Mr. Crumpley graduated from Modesto High School (Modesto, California) in 1960, received an Associate of Arts (A.A.) in Business from Modesto Junior College in 1962, received a Bachelor of Arts (BA) degree in Economics from California State University at Fresno, and a Masters degree in Business Administration (MBA) from Pepperdine University. Mr. Crumpley is currently enrolled in a Ph.D. program at Rushmore University which he is scheduled to complete during 2012. Mr. Crumpley holds a California real estate broker's license, a California structural engineering (A) and general building (B) contractor's license. Mr. Crumpley has taken and passed a number of examinations for various securities licenses.
Mr. Crumpley is the President & CEO and a Director for Pacific States Capital Corporation, and a number of "shell" corporations which he is developing for future mergers and acquisitions. Neither he nor any of his affiliated companies operate as securities broker dealers in any state in the United States, and none of the affiliated companies are registered under the Investment Company Act of 1940 and none are registered under the Investment Advisers Act of 1940. Mr. Crumpley is not an attorney, a Certified Public Accountant (CPA), an investment advisor, a financial planner, a geologist, a geophysicist, a petroleum engineer, or a civil engineer.
From October 31, 1987 to December 20, 1994, Mr. Crumpley was the President & CEO and Chairman of the Board of Pan American Energy Corporation, a fully reporting, publicly traded oil and gas production corporation, traded on the NASDAQ: Bulletin Board under the trading symbol "PAEC." Pan American Energy Corporation was successfully merged with Harbin Bearing of Harbin, China and re-named Sunbase Asia, Inc. Sunbase Asia, Inc. was an approximate $100 million company. As the President & CEO of a public oil and gas company, Mr. Crumpley was responsible for hiring, firing, and supervising the work product of many of the professionals described in the last sentence of the second paragraph above.
Mr. Crumpley is the founder, and past President & CEO, of Valley Financial Corporation, incorporated in October, 1983, which acted as an investment company. Valley Financial Corporation, which has a wholly owned subsidiary, Pacific Energy Resources, Inc., and approximately 95 shareholders, is currently being successfully operated by new management out of Houston, Texas. Mr. Crumpley resigned as President & CEO of Valley Financial Corporation in April, 1996.
From June, 1975, through July, 1980, Mr. Crumpley was President & CEO of Lamont Pipe Co., Inc., and Arvin-Lamont Redi-Mix. Mr. Crumpley purchased Cooper Concrete Pipe Company, which had a wholly owned subsidiary, Western Irrigation Company. The Corporation had a negative net worth of approximately $1.3 million when Mr. Crumpley purchased the business. Mr. Crumpley re-structured the business and re-named it Lamont Pipe Co., Inc., and then later added a redi-mix concrete operation, Arvin-Lamont Redi-Mix. Lamont Pipe Company was involved in the design, engineering, and construction of irrigation systems and the installation of sewer and water systems for housing developments in the greater Bakersfield, California area and manufactured concrete pipe. Arvin-Lamont Redi-Mix was involved in the redi-mix concrete business. Mr. Crumpley successfully operated and then sold both businesses to Oildale Redi-Mix of Bakersfield, one of his redi-mix competitors.
From 1967 to June, 1975 Mr. Crumpley was in the land development business. The business, Mother Lode Development Corporation, was operated out of Sacramento, California. Mr. Crumpley gained a great deal of experience negotiating the purchase and re-sale of land; negotiating release clauses; doing real estate title work; surveying larger parcels of land into smaller parcels for re-sale; building roads, culverts, and building sites for each parcel of land; plus, managing a group of highly-charged real estate land sales people. From 1972 to 1975, the goal of the company was to sell itself out of business, which was successfully done by 1975. From 1965 to 1967 Mr. Crumpley worked in the real estate industry as an assistant to a shopping center developer, then as a real estate sales person, and then as a real estate broker.
In December, 1963 Mr. Crumpley founded Associated Bookkeeping and Tax Service in Fresno, California. Mr. Crumpley sold this accounting practice in 1966 to a competitor bookkeeping and tax service in Fresno, California. Prior to this time he was a college student.