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Dropcar Inc (DCAR.OQ)

DCAR.OQ on NASDAQ Stock Exchange Capital Market

0.78USD
1:30am IST
Change (% chg)

$-0.01 (-1.25%)
Prev Close
$0.79
Open
$0.78
Day's High
$0.80
Day's Low
$0.78
Volume
6,271
Avg. Vol
21,660
52-wk High
$6.35
52-wk Low
$0.54

Summary

Name Age Since Current Position

Michael Richardson

2018 Chairman of the Board, Chief Executive Officer

David Newman

2018 Vice Chairman of the Board, Chief Business Development Officer

Mark Corrao

61 2019 Chief Financial Officer

Victoria Pasquale

2018 Chief Human Resource Officer

Leandro Larroulet

2018 Chief Information Officer

Daniel Gelbtuch

43 2018 Vice President of Corporate Finance and Communication

Sebastian Giordano

59 2018 Director

Zvi Joseph

2018 Director

Solomon Mayer

2018 Director

Joshua Silverman

48 2016 Director
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Biographies

Name Description

Michael Richardson

Mr. Spencer Richardson is Chairman of the Board, Chief Executive Officer of the company. He has served as Co-Founder and Chief Executive Officer of Private DropCar since its inception in September 2014. Prior to his service with Private DropCar, from March 2009 through February 2016, Mr. Richardson served as Co-Founder and Chief Executive Officer of FanBridge, Inc., a platform that enables clients, such as musicians, comedians, influencers, and anyone with a fan base, to manage fan acquisition, retention, and engagement. In 2012, Forbes Magazine selected Mr. Richardson as a “30 Under 30” innovator. Mr. Richardson currently serves on the boards of directors of numerous private companies. Mr. Richardson holds a B.S. in Finance and Marketing from New York University Stern School of Business.

David Newman

Mr. David Newman is Vice Chairman of the Board, Chief Business Development Officer of the company. He has served as Co-Founder, Secretary and Treasurer of Private DropCar since its inception in September 2014 and as Chief Business Development Officer since April 2017. Mr. Newman has served as President of David B. Newman Consultants, Inc., a New York-based consulting corporation, as President of Rockland Westchester Legal Services, PC, a New York-based legal services company, and as a Senior Managing Director of Brock Securities LLC, a broker-dealer that provides investment banking and advisory services, in each instance since August 2012. He previously served as a director of United Realty Trust Inc., a public real estate investment trust, from August 2012 through September 2015. Mr. Newman holds a B.B.A. in Business Management from Hofstra University and a J.D. from Fordham Law School.

Mark Corrao

Mr. Mark Corrao is appointed as Chief Financial Officer of the Company, effective as of February 28, 2019. He has served as Chief Financial Officer of KannaLife Sciences, Inc. since 2012. Prior to that time, Mr. Corrao served as Chief Financial Officer of each of Business Efficiency Experts, Inc., from 2010 through 2012, StrikeForce Technologies, Inc., from 2001 through 2010, and Advanced Communication Sciences, Inc. from 1997 through 2000. Mr. Corrao also has experience in accounting, having previously served as a partner at Frank T. LaFauci, CPAs, as controller at Design Production Management, Inc., as assistant controller at Greenfield Arbitrage Partners, as internal auditor at Spear, Leeds & Kellogg and as an accountant at A.L. Wellen & Co., CPAs. He holds a B.S. in Public Accounting from the City University of New York – Brooklyn College.

Victoria Pasquale

Ms. Victoria Pasquale is Chief Human Resource Officer of the Company. Pasquale comes to DropCar from Aramark, where she was the Vice President of its New York region managing its higher education division that served 59 universities in 11 states, via a team of 14 district managers. Before joining Aramark in 2016, Pasquale spent 15 years at Target in expanding executive roles. During 2014-2015, she was Target's Director of HR and Operations Management for the Northeast region, which included 5,000+ employees. Pasquale earned an MBA from Bellevue University and a B.S. in Marketing from Johnson and Wales University.

Leandro Larroulet

Mr. Leandro Larroulet is Chief Information Officer of the company. He joined Private DropCar in July 2017 as its Chief Information Officer. Prior to joining Private DropCar, Mr. Larroulet served as Chief Operating Officer (COO) for the Argentina based global technology development and consulting firm FDV Solutions from September 2016 to June 2017. Previously Mr. Larroulet held roles at FDV including Senior Project Manager, Software Developer and Network Operator, dating back to September 2007. Mr. Larroulet graduated from FIUBA (Engineering University of Buenos Aires), and also currently serves as both a member of their curricular commission for Information Systems as well as an auxiliary teacher for their Information Analysis program.

Daniel Gelbtuch

Mr. Daniel Gelbtuch is Vice President of Corporate Finance and Communication of the company. He joined Private DropCar in July 2017 as its Vice President of Corporate Finance and Communications. Prior to joining Private DropCar, Daniel was the Co-Founder and Managing Partner of Cedar Grove Capital, an owner/operator of multi-family apartment complexes, from June 2015 through June 2017. From July 2012 through March 2016, Daniel was the CEO of Hot Tin Roof LLC, an investor relations and corporate finance consulting firm with publicly-traded clients such as Neonode (NEON), Marathon Patent, (MARA) IDT, StraightPath (STRP), Vuzix (VUZI), and Walker Innovation (WLKR). From 2008-2010, Mr. Gelbtuch managed the technology stock portfolio at Roaring Brook Capital, a multi-sector long/short hedge fund. From 2001-2007, Daniel was a Senior Equities Analyst at CIBC World Markets covering the semiconductor and intellectual property sectors. Mr. Gelbtuch received a J.D. from Cardozo Law and a BA in Economics from Yeshiva University.

Sebastian Giordano

Mr. Sebastian Giordano is Director of the Company. Mr. Giordano served as the Interim Chief Executive Officer of the Company from August 2013 until April 25, 2016, when the interim label was removed from his title. He has served as the Chief Executive Officer of the Company since such time. Mr. Giordano has served as a director of WPCS since February 2013. Since 2002, Mr. Giordano has been Chief Executive Officer of Ascentaur, LLC, a business consulting firm providing comprehensive strategic, financial and business development services to start-up, turnaround and emerging growth companies. From 1998 to 2002, Mr. Giordano was Chief Executive Officer of Drive One, Inc., a safety training and education business. From 1992 to 1998, Mr. Giordano was Chief Financial Officer of Sterling Vision, Inc., a retail optical chain. Mr. Giordano received B.B.A. and M.B.A. degrees from Iona College. Mr. Giordano’s executive business experience was instrumental in his selection as a member of our Board of Directors.

Zvi Joseph

Solomon Mayer

Joshua Silverman

Mr. Joshua N. Silverman is Director of the Company. From 2003 until July 2016, Mr. Silverman served as the Managing Partner and Co-Chief Investment Officer of Iroquois Capital Management LLC (“Iroquois Capital”) and as managing member of Iroquois Capital Investment Group LLC (“ICIG”). Based upon a Schedule 13D/A filed August 2, 2016, Mr. Silverman and other members of the Iroquois Group were a “group” for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, consisting of Iroquois Capital, ICIG, Iroquois Master Fund, Ltd. (“IMF”), American Capital Management, LLC (“American Capital”), Richard Abbe, and Kimberly Page.

Insider Trading

Name Shares Traded Price

Newman (David B)

 57,729 $0.00

Richardson (Michael Spencer)

 62,927 $0.00

Newman (David B)

 122,321 $0.00

Richardson (Michael Spencer)

 122,321 $0.00

Silverman Joshua

 5,000 $1.29

Richardson (Michael Spencer)

 10,000 $1.21

Silverman Joshua

 11,700 $1.25

Silverman Joshua

 13,300 $1.27

Alpha Capital Ag

 10,000 $2.08

Alpha Capital Ag

 24,100 $2.30

Silverman Joshua

 5,109 $0.00

Alpha Capital Ag

 138,702 $2.60

Alpha Capital Ag

 356,151 $3.53

Alpha Capital Ag

 135,651 $2.74
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