BOARD OF DIRECTORS
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.