C. David Stearnes

On August 16, 2005, C.
David Stearnes joined the Company.
On September 1, 2005, Mr. Stearnes assumed the Company's Chief Financial Officer and Corporate Treasurer capacities.
Before joining the Company, Mr. Stearnes was vice president - finance of NovoSci Corporation, a manufacturer and distributor of medical products used in cardiovascular surgery.
His main role within the corporation was to head the Accounting and Finance departments.
This would include directing all of the activities as they relate to preparing monthly financial statements, development of budgets, banking relationships, payables, receivables, managing corporate assets, cash flow reporting, sales and use tax reporting, inter-company transactions and scheduling the annual audit.
Activities would also include tax strategy and contract administration.
Prior thereto, Mr. Stearnes spent twenty years as corporate or plant controller in various domestic and international corporations - from wholesale distribution, chemical manufacturing, to the new homebuilder industry.
These companies include Fleming Foods, Bunzl Western Packaging, Wisenbaker Builder Services, and over seven years as plant controller with Hempel Coatings and ICI Paints.
Mr. Stearnes was with Devoe Paint and Coatings serving as plant controller in Houston, when ICI acquired the Devoe company.
He has a BS in Accounting from Southeast Missouri State University.