Medbox Founder Votes to 'Lean-Out' Director and Officer Compensation - Seite 2

David Trecek 

Mr. Trecek is a thirteen-year veteran of the security & surveillance industry. He is a seasoned C-Level manager who has designed and deployed enterprise class video surveillance systems for various national gaming providers such as Mandalay Bay, Bellagio, Harrah's, Lakes Entertainment, and multiple Native American tribes. He also managed the contract to deploy smaller footprint systems for the YUM! Brands portfolio: (KFC, Pizza Hut, Taco Bell) and their respective franchisees.

Mr. Trecek is well versed in the areas of video surveillance, access control, alarm monitoring, remote video, voice, data and telecom. 

Jaime Ortega 

Jaime Ortega first started with the Company in 2010 during its early stages of corporate development. He was the Company's Field Service Manager overseeing day-to-day operations for Medbox machine maintenance and point-of-sale software updates with the company's information technology developer. Mr. Ortega has over 10 years' experience with computer repair, networking and software feature implementation. He helped to establish every Medbox dispensary location, as well as train employees and operators on key industry insight and knowledge.

P. Vincent Mehdizadeh 

P. Vincent Mehdizadeh founded Medbox's main subsidiary, Medicine Dispensing Systems, in February 2008. He commenced operations for that company in 2010, and in December of 2011 sold that company to what became Medbox, Inc. Mr. Mehdizadeh served as senior consultant from December 2012 until May 10, 2013 for Medbox, Inc. and then transitioned to Chief Operations Officer and Board Chairman for Medbox, Inc. through May of 2014. Mr. Mehdizadeh was responsible for creating the 2 main patents behind the company's technology, helping to assemble the talented management team at Medbox, and also developing the concept behind the business models driving revenue for the company.

"The newly elected board is serving at a fraction of what was being paid to our prior board. I feel we have also added key industry experience and knowledge where it is needed most, on the board," stated Matthew Feinstein. "In addition, we have a fantastic Board Advisory Committee that we feel will help us improve as a company."

The Board Advisory Committee consists of a tax/financial expert, marijuana industry experts, a retired police chief, and a pharmacy industry expert. Their background and relevant experience is listed as follows: