Jack Besmargian,
Chief Financial Officer and Secretary

Mr. Besmargian received his Certified General Accountant designation in 1973 while employed as Senior Cost Accountant and Computer System Co-ordinator for the forest industry in British Columbia, Canada. From 1984 to 1992, Mr. Besmargian was employed as a Controller for mid-size food companies in British Columbia, Canada.

Since 1993, Mr. Besmargian has been providing accounting services to the Company and a number of other Canadian listed companies. During the 1980's, Mr. Besmargian served as a member of the Board of Governors of the Certified General Accountants Association of British Columbia. Mr. Besmargian is involved in the identification, structuring and management of Armada's investments as well as key aspects of due-diligence related to financial statements and the underwriting process.