On January 11, 2013, Anthony DiPaolo’s employment with Roomlinx, Inc. (the “Company”) was terminated. Accordingly, Mr. DiPaolo is no longer the Company’s Chief Financial Officer and Principal Accounting Officer.
On January 11, 2013, the Board appointed Alan Fine as the Company’s interim Principal Accounting Officer and interim Chief Financial Officer. From 2008 through 2011, Mr. Fine, age 59, served as the Chief Financial Officer of Pearlstine Distributors, a privately held distributor of Anheuser Busch, Samuel Adams, Heineken, New Belgium and other craft beers to the Charleston, South Carolina market. In addition to serving as the Chief Financial Officer, during his first year with Pearlstine Distributors, Mr. Fine served as the Director of Operations with respect to the re-engineering of warehouse operations and overseeing certain warehouse additions. Mr. Fine joined the Company in 2011, assuming the role of Vice President of Finance. There are no family relationships between Mr. Fine and any director or executive officer of the Company, and there have been no related party transactions between the Company and any party with which Mr. Fine has a direct or indirect material interest.
On January 11, 2013, the Board also appointed Jason Andrew Baxter as the Company’s Chief Operating Officer. From 2004 through 2009, Mr. Baxter, age 35, served as a Finance Director of CH2M Hill Limited, an engineering construction firm. From 2009 through 2010, Mr. Baxter was employed as an Operations and Finance Director of Echostar Corporation, a telecommunications company. Mr. Baxter has also served as an Advisor for WestBridge Terminals, LLC since 2010 and as an Advisor for Cianbro Constructors, LLC since 2011. Mr. Baxter was retained as a Vice President of the Company in May of 2012 and was appointed as an Executive Vice President of the Company in December of 2012. There are no family relationships between Mr. Baxter and any director or executive officer of the Company. Mr. Baxter’s wife provides certain contract and financial services to the Company through Baxter Facilities LLC, a limited liability company co-owned by Mr. Baxter. The Company has paid Baxter Facilities LLC $46,321 for its services since March of 2012.