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Virtual Medical International, Inc. Appoints Anthony ("Tony") Moore as New Chairman

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The Board of Directors of Virtual Medical International (OTC: QEBR) has appointed Anthony Moore as Chairman. With over 40 years of experience in global financial services, Moore previously held prominent roles at Goldman Sachs and as Chairman of Corporate Finance at Barclays Bank. CEO Larson Elmore expressed optimism about Moore's leadership amid ambitious growth plans. Moore aims to leverage his extensive network for strategic expansion in key regions. The company focuses on integrating CBD production, product development, and distribution, including the launch of CBD stores in the U.S. and Europe.

Positive
  • Anthony Moore brings over 40 years of global financial services experience.
  • Moore's leadership is expected to guide ambitious growth and acquisition plans.
  • The appointment could enhance the company's strategic network for expansion.
Negative
  • Concerns exist regarding continuity and potential experience gaps as new leadership transitions.

LAS VEGAS, June 21, 2021 /PRNewswire/ -- The Board of Directors of Virtual Medical International, Inc. (OTC: QEBR), a Wellness company in the hemp-derived CBD sector, announced today its appointment of Anthony ("Tony") Moore as a Director of the Company and as its Chairman.

Larson Elmore, Company CEO, said in making this announcement on behalf of the Board that "we are delighted to have Tony Moore join Virtual Medical as its Chairman.  With his more than four decades of experience in the global financial services industry on four continents Tony brings a wealth of knowledge, contacts and real life key professional guidance to multiple public and private companies."

Larson went on to note that "Mr. Moore opened and managed the Goldman Sachs (Asia) Ltd office based in Hong Kong; was Head of Investment Banking at Goldman Sachs Japan in Tokyo and Executive Director at Goldman Sachs Ltd in London where he had responsibility for UK privatizations and relationships with a large number of Footsie 100 companies."

Among Tony Moore's additional credits are as a Member of the Board of Banker's Trust Int'l and Chairman of Corporate Finance at BZW, Barclays Bank's investment banking subsidiary.

Mr. Moore responded by stating that" I am excited to join QEBR and to be able to provide leadership to the Board.  We will be filling out the Board of Directors in the coming months, and I am pleased to be working with Mr. Elmore and his operational staff.  They have charted an ambitious growth and acquisition plan, and this fits very well with where I would like to see the Company headed."

He added, "when I was Chairman of the Africa Development Fund and a Mauritius regulated fund investing in startups, this is exactly the kind of development I really enjoy.  I am particularly interested in providing strategic and financial counsel in the areas that have a significant humanitarian aspect, and will be working closely with the CEO to implement a robust policy in that area."

Currently based in Istanbul, Tony is the Founder and Executive Chairman of Evrensel Capital Partners, a global merchant bank and fund management company (www.evrenselcapitalpartners.com). His extensive, global senior executive level network in government, public entities, financial institutions and corporates in Africa, India, the UAE/GCC and ASEAN are priorities for geographic Virtual Medical expansion.

About Virtual Medical International

Virtual Medical International's business model is designed to help consumers improve the health and quality of their lives by making available an array of high quality, CBD-centric products consistent with a healthy lifestyle. Our objective is to create a fully vertically integrated CBD/Industrial Hemp organization, including grows,product development and manufacturing, and a dedicated, broad-based distribution platform.We plan to accomplish this through targeted acquisitions of select brand assets and cash-flow positive companies,as well as aligning with other companies .To that end, Virtual Medical formed Amsterdam Café as a wholly owned subsidiary in order to become a comprehensive, vertically integrated organization within the CBD whole health sector, which plans to acquire and open CDB Stores across the U.S.A. and Europe.

Contact:
Larson Elmore
Phone: (216) 345-4567
Email: lelmore@virtualmedicalinternational.com

Forward-Looking Statements

Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, and the possible inability to maintain qualified employees or consultants.

Cision View original content:http://www.prnewswire.com/news-releases/virtual-medical-international-inc-appoints-anthony-tony-moore-as-new-chairman-301316593.html

SOURCE QEBR

FAQ

Who is the new Chairman of Virtual Medical International?

Anthony 'Tony' Moore has been appointed as the new Chairman of Virtual Medical International.

What experience does Anthony Moore bring to QEBR?

Anthony Moore brings over four decades of experience in global financial services, including leadership roles at Goldman Sachs.

What are the growth plans for Virtual Medical International under Tony Moore?

The company has ambitious growth and acquisition plans, including expanding its CBD product offerings and opening stores in the U.S. and Europe.

When was the announcement of Tony Moore's appointment made?

The announcement was made on June 21, 2021.

VIRTUAL MEDICAL INTL INC

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