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Post# of 77519
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stockmasterflash

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stockmasterflash

Re: None

Wednesday, 08/17/2016 6:43:06 AM

Wednesday, August 17, 2016 6:43:06 AM

Post# of 77519
Item 5.02 - Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 11, 2016, Ivor Royston, a member of the Board of Directors, submitted his resignation. The resignation became effective immediately. Dr. Royston notified the CEO of the Company, Robert Lorsch, that he resigned in order to devote more time to other business ventures.

There are no arrangements or understandings between Dr. Royston and any other person pursuant to which he was selected a Director of the Company, nor are there any family relationships between Dr. Royston and any of the Company's directors or executive officers. Other than as described herein, there are no transactions between Dr. Royston and the Company that would be required to be reported

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