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Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF), a company involved in the production, growth, and sale of functional mushrooms and psilocybin truffles in legal markets, announced the appointment of Jon Szczur as Interim Chief Financial Officer. The appointment is effective immediately.
Jon Szczur has previously held key positions including CFO at the CFO Centre, where he provided financial management services to various industries, and CFO at Inscape , where he led turnaround activities and the sale of the business. His experience also includes VP of Finance at SMTC, a $300 million publicly traded technology company, and CFO at Adeptron Technologies, a company in the electronic manufacturing services sector.
Positive
- Appointment of Jon Szczur as Interim CFO could bring fresh perspectives and strengthen leadership.
- Jon Szczur’s extensive experience in financial management and turnaround activities could benefit Red Light Holland.
Negative
- Interim CFO appointments might indicate instability or transitional challenges in the company’s leadership structure.
Toronto, Ontario–(Newsfile Corp. – July 4, 2024) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) (“Red Light Holland” or the “Company”), a company engaged in the production, growth and sale of functional mushrooms and mushroom home grow kits in North America and Europe and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws, is pleased to announce Jon Szczur will become Red Light Holland’s Interim Chief Financial Officer (“CFO”) effective immediately.
Most recently, Mr. Szczur joined the CFO Centre as a high-caliber fractional CFO offering a variety of management services to multiple clients in a range of industries. Prior to this Mr. Szczur was the Chief Financial Officer of Inscape Corporation, where he led the turnaround activities and the ultimate sale of the office furniture business. Mr. Szczur was also Vice President of Finance at SMTC the global finance organization of the $300 million publicly traded technology company and Chief Financial Officer of Adeptron Technologies, a global public company operating in the electronic manufacturing services sector.
About Red Light Holland
Red Light Holland is an Ontario-based corporation engaged in the production, growth and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws.
For additional information on the Company:
Todd Shapiro
Chief Executive Officer & Director
Tel: 647-643-TRIP (8747)
Email: todd@redlight.co
Website: www.RedLight.co
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events.
The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the Company’s performance, business objectives and milestones and the anticipated timing thereof, the Company and the Company’s partners to maintain its stated licenses and obtain all necessary additional licenses and regulatory approval required for the Company to carry out its plans as described; and the Company’s plans to seek a successor CFO, including its plans to update its shareholders on its progress.
Forward-Looking information in this press release are based on certain assumptions and expected future events, namely: the Company’s ability to maintain or exceed its current performance, and carry out its business objectives and milestones and under the anticipated timing and costs in connection with, the execution or achievement of such objectives and milestones; the Company to maintain its stated licenses and obtain all necessary additional licenses and regulatory approval required for the Company to carry out its plans as described; and the Company having the ability to carry out its plans to seek a successor CFO.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to maintain or exceed its current performance, and carry out its business objectives and milestones and under the anticipated timing and costs in connection with, the execution or achievement of such objectives and milestones; the Company’s inability to maintain its stated licenses and obtain all necessary additional licenses and regulatory approval required for the Company to carry out its plans as described; and the Company’s inability to source a successor CFO.
Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-Looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215453
FAQ
Who is the new Interim CFO of Red Light Holland?
Jon Szczur has been appointed as the new Interim CFO of Red Light Holland, effective immediately.
What experience does Jon Szczur bring to Red Light Holland?
Jon Szczur has a background as CFO at the CFO Centre, Inscape , SMTC, and Adeptron Technologies, with expertise in financial management and turnaround activities.
What could be the impact of Jon Szczur’s appointment on Red Light Holland?
Jon Szczur’s extensive experience could strengthen Red Light Holland’s leadership and provide fresh perspectives, potentially benefiting the company’s financial performance.
What is Red Light Holland’s stock symbol?
Red Light Holland’s stock symbol is TRUFF on the OTCQB market.
Why might the appointment of an Interim CFO be considered a negative aspect?
The appointment of an Interim CFO might suggest instability or transitional challenges within the company’s leadership.
