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David J Lindh OAM Chairman

Mr. Lindh is a lawyer and professional company director and consults to Minter Ellison lawyers in the areas of corporations and securities, energy, taxation and revenues, international trade, finance and general commercial advice. He has substantial experience in corporate and commercial matters, both as a lawyer and as a company director. In January 2008, Mr. Lindh was awarded the Order of Australia medal for services to business in particular as a company director and for services to equestrian sport.

Mr. Lindh was founding Chairman of ASX listed Ellex Medical Lasers Ltd and Centrex Metals Limited as well as a non-executive director of ASX listed Enterprise Energy Ltd and Bass Strait Oil & Gas Ltd.

K. David Goughnour Managing Director and CEO

Mr. Goughnour brings 40 years of diversified business and management expertise to the Company. Beginning as a strategic consultant advising companies, Mr Goughnour moved from mid-level and senior level management of various companies, to participation as a principal. He has formed and managed oil and gas companies in the US and Australia and served as Executive-Director of an Australian company. His various responsibilities include company organisation, asset purchase and sale, integration and management. Mr Goughnour’s study of the nutritional benefits of botanicals, cannabis and hemp resulted in the development of the NuOxylation “cold process” technology to be used for the production of NuCannaCo’s CBD product NuOxylate, to be produced from hemp, a product for medicinal and nutritional purposes.

James R. Renfro Executive Director and President

BS Chemical Engineering
(University of Kentucky) MBA Finance Specialization
(University of Chicago)


Mr Renfro has 35 years of diversified business and management expertise in Investment Banking as well as the Chemical and Oil & Gas industries. During the past 20 years, Mr Renfro has founded private oil and gas companies including Renfro Energy, LLC and Energy Resource Fund I, LLC. Mr. Renfro has been Chief Executive Office of “small cap” public oil and gas companies including OMNI Oil & Gas Inc. and Fox Petroleum Inc. Prior to these executive positions, Mr Renfro was Vice President at EnCap Investments, an energy institutional investment group located in Houston and Dallas; a member of the Corporate Planning Department at Shell Oil in Houston and a Corporate Finance Investment banker with Dean, Witter, Reynolds Inc. in New York City. Prior to Mr Renfro obtaining his MBA (Finance) from the University of Chicago’s Booth School of Business in 1989, Mr Renfro was a petroleum engineer with Exxon Company USA in Houston, and held the position of Plant Supervisor and Research and Development Engineer for Dow Corning Corporation in Kentucky. Mr Renfro earned his Bachelor of Science Degree in Chemical Engineering in 1980 from the University of Kentucky.

David Frankens Director

Mr. Frankens is a lifelong resident of East Texas where he started his business career as a custom home builder and expanded into mortgage lending & Farm and Ranch Management. Mr. Frankens is also a developer of wind energy in the Southwestern US and brings a high level of experience in negotiations, deal structures, and worldwide business contacts that will benefit and complement the Company.

Robert K Hughes Director

Mr. Hughes received his Bachelor of Arts from Texas Christian University, Texas. Mr Hughes has significant business, management, oversight and innovative expertise through his 50 years diversified career in oil & gas, banking, and manufacturing. Mr.Hughes is an inventor holding many US Patents. Mr Hughes’ primary career has been in the oil & gas industry through companies he founded or was otherwise involved in with activity focused in North Dakota, Colorado, Kansas, Oklahoma, Texas, Louisiana and Florida. In addition, he is the founder and owner of Flexstake, Inc. which manufactures airport and highway traffic control devices. Mr Hughes is a founding member of the First Independence Bank of Fort Myers, Florida and served on the Board.

Simon Gray Director

Mr. Gray is a business consultant with over 30 years’ experience as a Chartered Accountant with a major Chartered Accounting Firm in Australia and overseas. His experience includes public company accounting and reporting and has been involved in a significant number of initial public offerings. He has a particular interest in start-up companies and the compliance and governance challenges within that area. He has had a wide industry exposure including mining and agriculture with a particular focus on medical and high tech products.

NuOxylation Technology is proprietary to NuCannaCo Science