GMX RESOURCES INC. announced that the staff of the United States Securities and Exchange Commission has informed GMXR, in writing, that they have completed the review of its Form 10-K for the year ended December 31, 2006 and do not, at this time, have any further comments.
"We are very pleased to have completed the SEC review and to have resolved all of the concerns they raised," stated Ken L. Kenworthy, CEO. "I am also pleased to announce the election of Mike Rohleder as Vice President. His experience in corporate development and management is a significant addition to our management team."
The Board of Directors of GMXR has appointed Michael J. Rohleder as Vice President of Corporate Development and Investor Relations. Mr. Rohleder brings 20 years of executive management experience to the GMXR team with an emphasis in financing, corporate development and leadership. Prior to joining GMXR Rohleder served as the Sr. Vice President of Worldwide Sales and Marketing for ON Semiconductor, a $1.5b semiconductor manufacturer (formerly the Motorola Semiconductor Components Division). From 1991 to 1999 he was CEO of MEMEC North America which was a division of VEBA AG. During his tenure at MEMEC the company grew from $18 MM per year in sales to over $2.5 B.
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