U C, Inc., formerly named Symmetry Technologies, Inc. (OTC: SMMR), (the “Company”), announced today that, effective Feb. 14, 2022, it has appointed David Reckles as a new member to its Board of Directors, its Chief Executive Officer (“CEO”) and corporate Treasurer.
During the past three years, Mr. Reckles has been active in the private label hemp and CBD manufacturing industries. Previously, he spent 20+ years in corporate America as a Chief Technologist and CTO for companies such as American Airlines, AT Kearney, BP, Dell, Dow, EDS, Gap, Pfizer, and United Airlines. He additionally served HP/EDS as an Enterprise Architect and Chief Technologist for many client and company initiatives, with particular emphasis on Information Technology Innovation, automation, configuration management, and mobile technologies.
Donna Rayburn, who has been the CEO and Sole Director of the Company, will assume the role of Chairperson of the Board of Directors of the Company, but will no longer be an officer of the Company.
Separately, the Company is also announcing that it has filed a request with the Financial Regulatory Authority (“FINRA”) for an immediate name change and change in trading symbol. Once approved, the Company will issue an announcement on the date of change implementations.
About U C, Inc. U C, Inc. is a publicly-traded company on the OTC Market, under the symbol “SMMR”. It was founded as a Nevada corporation in 2001 under the name “Symmetry Technologies, Inc.” Today, the Company is a holding company pursuing a business plan of the acquisition over time of majority interest in several companies, each having revenues in excess of $1,000,000, positive EBITDA (earnings before interest, taxes, depreciation and amortization) and positive cash flow.
Safe Harbor: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise.
Source : https://www.newswire.com/news/u-c-inc-smmr-appoints-new-board-member-and-ceo-21635432
- U C, Inc.
- (408) 775-8384
- United States