Mindpix Corp. Announces the Establishment of a formal Business Advisory Board and Appointments to that Board, and New Securities Law Counsel

Jul 18, 2012, 08:31 ET from Mindpix Corp.

ORLANDO, Fla., July 18, 2012 /PRNewswire/ -- Mindpix Corp. (Pink: MPIX). Today Mindpix announces the establishment of its first-ever formalized Business Advisory Board to include Shareholders and Officers Armando Almirall, Mary Waldman, and Roxanna Weber, as well as new Strategic Partners Wayne Kalish and Chris Addison.  The primary purpose of the Advisory Board is to evaluate and execute important business decisions in a collaborative way, including but not limited to the following:

  • How day-to-day company resources will be spent including physical assets to be purchased/leased and related geographic location decisions.
  • Selecting projects to which company resources will be committed.
  • Determining specific amount of resources in the form of financial budgets for selected projects.
  • Business strategy including product manufacturing decisions and whether in-house or contractor-based resources are to be utilized.
  • Decisions concerning employee-related matters.

Resumes of new Strategic Partners Kalish and Addison are as follows:



Wayne Kalish is a contractor-based Chief Financial Officer Services provider focused on maximizing client profit margins. Strategies employed include 1) identifying and driving cost savings in areas that provide little or no benefit to customer and employee stakeholders, 2) renegotiation of vendor contracts in excess of current market rates, and 3) identifying and driving profitable revenue growth opportunities. Mr. Kalish also provides interim, part-time and project-based services in all traditional Private Company and SEC Accounting and Reporting, Finance, Internal Control and Business Model Efficiency disciplines, as well as Financial Personnel Recruitment, and Treasury and Risk Management, including assistance with Capital transactions and Insurance placements and renewals.

A New York native, Mr. Kalish graduated from the University of Central Florida with a Bachelor of Business Administration degree with an emphasis in Accounting. He began his career as a Certified Public Accountant auditing small, medium and large companies for KPMG Peat Marwick (now KPMG). He concluded his twelve-year KPMG career as an Audit Senior Manager with responsibility for managing audits of client companies and evaluating/solving technical accounting and reporting issues.

In 1995, a KPMG client, General Mills, recruited Mr. Kalish to its Restaurant Division (now Darden, Inc. (Darden)) to facilitate a tax-free spin-off that would ultimately make Darden an independent public company. Starting as the Manager of Corporate Reporting, responsible for the company's extensive general ledger and all SEC financial filings, he progressed quickly to become Director of Corporate Reporting and Analysis. The company had approximately 1,200 restaurants and $4 billion of revenue at the time. He then became Senior Director of Corporate Reporting and Analysis, taking on additional responsibilities including Fixed Asset Accounting, Inventory Accounting, and Purchasing Analysis. Mr. Kalish then moved to the company's highly successful Olive Garden Division where he served as Senior Director, Financial Planning and Analysis and Marketing Analysis for the approximately 500 unit concept at the time. He was part of an executive management team that consistently managed operating unit performance and guest satisfaction levels to best-ever results, while at the same time eliminating unnecessary costs and waste from the business. Two years later, Mr. Kalish moved back to the Corporate-side of Darden's business as Vice President/Corporate Officer responsible for a team of 130 Accounting and Finance professionals. His service included playing a key role on the team that guided Darden through its $1.4 billion acquisition of Rare Hospitality Group in 2007. The end result was a company with over 1,700 restaurants and $7 billion in revenue. While employed at Darden, Mr. Kalish obtained a Masters in Business Administration degree from the Rollins Crummer School of Business in 2001.

In late 2007, Tavistock Corporation (Tavistock) recruited Mr. Kalish to be its first-ever Group Chief Financial Officer. Tavistock is a private global investment company with assets exceeding $3 billion in industries including Private Residential and Resort Property, Master Planned Development, Financial Services, Biotechnology, Retail, Energy Generation, and Restaurants. Assuming responsibility for over 500 decentralized entities, Mr. Kalish quickly developed a worldwide financial reporting package, and implemented/strengthened accounting and investment-related controls. He also facilitated development of investment valuation tools/standards and portfolio performance reporting.

In September 2010, Mr. Kalish reunited with a one-time KPMG colleague and was hired to be Executive Vice President and Chief Financial Officer for Concord Management, Limited (Concord), a company that manages over 32,000 affordable apartment home units in nine states. He led a team of 65 Accounting, Tax, Finance, Risk and Cash Management, and Collections professionals. Significant contributions during his 18-month tenure included the following:

  • Facilitated significant cash management cost reductions through banking renegotiations and increased use of technology, as well as other negotiation-based savings to insurance, advertising, software, and other operating-related contracts.
  • Was instrumental in implementing a zero-accident workers compensation protocol/culture change and in moving the organization as a whole toward extraordinary customer service (related to both employees and community residents) and social media/internet-based advertising infrastructures.

Mr. Kalish has a long history of community service including the following:

  • Worked with a team of business owners to construct deep water-wells for rural Costa Rican families.
  • Current Board member, University of Central Florida Alumni Association.
  • Current Committee member, University of Central Florida Foundation Finance Committee.
  • Current Annual Mergers and Acquisitions guest speaker at University of Central Florida and Rollins Crummer Graduate School of Business.
  • Past Board member, Orange County Public Schools Foundation.
  • Past member, Rollins Crummer Graduate Business School Board of Overseers.
  • Past Secretary, Boy Scout Troop 62 Leadership Committee (Father of an Eagle Scout).
  • Past President, University of Central Florida School of Accounting Advisory Board.
  • Past Treasurer, University of Central Florida Sigma Alpha Epsilon Housing Corporation.
  • Past President and Board Chairman, The Center for Independent Living, a not-for-profit social services agency for the benefit of the physically handicapped.
  • Past Treasurer, HRDC, Inc., a not-for-profit housing provider for the physically handicapped.
  • Past President, Orlando Area Rotary Club. Paul Harris Fellow designation.
  • Leadership Orlando Alumni.

Mindpix recently engaged the financial management and accounting services of Mr. Kalish, who brings over twenty-five years of experience in a broad range of financial accounting and business management and oversight experience to Mindpix. He has been instrumental in restating Mindpix financial statements as of and for the year ended December 31, 2011, and in preparing the financial statements as of and for the three-months ended March 31, 2012.



Currently the President & CEO of Simulation and Training Systems (STS), Chris Addison has over 20 years of experience in the simulation, training and gaming industry. Former industry positions include President & CEO of Harrington Group, Vice President of Corporate Development for Jardon and Howard Technologies (JHT), and Vice President of the Training Systems Division, Advanced Engineering and Research Associates (AERA).  While at AERA, Mr. Addison served as Program Manager for the Navy's E-6B Interactive Multimedia Instruction (IMI) program and the Army's Force XXI Battle Brigade and Below (FBCB2) program, plus Program Director for the ExxonMobil and Georgia Power simulation and training projects.  Mr. Addison also served for four years as an elected member of the Board of Directors for the National Center for Simulation (NCS). 

Mr. Addison's teams have developed numerous highly successful simulation, training and serious game projects for systems such as the Cessna Mustang and Gulfstream series aircraft, M1-A2 Abrams Tank, Specialized Reconnaissance Assault Transport System (SRATS), USMC Chain Gun, RG33 Armored Utility Variant (AUV), CC115 Buffalo Aircraft, American Eurocopter, 511 Interactive Map Systems for multiple state Departments of Transportation (including Florida, Virginia and West Virginia), EcoSaver Hybrid Bus, Aircraft Maintenance Lift System and the Boeing Aircraft Maintenance Technician Decision Making Game.  Vigilance is a Counter-IED Training serious game produced by Mr. Addison's teams that was the winner of the 2010 International Serious Games Competition "People's Choice" Award at the Interservice/Industry Simulation, Training, and Education Conference (I/ITSEC).

While on active duty as a Naval Aviator, Mr. Addison established the Office of Training Technology for the Chief of Naval Operations in the Pentagon where he coordinated the technical and investment policy related to training technology.  Other key shore and sea-based Navy assignments included Assistant Deputy Commander for Program Support at the Naval Air Systems Command (Washington, DC), Commanding Officer of the Naval Air Warfare Center Training Systems Division (NAWCTSD) (Orlando, FL), Deputy Program Manager for the V-22 tilt rotor aircraft (Washington, DC), Director of Test and Evaluation at the Naval Air Systems Command (Washington, DC), and Commanding Officer of Helicopter Antisubmarine Squadron FIFTEEN.

Mr. Addison has a B.S in Naval Science (Engineering) from the United States Naval Academy, an M.S. in Systems Acquisition Management from the Naval Post Graduate School and an M.A. in National Security & Strategic Studies from the Naval War College. He also is a graduate of executive training courses at the Duke University School of Business and the Darden School of Business at the University of Virginia plus multiple schools and courses such as the Naval Justice School and Leadership Orlando.  Designated as a DAWIA Level III Program Manager, Mr. Addison is a graduate of the Program Manager's Course at the Defense Systems Management College.

Mr. Addison has joined Mindpix as a strategic operational and technical partner.

Mindpix also recently engaged Jonathan Leinwand, Esq as their new Securities Law Counsel.

Jonathan Leinwand earned his law degree (juris doctor) from the University of Miami School of Law in 1995. Mr. Leinwand first worked for Andrew Hall & Associates in Miami practicing in the area of complex commercial litigation. In 1996 he began his own practice concentrating on private placements, reporting under Securities Exchange Act of 1934, and acted as outside counsel on behalf of public companies traded on OTC Bulletin Board, OTC Markets, NASDAQ and American Stock Exchange as well as other corporate consulting work. Mr. Leinwand acts as "in-house" counsel for publicly traded companies handling corporate and securities issues, managing outside counsel, and advising on capital markets and fund raising. He also advises investors and broker-dealers on PIPES and compliance issues related to private placements and restricted securities. Mr. Leinwand has also brought several companies public through reverse mergers and S-1 registration statements. Mr. Leinwand has served on corporate boards and as an executive in a public company, providing him with a perspective from inside the corporation.

Jonathan D. Leinwand, practice areas include:

  • Reporting under the Securities Exchange Act of 1934 (10-K's and 10-Q's)
  • Registration Statements
  • Private Placements
  • Corporate Governance
  • Securities Compliance
  • Mergers & Acquisitions
  • Small Company Financing
  • Form 211 Filings
  • Company Formation and Structure
  • General Corporate Practice and Advisory
  • Rule 144 clearance and compliance issues for Companies, Investors and Broker-Dealers
  • Due Diligence

Armando Almirall, President of Mindpix Corp., stated, "This is a great time for Mindpix. With all the additional successful skills and talents of these amazing individuals, the company now has the necessary Executive, Administration and Operational staff that will allow the media and entertainment executives to spend time growing their respective divisions and new product developments".

About Mindpix Corp.

Mindpix Corp., ("MPIX"), www.mindpix.com, is a holding company that invests in multi-media entertainment, internet, networks, communications and new emerging technology companies.  Mindpix Corp. operates a collection of multimedia and family entertainment content with the association of their affiliated company and with four main operating divisions: Music, Studios, Networks, and Technologies. Mindpix Corp. owns licensing rights to manufacture and market a music library catalog of worldwide known songs from a list consisting of over 17,500 music master recordings. Mindpix Corp has recently updated their disclosure and financial information at OTC Markets. All files can be found at www.otcmarkets.com/stock/MPIX/financials.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward looking statements involve risks and uncertainties, including, without limitation, the future press releases of MPIX.

Mindpix Corp.
at Universal Studios
CEO, Armando Almirall
Contact info: aa@mindpixcorp.com, (407) 224-6795

SOURCE Mindpix Corp.