$OSLH News Alert - OSL Holdings Hires Former SEC Employee as Vice President, Corporate Controller and Principal Accounting Officer

YARDLEY, Pa., - (http://www.financialnewsmedia.com News Alert) - OSL Holdings (OTCQB: OSLH) (\"OSL\" or \"the Company\"), a socially conscious business model dedicated to consumer advocacy, social activism and the advancement of civil liberties through the power of commerce, announced today that effective July 7, 2014 Thomas D\'Orazio joined the company to help streamline and optimize finance, accounting and reporting procedures, requirements and processes. Tom will serve as OSL Holdings Inc.\'s Vice President, Corporate Controller and Principal Accounting Officer. Bob Rotherberg, OSL\'s CEO said, \"We are excited to have Tom join the team. Tom brings a wealth of experience that will help the company with its reporting requirements as well as the accounting expertise needed to effectuate our accretive acquisition strategy.\"



Prior to joining the company, Mr. D\'Orazio served on the Technical Accounting Staff in the Division of Corporation Finance at the U.S. Securities and Exchange Commission from May 2013 to May 2014 where he reviewed registrants\' annual/interim filings and registration statements encompassing diversified businesses. In this role Mr. D\'Orazio identified key risk factors, MD&A matters and financial statement and related disclosure/internal control issues to ensure adherence to authoritative accounting/SEC guidance, all of which are potentially critical to investor decisions. Mr. D\'Orazio issued comments contributed to registrant restatements of previously reported financial information, amended filings and enhanced MD&A of critical accounting estimates/policies, results of operations, liquidity/financial condition, etc. and financial statements and footnotes thereof covering multiple areas.



Previous to that, Mr. D\'Orazio served as Senior Vice President, Finance and Principal Accounting Officer for Sensus, a $0.9 billion annual sales SEC filer and leading provider of advanced metering and related communications solutions to the worldwide utility industry, from April 2005 through December 2012. Mr. D\'Orazio also served as principal accounting officer for several multi-national public (primarily manufacturing) companies, on the staff of the Financial Accounting Standards Board in Research and Technical Activities and in the audit division of Arthur Andersen LLP. Mr. D\'Orazio graduated with a B.B.A. in Accounting and Financial...