SYDNEY, June 30, 2016 – MOKO Social Media Limited (ASX: MKB, OTC: MOKOY) (the “Company” and “MOKO”) is pleased to announce the appointment of Mr Edward Bralower to the Company’s Board as a Non-Executive Director with effect from June 30 2016.
Edward Bralower spent nearly twenty-five years at Jefferies & Co. in New York City, where he held various senior level equity sales and trading roles. Additionally, Mr. Bralower was the co-head of Jefferies’ Stamford, CT office, and sat on numerous committees. He was the Global Head of hedge fund relationship management.
Following his career at Jefferies, Mr. Bralower spent two years at Pali Capital and was a founding partner of Riverbank Advisors, LLC. Most recently he was a managing director at Sword, Rowe & Company.
Mr Bralower is currently associated with Wonderama Holdings, LLC., the producer of a family television show that encompasses all media distribution platforms to reach its target audience. He is presently a member of the advisory group at Formation Group, a leading Silicon Valley Venture Capital firm.
Mr. Bralower earned his B.A. from Franklin and Marshall College.
“We are delighted that Eddie has agreed to join the Board of MOKO,” said Greg McCann, MOKO’s Chairman. “His extensive corporate advisory experience, including advising companies like MOKO who are focused on engaging with targeted audiences in a meaningful way, and deep contacts across U.S. capital markets will be a valuable asset to the Company.”
Subject to shareholder approval at the next general meeting, the Company has agreed to issue Mr Bralower 25,000,000 options over ordinary shares with an exercise price of $0.0125 and an expiry date of 30 June 2019.
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