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| Well the stock tanked and rallied all in one day. Not a day for the faint of heart but still one to watch closely. |
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 Hot Stock to Watch |
Company: Lustros Inc. (OTCQB: LSTS)
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Last:
Price: 0.643
Change (%): - 0.037 (5.44)
Volume: 145,789 |
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Lustros Announces Additions to Executive Management Team and Board of Directors
SAN DIEGO - (BUSINESS WIRE) - LUSTROS, INC. (OTCQB: LSTS) announced today that William Farley has accepted the position of Chairman and Chief Executive Officer.
Our current CEO, Gonzalo Troncoso, will remain as President. Making the announcement Mr. Troncoso said, “I am pleased to say that we are nearing completion of a copper sulfate processing facility, which will clearly give us a first class manufacturing capability. In addition, we have created an entirely new subsidiary, Mineraltus SA, to process tailings, which will allow us to expand our copper sulfate business significantly.
“We continue to strengthen our management team and are very pleased that Bill, as a major shareholder and investor, is joining the Lustros management team. Bill has extensive experience in manufacturing, mining, and finance and brings a wealth of knowledge and experience to our company. I, as President, will continue to be intimately involved in all our operations in Chile.”
Regarding his appointment, Bill Farley commented, “Having been a significant, early investor in Lustros, I am now pleased to be an active member of management. I am committed and motivated to complete the copper sulfate plant, begin production, and generate significant positive cash flow for the company.”
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