SCOTTSDALE, Ariz., June 11, 2019 (GLOBE NEWSWIRE) -- BioNovelus, Inc. (ONOV: OTC) announces that it has closed its acquisition of Bayberry Acquisition Corp. and hired Mark Fuller as its new President and CEO.
Mr. Fuller, a West Point graduate, has led several organizations during his noteworthy business career. Most recently, he was CEO of Techshot Lighting, LLC. Previously, he was a senior advisor to Widepoint Corporation (WYY) where he helped take that company from the OTC markets to an American Stock Exchange listing while seeing stock appreciation of over 30x. Mr. Fuller began his career with MCI where he developed expertise in telecommunication and served in numerous C-level positions in the telecommunications and related industries.
“BioNovelus is an excellent platform to execute our strategy of growth through acquisition,” said Mr. Fuller. “We are looking at several candidates to be our first partner company and expect to be in a position to announce something in the third quarter.”
In addition to Mr. Fuller, Jay Wright will also be joining the team at BioNovelus, serving as general counsel to the company. Mr. Wright, a graduate of Georgetown University and The University of Chicago Law School, has had a distinguished business career working primarily with public companies including working with Mr. Fuller on the Widepoint project.
Mr. Jean Ekobo, the former CEO of BioNovelus said, “I am thrilled to have Mark and Jay join the BioNovelus team and lead it to new heights. Due to health reasons, I am retiring from the company but will remain a significant shareholder and plan to help any way that I can.”
In the meanwhile, ONOV’s management plans to do the necessary work to remove the stop sign on its company’s stock on OTCMARKETS.COM before the end of July, 2019
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