Public records show:
1)Kayode A. Aladesuyi, Former President, CEO and Director. Mr. Aladesuyi was the founder and had been the Company's CEO and President from its inception in May 1999 until his resignation submitted to the board of directors at a meeting held on March 25, 2003. The board of directors accepted the resignation of Mr. Aladesuyi after was first informed in March 2003 that Mr. Aladesuyi had plead guilty in United States District Court for the Northern District of Georgia/Atlanta Division to possession of fraudulently obtained securities (financial instruments). This conviction was unrelated to the Company's securities nor was it related to any public company or entity. Prior to this information being received by the Company, present management had no knowledge of this proceeding. The plea resulted in a sentence of 11 months followed by three years supervised probation. In connection with the Company's inquiry of this matter, the Company received a copy of the judgment, conviction and plea dated February 28, 2002. We understand that in connection with his guilty plea, Mr. Aladesuyi was ordered to make restitution of a total of $68,500 to five individuals.
Prior to founding PlanetLink, he founded Vision Records Atlanta, a music production company and one of the pioneers in the Atlanta music market. In 1996, Mr. Aladesuyi entered the film and television industry and started the Loud Entertainment Group. Loud Entertainment Group produced a series of regional programs, which were also aired on the UPN and WB networks including the production of the African American Soap Opera "Sweet Auburn". Loud Entertainment Group is currently managed by an independent consulting company. Until 1994, Mr. Aladesuyi had been an accountant and principal at Associated Management and Financial Services, a tax and financial planning firm. During that time he has assisted several small and mid-size business owners in starting and developing businesses in the metropolitan area of Atlanta, Georgia. Mr. Aladesuyi has not held any position in a reporting public company during the last five years.
