Executive Officer, Director

Michael Goldberg

 61 2010 Director

James Henderson

 64 2010 Director

Randall Humphreys

 55 2010 Director

Kenneth Koock

 66 2010 Director

Jerrold Pressman

 73 2010 Director
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Biographies

Name Description

Michael Cabral

 Mr. Michael C. Cabral has been appointed as President, Director of U S Aerospace Inc. (formerly New Century Companies, Inc.). Mr. Cabral has over 30 years experience in the aerospace industry. Mr. Cabral founded Precision Aerostructures, Inc., which holds multiple certifications and is approved as a direct supplier to the United States Department of Defense, in 2007. He has designed, engineered and supplied precision aircraft assemblies, structural aircraft components, and precision machined details for Lockheed Martin Corporation (NYSE: LMT), L-3 Communications Holdings, Inc. (NYSE: LLL), the Middle River Aircraft Systems subsidiary of General Electric Company (NYSE: GE), and many other aerospace companies, defense contractors, and aircraft manufacturers around the world. Mr. Cabral has been employed in various executive, manufacturing and quality engineering capacities with McDonnell Douglas, The Boeing Company (NYSE: BA), Hughes Helicopter Division, Honeywell International, Inc. (NYSE: HON), Allied Signal Division, and Goodrich Corporation (NYSE: GR), Rohr Industries Division, as well as serving with some of the country’s aerospace engineering and manufacturing subcontractors.

James Worsham

 Mr. James Worsham is Chief Executive Officer, Director of U.S. Aerospace, Inc. since September 29, 2010. He developed and has served as head of Aviation Marketing and Business Development for the Southern California Logistics Airport (SCLA) since October 2000, and is responsible for bringing General Electric Co. (NYSE:GE), The Boeing Company (NYSE: BA), Pratt & Whitney division of United Technologies Corporation (NYSE: UTX), Lockheed Martin Corporation (NYSE: LMT), FedEx Corporation (NYSE: FDX), the U.S. Air Force, U.S. Army, U.S. Marines, and others to SCLA. Worsham founded the SCLA School of Aviation Technology. From 1994 to 2000, Mr. Worsham ran Aircraft Marketing, Inc., where he arranged the sale of US-China Cargo from Evergreen to FedEx, oversaw the development of the first Maintenance, Repair and Overhaul (MRO) facility in China, and constructed approximately 100 aircraft in China. From 1989 to 1993, he served as Chairman of the Asia Pacific and North America divisions of Guinness Peat Aviation, a commercial aircraft sales and leasing company valued at more than $4 Billion, where he oversaw the conversion of DC-8 aircraft to freighters and initiated the first aircraft leasing program in China. Mr. Worsham served as President of Douglas Aircraft Company for McDonnell Douglas Corporation, now Boeing, from 1982 to 1989. Mr. Worsham held executive positions with General Electric Co. (NYSE: GE), where he rose from jet engine aero thermo designer, to Vice President Military Engines, Vice President Commercial Engines, and Vice President Market Development, from 1951 to 1982. He received his BS in Mechanical Engineering, magna cum laude, from Vanderbilt University, his MS in Mechanical Engineering from University of Arkansas, and an honorary doctorate from Dartmouth Institute.

Michael Goldberg

 Mr. Michael L. Goldberg has been appointed as Director of U S Aerospace Inc. (formerly New Century Companies, Inc) on April 5, 2010. Mr. Goldberg has served as a director and CEO of IDO Security Inc. (OTCBB: IDOI), which designs and develops electro-magnetic homeland security devices for airport screening, since July 2006. He served as a director and qualified audit committee financial expert for aerospace company Kreisler Manufacturing Corporation (NASDAQ: KRSL), which manufactures precision machined components and high-quality engineered assemblies for military and commercial aircraft engines, from August 2003 to December 2006. There and as a consultant for OAO Corporation, now the Technology Services unit of Lockheed Martin Corporation (NYSE: LMT), Mr. Goldberg has experience with the procurement, bidding and protest processes inherent in the aerospace industry as it relates to contracts and the federal government. OAO subcontractors included Digital Equipment Corporation, Hewlett- Packard Company (NYSE: HPQ), and User Technology Associates, Inc., now a division of DigitalNet Holdings, Inc. (NASDAQ: DNET). Over a 25-year career, Mr. Goldberg has served as senior executive, legal counsel and advisor for numerous private and public companies.

James Henderson

 Mr. James D. Henderson has been appointed as Director of U S Aerospace Inc. (formerly New Century Companies, Inc) on April 5, 2010. Mr. Henderson served as Chief of the Los Angeles Strike Force on Organized Crime and Racketeering for the United States Department of Justice, with primary responsibility for the conduct of all federal law enforcement agency organized crime investigations and prosecutions in the Southwestern United States. He also supervised and conducted covert operations throughout the United States which uncovered corruption by organized crime figures and government officials. Mr. Henderson has more than 20 years in private practice, consulting clients in the areas of U.S. Securities Exchange Act compliance for public companies, Federal Government contracts investigations, Foreign Corrupt Practices Act compliance, SEC investigations, international legal matters, and enforcement of Federal statutes and administrative regulations. He is a former member of the American Bar Association’s Grand Jury and Pretrial Procedures Committee, and maintains working contacts with U.S. Government attorneys and officials throughout the country. Mr. Henderson holds a B.S. in Political Science from Northwestern University, and a J.D. from Arizona State University College of Law.

Randall Humphreys

 Mr. Randall D. Humphreys has been appointed as Director of U S Aerospace Inc. (formerly New Century Companies, Inc) on April 5, 2010. Mr. Humphreys founded and has served as Chairman and a Managing Director of Glenwood Capital, LLC, providing operational and turnaround management consulting, and principal investing in private and public companies, since 1997. In 1996, Mr. Humphreys led the diversification effort of St. Joseph Light & Power Company, a 125 year old, New York Stock Exchange listed, investor owned utility. Previously, he was a member of the investment team Brierley Investments Limited, North American operations, where he served as a senior officer and board member of BIL portfolio companies, including formation of strategic joint ventures. Mr. Humphreys has served as a director or strategic advisor to multiple public and private companies. He received a B.S. in Milling Science from Kansas State University.

Kenneth Koock

 Mr. Kenneth J. Koock has been appointed as Director of U S Aerospace Inc. (formerly New Century Companies, Inc) on April 5, 2010. Mr. Koock served as director and Vice-Chairman of M.H. Meyerson & Co., Inc. (NASDAQ: MHMY), a licensed broker-dealer and market maker in over 4,000 NASDAQ and over-the-counter securities, from 1977 to 2003. Mr. Koock has been involved with raising hundreds of millions in equity funding through IPOs, follow-on public offerings and private placements. He has served as Chairman of Angstrom Technologies, Inc., specializing in security and detection systems, since 2001, Co-Chairman of VSUS Technologies, Inc., and a director of several other public companies. He previously served at numerous investment banks, and is a member of the Securities Traders Association of New York. Mr. Koock received his B.A. from Duke University and J.D. from St. John’s University School of Law.

Jerrold Pressman

 Mr. Jerrold S. Pressman has been appointed as Director of U S Aerospace Inc. (formerly New Century Companies, Inc) on April 5, 2010. Mr. Pressman founded Master Protection Corporation, now a division of Tyco International Ltd. (NYSE: TYC), and served as its President and CEO for more than 20 years, expanding the business to one of the safety protection companies in the world, with more than 50 branch offices, 400 franchises and 2,000 trained technicians throughout the United States. For more than 20 years, Mr. Pressman has been a principal investor and business advisor to True Position Technologies, Inc., a world-class manufacturer of precision machined parts and assemblies for the aircraft, aerospace, and commercial industries. He has founded and served as Chairman of numerous companies in investment, technology and business development, including since 2003, EPD Investment Co., LLC, which funds private and public companies, and finances aerospace and other equipment leasing and acquisition. Mr. Pressman served the Federal Government for a period of 10 years as Co-Chairman of the Board of Visitors, via appointments from two U.S. Presidents, and represented the Federal Emergency Management Agency (FEMA) with the U.S. Congress in implementing legislation throughout the country, and interfacing with state emergency management agencies. He served on the staff of California State University, Los Angeles, as an Instructor and Chairman of the Research and Scholarship Committee.

Basic Compensation

Name Fiscal Year Total

Michael Cabral

 --

James Worsham

 --

Michael Goldberg

 --

James Henderson

 --

Randall Humphreys

 --

Kenneth Koock

 --

Jerrold Pressman

 --
As Of 

Options Compensation

Name Options Value

Michael Cabral

 0 0

James Worsham

 0 0

Michael Goldberg

 0 0

James Henderson

 0 0

Randall Humphreys

 0 0

Kenneth Koock

 0 0

Jerrold Pressman

 0 0

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