All change, but I suspect STOA will never entirely expunge the scammy stench that surrounds it, no matter how much cheap perfume "new" management drench this stinky shell in:
"ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
(a) Departures of Directors
On November 15 2014, the Board of Directors of Seratosa Inc., accepted the resignation of James Wang as President, Chief Executive Officer, and Chief Financial Officer of Seratosa Inc. The resignations are effective November 18, 2014.
There were no disagreements between James Wang and our Board of Directors regarding any business practices or procedures.
(b) Departures of Principal Officers
On November 15, 2014, the Board of Directors of Seratosa Inc., accepted the resignation of James Wang as director of the Company. The resignation is effective November 18, 2014.
There were no disagreements between James Wang and our Board of Directors regarding any business practices or procedures.
(c) Appointment of Principal Officers
Effective November 18, 20114, the following individuals were appointed as our executive officers (“New Officers”):
Name
Age
Position
Brent Suen
47
Chief Executive Officer and President
There are no existing family relationships amongst our officers.
(d) Appointment of Directors
Effective November 18, 2014, the following individuals were appointed as a new members of our board of directors (“New Directors”):
Name
Age
Position
Brent Suen
47
Director
Brent Suen- CEO, President & Director. Mr. Suen has 27 years of experience in the investment banking industry. He attended Westminster receiving his BA in Finance. He began his career in merger arbitrage at Bear Stearns in 1988, at the age of 20, as the firms’ youngest hire. In 1993, he founded Axis Trading Corp., one of the first online platforms for stock trading and subsequently sold it to a division of Softbank in 1996. In 1997, he co-founded Elevation Capital which invested in and advised Silicon Valley based companies on IPO’s, mergers and acquisitions, strategic partnerships and fund raising. In 2003 Brent moved to Hong Kong and China where he established Bay2Peak S.A. Bay2Peak has invested in and advised over fifty companies which include Internet, software, renewable energy and life science companies. From 2006 to 2008 he also advised IRG TMT Asia Fund on private and public investments. In 2012 Brent served as advisor to McLarty Group and Citibank Venture Capital on a sale/leaseback program valued at $160 million leading to the eventual sale of the company for $630 million. For the past two years, Brent led the start-up and management of Empirica S.A., a security/intelligence and frontier markets focused advisory firm operating in Asia, the Middle East, Africa and Central Asia."
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
