American Metals Recovery and Recycling Inc. (OTCMKTS:AMRR) Announces Appointments to Board of Directors
American Metals Recovery and Recycling Inc. (OTCMKTS:AMRR), holding company of AMR Resources, LLC d/b/a Multiband Global (MBG), has announced on October 12, 2022, about appointing Lily Tapia and Dhani Jones to the company’s Board of Directors. The appointments are effective from October 6, 2022.
Trading Data
On Wednesday, AMRR stock slid 0.85% to $2.3300 with 500 shares, compared to volume of 2.95K shares. The stock moved within a range of $1.9000 – 2.3300 after opening trade at $1.9400.
American Metals Recovery and Recycling, Inc. Appoints Lily Tapia and Dhani Jones to its Board of Directors
Ms. Tapia has more than three decades of expertise in corporate finance. She started her career at Bank of America in 1991, and served the combined Bank of America Merrill Lynch organization for over 24 years in several leadership roles. In 2017, she joined Trivest Partners specializing in private equity for middle market companies and in 2019 she founded and became CEO of Exelvest Partners, a Miami based investment firm specializing in growing the value of founder owned businesses.
Mr. Jones is a TV host, entrepreneur, philanthropist, and former football player for the NFL. In 2014, he co-founded Qey Capital, an investment firm focused on diversity, where he is Chairman. He also founded BowTie Cause in 2010, which evolved from a philanthropic initiative to a clothing and apparel producer and distributor. He spent over 10 years in the NFL playing for the NY Giants (2000 to 2003), Philadelphia Eagles (2004 to 2006) and Cincinnati Bengals (2007 to 2010).
James Frinzi, CEO of American Metals Recovery and Recycling, has expressed his elation over the two new board members. He is certain that their experiences and leadership qualities will be invaluable to the company. Joseph O’Bell was also appointed as the Company’s Chief Legal Officer.
Key Quote
“We are excited to welcome Lily and Dhani to our Board of Directors,” commented James Frinzi, CEO of American Metals Recovery and Recycling. “As we continue to build out our company and management team we strongly believed that we needed to enhance our board with individuals that bring fresh ideas along with valuable experience to assist us going forward. We feel very fortunate to add Lily and Dhani. We believe each will leverage their experiences and provide leadership and insight to our platform as we continue to bring our full service IT and networking lifecycle offerings to customers across the globe.”
Traders Corner
AMRR stock is trading below the 20-Day and 50-Day Moving averages of $2.20 and $2.39 respectively. However, the stock is trading below the 200-Day moving average of $2.40.
