Milton “Todd” Ault, III
Mr. Ault founded Alzamend Neuro™, Inc., a biotechnology firm dedicated to finding the treatment, prevention and cure for Alzheimer’s Disease on February 25, 2016 and has served as its Executive Chairman ever since.
Mr. Ault is a seasoned business professional and entrepreneur who has spent more than twenty-seven years identifying value in various financial markets including equities, fixed income, commodities, and real estate. On March 16, 2017, Mr. Ault was appointed Executive Chairman of the Board for DPW Holdings, Inc. (“DPW”), formerly known as Digital Power Corporation and on December 28, 2017, Mr. Ault was appointed Chief Executive Officer for DPW. Mr. Ault is the founder CEO and Chairman of Ault & Company, a private holding company since December 2015 and has been the Chairman of Avalanche International Corp dba MTIX International, Inc., a publicly traded company since September 2014.
Mr. Ault has been the Vice President of Business Development for MCKEA Holdings, LLC, a family office, since January 2011, providing business consultation services to a few publicly traded and privately-held clients and companies. Each of these clients benefited from Mr. Ault leveraging his experience and expertise developed from a diverse group of companies, ranging from development-stage to seasoned businesses across several business sectors including real estate, hospitality, financial services, medical device and health care, nutraceutical, small electronics manufacturing and distribution, online services and telecommunications among others.
Mr. Ault became majority shareholder of Franklin Capital Corp and was elected to its board of directors in July 2004 and became its Chairman and Chief Executive Officer in October 2004 serving until January 2006, and again from July 2006 to January 2007. In April 2005, the company changed its name to Patient Safety Technologies, Inc. (OTCBB: PSTX, OTCQB: PSTX) (“PST”) and purchased SurgiCount Medical, Inc. Stryker Corporation (NYSE: SYK) acquired PST at the beginning of 2014 in a deal valued at approximately one hundred twenty million dollars ($120,000,000). PST’s wholly owned operating subsidiary, SurgiCount Medical, Inc., is the company that developed the SafetySponge® System; a bar coding technology for inventory control that aims to detect and prevent the incidence of foreign objects left in the body after surgery.