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Mr Tchaikovsky joins VLOV mens brand
May '10
VLOV, Inc., a China-based designer of VLOV brand men's apparel, announced that it has appointed Bennet P. Tchaikovsky as Chief Financial Officer, effective immediately. Based in the U.S., Mr. Tchaikovsky will act as part-time CFO for VLOV and serve as one of the Company's primary contacts for investors.

Mr. Tchaikovsky brings more than 19 years of professional experience to VLOV. His expertise includes financial management, SEC reporting, U.S. exchange listings, corporate governance, financing transactions and investor relations. For the past three years, Mr. Tchaikovsky has specialized in China-based companies that are publicly traded on U.S. stock exchanges. During the past year, while serving as CFO, he was instrumental in the uplisting process from the OTC Bulletin Board to the NASDAQ Capital Market for Skystar Bio-Pharmaceutical Company (SKBI) and China Jo-Jo Drugstores (CJJDD). He also assisted in raising over $17 million in gross proceeds for each company through direct offerings. Mr. Tchaikovsky will continue to serve as part-time CFO for China Jo-Jo Drugstores.

Mr. Tchaikovsky recently resigned his position as CFO of Skystar Bio-Pharmaceutical Company and has worked with China Jo-Jo Drugstores since June 2008, becoming CFO in September 2009. Previously, he held CFO positions with Innovative Card Technologies, Inc. and Digital Lava, Inc. Mr. Tchaikovsky has also served as a Director and Audit Committee Chairman of Ever-Glory International Group (NYSE EVK) and Sino Clean Energy, Inc. (OTC Bulletin Board:SCLX.OB). He began his career with Coopers & Lybrand, LLP (now PricewaterhouseCoopers, LLP). Mr. Tchaikovsky received a B.A. in Business Economics from the University of California at Santa Barbara, and a J.D. from Southwestern University School of Law. He is an actively licensed California Certified Public Accountant and an inactive member of the California State Bar.

"We are pleased to have someone of Mr. Tchaikovsky's caliber join VLOV," said Mr. Qingqing Wu, Chairman and CEO of VLOV. "He has an extensive public company background, as well as experience helping Chinese companies navigate the U.S. financial markets. We are confident Mr. Tchaikovsky's expertise will be invaluable and look forward to his contributions as we focus on achieving our financial and strategic goals."


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