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People: Coda Octopus Group Inc (CODA.OQ)

CODA.OQ on NASDAQ Stock Exchange Capital Market

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Midgley, Michael 

Mr. Michael Midgley serves as Chief Financial Officer, Chief Executive Officer of Coda Octopus Colmek, Inc., Director of the Company. Mr. Midgley’s 42-year career spans business, accounting and finance in myriad industries. He is an expert in data mapping and conversion to JD Edwards World General Accounting software, and has garnered a successful career track record with complex financial reporting procedures, payroll, audit duties, tax and benefit management. Prior to joining Coda Octopus Group, Mr. Midgley had his own CPA practice based in Salt Lake City, specializing in SEC and Tax practice areas, as well as working for a regional accounting firm. Additionally, from 1995-2008, he served as a software installation consultant, and was an integral part of a JD Edwards system installation for a retail store and warehouse distribution operation. Mr. Midgley served as President and CFO of Covol Technologies, Inc., 1991-1995. During his tenure he structured and completed $10 million in equity offerings for the development of that company’s technology; developed and implemented a new cost accounting system for four subsidiaries and the parent, and successfully completed a company turnaround. Mr. Midgley served as CFO of Human Affairs Inc., 1986-1991, and was an integral part of the acquisition team when the corporation was acquired by Aetna Life and Casualty. While CFO, that company grew from $5 million to $50 million in gross revenues, while department personnel increased from two to 25. Additionally, he served as Account Executive for all military business, and managed all 65 employees working on military contracts. Further, Mr. Midgley interfaced with the Department of Defense to develop and staff a substance abuse treatment program for military dependents in Europe and Panama. Mr. Midgley is a qualified Certified Public Accountant in the state of Utah, and attended the University of Utah.

Basic Compensation

Total Annual Compensation, USD 130,000
Restricted Stock Award, USD --
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 130,000

Options Compensation

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Exercisable -- --
Unexercisable -- --
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