GreenCell Names New Chief Financial Officer – OTC:GCLL

GreenCell Inc. (OTC:GCLL), a company involved in a joint venture with SenCer Inc. to develop, commercialize and market SenCer’s UltraTemp™ ceramic composite materials for Home and Transportation applications, recently, declared the hiring of a new Chief Financial Officer.

GCLL employed Shawn Powell Joseph as its fresh CFO. Powell Joseph is a senior-level accounting and information systems executive, with knowledge in internal controls, inventory control, treasury support, worldwide accounting and worldwide financial reporting standards. She brings to GCCL a solid background in divestures, acquisitions and integration planning.

Powell Joseph formerly served as an auditor for Touch’Ross & Company. She as well worked as a corporate planning analyst for TransOhio Savings Bank.

The hiring of Powell Joseph comes a few days following GCLL declared the development of a number of overseas-based suppliers for its rare earth material demands. GCLL stated that it is developing multiple vendors to make sure price and supplier options for use with its igniter and automotive product applications. In addition, a number of fresh vendors are presently being qualified for approval with help from GCLL’s Joint Venture partner, General Automotive.

Greencell Inc (OTC:GCLL) shares lost -9.09% to close at $0.20 with the total traded volume of 3.12 million shares having the average volume of 0.11 million.

Its shares were trading within the range of $0.15-$0.29 while its opening price was $0.25. Its market capitalization is $6.50 million. Its stock price 52 weeks low was $0.15 and 52 weeks high price was $1.00.



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