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Kevin Holt, Director, Chief Operating Officer. Mr. Holt was Chief Executive Officer of InsPara Network Technology, Inc. from March 2002 through January 2006. Mr. Holt joined us as our President and Chief Operating Officer in January 2006, transitioned to our Chairman and Chief Executive Officer in August 2006, and became our Chief Operating Officer in September 2006. In November 2006, Mr. Holt plead guilty to a one-count federal charge of conspiracy to commit mail and wire fraud for falsifying and inflating company financial data and deliberately misleading investors while serving as the Chief Executive Officer of InsPara Network Technology, Inc. The authorities were informed of the unlawful conduct by Mr. Holt. Mr. Holt’s sentencing is pending.
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