Platinum Pari-Mutuel Announces Appointment of Former FedEx CFO to PPMH's Management Team

Sep 09, 2016, 12:57 ET from Platinum Pari-Mutuel

MEMPHIS, Tennessee, September 9, 2016 /PRNewswire/ --

Platinum Pari-Mutuel (OTC: PPMH) is proud to announce that its search for a strong, professional, and proven CFO has come to completion. PPMH has been able to secure Mr. John Miller, a former CFO at FedEx (Federal Express), to hold the positions of Executive Vice President and Chief Financial Officer.

Paul Baioni, CEO of PPMH stated, "From the first time we met, I have wanted John Miller to join our management team.  During recent discussions with a company for potential acquisition, I had the opportunity to work directly with John.  I believe his professionalism, knowledge, and expertise will be of great benefit to PPMH as we expand our public presence."

Mr. Miller has extensive senior management experience helping corporations realize business opportunities, successfully confront market challenges, and create shareholder and corporate value. He has provided executive leadership to help position companies at the forefront of their industry by ensuring production efficiency, quality service and cost-effective management of resources.

In addition to holding senior executive positions in several industries, Mr. Miller was also former Senior Vice President of Federal Express. He started at FedEx during their start-up phase and spent over 14 years there including holding the position of Chief Financial Officer. Mr. Miller was instrumental in various funding initiatives for Federal Express and was part of the management team that took the company public and listed it on the New York Stock Exchange. His experience also includes assignments with other exceptional international and domestic companies, private and public, in diverse industries. Earlier in his career, he was one of the youngest division controllers in the history of Ford Motor Company.  Mr. Miller is a graduate of The Wharton School of the University of Pennsylvania.

Paul Baioni added, "As we continue to position ourselves over the next several months, John will be instrumental through his assistance with the growth of our company and its products. He indicated to me that he looks forward to the opportunity to work with a start-up that has the potential he sees at PPMH. Once again, I am extremely excited that a man of his caliber, who has held senior management positions with industry leaders like FedEx and Ford, among others, will be joining our team."

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This release contains forward-looking statements that are based on beliefs of Platinum Pari-Mutuel Holdings management and reflect Platinum Pari-Mutuel Holdings current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of Platinum Pari-Mutuel Holdings with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of a salable market, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Platinum Pari-Mutuel Holdings and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release might incorporate by reference the Company's filings and other reports. Investors are encouraged to review all filings. There is no assurance Platinum Pari-Mutuel Holdings will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the acquisitions assets, companies, and projects will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in the market would affect the potential profitability of the proposed acquisition negatively.

Platinum Pari-Mutuel Holdings
Paul Baioni

SOURCE Platinum Pari-Mutuel