Michael Chavanu is a successful business executive and proven entrepreneur who joined the GelStat board of directors on June 15, 2006 and became its Chairman in March of 2008.  A long time GelStat shareholder, Mr. Chavanu is the founder of GPAC, Inc. an environmental remediation company specializing in distressed property reclamation, rehabilitation and decommissioning. During the course of the Company's history, GPAC has completed over $80,000,000 in contracts for government agencies, municipalities and corporate clients. Mr. Chavanu also founded Environmental Management Inc., an environmental consulting firm purchased by Professional Service Industries, Inc. in a private transaction. 

William R. Colucci, President and Director

Mr. Colucci is a recognized authority on operations and finance, he serves as an important resource for businesses ranging from start-ups to those with established revenues exceeding $20 million. His decades of hands-on executive experience are evident in the solutions he brings to GelStat.  Before joining GelStat Mr. Colucci co-founded Universal Capital and brought profitability to a national ink manufacturer's regional division by reducing inventory, streamlining manufacturing and delivery systems, and rearranging sales territories. In addition to his extensive knowledge of operational troubleshooting, Mr. Colucci brings his talents as an advisor in commercial real estate including industrial land use, marinas and income properties. He earned a bachelor's degree in economics from St. Joseph's University and regularly attends continuing education seminars to stay abreast of the latest business techniques and trends. 

Tom DeSantis, Consultant – Marketing & Business Development  - (U.S. Marketing, Ltd.) 

Tom DeSantis, President and founder of U.S. Marketing Ltd., has over 23 years of experience in corporate communications, project management, new business development, sales, marketing, sales incentives, promotions and customer relations. Equally important, Mr. DeSantis is a hands-on leader in both start-up and established business organizations. Under his leadership, U.S. Marketing has created successful brand awareness and marketing programs for companies such as Verizon, Showtime Networks, Sobe Beverages, USA TODAY, and National Fish and Seafood. In addition, U.S. Marketing has created and implemented unique and innovative strategic business development programs for start-up companies with limited budgets that allowed them to achieve immediate brand recognition in the market place. Mr. DeSantis earned a Bachelor of Science degree in Political Science from Southern Connecticut State University.

Adrian G. Goldfarb, Consultant – Strategic Planning - (WSR Consulting, Inc.) 

Mr. Goldfarb has more than 25 years experience in a number of different technology companies including IBM and a Fujitsu subsidiary. In addition to extensive international experience in a variety of management roles, he served as General Manager for the European affiliate of The Weather Channel and was responsible for turning around its European operations after multiple years of losses under previous management. He has most recently been involved in the private equity space, both as a management consultant and investor and recently concluded the sale of one of those companies to a large European investment group. Mr. Goldfarb specializes in the turnaround and growth of emerging companies with a focus on strategic planning and prudent financial management.

Mr. Goldfarb is a graduate of Rutgers University in New Jersey with a BA in Business Administration specializing in Finance.

Ronnie Sue Goldfarb, R.N., Consultant – Healthcare Compliance - (WSR Consulting, Inc.)

Ms. Goldfarb began her nursing career at a large medical center as a staff nurse. She has held positions at Squibb Pharmaceutical, FHP Health Care, a large California insurance company which is now a United Health Care company and a European division of Abbott Laboratories. Most recently, she was a Disease Management Coordinator at a large Florida health insurance company where she was involved with the establishment of their Disease Management program.

Ms. Goldfarb is a graduate of The University of Vermont School of Nursing with a Bachelor’s of Science in Nursing. Currently, Ms. Goldfarb holds her RN License in the state of Florida. Previously, she has held licenses in New Jersey, Virginia, California and the United Kingdom.

Michael R. Hull, CPA, Consultant – Accounting/Reporting - (WSR Consulting, Inc.) 

Mr. Hull joined WSR Consulting, Inc. in 2008 as its Managing Director of CFO Services. After graduating from college, Mr. Hull spent 11 years auditing both public and private companies for Price Waterhouse, advancing from audit staff to audit senior manager. Upon leaving Price Waterhouse, he accepted the position of CFO for BCT International, a public company that is a franchisor of wholesale printing businesses with annual network sales of $107 million. Subsequently, he worked for Resources Global Professionals, where he was a member of a team that assisted a $4 billion subsidiary of a $40 billion multinational company in complying with Section 404 of the Sarbanes Oxley Act of 2002. Most recently, Mr. Hull served as the CFO of BabyUniverse, a public company traded on Nasdaq. His responsibilities included preparing the annual 10-K and quarterly 10-Qs filed with the SEC and coordinated the annual financial statement audit and quarterly reviews.

Mr. Hull is a 1985 graduate of the University of Central Florida with a B.S.B.A. in Accounting. He has been a Certified Public Accountant since 1986 and is a member of the Florida Institute of Certified Public Accountants, a member of the American Institute of Certified Public Accountants, and a member of the Financial Executives Network Group.

Gerald N. Kieft, Consultant – Corporate Finance - (WSR Consulting, Inc.) 

Mr. Kieft is the founder and President of Wall Street Resources, Inc. and a co-founder of WSR Consulting, Inc. Mr. Kieft began his career in the finance industry as an analyst for the Loan Source in 1991, providing debt-funding sources for small businesses through Small Business Association (SBA) loans. Subsequently, Mr. Kieft has worked as a buy-side analyst for a hedge fund, a sell-side analyst for a boutique brokerage firm and as a consultant to high net worth individuals and emerging growth companies at a number of financial institutions including Prudential Securities, Legg Mason Wood Walker and Raymond James & Associates. Throughout his career in the finance industry, Mr. Kieft has helped numerous emerging growth companies obtain financing and gain market awareness, while providing quality information on micro and small capital companies to the investment community.

Robert Thornton, Consultant – Information Technology - (U.S. Marketing, Ltd.) 

Robert Thornton of Web Global Net leads the technology team for U.S. Marketing, and brings to GelStat over 25 years of experience evaluating, implementing and managing technology platforms to increase efficiency and minimize costs. Mr. Thornton majored in Economics at the University of Massachusetts from 1976 -1980.    Mr. Thornton was a Financial Consultant with Shearson - Lehman Brothers & Dean Witter from 1981 - 1989. Between 1989-1997 Mr. Thornton was Founder and President of MacPRO America which specialized in High End computer systems for the printing market. From 1997-2001 Mr. Thornton was employed in various regional and national sales management positions at Scitex America before leaving to start Web Global Net a Nationally recognized Web Development firm.