Lansing, MI, March 25, 2015 --(PR.com
)-- William White is pleased to announce his resignation from all positions with Banneker Inc (a publicly traded company on the Pink Sheet OTC Markets), effective March 23, 2015. Mr. White served as the President and as a Director of Banneker Inc for almost a year, and has stepped down from these positions in order to pursue other interests, both public and private. Mr. White was instrumental in cleaning up the books and records of the company and returning it from a Stop Sign rating to a Current rating on OTC Markets, the listing company for Over The Counter stocks.
“When I originally signed on and took over the day-to-day management of the public side of Banneker Inc, it was done with the understanding that the company would maintain and grow the luxury watch business it housed,” stated William White, former President and Director. “However, the non-viability of that product and the inability to replace it with something better, due to a lack of funding sources interested in the company, made moving it forward and giving the shareholders a profitable and increasingly valuable company an impossible task.”
“Further, this move will allow me to focus on my passion for ND Marketing and its work in the green and alternative energy markets,” added Mr. White. “I look forward to the path ahead as we continue to expand our efforts in those fields and others.”
Safe Harbor Statement:
This release includes forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties as such. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's contract manufacturers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
William White - Former President and Director of Banneker Inc.