Regalworks Media Inc (OTCMKTS:RWMI) Appoints New CFO: Stock To Watch

Regalworks Media Inc (OTCMKTS:RWMI) announced the appointment of Alan Bailey as Chief Financial Officer. He will report to the President and CEO, Randy Packett. Well-known to the firm, he has given public reporting services and financial consulting in the last few years.

Trading Data

On Wednesday, RWMI stock ended flat at $0.0548 with more than 36.12K shares, compared to volume of 1.70K shares. The stock moved within a range of $0.0548 – 0.0548 after opening trade at $0.0548.

Bailey has over five decades of private and public companies with both financial and accounting services in a number of industries. He had a number of senior financial positions for international and national corporations, including being a Senior Executive for Paramount Pictures. Currently working as virtual CFO for numerous publicly traded companies, he specializes in financial reporting, regulatory compliance, audit, and corporate governance. Bailey has facilitated firms to increase profitability, enterprise value, and operational efficiencies.

A Fellow of the Institute of UK Chartered Accountants, Bailey is an alumnus of firms such as Grant Thornton and Ernst & Young.

Pure Rudi, LLC is a wholly-owned subsidiary of RegalWorks.  The company is focusing on the wellness and health industry through the production, cultivation, distribution, and sales of teas, tinctures, and creams. This reduces swelling, joint pain, and other physical ailments under the “PureRudi” brand. The firm is looking to acquire and merge with businesses established in the health and medical technology field.