NEXA co-founder terminated

“Unfortunately
that
arrangement
became
unworkable,
and
NEXA
made
the
decision
to
terminate
Mr.
Grella’s
employment,”
Kortas
said.
“The
negotiations
regarding
the
buyout
of
Mr.
Grella’s
ownership
interest
shall
continue.”

Grella
said
he
wasn’t
aware
that
buyout
negotiations
would
continue,
but
declined
to
comment
further.

NEXA
has
not
made
any
announcement
regarding
Grella’s
replacement.

“The
decision
to
terminate
Mr.
Grella’s
employment
was
made
for
the
best
interest
of
the
organization,
all
of
the
great
Loan
Officers
and
support
staff
of
NEXA,
and
to
preserve
our
future
growth,”
Kortas
said
in
his
statement.

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