On February 14, 2017, Charles Posternak and Joseph Schimmel resigned from their positions as directors of PFO Global, Inc. Their resignations were not the result of any material disagreement with the company regarding its operations, policies or practices. On February 21, 2017, The company's directors elected Matt Cevasco to serve as a director on the company’s board of directors. He will hold office until the next annual election and until his successor is duly elected and qualified, or until his earlier resignation or removal Mr. Cevasco also serves as the company’s Chief Executive Officer and Principal Financial Officer.
PFO Global, Inc. manufactures and delivers complete eyewear, prescription lenses and related services to the managed care insurance industry. It distributes distortion free polycarbonate lenses under the Resolution brand name. The Companyâs products include SmartCalc and SmartEyewear. SmartCalc proprietary software used to manufacture fully digital lens designs. Certain Company lenses are produced following the SmartCalc software calculation. SmartEyewear Online Ordering System a business-to-business online ordering software system which allows eye care providers to quickly provide all necessary information for each patientâs eyewear package and unique use. It integrates the optical provider directly with lab system. The Company utilizes this system for all of its electronic ordering.