Business
Breathe eCig Corp. Chief Executive Officer Joshua Kimmel Resigns Company to Pursue Personal Interests and Company Appoints Seth M. Shaw as Interim Chairman & Chief Executive Officer Effective Immediately
Breathe eCig Corp. Chief Executive Officer Joshua Kimmel Resigns Company to Pursue Personal Interests and Company Appoints Seth M. Shaw as Interim Chairman & Chief Executive Officer Effective Immediately.
About this update from White Fox Ventures, Inc.
[{"type":"text","content":"\n\n\n\nBreathe eCig Corp. Chief Executive Officer Joshua Kimmel Resigns Company to Pursue Personal Interests and Company Appoints Seth M. Shaw as Interim Chairman & Chief Executive Officer Effective Immediately\n\n\n\n\n\nBreathe eCig Corp. Chief Executive Officer Joshua Kimmel Resigns Company to Pursue Personal Interests and Company Appoints Seth M. Shaw as Interim Chairman & Chief Executive Officer Effective Immediately\nPR Newswire\nNEW YORK, January 25, 2016\n\n\n\nNEW YORK, January 25, 2016 /PRNewswire/ --\n\nBreathe eCig Corp. (OTCQB:  BVAP) (\"Breathe\" or the \"Company\"), an electronic cigarette industry innovator and pioneer, today announced that Mr. Joshua Kimmel has resigned as an officer and member of the Board of Directors (the \"Board\") of the Company to pursue other interests.  Simultaneously, Mr. Seth M. Shaw has been appointed to the positions of Chairman of the Board and Interim Chief Executive Officer and Chief Financial Officer effective immediately.  The outgoing CEO Mr. Josh Kimmel will remain as a consultant to the Company, and will continue to assist the Company in several important capacities.  In addition, Mr. Shaw expects to appoint a minimum of two new Board members during the months of January and February 2016.  A Current Report on Form 8-K reflecting the above mentioned management changes shall be filed within the next four business days, as required by rules of the Securities and Exchange Commission.\n\nMr. Shaw shall continue to run Tauriga Sciences, Inc. (\"Tauriga\") as its Chairman and CEO, in addition to his new capacities with Breathe.  There are no conflicts of interest that arise from today's appointment; however it should be noted that Breathe currently owns approximately 10,000,000 shares of Taurgia common stock and Tauriga currently owns approximately 2,700,000 shares of Breathe common stock.  These shares were exchanged pursuant to a previously announced joint venture executed in March 2015 by both companies.\n\nIn the short term, the Company will focus on generating revenue from it's substantial inventory of electronic cigarette products, and will evaluate potential acquisition targets as an additional method to create long-term shareholder value.  \n\nCommenting on his appointment as Chairman and Interim CEO, Mr. Shaw expressed, \"Th...