NuState Energy Holdings, Inc. (OTC PINK: NSEH) announced today that its Board of Directors named Kathleen Roberton as the company's next President and Chief Executive Officer, effective July 24th 2015. Roberton is the Founder and CEO of Small Cap-Pro and has previously served as CEO/President of two other public companies.
As President and CEO of NuState, Roberton's first priorities will be to bring NSEH current on the company's financial reporting obligations, negotiate debt settlement and position the Company for expansion. Roberton commented, "I'm thrilled to have 2013 10K off of my desk, finally audited and filed. This is a major milestone. I feel that we have a very exciting future! Chairman of the Board, Kevin Yates, has worked tirelessly over the past 2 years to bring NSEH to this point. I believe with the foundation Kevin has laid, we will have the company completely current by next quarter!"
Mr. Yates stated, "In order to keep the company moving forward, we needed to act quickly and think boldly. As a result, we have been diligently working with new accountants and external auditors, recruiting top executive talent and securing international licensing contracts."
NuState Energy Holdings, Inc. is a technology company specializing in vehicle telematics and the connected car. Our proprietary technology, GPSTrax works on any car manufactured since 1996 allowing us to access car sensors through the government-mandated open OBDll port. GPSTrax relies on low-cost hardware that can be easily self-installed under the dashboard and paired via Bluetooth/Wi-Fi to a mobile device, storing data in the cloud.