SARO SARS Corporation featured news, full reports, and detailed charts
SARS Corporation (SARO/SARO.PK) Wrap Up:
Associated Mechanical operates as an industrial conglomerate. It offers installation of automation technology for commercial spaces, industrial, residential and commercial heating ventilation and air conditioning (?HVAC?) systems as well as plumbing, piping and necessary fixtures. The company is based in the United States.SARS Corporation (SARO:OTC)
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Executives, Board Directors
Key developments for SARS Corporation (SARO)
SARS Corporation Announces Managemennt Changes
11/16/2009
On November 13, 2009, the Board of Directors of SARS Corporation appointed Laurence Shelver as President and Chief Executive Officer of the Company. Larry Shelver founded the Alaska based, Yukon Fuel Company. Mr. Shelver started Yukon Fuel company as a wholly owned subsidiary of Yutan Barge Lines, where Mr. Shelver was President and General Manager. Mr. Shelver brings SARS Corporation a strong labor relations background with years of union contract negotiations experience and National Labor Relations Board hearings experience. Concurrently, on November 13, 2009, in connection with the appointment of Laurence Shelver, Mark Swank resigned as Chairman and President of SARS. Mr. Swank served as Chairman and CEO since August 18, 2009, and will continue to work as a special consultant to the company. In connection with the appointment of Laurence Shelver as Chief Executive Officer, Frank Bonadio was reassigned from his position as Chief Executive officer to Chief Operating Officer of the company.
SARS Corporation Appoints Alan Chaffee as Chief Financial Officer
10/2/2009
On October 1, 2009, the board of directors of SARS Corporation appointed Alan Chaffee as Chief Financial Officer of the company. Mr. Chaffee has over 15 years of professional experience in public accounting and private industry, and has previously acted as Chief Financial Officer for the company. Mr. Chaffee is a CPA and, since 2002, has been the Managing Partner at Goff Chaffee Geddes, PLLC. As a CFO consultant, Mr. Chaffee has assisted development stage companies make the transition to public companies. He has also assisted billion dollar companies in meeting their SEC reporting and Sarbanes-Oxley requirements.
SARS Corporation Announces Management Changes
08/20/2009
On August 18, 2009, Geoff Meagher resigned as Chairman and Interim Chief Executive Officer of the SARS Corporation, a Nevada corporation. Mr. Meagher's resignation arises in connection with the Company's pending completion of its transition from a remote assets tracking company to a mechanical and electrical construction, energy infrastructure, and facilities services company with remote automation technology, system control and monitoring in commercial spaces, as well in connection with the relocation of the Company's core operations to Illinois. Mr. Meagher served as Chairman and Interim CEO since March 13, 2009, when he was appointed to oversee the business transition and transition of management to the current managers of FasTech Services Inc. Also on August 18, 2009, the Board appointed Mark Swank as Chairman and President of the Company, and Frank Bonadio as Director and Chief Executive Officer of the Company. Mark Swank, 38, is the founder and Chairman of the board of Swank Enterprises Inc.
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More Recent News About SARS Corporation
More news for SARO
SARS CORP. Files SEC form 8-K, Change in Directors or Principal Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 13, 2009, the Board of Directors of SARS Corporation, a Nevada corporation ("SARS" or the "Company"), appointed Laurence Shelver as President and Chief Executive Officer of the Company. Larry Shelver founded the Alaska based, Yukon Fuel Company, which he built to $100 million in annual revenues over a five year period with EBITDA of approximately $12 million in 2001. Mr. Shelver started Yukon Fuel Company as a wholly owned subsidiary of Yutana Barge Lines, where Mr. Shelver was President and General Manager. Mr. Shelver was previously a wholesale distributor for Standard Oil of California of petroleum and lubricating products in Interior Alaska and also provided customers with heating systems-sales and services. Over a forty year career Mr. Shelver has held positions from 2nd Mate on a Yukon River tow boat to CEO/Chairman of the Board. Mr. Shelver brings SARS Corporation a strong labor relations background with years of union contract negotiations experience and National Labor Relations Board hearings experience. He also brings SARS Corporation hands on familiarity with building construction, construction approval and implementation of ISO 9000 quality programs, safety plans, environmental regulatory Compliance plans, hazardous waste program implementation and compliance, employee training and certification and has experience in insurance and bonding. Mr. Shelver has a MBA and BA in Management. Additionally, he holds an Airline Transport Pilot License (Jet rated-15,000 hours command time), a US Coast Guard Master Mariner license, a US Coast Guard Chief Engineers License, an American Petroleum Institute 653 Tank Examiner and is a Certified Welder. Mr. Shelver was also a member of Young Presidents Organization (YPO). Concurrently, on November 13, 2009, in connection with the appoi...Click here to read the whole Article (external link)
SARS CORP. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Change in Directors or Principal O
Show all filings for SARS CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for SARS CORP. 2-Oct-2009Completion of Acquisition or Disposition of Assets, Change in Directors or Principal O Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "...Click here to read the whole Article (external link)
SARS Corp. Posts 2008 Financial Statements -- Expects to Issue Subsequent Financials and Return to Fully Reporting Status
SEATTLE, Sept. 24, 2009 (GLOBE NEWSWIRE) -- SARS Corporation, a Nevada corporation d/b/a FasTech Holdings, Inc. ("SARS" the "Company") (Pink Sheets:SARO - News), a mechanical and electrical construction, energy infrastructure and facilities services company providing for a diverse range of businesses, today announced that it has posted its unaudited financial statements for the year ended September 30, 2008, on the Pink Sheets Electronic OTC Markets website. SARS Corporation intends to file the unaudited Financial Statements and Notes to the Financial Statements for the quarters subsequent to September 30, 2008 through June 30, 2009, within the next 14-21 days, after which SARS Corporation intends to complete and file its audited Annual Report, and independently reviewed Quarterly Reports for the corresponding periods, with the Securities and Exchange Commission. These financials reflect the historic business of SARS, and not the current consolidated financial statements of its recently acquired subsidiary, FasTech Services, Inc., which statements the parties are currently working to prepare. Frank Bonadio, CEO of SARS, commented, "Compiling and posting the 2008 Financial Statements marks an initial step toward providing financial information to the public, and reflects our efforts to return to fully reporting status in preparation for our eventual goal of listing SARS stock on a national exchange." About SARS Corp. SARS, d/b/a FasTech, a control systems contracting and serv...Click here to read the whole Article (external link)
SARS Corp. Subsidiary FasTech Services Awarded New Contract: Expands Operations Into Remote Asset Management and Monitoring
SEATTLE, Sept. 22, 2009 (GLOBE NEWSWIRE) -- SARS Corporation (Pink Sheets:SARO - News), a Nevada corporation d/b/a FasTech Holdings, Inc. ("SARS" the "Company"), a mechanical and electrical construction, energy infrastructure and facilities services company providing for a diverse range of businesses, today announces that Fastech Services, Inc., a SARS Corp subsidiary ("FasTech Services"), won a building monitoring system contract with Charles River Laboratories in Roanoke, Illinois. Securing this contract marks the expansion of the Company's construction and infrastructure business into remote monitoring and remote facilities systems control. "The Roanoke contract represents the evolution of FasTech Services from a construction company to a modern infrastructure monitoring and control company that can provide value to our customers long after a construction project ends," said Frank Bonadio, CEO of SARS Corp. "We expect this to provide our customers with long term efficiency and cost savings through enhanced management of energy resources, while enabling us to maintain a longer, closer relationship with our customers. FastTech merged with SARS to take advantage of SARS' experience with remote monitoring technology, and we're pleased to realize the initial benefits of this contract." About SARS Corp. SARS, d/b/a FasTech, is a control systems contracting and services company, providing design and sales, installation services, and monitoring software to building owners and operators. We design, install, an...Click here to read the whole Article (external link)
SARS Corp. Engages Mayer, Hoffman, McCann, P.C and Tatum, LLC for Financial Consolidation and Analysis
SEATTLE, Sept. 4, 2009 (GLOBE NEWSWIRE) -- SARS Corporation, a Nevada corporation d/b/a FasTech Holdings, Inc. ("SARS" the "Company") (Pink Sheets:SARO - News), today announced it has engaged Mayer, Hoffman, McCann, P.C. ("MHM") to assist required completion of financial performance analysis of the businesses of Swank Enterprises, Inc., d/b/a Art & Print, Inc., Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company (collectively referred as "FasTech Services"). The MHM engagement also provides for the financial analysis of T.A. Brinkoetter & Sons, Inc.("TAB"), which holds certain assets that FasTech intends to purchase. Additionally, the Company engaged Tatum, LLC ("Tatum") to complete monthly and quarterly financial statements for FasTech Services and TAB for the period commencing January 2008 through June 2009. In addition to the balance sheet, income statement, and statement of cash flows for each period, the financial statements will include an evaluation of reserves for accounts receivable, inventory, and reconciliations of subsidiary with general ledgers (the "Tatum Agreement"). SARS entered into both the MHM Agreement and the Tatum Agreement to (i) assist in developing and organizing accounting system for FasTech (ii) assist SARS in meeting its disclosure requirements under the Exchange Act of 1934, as amended, and (iii) facilitate SARS' and Mosaic Capital LLC efforts in obtaining capital financing. Frank Bonadio, CEO of SARS, explained, "These engagements...Click here to read the whole Article (external link)
SARS CORP. Files SEC form 8-K, Change in Directors or Principal Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 18, 2009, Geoff Meagher resigned as Chairman and Interim Chief Executive Officer of the SARS Corporation, a Nevada corporation (the "Company"). Mr. Meagher's resignation arises in connection with the Company's pending completion of its transition from a remote assets tracking company to a mechanical and electrical construction, energy infrastructure, and facilities services company with remote automation technology, system control and monitoring in commercial spaces, as well in connection with the relocation of the Company's core operations to Illinois. Mr. Meagher served as Chairman and Interim CEO since March 13, 2009, when he was appointed to oversee the business transition and transition of management to the current managers of FasTech Services, Inc., which the Company recently acquired in a merger announced on July 8, 2009. Mr. Meagher's resignation does not arise from any disagreement on any matter relating to the Company's operations, policies or practices, or regarding the general direction of the Company. Also on August 18, 2009, the Board appointed Mark Swank as Chairman and President of the Company, and Frank Bonadio as Director and Chief Executive Officer of the Company. Mark Swank, 38, is the founder and Chairman of the board of Swank Enterprises, Inc., which initiated the purchase of a conglomerate of Illinois based HVAC and mechanical and electrical construction companies that were merged into FasTech Services, Inc., a wholly owned subsidiary of SARS Corporation (the "Merger"). He was the President and CEO of Associated Mechanical, Inc; R.J Power Plumbing and Heating; T.A. Brinkoetter and Sons, and; Alternatech, Inc. Mr. Swank is responsible for the overall strategy, direction and performance of the businesses and had been the majority shareholder prior to the Merger. Prior t...Click here to read the whole Article (external link)
SARS Completes Acquisition of Installation and Monitoring Businesses
SEATTLE, July 17, 2009 (GLOBE NEWSWIRE) -- SARS (the "Company") (Pink Sheets:SARO - News) announces the closing of a merger between the Company's U.S.-based monitoring and management services business and an Illinois-based conglomerate specializing in mechanical and electrical construction, energy infrastructure, facility installation, service and design (announced June 3, 2009). The companies acquired include Environmental Insulation, Inc., ESDD, LLC, Alternatech, Inc., Swank Enterprises, Inc. d/b/a Art & Print, Inc., Associated Mechanical, Inc. and R.J. Power Plumbing & Heating Company (collectively referred as "Associated Mechanical") through a merger between each of the individual entities and FasTech Services, Inc. ("FasTech Services"), a newly formed, wholly owned subsidiary of SARS. SARS and Associated Mechanical amended the original merger agreement to extend the closing date to July 8, 2009 and adjusted the contemplated share distribution of SARS' common stock to Associated Mechanical to 60%. Resulting from the merger is a new, multi-million dollar operating company with expected combined annual revenues of approximately $35,000,000. The Company will offer facilities systems monitoring controls in addition to building automation for commercial spaces. By focusing on advanced systems-management technology and comprehensive construction services, the combined companies will be capable of providing customers with continuous and up to the minute reports on critical heating, air, electrical, and security systems ...Click here to read the whole Article (external link)
SARS CORP. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits
Show all filings for SARS CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for SARS CORP. 9-Jul-2009Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is"...Click here to read the whole Article (external link)
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