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firad

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firad

Re: None

Wednesday, 01/31/2018 3:27:20 AM

Wednesday, January 31, 2018 3:27:20 AM

Post# of 32973
On January 9, 2018, the Board of Directors received a letter of resignation from Mr. Michael Hu resigning his position as President/CEO along with any other executive officer positions he held with the Company. The Board, in the best interest of the Company, accepted Mr. Hu's resignation and thanked him for his service on behalf of the Company.

On January 9, 2018, in the best interest of the Company, the Board of Directors also appointed George S. Hedrick to the positions of President/CEO, Secretary, Treasurer/CFO, and as a director of the Company. Following is some background information on Mr. Hedrick:

http://www.4-traders.com/2050-MOTORS-INC-16416275/news/2050-MOTORS-INC-Change-in-Directors-or-Principal-Officers-form-8-K-25894557/

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