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WEST PALM BEACH, Fla. -- Striker Capital Corp. announced yesterday it has changed its corporate name to Petro Plus USA and its trading symbol to "PTRP," a move that the company's management believes will provide increased recognition in the investment community and align the company with its core business.
Petro Plus USA Inc. is a development stage company focused on the acquisition, ownership and operations of a portfolio of retail gasoline stations. The company's management has developed a comprehensive acquisition plan and business integration strategy and has already identified acquisition candidates, which would allow Petro Plus USA to begin operations in the southeastern United States in the latter half of 2006.
The businesses being acquired will include convenience stores that offer a broad selection of merchandise and ancillary products and services, including car care products, tobacco, beer, soft drinks, self-service fast food and beverages, publications, dairy products, groceries, health and beauty aids, money orders and other services.
Petro Plus USA also announced yesterday the completion of its domicile change from the state of Colorado to the state of Nevada, and the appointment of its management team and additions to its board of directors. Effective July 1, 2006, David Cohen was appointed president and chief executive officer; Robert Rudman was appointed chief financial officer, secretary and treasurer; and Douglas Martin was appointed vice president and chief operating officer. Cohen and Rudman were also appointed to the Board of Directors and Martin serves as Chairman of the Board.
Cohen has extensive experience in the securities markets, corporate finance and consulting for publicly-traded companies. As an advisor for various investment banks and brokerage firms from 1996 to the present, he specialized in the small and micro-cap markets. He was responsible for arranging financings in the public and private equity markets for emerging companies in a variety of industries. Cohen was responsible for managing more than $65 million of non-discretionary assets. From December 2000 to January 2003, he was a Principal/Branch Manager at Wachovia Securities, Inc. in Southern Florida. He earned his Bachelor's degree from Pace University in New York City.
Martin is chairman of D.P. Martin & Associates Inc. of West Palm Beach, Florida. For more than five years, his firm has offered a range of consulting services to its clients. Having established an extensive network of financial investors, Martin and his associates serve as business consultants to a wide variety of public and private companies in the US and international markets. Martin, a Canadian citizen, obtained his degree from Sir Sanford Fleming College and advanced credits from the University of Guelph, Ontario, Canada.
Rudman, also a Canadian citizen, is director of finance for D.P. Martin & Associates Inc. He is a Canadian chartered accountant with more than 20 years of experience assisting public companies. He also serves as chairman of SmarTire Systems Inc. of Richmond, British Columbia, Canada. Rudman joined SmarTire in 1993 as chief financial officer and was appointed president and chief executive officer in 1996. In June 2006, he resigned his management position with SmarTire, accepted the new appointment of non-executive Chairman of the Board and relocated to Florida to join the management team of D.P. Martin & Associates Inc. Prior to joining SmarTire, Rudman was a partner in a consulting firm providing professional assistance to publicly-traded companies. He became a chartered accountant in 1974 and worked with Laventhol & Horwath and Price Waterhouse. In addition to his Chartered Accountancy degree, Rudman holds a Bachelor of Arts degree from Lakehead University in Thunder Bay, Ontario, Canada.