– USA, OR – Grow Condos, Inc., (OTCPK:GRWC) announced today that on July 1, 2018, Wayne Zallen resigned as the President and CEO of Grow Condos, Inc. and David Tobias resigned his position as a member of the Board of Directors. On the same day, Jonathan Bonnette was elected to the Board of Directors filling the vacancy created by the resignation of David Tobias. Mr. Bonnette was also appointed the President and CEO of the Company. Wayne Zallen will remain the Chairman of the Board of Directors and will continue to serve as the CFO until such time as a replacement can be found. David Tobias will continue to serve with the Company as an outside consultant.
Grow Condos, Inc has been successful since its inception in 2013. Wayne Zallen, former CEO, developed a lease-option model for industrial warehouses and has successfully maintained high occupancy. Additional growth for the company came with the purchase of an RV Park in Selma OR, “Smoke on the Water.”
The new CEO, Jonathan Bonnette, has outstanding credentials to move the company to its anticipated next strategic level. Mr. Bonnette has successfully built companies and creates systems that save time and resources. He co-founded United First Financial (UFirst) which created the Money Merge™ system. This system software applies existing banking tools, 1:1 coaching, and web-based software to aid consumers in paying off their mortgages and consumer debt in approximately half the time. He received the prestigious Ernst & Young Entrepreneur of The Year® Award in 2008.
About Jonathan Bonnette
From 2006 through 2014 he worked for United First Financial, a company which he cofounded and with regard to which he was also an owner. United First Financial was a direct sales company with a financial software product that would instruct people on how to pay off debt as quickly as possible. He served as president and was over I.T. and operations.
From 2014 through 2018 he worked for Legacy Solutions Group, a company which he also owns. Legacy Solutions Group is a company that helps people protect and build a retirement through different investment strategies, including real estate investments. He was in charge of technology and client on boarding.
Mr. Bonnette is qualified to be a director of the Company because he has owned many private companies. One of the companies he owned had over 240 employees, over 70,000 independent agents and revenues of more than $120,000,000 per year. He has also owned a software and technology company giving him experience that will broaden our solutions to the cannabis industry.
For more information : http://www.growcondos.com
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