MetaCap Inc. Announces New Board Members

Rhea-AI Summary

MetaCap Inc. (OTC: MCAP) has announced the expansion of its Board of Directors to include Michael Franzese and Edward Barry. Franzese, who joined MetaCap in 2015, operates the fixed income division, while Barry, who joined in 2013, focuses on equity market making and customer relations. The board's expansion was approved by the existing board and shareholders. CEO David Menn expressed optimism about the new appointments, citing their industry expertise to help grow the business and explore new opportunities in the fintech sector.

Positive

• Addition of industry veterans Michael Franzese and Edward Barry to the Board of Directors.
• Expected growth in business operations and exploration of new fintech opportunities.

Negative

• None.

ORLANDO, Fla., Feb. 3, 2022 /PRNewswire/ -- MetaCap Inc. (OTC: MCAP) today announced that it has expanded its Board of Directors to include Michael Franzese and Edward Barry.  Mr. Franzese joined the company in 2015 and currently runs the fixed income division.  Mr. Barry joined the company in 2013 focusing on equity market making and customer relationship management.  The expansion was approved by the Board of Directors and the new members were approved by a majority of shareholders.   

"We are pleased to welcome Mike and Ted to our Board of Directors.  They both have many years of valuable industry experience.  I look forward to working with them to continue growing our existing business and finding new opportunities in the fintech industry." said David Menn, MetaCap's Chief Executive Officer.

About MetaCap, Inc.

MetaCap Inc.  is a US based publicly traded corporation with three wholly owned subsidiaries - MCAP Technologies LLC, MBIT LLC and MCAP LLC.  MCAP Technologies LLC is a financial technology company that develops software and distributes data utilized in various financial markets.  MBIT LLC is a digital asset company focused on crypto-currency and DeFi protocols.  MCAP LLC is an SEC registered and FINRA member broker dealer focused on electronic securities market making. 

For additional information about MetaCap, contact Investor Relations, at info@metacaptech.com.  

Please visit our website www.metacaptech.com 

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.

 

View original content:https://www.prnewswire.com/news-releases/metacap-inc-announces-new-board-members-301475278.html

SOURCE MetaCap Inc.

FAQ

Who are the new board members of MetaCap Inc. (MCAP)?

The new board members are Michael Franzese and Edward Barry.

When was the new board expansion announced for MetaCap (MCAP)?

The board expansion was announced on February 3, 2022.

What roles do Michael Franzese and Edward Barry hold at MetaCap?

Michael Franzese runs the fixed income division, while Edward Barry focuses on equity market making and customer relationship management.

What is the significance of the new board members for MetaCap (MCAP)?

Their extensive industry experience is expected to aid in business growth and identify new fintech opportunities.