Foldera Inc. (FDRA.OB) Announces Total Corporate Overhaul
Formerly engaged in the development of web-based organization and collaboration software, Foldera, Inc. yesterday proclaimed its intent to change the entire face of the company. In the next few weeks, the company plans to enact a series of changes which include a new company name, trading symbol, corporate strategy, management team, and market direction. Foldera will henceforth be known as CeCors, Inc., derived from an acronym for carrier Ethernet core switch, which is precisely the technology to be commercialized by the new organization. New members of the board include Ananda Perera (CTO) and Sri Chaganty (VP Software Dev.), who collectively…