[X]
|
QUARTERLY
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF
1934
|
[
]
|
TRANSITION
REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT
|
NEVADA
|
52-2207080
|
(State
or other jurisdiction of
|
(IRS
Employer Identification No.)
|
incorporation
or organization)
|
REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
|
SIBERIAN
ENERGY GROUP INC. (A Development Stage Company)
|
|
|
|||||
Condensed
Consolidated Balance Sheets
|
|||||||
(Unaudited)
|
|||||||
March
31,
|
December
31,
|
||||||
|
2007
|
2006
|
|||||
Assets
|
|||||||
Current
assets:
|
|||||||
Cash
|
$
|
8,920
|
$
|
1,435
|
|||
Management
fee receivable
|
55,000
|
110,000
|
|||||
Prepaid
expenses and other
|
171,281
|
5,272
|
|||||
235,201
|
116,707
|
||||||
Investment
in joint venture
|
-
|
-
|
|||||
Oil
and gas properties, unproved
|
2,700,000
|
2,700,000
|
|||||
Property
and equipment, net
|
2,489
|
2,565
|
|||||
$
|
2,937,690
|
$
|
2,819,272
|
||||
Liabilities
and Stockholders' Equity
|
|||||||
Current
liabilities:
|
|||||||
Accounts
payable:
|
|||||||
Related
party - stockholders
|
$
|
322,357
|
$
|
362,166
|
|||
Related
party - Baltic Petroleum, interest at 14%
|
52,113
|
50,615
|
|||||
Others
|
214,108
|
459,561
|
|||||
Accrued
payroll
|
357,698
|
1,011,788
|
|||||
946,276
|
1,884,130
|
||||||
Stockholders'
equity:
|
|||||||
Common
stock - authorized 100,000,000 shares, $.001 par value,
|
|||||||
15,093,095
and 14,112,961 issued and outstanding
|
15,093
|
14,113
|
|||||
Additional
paid-in capital
|
7,960,247
|
6,593,829
|
|||||
Accumulated
deficit
|
|||||||
Pre-development
stage
|
(449,785
|
)
|
(449,785
|
)
|
|||
Development
stage
|
(5,527,663
|
)
|
(5,218,570
|
)
|
|||
Accumulated
other comprehensive income (loss)
|
(6,478
|
)
|
(4,445
|
)
|
|||
1,991,414
|
935,142
|
||||||
|
$
|
2,937,690
|
$
|
2,819,272
|
|||
See
accompanying notes.
|
|
SIBERIAN
ENERGY GROUP INC. (A Development Stage Company)
|
|||||||||||||||||||
For
the
|
|||||||||||||||||||
Condensed
Consolidated Statements of Operations
|
cumulative
|
||||||||||||||||||
period
of
|
|||||||||||||||||||
Development
|
|||||||||||||||||||
Stage
Activity-
|
|||||||||||||||||||
January
1, 2003
|
|||||||||||||||||||
through
|
|||||||||||||||||||
March
31,
|
|||||||||||||||||||
For
the three months ended March 31,
|
2007
|
2006
|
2007
|
||||||||||||||||
Revenues
and other income:
|
|||||||||||||||||||
Management
fees from joint venture
|
$
165,000
|
$
75,000
|
$
600,000
|
||||||||||||||||
Gain
from entrance into joint venture
|
-
|
-
|
364,479
|
||||||||||||||||
Other
|
-
|
-
|
6,382
|
||||||||||||||||
165,000
|
75,000
|
970,861
|
|||||||||||||||||
Expenses:
|
|||||||||||||||||||
Salaries
|
83,643
|
33,311
|
1,961,710
|
||||||||||||||||
Professional
and consulting fees
|
202,388
|
155,716
|
2,852,034
|
||||||||||||||||
Rent
and occupancy
|
12,385
|
9,737
|
188,628
|
||||||||||||||||
Depreciation
and amortization
|
82
|
86
|
102,799
|
||||||||||||||||
Finance
charges and interest
|
1,499
|
3,848
|
59,875
|
||||||||||||||||
Marketing
and other
|
174,096
|
191,491
|
1,333,478
|
||||||||||||||||
Total
expenses
|
474,093
|
394,189
|
6,498,524
|
||||||||||||||||
Loss
before income taxes
|
309,093
|
319,189
|
5,527,663
|
||||||||||||||||
Provision
for income taxes (benefit)
|
-
|
-
|
-
|
||||||||||||||||
Net
loss (development stage)
|
$
309,093
|
$
319,189
|
$
5,527,663
|
||||||||||||||||
Basic
and diluted loss per common share
|
$
(0.02)
|
$
(0.03)
|
$
(0.61)
|
||||||||||||||||
Weighted
average number of basic and diluted
|
|||||||||||||||||||
common
shares outstanding
|
14,241,408
|
11,621,219
|
9,066,626
|
||||||||||||||||
See
accompanying notes.
|
|
SIBERIAN
ENERGY GROUP INC. (A Development Stage Company)
|
||||||||||||||||||||||
Consolidated
Statements of Stockholders' Equity
|
||||||||||||||||||||||
For
the cumulative period of Development Stage Activity - January 1,
2003
through March
31, 2007
|
||||||||||||||||||||||
Common
Stock
|
||||||||||||||||||||||
|
||||||||||||||||||||||
Number
of
|
Additional
|
|||||||||||||||||||||
|
Shares
|
Par
Value
|
Paid-In
Capital
|
|||||||||||||||||||
Balance,
January 1, 2003 (pre-development stage)
|
4,902,886
|
$
4,903
|
$
430,195
|
|||||||||||||||||||
Loss
for the year - 2003
|
-
|
-
|
-
|
|||||||||||||||||||
Shares
issued in acquisition (ZNG)
|
1,000,000
|
1,000
|
(1,000)
|
|||||||||||||||||||
Balance,
December 31, 2003
|
5,902,886
|
$
5,903
|
$
429,195
|
|||||||||||||||||||
Loss
for the year - 2004
|
-
|
-
|
-
|
|||||||||||||||||||
Foreign
currency translation adjustment
|
-
|
-
|
-
|
|||||||||||||||||||
Shares
issued in acquisition (ZNG)
|
3,450,000
|
3,450
|
746,550
|
|||||||||||||||||||
Shares
issued for professional services
|
50,000
|
50
|
9,950
|
|||||||||||||||||||
Other
|
-
|
-
|
34,426
|
|||||||||||||||||||
Balance,
December 31, 2004
|
9,402,886
|
$
9,403
|
$
1,220,121
|
|||||||||||||||||||
Loss
for the year - 2005
|
-
|
-
|
-
|
|||||||||||||||||||
Foreign
currency translation adjustment
|
-
|
-
|
-
|
|||||||||||||||||||
Shares
issued for professional services
|
385,000
|
385
|
138,365
|
|||||||||||||||||||
Shares
issued for accrued salaries
|
1,700,000
|
1,700
|
210,800
|
|||||||||||||||||||
Warrants
granted for professional services
|
-
|
-
|
217,000
|
|||||||||||||||||||
Balance,
December 31, 2005
|
11,487,886
|
$
11,488
|
$
1,786,286
|
|||||||||||||||||||
Loss
for the year - 2006
|
-
|
-
|
-
|
|||||||||||||||||||
Foreign
currency translation adjustment
|
-
|
-
|
-
|
|||||||||||||||||||
Shares
issued for employee stock option plan and warrants
|
195,000
|
195
|
45,305
|
|||||||||||||||||||
Shares
issued for geological data
|
1,900,000
|
1,900
|
2,235,100
|
|||||||||||||||||||
Shares
issued for professional services
|
1,139,499
|
1,140
|
1,685,351
|
|||||||||||||||||||
Warrants
granted for professional services
|
-
|
-
|
841,177
|
|||||||||||||||||||
Shares
cancelled
|
(609,424)
|
(610)
|
610
|
|||||||||||||||||||
Balance,
December 31, 2006
|
14,112,961
|
$
14,113
|
$
6,593,829
|
|||||||||||||||||||
Loss
for three months - 2007
|
||||||||||||||||||||||
Foreign
currency translation adjustment
|
||||||||||||||||||||||
Shares
issued for geological data
|
200,000
|
200
|
285,800
|
|||||||||||||||||||
Shares
issued for professional services
|
780,134
|
780
|
1,080,618
|
|||||||||||||||||||
Balance,
March 31, 2007
|
15,093,095
|
$
15,093
|
$
7,960,247
|
|||||||||||||||||||
See
accompanying notes.
|
Accumulated
|
||||||||||
Other
|
||||||||||
Accumulated
|
Comprehensive
|
Comprehensive
|
||||||||
Deficit
|
Income
(Loss)
|
Total
|
Loss
|
|||||||
$
(449,785)
|
$
|
-
|
$
|
(14,687
|
)
|
|||||
(422,516)
|
-
|
(422,516
|
)
|
$
|
(422,516
|
)
|
||||
-
|
-
|
-
|
||||||||
$
(872,301)
|
-
|
$
|
(437,203
|
)
|
||||||
(833,567)
|
-
|
(833,567
|
)
|
|||||||
-
|
(53,120
|
)
|
(53,120
|
)
|
$
|
(886,687
|
)
|
|||
-
|
-
|
750,000
|
||||||||
|
||||||||||
-
|
|
-
|
10,000
|
|||||||
-
|
-
|
34,426
|
||||||||
$ (1,705,868)
|
$
|
(53,120
|
)
|
$
|
(529,464
|
)
|
||||
(882,151)
|
(882,151
|
)
|
||||||||
-
|
50,614
|
50,614
|
$
|
(831,537
|
)
|
|||||
-
|
-
|
138,750
|
||||||||
-
|
-
|
212,500
|
||||||||
-
|
-
|
217,000
|
||||||||
$ (2,588,019)
|
$
|
(2,506
|
)
|
$
|
(792,751
|
)
|
||||
(3,080,336)
|
-
|
(3,080,336
|
)
|
|||||||
-
|
(1,939
|
)
|
(1,939
|
)
|
$
|
(3,082,275
|
)
|
|||
-
|
-
|
45,500
|
||||||||
-
|
-
|
2,237,000
|
||||||||
-
|
-
|
1,686,491
|
||||||||
-
|
-
|
841,177
|
||||||||
-
|
-
|
-
|
||||||||
$ (5,668,355)
|
$
|
(4,445
|
)
|
$
|
935,142
|
|||||
(309,093)
|
(309,093
|
)
|
||||||||
(2,033
|
)
|
(2,033
|
)
|
$
|
(311,126
|
)
|
||||
-
|
||||||||||
286,000
|
||||||||||
-
|
||||||||||
1,081,398
|
||||||||||
$ (5,977,448)
|
$
|
(6,478
|
)
|
$
|
1,991,414
|
SIBERIAN
ENERGY GROUP INC. (A Development Stage Company)
|
||||||||||
For
the
|
||||||||||
Condensed
Consolidated Statements of Cash Flows
|
cumulative
|
|||||||||
period
of
|
||||||||||
Development
|
||||||||||
Stage
Activity-
|
||||||||||
January
1, 2003
|
||||||||||
|
through
|
|||||||||
|
March
31,
|
|||||||||
For
the three months ended March 31,
|
2007
|
2006
|
2007
|
|||||||
Cash
flows from operating activities:
|
||||||||||
Net
loss (development stage)
|
$
|
(309,093
|
)
|
$
|
(319,189
|
)
|
$
|
(5,527,663
|
)
|
|
Adjustments
to reconcile net loss to net cash flows from
|
|
|
|
|||||||
operating
activities:
|
||||||||||
Depreciation
and amortization
|
82 | 86 | 102,799 | |||||||
Common
stock and warrants issued
|
||||||||||
for
professional services and salaries
|
1,367,398
|
193,000
|
4,233,816
|
|||||||
Gain
from entrance into joint venture
|
-
|
-
|
(364,479
|
)
|
||||||
Changes
in other current assets and current liabilities:
|
||||||||||
Prepaid
expenses and other assets
|
(111,015
|
)
|
(50,000
|
)
|
(379,679
|
)
|
||||
Accounts
payable and accrued expenses
|
(937,854
|
)
|
152,658
|
2,937,114
|
||||||
Net
cash flows from (for) operating activities
|
9,518
|
(23,445
|
)
|
1,001,908
|
||||||
Cash
flows from investing activities:
|
||||||||||
Expenditures
for licenses and related
|
-
|
-
|
(528,961
|
)
|
||||||
Expenditures
for oil and gas properties
|
-
|
-
|
(770,750
|
)
|
||||||
Expenditures
for property and equipment
|
-
|
-
|
(4,231
|
)
|
||||||
Cash
received in acquisition
|
-
|
-
|
6
|
|||||||
Cash
received from entrance into joint venture
|
-
|
-
|
175,000
|
|||||||
Net
cash flows for investing activities
|
-
|
-
|
(1,128,936
|
)
|
||||||
Cash
flows from financing activities:
|
||||||||||
Net
proceeds from demand loan
|
-
|
-
|
62,500
|
|||||||
Common
stock issued for employee stock option plan
|
-
|
14,000
|
45,500
|
|||||||
Additional
paid-in capital
|
-
|
-
|
34,426
|
|||||||
Net
cash flows from financing activities
|
-
|
14,000
|
142,426
|
|||||||
Effect
of exchange rates on cash
|
(2,033
|
)
|
(821
|
)
|
(6,478
|
)
|
||||
Net
increase (decrease) in cash
|
7,485
|
(10,266
|
)
|
8,920
|
||||||
Cash
- beginning
|
1,435
|
11,551
|
-
|
|||||||
Cash
- ending
|
$
|
8,920
|
$
|
1,285
|
$
|
8,920
|
||||
See
accompanying notes.
|
|
SIBERIAN
ENERGY GROUP INC. (A Development Stage Company)
|
Notes
to Condensed Consolidated Financial Statements
|
|
·
|
During
the arrangement, the Company will receive a monthly management fee
of
$25,000 from ZNG ($55,000 effective November
2006);
|
·
|
Profits
from the Joint Venture are allocated 50% to the Company only after
all
financing of ZNG are settled with Baltic and Baltic’s financing
subsidiaries;
|
·
|
Although
the Company and Baltic each own 50% of the Joint Venture’s shares and each
appoint 50% of the Directors to the Joint Venture, Baltic always
has an
additional casting vote on Board of Director related
issues;
|
·
|
The
Company has essentially no liability to guarantee the debts of the
Joint
Venture;
|
·
|
The
Company recognized a settlement gain of $364,479 as a result of the
initial joint venture transaction. This resulted primarily to adjust
the
Company’s negative investment to zero as of the agreement date. All
activity of ZNG before the agreement date is otherwise included in
these
financial statements.
|
·
|
Obtained
core samples from parametric wells drilled in prior years on the
licensed
areas and adjacent territories in the Eastern part of Kurgan region
during
the initial search for oil and gas in the region, and performed
analysis
of the data provided by the samples;
|
·
|
Completed
a 2D seismic survey on the West-Suersky block (approximately 320
linear
kilometers), the Privolny block (approximately 140 linear kilometers),
and
the Mokrousovky block (approximately 340 linear kilometers) using
Bazneftgeophisica;
|
·
|
Performed
gravimetric surveys on the West-Suersky
block;
|
· |
Completed
approximately 2,106 linear kilometers of gas seismotomographic
and
geochemical surveys performed by Exotrad on the Privolny, Mokrousovsky,
West-Suersky, Orlovo-Pashkovky, South-Voskresensky, Petukhovsky
and
Lebyazhevsky blocks Gas seismotomography is an advanced technique
of
combining active gas geochemistry, passive seismic and electromagnetic
methods. The surveys were performed by Exotrad, a world leader
in this
field. Exotrad has used this technology in more than 260 projects
as well
as “Caspian Pipeline Consortium”; “Sakhalin-2”; and “Blue Stream” in
diverse locations across Asia, Eastern Europe and the
Americas;
|
·
|
Scientific
and technical analysis was performed by the team of geologists,
which
included experts from Exploration Consultants Limited ("ECL"),
a leading
international oil and gas consulting firm (part of RPS Group);
|
·
|
Based
on the results of the gas seismotomographic surveys and high definition
2D
seismic survey shot over the geochemical anomalies found in the
Privolny
and Mokrousovsky blocks, two robust drilling prospects have been
identified in the northern part of the Privolny block;
and
|
·
|
One
structural prospect has been identified in the south west of the
Mokrousovsky license area. The structure has a maximum area of
approximately 72 square km, of which approximately 52 square km
lie within
the licensed area. The surface geochemical anomaly discovered in
the area
lies over the north eastern flank of the structure within the license
area.
|
|
|
·
|
A
drilling location has been recommended by RPS for the prospect,
based
on
the strong structure and geochemical coincidence, which drilling
has not
begun to date.
|
|
Drilling
On The Privolny Block
Drilling
of the first prospect located in the Privolny block is under way.
The
“Privolny-1” well is intended to provide physical data to enable the
seismic survey to be correlated to the geology of the block and
to better
determine the subsurface structures which are present in the block.
ZNG
believes that this will provide an improved analysis to create
a work
program including the drilling of at least two more exploration
wells. ZNG
expects to provide a geological update during the second or third
quarters
of 2007, which period of time is needed to drill and process data
from the
2,000 meter deep well.
ZNG's
Board of Directors decided to drill up to four exploration wells
in
connection with the recent Seismotomographic surveys and high definition
2D seismic shot over geochemical anomalies in Privolny and Mokrousovsky
blocks. At least two of these wells are proposed to be drilled
in northern
locations in the Privolny block and the other two wells are proposed
to be
drilled on the Mokrousovsky block.
In
the event that the wells prove successful in establishing the presence
of
hydrocarbons, of which there can be no assurance, the Board of
Directors
of ZNG intends that production testing will be supervised by a
leading
firm of reservoir evaluation consultants and the Board will then
determine
the most appropriate means of commercializing the license
blocks.
|
o
|
$185,000
to be paid to Business Standard, which was owed to Business Standard
from
ZNG in consideration for Business Standard assisting ZNG with the
process
of the granting of the three oil and gas licenses awarded to ZNG
in June
2006;
|
|
|
o
|
$170,000
to be paid to Mr. Victor Repin (a significant shareholder of the
Company)
and Sergey Potapov (a Director of the Company) in final settlement
of
amounts due to them by ZNG; and
|
|
|
o
|
$44,000
to ZNG's landlord in full settlement of all sums due in connection
with
the rent on ZNG's offices in Kurgan,
Russia.
|
(1)
|
actual
or anticipated variations in our results of operations;
|
(2)
|
our
ability or inability to generate new revenues;
|
(3)
|
the
number of shares in our public float;
|
(4)
|
increased
competition;
|
(5)
|
the
political atmosphere in Russia; and
|
(6)
|
conditions
and trends in the oil, gas, and energy industries in
general.
|
o
|
350,000
shares of our restricted common stock to David Zaikin, our Chief
Executive
Officer and Director in consideration for compensation for the
year ended
December 31, 2006, which compensation was granted by our Board
of
Directors in its sole discretion, even though Mr. Zaikin had previously
agreed not to be paid or accrue any salary for fiscal
2006;
|
|
|
o
|
50,000
shares of our restricted common stock to Elena Pochapski, our Chief
Financial Officer and Director as a bonus for her services rendered
during
the year ended December 31, 2006;
|
|
|
o
|
20,000
shares of our restricted common stock to Timothy Peara, our Director,
as a
bonus for his services rendered during the year ended December
31,
2006;
|
|
|
o
|
25,000
shares of our restricted common stock to Oleg Zhuravlev, our Director,
as
a bonus for his services rendered during the year ended December
31,
2006;
|
|
|
o
|
10,000
shares of our restricted common stock to Vladimir Eret, our Director,
as a
bonus for his services rendered during the year ended December
31, 2006;
and
|
|
|
o
|
10,000
shares of our restricted common stock to Sergei Potapov, our Director,
as
a bonus for his services rendered during the year ended December
31,
2006.
|
Exhibit
No.
|
Description
of Exhibit
|
|
|
10.1(1)
|
Option
Agreement with Baltic Petroleum Limited dated April 28,
2005
|
|
|
10.2(1)
|
License
Agreement between OOO Zauralneftegaz and Baltic Petroleum Limited
dated
April 28, 2005
|
|
|
10.3(1)
|
Loan
Agreement between OOO Zauralneftegaz and Baltic Petroleum Limited
dated
April 28, 2005
|
|
|
10.4(1)
|
Guarantee
by Siberian Energy Group, Inc. dated April 28, 2005
|
|
|
10.5(1)
|
Pledge
and Security Agreement between Siberian Energy Group, Inc. and
Baltic
Petroleum Limited dated April 28, 2005
|
|
|
10.6(2)
|
Option
Agreement with Baltic Petroleum Limited dated April 28,
2005
|
|
|
10.7(2)
|
License
Agreement between OOO Zauralneftegaz and Baltic Petroleum Limited
dated
April 28, 2005
|
10.8(2)
|
Loan
Agreement between OOO Zauralneftegaz and Baltic Petroleum Limited
dated
April 28, 2005
|
|
|
10.9
(2)
|
Guarantee
by Siberian Energy Group, Inc. dated April 28, 2005
|
|
|
10.10
(2)
|
Pledge
and Security Agreement between Siberian Energy Group, Inc. and
Baltic
Petroleum Limited dated April 28, 2005
|
|
|
10.11
(3)
|
Clarification
to the Contract of Purchase and Sale of the Share in Charter
Capital of
LLC "Zauralneftegaz" dated 15 May 2004
|
|
|
10.12
(3)
|
Agreement
with Business - Standard (translated from Russian
version)
|
|
|
10.13
(3)
|
Supplementary
Agreement to Business - Standard Agreement (translated from Russian
version)
|
|
|
10.14
(3)
|
Supplementary
Agreement No. 2 to Business - Standard Agreement (translated
from Russian
version)
|
|
|
10.15
(3)
|
Deed
of Amendment between ZNG and BP
|
|
|
10.16
(3)
|
Deed
of Amendment between the Company and BP
|
|
|
10.17
(4)
|
Joint
Venture Shareholders' Agreement with Baltic Petroleum (E&P)Limited and
Zauralneftegaz Limited dated October 14, 2005
|
|
|
10.18
(5)
|
Amendment
to the Employment Agreement Dated August 1, 2003, with Elena
Pochapski
|
|
|
10.19
(5)
|
Form
of Waiver Agreement
|
|
|
10.20(6)
|
Loan
Agreement between OOO Zauralneftegaz and Caspian Finance
Limited
|
|
|
10.21(6)
|
Deed
of Novation between Baltic Petroleum Limited, Caspian Finance
Limited and
OOO Zauralneftegaz
|
|
|
10.22(6)
|
Deed
of Release
|
|
|
10.23(6)
|
Release
of Pledge
|
|
|
10.24(6)
|
Guarantee
|
|
|
10.25(6)
|
Debenture
|
|
|
10.26(6)
|
Agreement
for the Pledge of the Participatory Interest in OOO Zauralneftegaz
(Russian translation removed)
|
10.27(6)
|
Sale
and Purchase Agreement
|
|
|
10.28(8)
|
Option
Agreement with Key Brokerage
|
|
|
10.29(8)
|
Warrant
Agreement with Key Brokerage
|
|
|
10.30(9)
|
July
26, 2006 Deed of Agreement
|
|
|
10.31(10)
|
Consulting
Agreement with Business Standard
|
|
|
10.32(11)
|
Addition
to the Loan Agreement of November 9, 2005
|
|
|
10.33(11)
|
Gross
Overriding Royalty Agreement
|
10.34*
|
Amendment
No. 2 to the Employment Agreement Dated August 1, 2003 with Elena
Pochapski
|
|
|
31.1*
|
Certificate
of the Chief Executive Officer pursuant Section 302 of the Sarbanes-Oxley
Act of 2002
|
|
|
31.2*
|
Certificate
of the Chief Financial Officer pursuant Section 302 of the Sarbanes-Oxley
Act of 2002
|
|
|
32.1*
|
Certificate
of the Chief Executive Officer pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002
|
|
|
32.2*
|
Certificate
of the Chief Financial Officer pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002
|
|
|
99.1(7)
|
Glossary
|
o
|
February
20, 2007 - To report that the Company’s Board of Directors agreed to seek
a listing on the Frankfurt Exchange.
|
|
|
o
|
February
20, 2007 - To report the Company’s entry into a Consulting Agreement with
Business Standard, and the issuance of various shares of restricted
common
stock to officers, directors and consultants of the
Company.
|
DATED:
_______, 2007
|
By:
/s/
David Zaikin
|
David
Zaikin
|
|
Chief
Executive Officer
|