Board of Directors

The founder of Mastix Medica, Mr. Estey has led companies through successful turnaround and start-up situations. In these situations, Mr. Estey had CFO and operational responsibilities at ANI Pharmaceuticals, Xanodyne Pharmaceuticals, Alpharma’s U.S. Generic Pharmaceutical Division and Florida Tile Industries. Earlier in his career, Mr. Estey held a variety of increasingly responsible financial and operational positions in life science and consumer products companies that includes Pfizer, Praxis Biologics (now Wyeth), Everest Healthcare (now Fresenius), Lever Bros. and Pennwalt (now UCB).

Mr. Estey holds a BA degree in Economics from Colgate University and an MBA in Operations Research from the Rochester Institute of Technology. He is also a Certified Management Accountant (CMA).

Paul Bucha has served as a director since 2011.  Mr. Bucha, has been the CEO of Terra Mark II, LLC since December 2005. Under his leadership, it was established to continue work on real estate projects in Bermuda and other environmentally sensitive locations after buy out of majority owners of Terra Mark, LLC. joint venture with Greenfield Partners of Norwalk, Connecticut.

In addition, Mr. Bucha has been a director of M Group, USA since 1994.  M Group, USA is a family owned real estate and investment company with projects in Switzerland, United Kingdom, Caribbean basin and USA.  He has oversight of all aspects of company activities.   Mr. Bucha was appointed director because of his business experience.  

Mr. Colucci is a recognized authority on operations and finance, he serves as an important resource for businesses ranging from start-ups to those with established revenues exceeding $20 million. His decades of hands-on executive experience are evident in the solutions he brings to GelStat.  Before joining GelStat Mr. Colucci co-founded Universal Capital and brought profitability to a national ink manufacturer's regional division by reducing inventory, streamlining manufacturing and delivery systems, and rearranging sales territories. In addition to his extensive knowledge of operational troubleshooting, Mr. Colucci brings his talents as an advisor in commercial real estate including industrial land use, marinas and income properties. He earned a bachelor's degree in economics from St. Joseph's University and regularly attends continuing education seminars to stay abreast of the latest business techniques and trends.