Matthew C. Flemming
Chief Executive Officer and Chairman
Matthew Flemming, age 48, is the Chief Executive Officer of SMG-Indium Resources and MG Cleaners, LLC. Mr. Flemming served as CEO of HII Technologies from 2011 until 2016. In 2011, HII was a small ‘public vehicle’ with about $300k in cash, no debt, and entered into the oilfield services business through an initial platform acquisition.
Through several additional strategic acquisitions, he grew HII’s revenues to $4.2 million a month (an annualized rate of $ 50 million) within a period of 30 months. Unfortunately, the industry down-turn in 2015 resulted in pressured financial results and lower than expected operating profits, which subsequently lead to management’s decision to file chapter 11 bankruptcy in September 2015, later re-emerging in April 2016. Mr. Flemming has been a CEO and CFO for twenty years in high growth, capital intensive businesses. He has over ten years working in a public company management environment. He has significant relationships in the oilfield market place which will help provide access to products and company acquisition targets. Mr. Flemming has a Bachelors of Arts, with a Finance concentration from the University of Houston.
Meggen E. Rhodes
Chief Financial Officer
Ms. Rhodes has served as our Chief Financial Officer since the Closing Date of the Acquisition. Since March 2016, Ms. Rhodes has been a Manager of Dispute Advisory and Forensic Services for a financial advisory firm based in Houston, Texas. From March 2014 through March 2016, Ms. Rhodes was the Assistant Controller and then the Controller of HII Technologies Inc., based in Houston, Texas, an oilfield service company with operations in Texas, Oklahoma, Ohio and West Virginia focused on commercializing technologies and providing services in frac water management, safety services and portable power used by exploration and production companies in the United States. At HII Technologies, Ms. Rhodes was responsible for performing all financial reporting functions, creating financial reporting systems to assist management in evaluating performance of the various operating divisions, interfacing with executive and field management, performing due diligence on potential acquisition targets, and acting as point person for all audits and reviews. From September 2013 to February 2014, Ms. Rhodes was a Senior Engagement Manager for Albeck Financial Services, an accounting services provider located in Houston, Texas. From November 2010 through September 2013, Ms. Rhodes was a Financial Reporting and Operations Accountant for Vitol, Inc., a privately held energy company. From January 2007 through October 2010, Ms. Rhodes was Audit Staff / Audit Senior at boutique audit firms whose client base was concentrated in the OTC Market space. In 2006, Ms. Rhodes earned a BBA with a major in Accounting from the University of Houston Downtown.