MONTEREY, Calif., Dec. 6, 2011  /PRNewswire/ -- Drayton Richdale Corporation (OTC:DRYN) welcomes the following individuals as new members of its Board of Directors. The new appointees will enhance the company's capabilities and complete the development and operation of the Shale Oil Extraction Plant targeted for the State of Wyoming:

John G. Palmer, Ph.D.

Dr. John Palmer is the Safety and Security Director for UC San Diego's Department of Chemistry and Biochemistry. He has been guiding the department's safety efforts since 1986. He has served as a contributing member of several campus-wide committees for the oversight of UC San Diego's Environment, Health and Safety programs throughout his more than 20 years of university service. Prior to working for UC San Diego he was the research manager for Quantum Group, Inc where he helped develop company products used to detect deadly carbon monoxide gas. Quantum Group carbon monoxide detectors are now use in products distributed both nationally and worldwide. He has also served as a professional safety consultant to local pharmaceutical and technology companies in the San Diego area and has taught classes on the Chemistry of Hazardous Materials through UC San Diego Extension.

Dr. John Palmer received both his Doctorate and Master's Degrees in Chemistry (Inorganic/Bioinorganic) from UC San Diego, and his Bachelor of Science Degree from Miami University in Oxford, Ohio. He has served on the Executive Board of the San Diego Section of the American Chemical Society (ACS) for over 20 years, including as its Chair in 2005. He is currently a councilor for the San Diego Local Section and as such represents nearly 3000 local professional chemists to their Society at the national ACS level. He is an active member of several ACS Divisions including Chemical Education, Chemical Health and Safety, Chemistry and the Law, Environmental Chemistry, and Chemical Toxicology.

Maria Q. Feng, Ph.D.

Dr. Maria Feng is Chancellor's Professor at the Department of Civil and Environmental Engineering at the University of California, Irvine (UCI).  She is the Founding Director of the Center for Advanced Monitoring and Damage Inspection at UCI.  With a PhD in Mechanical Engineering from the University of Tokyo, She has a wide variety of research interests focusing on multidisciplinary science and technology in (1) advanced sensors and nondestructive evaluation techniques for structural health monitoring and diagnostics; (2) intelligent asset management; (3) multi-hazard mitigation; (4) smart and green materials and structures; and (5) innovative rehabilitation and construction technologies.  She has received the NSF Career Award, the ASCE/ASME/IEEE Alfred Noble Prize, the ASCE Collingwood Prize, the ASCE Huber Prize for Civil Engineering Research, and the SICE Best Paper Award, among numerous honors and recognitions.  She has been elected Fellow of ASCE.

Dr. Feng is also an integral principal of Newport Sensors, Inc. a company that developed and commercialized advanced sensors, nondestructive evaluation (NDE) devices, and structural health monitoring software in order to deliver integrated turnkey systems for long-term structural health monitoring, diagnostics, and prognostics.

Jeffery R Bowles:

Mr. Jeffery R. Bowles has over 25 years of management experience dating back to 1976 as Director of Administration of a private utility company in Anchorage Alaska.  Following the successful turn-around of that company and its subsequent sale, Jeff was a principal in a software development company and was managing partner in two land development projects in Anchorage.  In 1986, Mr. Bowles along with two other partners formed Jet Support Corporation in Seattle Washington an aerospace company that specialized in after-market support services to commercial aviation.  Jet Support grew to 24 million in sales and was sold to Volvo Aero in 1999 where he served as Vice President and Chief Operating Officer of the Seattle division for two years.  Following his departure from Volvo, Mr. Bowles served as interim president at Avolo.com and International Aero Corp helping with turn-a-rounds in both companies. 

In 2004 Mr. Bowles started and is presently the President and managing partner of Northwest Aviation Services located in Seattle Washington.  Mr. Bowles completed studies at the University of Alaska in Business Administration and Chapman University where he completed studies in the BAOL program for Leadership and Organizational Development.  He presently resides in Federal Way, Washington and is married to Georgia Lee and has four grown children.  Mr. Bowles has served on the Boards of various companies including Anchorage Softball Association, Jet Support, International Aero, Avolo.com, Boy Scouts of America, Northwest Aviation Services and Boys Club of America.

G. Allen Robinson

Mr. Robinson, as Founder and Principal of The Sienna Company, a design and construction firm of 20 years in Monterey, California, produced the winning design and procured entitlements for the Ocean View Plaza Project for the Cannery Row Marketplace LLC of Palo Alto, CA. The $200 Million ocean side, mixed-use residential and retail center is located on historic Cannery Row in Monterey, California and is scheduled for completion by 2015.

Mr. Robinson and The Sienna Company provided design and development consultation to major domestic and international hotel and resort consortiums including Grand Merritt Resort Hotels and Casinos with projects in Costa Rica, Honduras and Puerto Rico; the Highlands Inn in Carmel, California, and other coastal boutique resort hotels in California. He was retained by the international real estate investment firm, EIE International, to critique Sanctuary Cove in Surfer's Paradise, Australia, rated number one destination resort in Australia at the time.

In Houston, Texas, as Vice President of Astro Development Corporation; Mr. Robinson executed design/build activities for the company totaling over $45 Million of construction in a two-year span.  Dresser Industries Petroleum and Mineral Division in Houston, Texas, entrusted Mr. Robinson with the master plan for their industrial campus.  From his work on the master plan, addition contracts were awarded to his firm, Comprehensive Design Services, Inc., for the off-site facilities for Dresser subsidiaries including Titan Research and Development, Magcobar Oilfield Services Division and the Corporate Training Facility for the entire company.  At one time, Mr. Robinson was under contract with Dresser Industries for sixty million dollars of facilities expansion and new development.

Mr. Robinson holds a Masters in Architecture and Urban Design from Rice University where he attended under full scholarship.  He graduated with honors from the University of Tennessee with a Bachelor of Architecture.  He is a licensed Architect in California and Texas.

Mr. G. Allen Robinson has also been appointed as President of Drayton Richdale Corporation and Mr. Antonio Arnel Maquera will remain as Chairman & CEO.

The company will now proceed with raising capital through the issuance of a $30 Million to $60 Million Convertible Debenture over 5 years, with a face value of eight (8) percent (%) interest per annum for the construction and operation of the Shale Oil Extraction Plant in Wyoming and Coal Oil Extraction Plant in Illinois. The conversion strike point is under analysis and currently projected between $2 - 3 / Share. Due to the expected high revenue stream of the project, the company may only need, $30 Million for the Shale Oil Extraction Plant and then proceed and complete the Coal Oil Extraction Plant from operations.

For more information call:

Veronica Mosley

Drayton Richdale Corporation

702/ 726-2152

email: vmosley@draytonrichdale.com

Investor Relations

Gemelli Capital Trust

888/ 303-2806

email: info@gemellicapitaltrust.com

Certain statements in this press release constitute " forward looking statements " within the meaning of the United States Securities Legislation. The Company's actual results could differ from those in the forward-looking statements. Do not construe this information as investment advice. This is not a solicitation to buy or sell securities. This does not purport to be a complete analysis of the Company. Investing in securities is speculative and carries a high degree of risk.  Past performance does not guarantee future results.  Readers should consult their own advisors.  Information contained in this press release should be independently investigated.  These remarks involve risks and uncertainties.  Risks are not limited to quarterly fluctuations in results or the company's management of growth and competition.  Other risks are detailed in the Company's SEC filings.  Actual results may differ materially from such information set forth herein.

SOURCE Drayton Richdale Corp.

Copyright 2011 PR Newswire

Drayton Richdale (CE) (USOTC:DRYN)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Drayton Richdale (CE) Charts.
Drayton Richdale (CE) (USOTC:DRYN)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Drayton Richdale (CE) Charts.