JOURNAL OF AOAC - Key Persons


Anthony M. Frank

Job Titles:
  • Board Advisor
  • Member of the Board of Directors
  • Retired Chairman of the Board and Chief Executive Officer of First Nationwide Bank
Anthony M. Frank is a former Postmaster General and retired chairman of the board and chief executive officer of First Nationwide Bank, the second-largest consumer banking operation in America. Mr. Frank served on the Boards of Charles Schwab & Co. and Allianz Corporation.

David L. Haavig - VP

Job Titles:
  • Chief Scientist
  • Vice President
David Haavig, PhD, Vice President and Chief Scientist, joined MIT in May 1998 as director of research and development. Dr. Haavig has over 30 years experience in instrument design and computer software with applications in optical measurements and analysis. Dr. Haavig, prior to joining MIT, was Technical Director and Principal Investigator on numerous government programs at McDonnell Douglas and San Diego-based Science Applications International Corporation. Dr. Haavig received his Bachelor of Science degree in Physics from the University of Seattle and his Master of Science and PhD in Physics from Purdue University.

Gregg J. Newhuis

Job Titles:
  • Member of the Board of Directors
Mr. Newhuis brings over thirty years of equipment leasing, asset-based financing as well as commercial and retail banking experience to the Board. A 1981 graduate of Eastern Illinois University, he earned a Bachelor of Science degree with a major in Finance and minor in Economics. Mr. Newhuis started his finance career in 1981 with Walter E. Heller & Co., working in the Municipal and Commercial Finance Industries. In 1987, he accepted a position with Phoenixcor Financial, a New York-based finance company, to open and manage an office for them in Hinsdale, IL. In 1991, Mr. Newhuis accepted an offer from Toshiba Machine Co., America (a seller of plastic injection molding machines, machine tools, aluminum die cast machines and robotic equipment) to start and run an in-house private label finance company. He currently continues to operate in this capacity. Mr. Newhuis' banking experience dates back to 2001 when he was part of a group of eleven individuals that originated Advantage National Bank and Trust Company, N.A., a de novo bank located in Elk Grove Village, Il. In 2003, they successfully sold the bank to Wintrust Financial Corporation (Nasdaq:WTFC). Mr. Newhuis served on the surviving bank (Schaumburg Bank & Trust Company, N.A.) Board of Directors and more specifically on its Credit and Risk Committees until December 31, 2012.

Jeffrey G. Nunez - Chairman, President

Job Titles:
  • Chairman
  • Member of the Board of Directors
  • President
Jeffrey has provided investment and public relations consulting services to the Company since October 2006 and has assisted the Company in negotiating and concluding numerous financing arrangements during his consultancy. Mr. Nunez currently serves as Chief Executive Officer and President of Media 3 Communications, Inc. Previously, Mr. Nunez served as Chairman of Lexicon, and led its Advisory Services division. His early work with Government Securities, Corporate Bonds and Municipal Bonds led him to Shearson Lehman Brothers as Vice President of Investments and then Prudential Securities Inc. as Senior Vice President of Investments. His career is benchmarked by high production levels (consistently ranked in the national top ten percent). In 1997 he was recruited to join Fordham Financial Management Inc. and accepted the position of Senior Vice President of Investment to lead their Wall Street Broker - Dealer operations. In late 1999, Mr. Nunez opened his own office of Supervisory Jurisdiction (OSJ) on the 85th Floor of the World Trade Center, Tower One. That OSJ under Providential Securities, Inc. grew from core staff into 20 Brokers with complete support office staff, by late 2000. Then, the Office of Supervisory Jurisdiction Providential Securities, Inc. through market events, transitioned into the Chicago Investment Group, Inc. Jeffrey was appointed President of this consolidated group (OSJ) and Senior Vice president of Investments. In these positions, he filled a number of different roles and responsibilities from investment banking, mergers and acquisitions, to securities trading. Mr. Nunez then began Consultation for public companies, and companies about to go public through Broad Street Capital Inc. a consulting company through which he formerly operated his offices of Supervisory Jurisdiction for Chicago Investment Group and Providential Securities. While serving as Chairman of Lexicon United, Inc. on February 27, 2006, Lexicon acquired ATN Capital Inc. a Brazilian Limited Company engaged in the business of managing and servicing accounts receivables for large financial institutions in Brazil. On July 27, 2007, Lexicon became a public company. Mr. Nunez served as Vice-President and Secretary of and maintained a directorial position with Lexicon until March 2011, and remained as a consultant to the company until March 2012. Mr. Nunez formed Media 3 Communications in January of 2011, and remains the sole owner of this telecommunications company, which owns a California State video franchise.

Victor A. Hollander - CFO

Job Titles:
  • Chief Financial Officer
  • Member of the Board of Directors
  • Director and Audit Committee Chairman
Victor A. Hollander, Director and Audit Committee Chairman, was licensed to practice public accounting in California in 1958. In 1965, he established and was the partner in charge of the Los Angeles office of a large New York certified public accounting firm where he specialized in audit and securities matters. In 1978, he left and formed the accounting firm of Hollander, Gilbert & Co, and in 2002, he joined Weinberg & Company as Managing Director of the West Coast Group. Mr. Hollander, during his professional career, has been active in local, state and national professional activities and has served on various securities, ethics, accounting and auditing committees.