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Stephen A. Komlosy currently serves as Managing Director of London & Boston Investments PLC, a major shareholder of Avatar. Mr. Komlosy currently resides in England. In 1967, Mr. Komlosy incorporated a family-owned business that had a property portfolio of £14m by 1993. Two other property companies were sold to public companies in 1985 and 1987. Of these, one had undertaken three substantial industrial developments with gross assets exceeding £7m, whilst the other had gross assets of £11m. In 1981, he co-founded Branon PLC, a quoted industrial holding company selling bonded oil drilling and pipe handling equipment to North Sea oil operators; the large-scale manufacture of dumper trucks for the Ministry of Defense; and the manufacture of road planners and oil consoles. At Branon, he had specific responsibility for establishing its oil and gas purchasing associate, Covendish Petroleum, PLC, which purchased 140 producing wells in Ohio, USA. | 