David R. Clifton,
Chairman & CEO, is a resident of Woodland Park, Colorado. From 1984 to 1999, Mr.
Clifton was a registered principal/representative of numerous broker-dealers, holding
Series 7, 24 and 63 securities licenses. Mr. Clifton has been self-employed since 1995,
and his securities licenses and NASD associate membership have lapsed as inactive. Since
1995, Mr. Clifton has worked as a partner in CMC Financial Group, Dallas, Texas, providing
consulting services to "small cap" and "shell" companies with shares
traded or to-be-traded in the over-the-counter securities market and in Clifton Investment
Group, Inc., in which he is a principal shareholding officer and director providing
management consulting services to privately held companies. During this same period, Mr.
Clifton also participated in the following businesses: Officer, director and principal
shareholder of Sunrise Software Systems, Inc., a software development and marketing
company; director of Entertainment Trends Corporation an Entertainment business, Beverly
International a Health and Nutrition business; and shareholder and director of J.T.
Bowling, Inc., a manufacturer of a patented bowling ball insert.
James P. Massengale is a resident of Corpus Christi, Texas. Mr. Massengale has 17 years
experience as an independent oil and gas producer/operator in South Texas, performing the
duties of President & CEO, Underwriter, and Investor/Public Relations taking his oil
and gas production company public on the OTC market. Mr. Massengale has a total of 34
years as an entrepreneur with hands on experience as President and CEO of the following
businesses: Entertainment Trends Corporation an Entertainment and Promotional business
where Mr. Massengale organized, promoted, and secured sponsors for sports events and trade
shows, and he won an Addy Award for producing and directing television commercials
advertising these events; Beverly International an International Health and Nutrition
business providing fitness and nutritional guidance and supplement distribution; Click FX,
Inc. (Click FX Web Service) an IT - Web Hosting, Design, Marketing and Public Relations
business where he created and marketed Websites, Magazine Ads, Brochures and provided
Investor/Public Relations duties for various companies. His business background brings a
wealth and variety of experience to the DRC Capital Fund, Ltd. team.
Carolyn J. Massengale, Vice-President
of Administration, is a resident of Corpus Christi, Texas. Mrs. Massengale has over 30
years Office Administration and Management experience in a variety of office situations
where she has developed her marketing/promotion skills along with her administrative and
management skills. She worked 12 years as a Legal Assistant in a law office providing
legal, administrative, accounts payable/accounts receivable assistance and research
skills. She spent several years as Office Manager/Administrative Assistant for an oil and
gas producer/operator where she maintained all production records and regulatory filings
with the Texas Railroad Commission and the Securities and Exchange Commission and prepared
and distributed press releases to media and financial publications. She added hands-on
securities knowledge to her resume while working in the Trial Department of the District
Office at the Securities and Exchange Commission in Fort Worth, Texas. She has served as
Secretary/Treasurer of Entertainment Trends Corporation, an entertainment business,
Owner/Office Manager of Beverly International, a Health and Nutrition business, and
Secretary/Treasurer and Office Manager of Click FX, Inc., an IT - Web Hosting, Design,
Marketing and Public Relations business. |
