Stephen W. Devanney, Senior Managing Principal,of  Devanney Company. Steve entered the securities industry in 1969 as a member of the Merrill Lynch JET program and has over 5 decades of continuous practical Market and Marketing expertise. His expertise includes Corporate Finance, Business Development, private placements, Institutional retail/wholesale trading, JV & M&A. Steve also founded and served as President and CEO of a large regional Investment Banking firm with over 200 brokers in three states for 11 years. During this time, Steve served on several industry and regulatory committees. He has consulted with the National Association of Securities Dealers in Colorado, and the Colorado State Securities Commissioner, demonstrating his in-depth knowledge of capital markets and business development, and is today compliant with Sarbanes Oxley. Mr. Devanney has served as a member of the board of directors from 1969-1989.