TORONTO, ON—February 26, 2014 - Nevada-based Modern Mobility Aids, Inc. (OTC Pink: MDRM) (the "Company") has recently appointed new auditors, Cutler & Co LLC of Denver Colorado as their auditors replacing their old auditors because of retirement and sale of the practice to Cutler. Cutler is working diligently with the company to bring all filings current asap. The Company is also pleased to announce the appointment of Mr. Preston Shea as both a Director and President of the company.
Mr. Shea provides decades of expertise in the areas of business law and government regulations. Mr. Shea currently serves as a Senior Vice President of Sakha Enterprises Corp. Prior to this, Mr. Shea was the President and Secretary of Studio One Media and also served as its Chief Executive Officer. Mr. Shea practiced international immigration law and business law in Ontario, Canada, Detroit, Michigan and Phoenix, Arizona, with an emphasis on the North American Free Trade Agreement. Prior to that, he was employed by the government of Canada in various positions including Chief of Staff for the Federal Minister of the Environment, Special Assistant to the Federal Minister of International Trade, and as a Senior Investment Advisor in the Los Angeles offices of the Canadian Consulate. Mr. Shea is licensed as an Attorney in the State of Arizona and as a Barrister and Solicitor by the Law Society of Upper Canada in Ontario. He holds B.A., M.B.A. and an L.L.B.
MDRM will strive to be a premier company in the cannabis domain as the attitudes in the western world towards medical marijuana are rapidly changing and there is a strong movement towards legalization of medical marijuana in many jurisdictions and the Medical marijuana industry is expected to experience remarkable growth in the next ten years as many countries legalize medical marijuana. For centuries, cannabis has been used around the world for treatment of various illnesses, including pain, anxiety, sleep disorders and stress management.
Commenting on the Company's business evolution Mr. Declan French, CEO, remarks, "We welcome the addition of Preston Shea to our rapidly expanding management team; he adds real depth in the areas of government regulation and public company governance. I also look forward to seeing rapid results from our auditors in completing our audits and thus getting all our filings current in the coming days and weeks."
About Modern Mobility Aids, Inc.
Modern Mobility Aids, Inc. was first incorporated under the laws of the State of Nevada on December 19, 2007, under the name of Glider Inc. Its business plan was to sell and distribute products for mobility-challenged individuals. The Company changed its name to Modern Mobility Aids, Inc. on April 22, 2010 with initial plans to distribute products for mobility-challenged individuals. In February 2014, the business focus of the Company evolved with a rapid expansion strategy in the life sciences and healthcare industry with a focus on production of Medical marijuana. A mandate was created to acquire companies within the biopharma and alternative medicine sectors, targeting both innovative research and development as well as scalable licensed, cannabis manufacturing capacity.
Modern Mobility Aids, Inc.
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