Steve Staehr Named Chief Financial Officer of H3Enterprises
September 21 2006 - 9:48AM
PR Newswire (US)
LAS VEGAS, Sept. 21 /PRNewswire-FirstCall/ -- CPA Steven R. Staehr
has been named chief financial officer of H3Enterprises Inc.
(OTC:HTRE) company CEO Jackie Robinson said today. "Steve Staehr
provides us with the battle-tested experience needed to keep
H3Enterprises on a steady financial course. His exemplary work with
publicly traded companies -- and particularly those involved
directly in the entertainment and gaming industries -- gives our
shareholders a proven financial commodity in the areas that matter
most to our company," Robinson said. Staehr brings a distinguished
financial management background in the gaming, tourism and
entertainment industries. A certified public accountant licensed to
practice in Nevada and California, Staehr will be responsible for
handling all aspects of financial accounting and SEC reporting for
H3Enterprises. He joins H3Enterprises from Cash Systems Inc., where
he served as corporate controller for the $100 million company that
provides cash services for the gaming industry. He coordinated the
relocation of the company's headquarters from Minneapolis to Las
Vegas, and will put these skills to use on H3Enterprises' move from
New York City to Las Vegas, as well. Prior to Cash Systems, Staehr
spent six years as vice president and CFO for Encore Productions, a
full-service entertainment production company. During his tenure,
revenues increased more than 70 percent. He negotiated contracts
with major Las Vegas hotels and Fortune 500 companies and managed
the mergers and acquisitions of many new businesses. Staehr's early
career was spent as corporate controller/internal auditor in the
billion-dollar gaming industry for several top firms, including
Mirage Resorts, Boyd Gaming, and Caesars World. During this period,
he mastered the stringent requirements of both the SEC and GAAP and
dealt regularly with the Nevada Gaming Control Board. He began his
career at the accounting firm of Deloitte & Touche.
"H3Enterprises provides me with a wonderful opportunity to use all
of my skill sets and financial expertise with a breakthrough
company that truly has no limits," Staehr said. "My mission is to
keep all of our businesses operating at maximum profitability and
to follow the necessary protocols to bring H3Enterprises to the
NASDAQ. Jackie has assembled an amazingly talented and dedicated
crew that will make this job a truly rewarding experience. I look
forward to meeting and surpassing all of the challenges that lie
ahead of us." About H3 Enterprises, Inc. H3 Enterprises is a
publicly traded company dedicated to the hip hop culture and
lifestyle. H3 is committed to the positive growth of the entire
community through business and educational opportunities. In less
than a year, H3 Enterprises has created a business focused on
feeding the worldwide demand for everything hip hop and maximizing
returns for its shareholders. H3 Enterprises is the owner, creator,
licensor, and franchiser of HipHopSodaShops, HipHopHeaven, Halls of
HipHop, H3Raps, H3WhiteTea, H3Players.com, H3Merchandising, and
H3Players' WorldSeries of CyberSports. Safe Harbor: Certain
information included herein may contain statements that are
forward-looking, such as statements relating to plans for future
expansion and other business development activities. Such
forward-looking information is subject to changes and variations
which are not reasonably predictable and which could significantly
affect future results. DATASOURCE: H3Enterprises Inc. CONTACT:
Contact: Betsy Ward of R&R Partners, +1-702-318-4229, for
H3Enterprises Inc.
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