Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 15, 2017, Blockchain Industries, Inc., formerly known as Omni Global Technologies, Inc., (the "Registrant") announced the appointment of Patrick Moynihan as Chief Executive Officer and Chairman of the Registrant, positions formerly held by Ms. Olivia Funk Mr. Moynihan brings to the position a deep understanding of the blockchain and cryptocurrency industries and a global set of relationships with software engineers, ICO originators and miners. Formerly, Moynihan was Managing Director for Corona Associates Capital Management, Managing Director at Ithaca Partners LLC, and Founder & CEO at PayLock Inc. Under his leadership, PayLock became the highest margin parking technology collection company in the United States, and secured the world's largest vehicular collection contract with the city of New York for roughly $800M. He holds an English Major and Business Minor from Ithaca College in 1990. Ms. Funk had served as CEO the Registrant since March 23, 2013. Ms. Funk stated in her letter of resignation, a copy of which is attached hereto, that she had no disagreements with the operations, policies or practices of the Registrant.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On November 13, 2017, the Registrant filed Certificate of Amendment to its Articles of Incorporation with the State of Nevada (the "Certificate of Amendment") for the purpose of changing the name of the Registrant from Omni Global Technologies, Inc. to Blockchain Industries, Inc. The Certificate of Amendment, a copy of which is attached hereto as exhibit 99.1, was filed based upon the Joint Written Consent of the Registrant's Board of Directors and Majority Consenting Stockholder.
Share Structure as shown in the July 31, 2017 10-Q and as of Sep. 30, 2017
Authorized Common - 400,000,000
Outstanding Common - 20,368,703
Restricted Common - 20,000,000
Float - 368,703
Preferred - 5,000,000 Authorized. None Issued.