People: VelaTel Global Communications Inc (VELA.PK)
VELA.PK on OTC Markets Group
0.02USD
17 May 2013
0.02USD
17 May 2013
Price Change (% chg)
$0.00 (+2.18%)
$0.00 (+2.18%)
Prev Close
$0.02
$0.02
Open
$0.02
$0.02
Day's High
$0.02
$0.02
Day's Low
$0.02
$0.02
Volume
109,388
109,388
Avg. Vol
2,383,043
2,383,043
52-wk High
$2.05
$2.05
52-wk Low
$0.01
$0.01
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Yong Tay |
47 | 2008 | President, Director |
George Alvarez |
48 | 2008 | Chief Executive Officer, Director |
Carlos Trujillo |
54 | 2008 | Chief Financial Officer |
Mario Alvarez |
51 | 2008 | Chief Operating Officer, Director |
Kenneth Waggoner |
61 | 2010 | Executive Vice President - Legal, General Counsel, Secretary, Director |
Isidoro Gutierrez |
58 | 2008 | Chief Administrative Officer |
Kenneth Hobbs |
53 | 2009 | Vice President - Mergers and Acquisitions |
Biographies
| Name | Description |
|---|---|
Yong Tay |
Mr. Tay Yong Lee is President, Director of VelaTel Global Communications, Inc., since June 2008. He also is the sole owner and Director of Trussnet Capital Partners (HK) Ltd. From 1992-2009, Mr. Tay was the Chief Executive Officer of Trussnet ADC Co. Inc. This company provides engineering and construction services in connection with commercial buildings, hotels, manufacturing facilities, and telecommunications. From 1986 to 1992, Mr. Tay was with YKK Architectural Products Pte. Co. Ltd. of Singapore and YKK Taiwan Co., Ltd., first as a Quantity Surveyor and then as Manager of the Architectural Products Division. Prior to joining YKK, Mr. Tay was a Quantity Surveyor with Hyundai Engineering & Construction, part of the worldwide Hyundai organization. Mr. Tay received his Tertiary Diploma in Building from Singapore Polytechnic in 1984, professional accreditations from the Singapore Institute of Building in 1998 and a professional designation from the Chartered Institute of Building (United Kingdom) in 2000. |
George Alvarez |
Mr. George Alvarez is Chief Executive Officer, Director of VelaTel Global Communications, Inc. He was appointed a Director in March 2008 and Chief Executive Officer in June 2008. He was Chief Executive Officer of Trussnet Delaware, an architecture, engineering and construction management firm, from 2004 until December 2007 and was Co-Founder of VelociTel, Inc., VelociTel, LLC and their predecessor companies in the wireless network service industry (“VelociTel”). Mr. Alvarez served as VelociTel's President and Chief Operating Officer from 1987 to 2002. He graduated with honors from Airco Technical Institute in Fullerton, California. |
Carlos Trujillo |
Mr. Carlos A. Trujillo is Chief Financial Officer of VelaTel Global Communications, Inc., since June 2008. Mr. Trujillo has worked as the chief financial officer for both public and private corporations. His responsibilities include planning, organizing and managing the activities related to finance and accounting. He is responsible for the SEC regulatory reporting, related reports and compliance with policies and procedures, including consolidation of multi-entity organizations, foreign and domestic. He has performed financial analysis for projections, forecast and financial models. He communicates with the Company’s shareholders and lenders to provide reports and pro forma financial information. Mr. Trujillo received his B.A. degree in Accounting from California State University at Fullerton in 1982 and is a certified public accountant licensed by the State of California. Mr. Trujillo has over twenty-seven years’ experience in accounting and finance. |
Mario Alvarez |
Mr. Mario Alvarez is Chief Operating Officer, Director of VelaTel Global Communications, Inc., since June 2008. From 2002-2008 he provided consulting services to Trussnet Delaware and Trussnet USA Development Co. Inc., which business constructed wireless telecommunications facilities. Mr. Alvarez was co-founder of VelociTel, and served as its Chairman and Chief Executive Officer from 1987 to 2002. He is a member of the American Institute of Architects, the National Council of Architectural Registration Boards and the Construction Specifications Institute. He received his B.A. in Architecture from the University of Washington and his M.A. in Architecture from the University of Idaho. |
Kenneth Waggoner |
Mr. Kenneth L. Waggoner is Executive Vice President - Legal, General Counsel, Secretary, Director of VelaTel Global Communications, Inc. He was appointed a Director and Executive Vice President Legal and General Counsel in January 2009, and Secretary in March 2009. From 2005 to 2007 Mr. Waggoner was the Chief Executive Officer of Foton Motors, Inc., a distributor of Chinese heavy equipment in the United States. From 2005 to 2008 he also acted as a legal advisor to Trussnet Delaware and its affiliated companies and to Euro Pacific Parts International, Inc., a distributor of aftermarket automobile parts in the United States. Mr. Waggoner was Of Counsel with the law firm Morgan, Lewis & Bockius, LLP from 2004 to 2005. From 2002 to 2004, he was Vice President and General Counsel of the Global Downstream operations of ChevronTexaco Corporation. From 1986 to 2002 Mr. Waggoner was a partner with the law firm of Brobeck, Phleger & Harrison. He was the Managing Partner of its Los Angeles office and served on both its Executive Committee and Policy Committee. Mr. Waggoner received his J.D. degree with honors in 1973 from Loyola University School of Law in Los Angeles, California. He received his B.A. degree with honors in 1970 from California State University at Long Beach. |
Isidoro Gutierrez |
Mr. Isidoro Gutierrez is Chief Administrative Officer of VelaTel Global Communications, Inc., since June 2008. From 2002 to 2008 he was Chief Administrative Officer of Trussnet Delaware. From 1987 to 2002 Mr. Gutierrez was the Chief Administrative Officer of VelociTel. He studied Business Administration at Loyola Marymount University in Los Angeles, California. |
Kenneth Hobbs |
Mr. Kenneth Hobbs is Vice President - Mergers and Acquisitions of VelaTel Global Communications, Inc., since June 2009. Mr. Hobbs received his Bachelor’s degree in Economics in 1982 and his J.D. degree in 1985, both from the University of Washington in Seattle. Before joining the Company, he practiced law for 25 years with the law firm of Stafford Frey Cooper in Seattle. His practice included assisting clients with the purchase, sale, and financing of businesses and assets in numerous industries including telecommunications, radio broadcast, vessel transportation and financial services, commercial real estate sales, purchases and leases, regulatory compliance for all aspects of doing business at the state and federal level, and commercial litigation. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Yong Tay |
425,514 |
George Alvarez |
350,000 |
Carlos Trujillo |
550,000 |
Mario Alvarez |
300,000 |
Kenneth Waggoner |
550,000 |
Isidoro Gutierrez |
1,383,900 |
Kenneth Hobbs |
480,000 |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Yong Tay |
0 | 0 |
George Alvarez |
0 | 0 |
Carlos Trujillo |
0 | 0 |
Mario Alvarez |
0 | 0 |
Kenneth Waggoner |
0 | 0 |
Isidoro Gutierrez |
0 | 0 |
Kenneth Hobbs |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
TRUJILLO CARLOS A |
16,500 | $0.10 |
TRUJILLO CARLOS A |
102,539 | $0.08 |
TRUJILLO CARLOS A |
26,756 | $0.08 |
TRUJILLO CARLOS A |
6,900 | $0.03 |
TRUJILLO CARLOS A |
100 | $0.03 |
TRUJILLO CARLOS A |
13,100 | $0.03 |
TRUJILLO CARLOS A |
20,000 | $0.03 |
WAGGONER KENNETH L |
5,000 | $0.04 |
GUTIERREZ ISIDORO |
86,400 | $0.01 |
HOBBS KENNETH |
500,000 | $0.01 |
WAGGONER KENNETH L |
76,500 | $0.01 |
WAGGONER KENNETH L |
123,500 | $0.01 |
WAGGONER KENNETH L |
102,583 | $0.01 |
WAGGONER KENNETH L |
10,875 | $0.01 |
TRUJILLO CARLOS A |
2,659,602 | $0.02 |
TRUJILLO CARLOS A |
1,340,000 | $0.02 |
GUTIERREZ ISIDORO |
111,000 | $0.03 |
GUTIERREZ ISIDORO |
389,000 | $0.03 |
GUTIERREZ ISIDORO |
220,000 | $0.03 |
TRUJILLO CARLOS A |
10,000 | $0.03 |
GUTIERREZ ISIDORO |
280,000 | $0.03 |
TRUJILLO CARLOS A |
1,964,489 | $0.03 |
GUTIERREZ ISIDORO |
2,125,334 | $0.03 |
WAGGONER KENNETH L |
500,000 | $0.04 |
WAGGONER KENNETH L |
500,000 | $0.04 |

